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SFIX

Stitch Fix

170 hedge funds and large institutions have $294M invested in Stitch Fix in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more call options, than puts

Call options by funds: $4.33M | Put options by funds: $2.46M

49% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 35

5% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 39

2% less funds holding

Funds holding: 173170 (-3)

4.3% less ownership

Funds ownership: 90.67%86.37% (-4.3%)

28% less capital invested

Capital invested by funds: $408M → $294M (-$114M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
170
Holders Change
-3
Holders Change %
-1.73%
% of All Funds
2.67%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
37
Increased
52
Reduced
35
Closed
39
Calls
$4.33M
Puts
$2.46M
Net Calls
+$1.87M
Net Calls Change
-$1.47M
Name Holding Trade Value Shares
Change
Change in
Stake
GRP
151
Global Retirement Partners
California
$385
WBC
152
West Branch Capital
Massachusetts
$385
HNB
153
Huntington National Bank
Ohio
$323 +$318 +84 New
NA
154
NewEdge Advisors
Louisiana
$228
Fifth Third Bancorp
155
Fifth Third Bancorp
Ohio
$200 +$197 +52 New
BWA
156
BDO Wealth Advisors
Florida
$193
LFG
157
Larson Financial Group
Missouri
$193 +$189 +50 New
CYG
158
Clean Yield Group
Vermont
$166
AWM
159
Abound Wealth Management
Tennessee
$85
WP
160
WealthPLAN Partners
Nebraska
$77 -$22.6K -5,980 -100%
RA
161
Rise Advisors
New York
$39
SSB
162
Sandy Spring Bank
Maryland
$20
TCM
163
TD Capital Management
Tennessee
$19
DSC
164
Duncker Streett & Co
Missouri
$15
TAM
165
Tucker Asset Management
Colorado
$12
FGAM
166
Financial Gravity Asset Management
Texas
$7 -$8.01K -2,114 -53%
MVP
167
Miller Value Partners
Florida
-$16.5M -3,227,325 Closed
Balyasny Asset Management
168
Balyasny Asset Management
Illinois
-$7.56M -1,478,905 Closed
NM
169
Newtyn Management
New York
-$4.91M -960,000 Closed
PCM
170
Prentice Capital Management
Connecticut
-$2.8M -548,665 Closed
Chevy Chase Trust
171
Chevy Chase Trust
Maryland
-$1.57M -306,469 Closed
NP
172
NorthRock Partners
Minnesota
-$1.32M -257,379 Closed
AG
173
Algert Global
California
-$1.25M -245,658 Closed
TC
174
TwinBeech Capital
New York
-$1.11M -216,948 Closed
BFM
175
Boothbay Fund Management
New York
-$798K -156,262 Closed

SFIX Hedge Fund Activity: Q2 2023 in Review

170 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q2 2023, worth a combined $294M — down 28% from $408M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of SFIX and 37 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 52 added.

The largest buyer was Divisar Capital Management, adding an estimated $9.66M. The largest seller was Miller Value Partners, exiting entirely with an estimated $16.5M sold.

  • 170 institutional investors held Stitch Fix (SFIX) as of Q2 2023, down from 173 in Q1 2023.
  • Funds reported $294M of Stitch Fix stock for Q2 2023, down 28% quarter-over-quarter.
  • 37 funds opened new Stitch Fix positions in Q2 2023 and 39 closed out, a net change of -2 holders.
  • The largest Stitch Fix buyer in Q2 2023 was Divisar Capital Management, an estimated $9.66M added.
  • The largest Stitch Fix seller in Q2 2023 was Miller Value Partners, an estimated $16.5M sold.

Based on aggregated 13F filings for Q2 2023.