Stitch Fix
SFIX
159 hedge funds and large institutions have $217M invested in Stitch Fix in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 47 reducing their positions, and 35 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 47
1.93% less ownership
Funds ownership: 88.49% → 86.56% (-1.9%)
8% less funds holding
Funds holding: 172 → 159 (-13)
10% less call options, than puts
Call options by funds: $989K | Put options by funds: $1.1M
26% less capital invested
Capital invested by funds: $294M → $217M (-$77M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$14.3M |
| 2 |
Two Sigma Investments
New York
|
-$3.43M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.64M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.16M |
SFIX Hedge Fund Activity: Q1 2024 in Review
159 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q1 2024, worth a combined $217M — down 26% from $294M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SFIX and 23 opened new positions — a net loss of 12 holders — while 47 trimmed existing stakes and 50 added.
The largest buyer was Maple Rock Capital Partners, opening a new position worth an estimated $10.5M. The largest seller was Morgan Stanley, cutting an estimated $14.3M.
- 159 institutional investors held Stitch Fix (SFIX) as of Q1 2024, down from 172 in Q4 2023.
- Funds reported $217M of Stitch Fix stock for Q1 2024, down 26% quarter-over-quarter.
- 23 funds opened new Stitch Fix positions in Q1 2024 and 35 closed out, a net change of -12 holders.
- The largest Stitch Fix buyer in Q1 2024 was Maple Rock Capital Partners, an estimated $10.5M added.
- The largest Stitch Fix seller in Q1 2024 was Morgan Stanley, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2024.