Stitch Fix
SFIX
211 hedge funds and large institutions have $1.28B invested in Stitch Fix in 2019 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 74 increasing their positions, 37 reducing their positions, and 38 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 37
93% more call options, than puts
Call options by funds: $78.3M | Put options by funds: $40.7M
74% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 38
52% more capital invested
Capital invested by funds: $844M → $1.28B (+$435M)
15% more funds holding
Funds holding: 184 → 211 (+27)
13.19% more ownership
Funds ownership: 66.8% → 79.98% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$59.4M |
| 2 |
CAM
Contour Asset Management
New York
|
+$53.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.5M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$22.8M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
-$14.7M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$11.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$10.5M |
| 4 |
Morgan Stanley
New York
|
-$10.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.99M |
SFIX Hedge Fund Activity: Q2 2019 in Review
211 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q2 2019, worth a combined $1.28B — up 52% from $844M a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new SFIX positions and 38 closed out — a net gain of 28 holders — while 74 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock, adding an estimated $59.4M. The largest seller was Spark Investment Management, cutting an estimated $14.7M.
- 211 institutional investors held Stitch Fix (SFIX) as of Q2 2019, up from 184 in Q1 2019.
- Funds reported $1.28B of Stitch Fix stock for Q2 2019, up 52% quarter-over-quarter.
- 66 funds opened new Stitch Fix positions in Q2 2019 and 38 closed out, a net change of +28 holders.
- The largest Stitch Fix buyer in Q2 2019 was BlackRock, an estimated $59.4M added.
- The largest Stitch Fix seller in Q2 2019 was Spark Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2019.