Stitch Fix
SFIX
208 hedge funds and large institutions have $1.33B invested in Stitch Fix in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 26 closing their positions.
130% more capital invested
Capital invested by funds: $577M → $1.33B (+$752M)
119% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 26
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
18% more funds holding
Funds holding: 177 → 208 (+31)
13.97% more ownership
Funds ownership: 79.02% → 93% (+14%)
6% more call options, than puts
Call options by funds: $98.6M | Put options by funds: $93.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.2M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$25M |
| 3 |
NPCM
North Peak Capital Management
New York
|
+$19.6M |
| 4 |
CAM
Contour Asset Management
New York
|
+$18.1M |
| 5 |
BlackRock
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SCGE Management
Menlo Park,
California
|
-$10.9M |
| 2 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$9.08M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.3M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$7.26M |
SFIX Hedge Fund Activity: Q2 2020 in Review
208 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q2 2020, worth a combined $1.33B — up 130% from $577M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SFIX positions and 26 closed out — a net gain of 31 holders — while 68 added to existing stakes and 51 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.2M. The largest seller was SCGE Management, exiting entirely with an estimated $10.9M sold.
- 208 institutional investors held Stitch Fix (SFIX) as of Q2 2020, up from 177 in Q1 2020.
- Funds reported $1.33B of Stitch Fix stock for Q2 2020, up 130% quarter-over-quarter.
- 57 funds opened new Stitch Fix positions in Q2 2020 and 26 closed out, a net change of +31 holders.
- The largest Stitch Fix buyer in Q2 2020 was Morgan Stanley, an estimated $30.2M added.
- The largest Stitch Fix seller in Q2 2020 was SCGE Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2020.