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 ($22.2m this quarter). Holder counts are more reliable. Shares outstanding: 227.4m as of 2023-08-04, 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 ≈ $42.81. Options: 17 managers hold calls ($122.5m notional), 19 hold puts ($121.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 550 |
| Q4 2022 | 577 |
| Q1 2023 | 589 |
| Q2 2023 | 590 |
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 |
| Q2 2023 | 250 | 313 |
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 |
| Q2 2023 | $122.5m | $121.9m | 0.99 |
Biggest buyers
| SAMLYN CAPITAL, LLC | New | +2.4m |
| CITADEL ADVISORS LLC | Added | +924.2k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +890.2k |
| TWINBEECH CAPITAL LP | New | +459.2k |
| Allianz Asset Management GmbH | Added | +412.9k |
| NORGES BANK | Added | +344.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +317.6k |
| UBS Group AG | Added | +289.0k |
| GMT Capital Corp | Added | +288.2k |
| Twin Tree Management, LP | New | +258.1k |
Biggest sellers
| FMR LLC | Reduced | -10.2m |
| Capital Research Global Investors | Reduced | -2.9m |
| JPMORGAN CHASE & CO | Reduced | -2.5m |
| AGF MANAGEMENT LTD | Sold out | -1.6m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.1m |
| STRS OHIO | Reduced | -972.8k |
| Junto Capital Management LP | Sold out | -930.3k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -869.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -804.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -699.7k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $32.9m768.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $28.0m655.0k shares |
| CITADEL ADVISORS LLC | Added | $19.1m446.1k shares |
| SIMPLEX TRADING, LLC | Added | $8.4m197.1k shares |
| JANE STREET GROUP, LLC | Reduced | $7.6m176.8k shares |
| UBS Group AG | Unchanged | $6.7m156.4k shares |
| Walleye Trading LLC | Reduced | $5.8m135.3k shares |
| GROUP ONE TRADING LLC | Added | $4.2m98.7k shares |
| PEAK6 Investments LLC | Added | $4.0m92.4k shares |
| WOLVERINE TRADING, LLC | New | $2.2m51.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $26.7m623.1k shares |
| CITADEL ADVISORS LLC | Added | $22.5m524.6k shares |
| Walleye Trading LLC | Reduced | $13.9m325.1k shares |
| PEAK6 Investments LLC | Added | $13.2m308.8k shares |
| UBS Group AG | Unchanged | $8.8m206.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.8m182.1k shares |
| SIMPLEX TRADING, LLC | Added | $7.4m172.7k shares |
| Caption Management, LLC | New | $5.3m125.0k shares |
| GROUP ONE TRADING LLC | Added | $4.3m99.6k shares |
| Walleye Capital LLC | Added | $3.7m86.2k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 31.4m $1.3bn | Added +37.7k |
| BlackRock Inc. 0.02% of their portfolio | 16.4m $700.4m | Added +210.3k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 14.1m $602.4m | Reduced -2.5m |
| FMR LLC 0.05% of their portfolio | 13.7m $588.0m | Reduced -10.2m |
| STATE STREET CORP 0.02% of their portfolio | 9.6m $410.4m | Added +160.0k |
| FRANKLIN RESOURCES INC 0.17% of their portfolio | 8.5m $362.1m | Added +136.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.31% of their portfolio | 6.5m $279.0m | Added +890.2k |
| Ninety One UK Ltd 0.72% of their portfolio | 5.8m $246.3m | Added +100.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 5.0m $215.0m | Added +46.4k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 4.5m $191.0m | Reduced -869.6k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 4.1m $175.2m | Reduced -1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.20% of their portfolio | 3.9m $167.5m | Reduced -699.7k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.5m $151.6m | Reduced -166.7k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 3.5m $150.8m | Added +203.7k |
| LAZARD ASSET MANAGEMENT LLC 0.18% of their portfolio | 3.4m $143.7m | Reduced -92.3k |
| Invesco Ltd. 0.04% of their portfolio | 3.2m $136.5m | Added +886 |
| NORTHERN TRUST CORP 0.02% of their portfolio | 3.0m $129.9m | Reduced -134.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.81% of their portfolio | 3.0m $128.1m | Added +112.0k |
| Capital Research Global Investors 0.03% of their portfolio | 2.6m $112.7m | Reduced -2.9m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.4m $102.2m | Reduced -7.7k |
| SAMLYN CAPITAL, LLC 1.76% of their portfolio | 2.4m $101.2m | New |
| GMT Capital Corp 3.37% of their portfolio | 2.1m $89.0m | Added +288.2k |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $83.7m | Reduced -99.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.9m $82.1m | Reduced -55.1k |
| NORGES BANK 0.02% of their portfolio | 1.8m $77.3m | Added +344.3k |
| Amundi 0.04% of their portfolio | 1.7m $76.0m | Reduced -368.2k |
| RWC Asset Management LLP 3.02% of their portfolio | 1.5m $62.8m | Added +174.8k |
