Stitch Fix
SFIX
216 hedge funds and large institutions have $736M invested in Stitch Fix in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 53 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 58
21% more call options, than puts
Call options by funds: $36.8M | Put options by funds: $30.4M
4.34% less ownership
Funds ownership: 92.23% → 87.89% (-4.3%)
11% less funds holding
Funds holding: 242 → 216 (-26)
43% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 53
49% less capital invested
Capital invested by funds: $1.45B → $736M (-$717M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$19M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$17.1M |
| 3 |
Coatue Management
New York
|
+$13M |
| 4 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
+$12.3M |
| 5 |
Two Sigma Advisers
New York
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$132M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$24.4M |
| 3 |
Barclays
London,
United Kingdom
|
-$12.2M |
| 4 |
Morgan Stanley
New York
|
-$11.2M |
| 5 |
6CM
683 Capital Management
New York
|
-$11.1M |
SFIX Hedge Fund Activity: Q1 2022 in Review
216 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q1 2022, worth a combined $736M — down 49% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SFIX and 30 opened new positions — a net loss of 23 holders — while 58 trimmed existing stakes and 83 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $19M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $132M sold.
- 216 institutional investors held Stitch Fix (SFIX) as of Q1 2022, down from 242 in Q4 2021.
- Funds reported $736M of Stitch Fix stock for Q1 2022, down 49% quarter-over-quarter.
- 30 funds opened new Stitch Fix positions in Q1 2022 and 53 closed out, a net change of -23 holders.
- The largest Stitch Fix buyer in Q1 2022 was D.E. Shaw & Co, an estimated $19M added.
- The largest Stitch Fix seller in Q1 2022 was Jackson Square Partners, an estimated $132M sold.
Based on aggregated 13F filings for Q1 2022.