Stitch Fix
SFIX
209 hedge funds and large institutions have $1.23B invested in Stitch Fix in 2019 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 59 increasing their positions, 51 reducing their positions, and 46 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
49% more capital invested
Capital invested by funds: $826M → $1.23B (+$406M)
39% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 46
16% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 51
9% more funds holding
Funds holding: 192 → 209 (+17)
1.1% more ownership
Funds ownership: 85.2% → 86.3% (+1.1%)
40% less call options, than puts
Call options by funds: $77.5M | Put options by funds: $128M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$34.3M |
| 2 |
Coatue Management
New York
|
+$25.4M |
| 3 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$22.8M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$22.1M |
| 5 |
Morgan Stanley
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
-$25.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$18.6M |
| 3 |
Renaissance Technologies
New York
|
-$9.69M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.52M |
| 5 |
BlackRock
New York
|
-$7.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
251
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$2K | -100 | Closed |
|
252
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -100 | Closed |
|
|
AWM
253
Avior Wealth Management
Omaha,
Nebraska
| – | -$1K | -87 | Closed |
|
|
EFSCE
254
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -34 | Closed |
|
|
DSC
255
Duncker Streett & Co
St. Louis,
Missouri
| – | +$93 | +4 | New |
|
SFIX Hedge Fund Activity: Q4 2019 in Review
209 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q4 2019, worth a combined $1.23B — up 49% from $826M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new SFIX positions and 46 closed out — a net gain of 18 holders — while 59 added to existing stakes and 51 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $34.3M. The largest seller was Contour Asset Management, cutting an estimated $25.8M.
- 209 institutional investors held Stitch Fix (SFIX) as of Q4 2019, up from 192 in Q3 2019.
- Funds reported $1.23B of Stitch Fix stock for Q4 2019, up 49% quarter-over-quarter.
- 64 funds opened new Stitch Fix positions in Q4 2019 and 46 closed out, a net change of +18 holders.
- The largest Stitch Fix buyer in Q4 2019 was Scopus Asset Management, an estimated $34.3M added.
- The largest Stitch Fix seller in Q4 2019 was Contour Asset Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q4 2019.