Stitch Fix
SFIX
197 hedge funds and large institutions have $303M invested in Stitch Fix in 2022 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 60 reducing their positions, and 33 closing their positions.
42% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $8.07M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 60
2.11% less ownership
Funds ownership: 91.83% → 89.73% (-2.1%)
4% less funds holding
Funds holding: 205 → 197 (-8)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
19% less capital invested
Capital invested by funds: $376M → $303M (-$73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$25.5M |
| 2 |
Millennium Management
New York
|
+$10.6M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$7.86M |
| 4 |
Man Group
London,
United Kingdom
|
+$4.71M |
| 5 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
-$17M |
| 2 |
Goldman Sachs
New York
|
-$8.02M |
| 3 |
D.E. Shaw & Co
New York
|
-$6.8M |
| 4 |
Renaissance Technologies
New York
|
-$5.38M |
| 5 |
Two Sigma Investments
New York
|
-$4.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$50K | -10,183 | Closed |
|
|
EVC
202
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$59K | -10,000 | Closed |
|
|
QC
203
Quent Capital
New York
| – | -$38K | -7,670 | Closed |
|
|
SOW
204
State of Wyoming
Cheyenne,
Wyoming
| – | -$17K | -3,356 | Closed |
|
205
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.03K | -182 | -50% |
|
|
MCM
206
Manchester Capital Management
Manchester,
Vermont
| – | -$534 | -94 | -55% |
|
207
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$398 | -70 | -88% |
|
208
Rockefeller Capital Management
New York
| – | -$352 | -62 | -62% |
|
|
TCM
209
TD Capital Management
Memphis,
Tennessee
| – | +$28 | +5 | New |
|
|
CYG
210
Clean Yield Group
Norwich,
Vermont
| – | +$244 | +43 | New |
|
|
BTI
211
Blue Trust Inc
Alpharetta,
Georgia
| – | +$426 | +75 | New |
|
212
Point72 Asset Management
Stamford,
Connecticut
| – | +$568 | +100 | New |
|
SFIX Hedge Fund Activity: Q3 2022 in Review
197 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q3 2022, worth a combined $303M — down 19% from $376M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SFIX and 27 opened new positions — a net loss of 6 holders — while 60 trimmed existing stakes and 59 added.
The largest buyer was Miller Value Partners, opening a new position worth an estimated $25.5M. The largest seller was Slate Path Capital, exiting entirely with an estimated $17M sold.
- 197 institutional investors held Stitch Fix (SFIX) as of Q3 2022, down from 205 in Q2 2022.
- Funds reported $303M of Stitch Fix stock for Q3 2022, down 19% quarter-over-quarter.
- 27 funds opened new Stitch Fix positions in Q3 2022 and 33 closed out, a net change of -6 holders.
- The largest Stitch Fix buyer in Q3 2022 was Miller Value Partners, an estimated $25.5M added.
- The largest Stitch Fix seller in Q3 2022 was Slate Path Capital, an estimated $17M sold.
Based on aggregated 13F filings for Q3 2022.