Stitch Fix
SFIX
172 hedge funds and large institutions have $294M invested in Stitch Fix in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 20 closing their positions.
153% more call options, than puts
Call options by funds: $4.83M | Put options by funds: $1.91M
110% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 20
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
13% more funds holding
Funds holding: 152 → 172 (+20)
13% more capital invested
Capital invested by funds: $260M → $294M (+$33.4M)
7.59% more ownership
Funds ownership: 80.9% → 88.49% (+7.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.91M |
| 3 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$4.82M |
| 4 |
Renaissance Technologies
New York
|
+$3.24M |
| 5 |
BlackRock
New York
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.25M |
| 2 |
Coatue Management
New York
|
-$4.27M |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.93M |
| 4 |
Jane Street
New York
|
-$2.29M |
| 5 |
CC
Clearline Capital
New York
|
-$1.82M |
SFIX Hedge Fund Activity: Q4 2023 in Review
172 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stitch Fix (SFIX) for Q4 2023, worth a combined $294M — up 13% from $260M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SFIX positions and 20 closed out — a net gain of 22 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $16.4M. The largest seller was Millennium Management, cutting an estimated $6.25M.
- 172 institutional investors held Stitch Fix (SFIX) as of Q4 2023, up from 152 in Q3 2023.
- Funds reported $294M of Stitch Fix stock for Q4 2023, up 13% quarter-over-quarter.
- 42 funds opened new Stitch Fix positions in Q4 2023 and 20 closed out, a net change of +22 holders.
- The largest Stitch Fix buyer in Q4 2023 was Morgan Stanley, an estimated $16.4M added.
- The largest Stitch Fix seller in Q4 2023 was Millennium Management, an estimated $6.25M sold.
Based on aggregated 13F filings for Q4 2023.