Stitch Fix
SFIX
242 hedge funds and large institutions have $1.45B invested in Stitch Fix in 2021 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 105 increasing their positions, 42 reducing their positions, and 61 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 42
38% more call options, than puts
Call options by funds: $69.8M | Put options by funds: $50.4M
1.65% more ownership
Funds ownership: 90.58% → 92.23% (+1.6%)
5% less funds holding
Funds holding: 255 → 242 (-13)
16% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 61
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
49% less capital invested
Capital invested by funds: $2.86B → $1.45B (-$1.41B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
+$57.9M |
| 2 |
Two Sigma Investments
New York
|
+$40.1M |
| 3 |
SPC
Slate Path Capital
New York
|
+$37.2M |
| 4 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$34.2M |
| 5 |
Renaissance Technologies
New York
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Spyglass Capital Management
San Francisco,
California
|
-$163M |
| 2 |
Morgan Stanley
New York
|
-$70.8M |
| 3 |
BAMCO Inc
New York
|
-$59M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$38.6M |
| 5 |
Coatue Management
New York
|
-$35M |
SFIX Hedge Fund Activity: Q4 2021 in Review
242 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q4 2021, worth a combined $1.45B — down 49% from $2.86B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of SFIX and 51 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 105 added.
The largest buyer was Working Capital Advisors (UK), adding an estimated $57.9M. The largest seller was Spyglass Capital Management, exiting entirely with an estimated $163M sold.
- 242 institutional investors held Stitch Fix (SFIX) as of Q4 2021, down from 255 in Q3 2021.
- Funds reported $1.45B of Stitch Fix stock for Q4 2021, down 49% quarter-over-quarter.
- 51 funds opened new Stitch Fix positions in Q4 2021 and 61 closed out, a net change of -10 holders.
- The largest Stitch Fix buyer in Q4 2021 was Working Capital Advisors (UK), an estimated $57.9M added.
- The largest Stitch Fix seller in Q4 2021 was Spyglass Capital Management, an estimated $163M sold.
Based on aggregated 13F filings for Q4 2021.