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SFIX

Stitch Fix

176 hedge funds and large institutions have $237M invested in Stitch Fix in 2022 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 54 increasing their positions, 45 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

189% more call options, than puts

Call options by funds: $8.61M | Put options by funds: $2.98M

20% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 45

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.43% less ownership

Funds ownership: 89.73%89.3% (-0.43%)

11% less funds holding

Funds holding: 197176 (-21)

22% less capital invested

Capital invested by funds: $303M → $237M (-$66.1M)

33% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 51

Holders
176
Holders Change
-21
Holders Change %
-10.66%
% of All Funds
2.83%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
54
Reduced
45
Closed
51
Calls
$8.61M
Puts
$2.98M
Net Calls
+$5.63M
Net Calls Change
+$2.28M
Name Holding Trade Value Shares
Change
Change in
Stake
WCAU
1
Working Capital Advisors (UK)
United Kingdom
$37.3M
BlackRock
2
BlackRock
New York
$25.4M +$3.58M +955,903 +13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$19.6M -$4.29M -1,146,819 -15%
DGI
4
Disciplined Growth Investors
Minnesota
$14.4M +$5.06M +1,354,020 +41%
MVP
5
Miller Value Partners
Florida
$13.2M -$933K -249,449 -6%
Millennium Management
6
Millennium Management
New York
$9.61M +$3.87M +1,033,703 +50%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$8.82M +$570K +152,524 +6%
State Street
8
State Street
Massachusetts
$8.25M +$1.41M +377,887 +17%
Renaissance Technologies
9
Renaissance Technologies
New York
$7.85M +$2.9M +775,300 +44%
Morgan Stanley
10
Morgan Stanley
New York
$6.57M +$148K +39,470 +2%
Federated Hermes
11
Federated Hermes
Pennsylvania
$6.56M -$1.22M -324,993 -13%
BCM
12
Bridgeway Capital Management
Texas
$5.61M +$1.56M +417,800 +30%
Goldman Sachs
13
Goldman Sachs
New York
$5.4M +$5.19M +1,388,084 +398%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$5.08M +$945K +252,784 +18%
PCR
15
Potrero Capital Research
California
$4.12M +$4.95M +1,323,731 New
Charles Schwab
16
Charles Schwab
California
$4.03M +$1.1M +294,070 +29%
NM
17
Newtyn Management
New York
$4.03M +$1.37M +365,800 +39%
Two Sigma Advisers
18
Two Sigma Advisers
New York
$3.73M -$569K -152,000 -11%
CCPM
19
Cooper Creek Partners Management
New York
$3.55M
Man Group
20
Man Group
United Kingdom
$3.11M +$640K +171,007 +21%
Citadel Advisors
21
Citadel Advisors
Florida
$3.11M -$297K -79,487 -7%
SOMRS
22
State of Michigan Retirement System
Michigan
$3.04M
Northern Trust
23
Northern Trust
Illinois
$2.31M -$66.7K -17,836 -2%
PCM
24
Patient Capital Management
Maryland
$2.06M
CCM
25
Chimera Capital Management
New York
$1.89M +$2.27M +607,148 New

SFIX Hedge Fund Activity: Q4 2022 in Review

176 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q4 2022, worth a combined $237M — down 22% from $303M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of SFIX and 34 opened new positions — a net loss of 17 holders — while 45 trimmed existing stakes and 54 added.

The largest buyer was Goldman Sachs, adding an estimated $5.19M. The largest seller was Coatue Management, exiting entirely with an estimated $5.3M sold.

  • 176 institutional investors held Stitch Fix (SFIX) as of Q4 2022, down from 197 in Q3 2022.
  • Funds reported $237M of Stitch Fix stock for Q4 2022, down 22% quarter-over-quarter.
  • 34 funds opened new Stitch Fix positions in Q4 2022 and 51 closed out, a net change of -17 holders.
  • The largest Stitch Fix buyer in Q4 2022 was Goldman Sachs, an estimated $5.19M added.
  • The largest Stitch Fix seller in Q4 2022 was Coatue Management, an estimated $5.3M sold.

Based on aggregated 13F filings for Q4 2022.