Stitch Fix
SFIX
63 hedge funds and large institutions have $239M invested in Stitch Fix in 2018 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 17 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 9
75% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $6.48M
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
13% more funds holding
Funds holding: 56 → 63 (+7)
5% more capital invested
Capital invested by funds: $228M → $239M (+$11.1M)
27.79% less ownership
Funds ownership: 96% → 68.21% (-28%)
Top Buyers
Top Sellers
| 1 |
HAM
Honeycomb Asset Management
New York
|
-$3.87M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.58M |
| 3 |
Two Sigma Investments
New York
|
-$2.34M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$2.17M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| – | -$139K | -6,436 | Closed |
|
|
FDCDDQ
77
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$38.7K | -1,500 | Closed |
|
|
GRP
78
Global Retirement Partners
San Rafael,
California
| – | -$3K | -100 | Closed |
|
|
SIC
79
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$3K | -100 | Closed |
|
|
DCM
80
Delpha Capital Management
New York
| – | -$1K | -25 | Closed |
|
SFIX Hedge Fund Activity: Q1 2018 in Review
63 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q1 2018, worth a combined $239M — up 4.9% from $228M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SFIX positions and 17 closed out — a net gain of 8 holders — while 21 added to existing stakes and 9 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $14.9M. The largest seller was Honeycomb Asset Management, exiting entirely with an estimated $3.87M sold.
- 63 institutional investors held Stitch Fix (SFIX) as of Q1 2018, up from 56 in Q4 2017.
- Funds reported $239M of Stitch Fix stock for Q1 2018, up 4.9% quarter-over-quarter.
- 25 funds opened new Stitch Fix positions in Q1 2018 and 17 closed out, a net change of +8 holders.
- The largest Stitch Fix buyer in Q1 2018 was Baillie Gifford & Co, an estimated $14.9M added.
- The largest Stitch Fix seller in Q1 2018 was Honeycomb Asset Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q1 2018.