Tapestry
586 hedge funds and large institutions have $9.38B invested in Tapestry in 2023 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 168 increasing their positions, 239 reducing their positions, and 67 closing their positions.
31% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 67
20% more call options, than puts
Call options by funds: $115M | Put options by funds: $95.9M
14% more capital invested
Capital invested by funds: $8.22B → $9.38B (+$1.16B)
2.91% more ownership
Funds ownership: 89.49% → 92.4% (+2.9%)
2% more funds holding
Funds holding: 576 → 586 (+10)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
30% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 239
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$238M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$218M |
| 3 |
JP Morgan Chase
New York
|
+$66.6M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$43.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$117M |
| 2 |
SCM
Suvretta Capital Management
New York
|
-$83M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$72.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$62.1M |
| 5 |
Lazard Asset Management
New York
|
-$55.3M |
TPR Hedge Fund Activity: Q1 2023 in Review
586 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q1 2023, worth a combined $9.38B — up 14% from $8.22B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new TPR positions and 67 closed out — a net gain of 21 holders — while 168 added to existing stakes and 239 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $238M. The largest seller was Franklin Resources, cutting an estimated $117M.
- 586 institutional investors held Tapestry (TPR) as of Q1 2023, up from 576 in Q4 2022.
- Funds reported $9.38B of Tapestry stock for Q1 2023, up 14% quarter-over-quarter.
- 88 funds opened new Tapestry positions in Q1 2023 and 67 closed out, a net change of +21 holders.
- The largest Tapestry buyer in Q1 2023 was Capital Research Global Investors, an estimated $238M added.
- The largest Tapestry seller in Q1 2023 was Franklin Resources, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2023.