TAPESTRY INC TPR
COM · Common Stock · CUSIP 876030107 · ISIN US8760301072
American multinational luxury fashion holding company
- IndustryLeather & Leather Products
- HeadquartersNew York, NY
- Founded2017
- Websitetapestry.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.5m this quarter). Holder counts are more reliable. Shares outstanding: 231.8m as of 2023-04-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $42.97. Options: 19 managers hold calls ($114.7m notional), 21 hold puts ($95.9m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 550 |
| Q4 2022 | 577 |
| Q1 2023 | 589 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 257 | 266 |
| Q1 2023 | 256 | 300 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $82.7m | $54.4m | 0.66 |
| Q4 2022 | $135.3m | $98.3m | 0.73 |
| Q1 2023 | $114.7m | $95.9m | 0.84 |
Biggest buyers
| FMR LLC | Added | +11.0m |
| Capital Research Global Investors | New | +5.6m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +5.1m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| STRS OHIO | Added | +1.0m |
| GMT Capital Corp | Added | +1.0m |
| VANGUARD GROUP INC | Added | +865.5k |
| BANK OF AMERICA CORP /DE/ | Added | +718.1k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC | New | +651.8k |
| BlackRock Inc. | Added | +505.2k |
Biggest sellers
| FRANKLIN RESOURCES INC | Reduced | -2.7m |
| MONTANOVA CAPITAL, LLC | Sold out | -2.2m |
| CITADEL ADVISORS LLC | Reduced | -1.7m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.4m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -1.3m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.0m |
| Ninety One UK Ltd | Reduced | -503.2k |
| ROYAL BANK OF CANADA | Reduced | -499.6k |
| C Partners Holding GmbH | Reduced | -464.7k |
| Bank of New York Mellon Corp | Reduced | -455.2k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Reduced | $33.1m768.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.0m417.1k shares |
| CITADEL ADVISORS LLC | Added | $15.2m352.0k shares |
| Walleye Trading LLC | Added | $14.7m341.2k shares |
| JANE STREET GROUP, LLC | Added | $11.1m257.3k shares |
| UBS Group AG | Added | $6.7m156.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.5m105.2k shares |
| Balyasny Asset Management L.P. | Added | $4.3m100.0k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $2.8m64.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m35.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.3m563.3k shares |
| Walleye Trading LLC | Reduced | $14.2m328.5k shares |
| PEAK6 Investments LLC | Added | $12.2m282.2k shares |
| CITADEL ADVISORS LLC | Added | $10.0m231.5k shares |
| UBS Group AG | Added | $8.9m206.4k shares |
| SIMPLEX TRADING, LLC | Added | $5.8m133.4k shares |
| Quarry LP | New | $5.7m132.0k shares |
| Balyasny Asset Management L.P. | Added | $4.3m100.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $2.5m58.1k shares |
| Walleye Capital LLC | Reduced | $2.1m49.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-01-21 | 8.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (4.9%, 2026-07-31; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $1.5m | — |
| Q1 2022 | 1 | $197.2k | 1 | $1.9m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 2 | $1.7m | — |
| Q4 2022 | 0 | — | 1 | $61.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 31.3m $1.4bn | Added +865.5k |
| FMR LLC 0.05% of their portfolio | 24.0m $1.0bn | Added +11.0m |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 16.6m $714.3m | Added +1.6m |
| BlackRock Inc. 0.02% of their portfolio | 16.2m $696.5m | Added +505.2k |
| STATE STREET CORP 0.02% of their portfolio | 9.4m $406.5m | Reduced -413.1k |
| FRANKLIN RESOURCES INC 0.18% of their portfolio | 8.3m $358.9m | Reduced -2.7m |
| Ninety One UK Ltd 0.76% of their portfolio | 5.7m $243.7m | Reduced -503.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.27% of their portfolio | 5.6m $242.6m | Added +5.1m |
| Capital Research Global Investors 0.07% of their portfolio | 5.6m $239.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 5.3m $229.9m | Reduced -1.0m |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 5.1m $221.9m | Reduced -323.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 5.0m $214.6m | Reduced -43.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.26% of their portfolio | 4.6m $198.9m | Added +398.3k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.7m $159.9m | Added +95.4k |
| LAZARD ASSET MANAGEMENT LLC 0.19% of their portfolio | 3.5m $148.7m | Reduced -1.3m |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 3.3m $143.1m | Reduced -1.4m |
| Invesco Ltd. 0.04% of their portfolio | 3.2m $137.5m | Reduced -448.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.2m $136.7m | Reduced -123.8k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.88% of their portfolio | 2.9m $124.2m | Reduced -440.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.4m $103.2m | Reduced -455.2k |
| Amundi 0.05% of their portfolio | 2.1m $85.6m | Added +140.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.1m $88.9m | Added +718.1k |
| MORGAN STANLEY 0.01% of their portfolio | 2.1m $88.6m | Reduced -36.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.0m $85.1m | Reduced -37.2k |
| GMT Capital Corp 3.03% of their portfolio | 1.8m $77.3m | Added +1.0m |
| AGF MANAGEMENT LTD 0.47% of their portfolio | 1.6m $69.1m | Added +39.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.6m $69.0m | Added +358.0k |
| STRS OHIO 0.10% of their portfolio | 1.5m $66.1m | Added +1.0m |
| NORGES BANK 0.01% of their portfolio | 1.5m $63.0m | Reduced -429.1k |
| TODD ASSET MANAGEMENT LLC 1.45% of their portfolio | 1.4m $59.9m | Reduced -129.9k |
| RWC Asset Management LLP 1.72% of their portfolio | 1.3m $55.8m | Added +107.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 1.2m $51.8m | Reduced -95.9k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.48% of their portfolio | 1.1m $47.9m | Reduced -130.1k |
