Stitch Fix
SFIX
208 hedge funds and large institutions have $1.33B invested in Stitch Fix in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 27 closing their positions.
130% more capital invested
Capital invested by funds: $577M → $1.33B (+$752M)
111% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 27
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
17% more funds holding
Funds holding: 178 → 208 (+30)
13.97% more ownership
Funds ownership: 79.03% → 93% (+14%)
1% less call options, than puts
Call options by funds: $92.4M | Put options by funds: $93.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.2M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$25M |
| 3 |
NPCM
North Peak Capital Management
New York
|
+$19.6M |
| 4 |
CAM
Contour Asset Management
New York
|
+$18.1M |
| 5 |
BlackRock
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SCGE Management
Menlo Park,
California
|
-$10.9M |
| 2 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$9.08M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.3M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$7.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1W
226
1776 Wealth
Atlanta,
Georgia
| – | -$4K | -160 | Closed |
|
|
DWM
227
Darwin Wealth Management
Tampa,
Florida
| – | -$1K | -140 | Closed |
|
|
OAJ
228
Ogorek Anthony Joseph
Williamsville,
New York
| – | -$1K | -110 | Closed |
|
|
HWM
229
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$1K | -100 | Closed |
|
|
CFA
230
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$789 | -40 | -62% |
|
|
VCM
231
Versant Capital Management
Phoenix,
Arizona
| – | +$99 | +5 | +36% |
|
|
KPW
232
Kore Private Wealth
New York
| – | +$493 | +25 | New |
|
233
Simplex Trading
Chicago,
Illinois
| – | +$1.38M | +70,014 | New |
|
SFIX Hedge Fund Activity: Q2 2020 in Review
208 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q2 2020, worth a combined $1.33B — up 130% from $577M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SFIX positions and 27 closed out — a net gain of 30 holders — while 68 added to existing stakes and 51 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.2M. The largest seller was SCGE Management, exiting entirely with an estimated $10.9M sold.
- 208 institutional investors held Stitch Fix (SFIX) as of Q2 2020, up from 178 in Q1 2020.
- Funds reported $1.33B of Stitch Fix stock for Q2 2020, up 130% quarter-over-quarter.
- 57 funds opened new Stitch Fix positions in Q2 2020 and 27 closed out, a net change of +30 holders.
- The largest Stitch Fix buyer in Q2 2020 was Morgan Stanley, an estimated $30.2M added.
- The largest Stitch Fix seller in Q2 2020 was SCGE Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2020.