Tapestry
411 hedge funds and large institutions have $3.81B invested in Tapestry in 2020 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 124 increasing their positions, 154 reducing their positions, and 72 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
15% more capital invested
Capital invested by funds: $3.3B → $3.81B (+$508M)
5% less call options, than puts
Call options by funds: $58.5M | Put options by funds: $61.6M
2.22% less ownership
Funds ownership: 90.03% → 87.81% (-2.2%)
4% less funds holding
Funds holding: 428 → 411 (-17)
17% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 72
19% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
+$58.8M |
| 2 |
BlackRock
New York
|
+$54.1M |
| 3 |
Two Sigma Investments
New York
|
+$45.9M |
| 4 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$42.2M |
| 5 |
CPH
C Partners Holding
Zurich,
Switzerland
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$131M |
| 2 |
SC
Samlyn Capital
New York
|
-$68.2M |
| 3 |
TP
Thunderbird Partners
London,
United Kingdom
|
-$50.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$47M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$46.5M |
TPR Hedge Fund Activity: Q3 2020 in Review
411 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q3 2020, worth a combined $3.81B — up 15% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of TPR and 60 opened new positions — a net loss of 12 holders — while 154 trimmed existing stakes and 124 added.
The largest buyer was Suvretta Capital Management, opening a new position worth an estimated $58.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $131M.
- 411 institutional investors held Tapestry (TPR) as of Q3 2020, down from 428 in Q2 2020.
- Funds reported $3.81B of Tapestry stock for Q3 2020, up 15% quarter-over-quarter.
- 60 funds opened new Tapestry positions in Q3 2020 and 72 closed out, a net change of -12 holders.
- The largest Tapestry buyer in Q3 2020 was Suvretta Capital Management, an estimated $58.8M added.
- The largest Tapestry seller in Q3 2020 was T. Rowe Price Associates, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2020.