| PANAGORA ASSET MANAGEMENT INC 0.29% of their portfolio | 1.1m $46.3m | Added +68.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.1m $45.5m | Added +117.5k |
| Erste Asset Management GmbH 0.83% of their portfolio | 1.0m $43.4m | Reduced -110 |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 938.0k $40.5m | Reduced -30.8k |
| Junto Capital Management LP 1.12% of their portfolio | 930.3k $40.1m | Added +72.4k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 912.3k $39.3m | Added +268.2k |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 886.7k $38.2m | Added +16.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 883.2k $38.1m | Added +147.0k |
| JUPITER ASSET MANAGEMENT LTD 0.47% of their portfolio | 785.2k $33.8m | Added +271.8k |
| GLENMEDE TRUST CO NA 0.19% of their portfolio | 762.1k $32.9m | Added +18.9k |
| WILSEY ASSET MANAGEMENT INC 6.75% of their portfolio | 692.5k $29.9m | Reduced -199.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 681.3k $29.4m | Reduced -191.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 663.9k $8.5m | Added +424.4k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.71% of their portfolio | 651.8k $28.1m | New |
| C Partners Holding GmbH 5.35% of their portfolio | 638.1k $27.5m | Reduced -464.7k |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 605.5k $26.1m | Added +332.8k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 579.1k $25.0m | Reduced -56.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.13% of their portfolio | 573.5k $24.7m | Added +52.2k |
| Dana Investment Advisors, Inc. 1.25% of their portfolio | 569.6k $24.6m | Reduced -50.9k |
| Shellback Capital, LP 2.74% of their portfolio | 562.5k $24.2m | Added +492.5k |
| Legal & General Group Plc 0.01% of their portfolio | 554.9k $23.9m | Added +11.6k |
| CANTOR FITZGERALD, L. P. 0.49% of their portfolio | 533.4k $23.0m | Added +5.6k |
| Swiss National Bank 0.02% of their portfolio | 520.1k $22.4m | Reduced -62.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 519.3k $22.4m | Added +3.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 516.1k $22.3m | Added +72.2k |
| PINEBRIDGE INVESTMENTS, L.P. 0.24% of their portfolio | 493.4k $21.3m | Reduced -50.5k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 483.2k $20.6m | Reduced -112.0k |
| California Public Employees Retirement System 0.02% of their portfolio | 472.5k $20.4m | Reduced -66.4k |
| VALLEY WEALTH MANAGERS, INC. 1.75% of their portfolio | 447.6k $19.3m | Reduced -28.2k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.63% of their portfolio | 446.4k $19.2m | Reduced -23.0k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 413.8k $17.8m | Added +4.5k |
| Poplar Forest Capital LLC 2.12% of their portfolio | 412.0k $17.8m | Reduced -180.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 404.6k $17.4m | Reduced -33.3k |
| Hudson Bay Capital Management LP 0.10% of their portfolio | 402.9k $17.4m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 398.3k $17.2m | Added +3.9k |
| South Dakota Investment Council 0.37% of their portfolio | 397.8k $17.1m | Reduced -63.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.39% of their portfolio | 392.9k $16.9m | Unchanged |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 381.6k $16.5m | Reduced -6.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 380.0k $16.4m | Reduced -499.6k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 371.4k $16.0m | Added +63.8k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 361.5k $15.6m | Added +71.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 348.2k $15.0m | Added +215.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 336.4k $14.5m | Added +91.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 325.6k $14.0m | Reduced -141.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 322.2k $13.9m | Reduced -10.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 303.2k $13.1m | Reduced -32.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 301.9k $13.0m | Reduced -7.2k |
| North Growth Management Ltd. 2.71% of their portfolio | 295.0k $12.7m | Reduced -5.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 294.1k $12.7m | Reduced -30.7k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 289.8k $12.5m | Added +25.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 289.7k $12.5m | Reduced -10.6k |
| M&G INVESTMENT MANAGEMENT LTD 0.09% of their portfolio | 286.8k $12.3m | Reduced -46.8k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 282.1k $12.2m | Reduced -1.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 279.8k $12.1m | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.19% of their portfolio | 277.1k $11.9m | Added +190.1k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 276.4k $11.9m | Reduced -32.5k |
| BARCLAYS PLC 0.01% of their portfolio | 272.3k $11.7m | Reduced -166.1k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 262.7k $11.3m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.22% of their portfolio | 262.6k $11.3m | Reduced -227.8k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 255.7k $8.8m | Added +1.3k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 253.9k $10.9m | Reduced -295.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 248.1k $10.7m | Reduced -22.0k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.13% of their portfolio | 243.0k $10.5m | New |
| Gotham Asset Management, LLC 0.25% of their portfolio | 240.1k $10.4m | Added +54.5k |
| Rivermont Capital Management LP 5.48% of their portfolio | 231.1k $10.0m | Reduced -46.4k |
| Pacer Advisors, Inc. 0.04% of their portfolio | 226.0k $9.7m | Added +217.5k |
| Zweig-DiMenna Associates LLC 1.28% of their portfolio | 219.3k $9.5m | Added +154.6k |