Stitch Fix
SFIX
117 hedge funds and large institutions have $582M invested in Stitch Fix in 2018 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 7 closing their positions.
786% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 7
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
144% more capital invested
Capital invested by funds: $239M → $582M (+$344M)
86% more funds holding
Funds holding: 63 → 117 (+54)
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
39% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $11.9M
8.33% more ownership
Funds ownership: 68.21% → 76.54% (+8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$24.2M |
| 2 |
HCM
Hitchwood Capital Management
New York
|
+$22.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.6M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.23M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$3.84M |
| 3 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$2.92M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$2.54M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.33M |
SFIX Hedge Fund Activity: Q2 2018 in Review
117 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q2 2018, worth a combined $582M — up 144% from $239M a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SFIX positions and 7 closed out — a net gain of 55 holders — while 30 added to existing stakes and 18 trimmed.
The largest buyer was Steadfast Capital Management, adding an estimated $24.2M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $4.23M.
- 117 institutional investors held Stitch Fix (SFIX) as of Q2 2018, up from 63 in Q1 2018.
- Funds reported $582M of Stitch Fix stock for Q2 2018, up 144% quarter-over-quarter.
- 62 funds opened new Stitch Fix positions in Q2 2018 and 7 closed out, a net change of +55 holders.
- The largest Stitch Fix buyer in Q2 2018 was Steadfast Capital Management, an estimated $24.2M added.
- The largest Stitch Fix seller in Q2 2018 was Gilder Gagnon Howe & Co, an estimated $4.23M sold.
Based on aggregated 13F filings for Q2 2018.