| TODD ASSET MANAGEMENT LLC 1.36% of their portfolio | 1.4m $58.4m | Reduced -26.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $53.9m | Reduced -804.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 1.2m $51.0m | Reduced -9.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.2m $50.1m | Reduced -430.6k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.1m $48.0m | Added +924.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.45% of their portfolio | 1.1m $46.6m | Reduced -23.3k |
| Erste Asset Management GmbH 0.80% of their portfolio | 1.1m $45.3m | Added +52.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.1m $45.5m | Unchanged |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 958.6k $41.0m | Added +46.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 955.4k $41.8m | Added +17.4k |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 918.7k $39.3m | Added +32.0k |
| JUPITER ASSET MANAGEMENT LTD 0.41% of their portfolio | 881.1k $37.7m | Added +95.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 855.2k $36.6m | Reduced -28.0k |
| GLENMEDE TRUST CO NA 0.19% of their portfolio | 761.5k $32.8m | Reduced -622 |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 690.1k $29.5m | Added +8.8k |
| WILSEY ASSET MANAGEMENT INC 6.51% of their portfolio | 687.3k $29.4m | Reduced -5.1k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.69% of their portfolio | 681.7k $29.2m | Added +29.9k |
| Shellback Capital, LP 2.37% of their portfolio | 627.5k $26.9m | Added +65.0k |
| Legal & General Group Plc 0.01% of their portfolio | 607.5k $26.0m | Added +52.6k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 599.0k $25.6m | Added +412.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.12% of their portfolio | 581.6k $24.9m | Added +8.1k |
| Dana Investment Advisors, Inc. 1.19% of their portfolio | 564.5k $24.2m | Reduced -5.1k |
| STRS OHIO 0.10% of their portfolio | 560.7k $24.0m | Reduced -972.8k |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 540.9k $23.1m | Added +179.4k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 531.5k $22.7m | Reduced -47.5k |
| CANTOR FITZGERALD, L. P. 0.52% of their portfolio | 526.0k $22.5m | Reduced -7.4k |
| Swiss National Bank 0.01% of their portfolio | 514.0k $22.0m | Reduced -6.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 506.7k $21.7m | Reduced -9.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 485.1k $20.8m | Reduced -34.2k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 476.4k $20.4m | Added +62.6k |
| PANAGORA ASSET MANAGEMENT INC 0.12% of their portfolio | 466.8k $20.0m | Reduced -607.9k |
| TWINBEECH CAPITAL LP 0.39% of their portfolio | 459.2k $19.7m | New |
| C Partners Holding GmbH 3.72% of their portfolio | 458.4k $19.6m | Reduced -179.6k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 448.2k $19.2m | Reduced -35.0k |
| California Public Employees Retirement System 0.02% of their portfolio | 445.7k $19.1m | Reduced -26.8k |
| UBS Group AG 0.01% of their portfolio | 443.6k $19.0m | Added +289.0k |
| VALLEY WEALTH MANAGERS, INC. 1.68% of their portfolio | 435.8k $18.7m | Reduced -11.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 430.9k $18.4m | Added +94.5k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.58% of their portfolio | 429.7k $18.4m | Reduced -16.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 416.1k $17.8m | Added +317.6k |
| BARCLAYS PLC 0.01% of their portfolio | 410.7k $17.6m | Added +138.5k |
| Brandywine Global Investment Management, LLC 0.14% of their portfolio | 401.5k $17.2m | Reduced -203.9k |
| Poplar Forest Capital LLC 2.17% of their portfolio | 387.6k $16.6m | Reduced -24.5k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 378.0k $16.2m | Reduced -3.6k |
| South Dakota Investment Council 0.33% of their portfolio | 372.9k $16.0m | Reduced -24.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 372.4k $15.9m | Reduced -25.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 356.7k $15.3m | Added +53.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.55% of their portfolio | 351.5k $15.0m | Reduced -41.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 339.9k $14.5m | Reduced -31.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 317.7k $13.6m | Reduced -4.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 299.7k $12.8m | Reduced -80.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.20% of their portfolio | 299.3k $12.8m | Added +36.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 289.3k $12.4m | Reduced -12.5k |
| Bridgewater Associates, LP 0.08% of their portfolio | 288.4k $12.3m | Added +217.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 282.9k $12.1m | Reduced -11.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 281.0k $12.0m | Reduced -8.8k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 280.5k $12.0m | Reduced -1.6k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 277.6k $11.9m | Reduced -12.2k |
| M&G INVESTMENT MANAGEMENT LTD 0.07% of their portfolio | 272.5k $11.7m | Reduced -14.3k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 268.3k $11.5m | Added +5.6k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 268.1k $11.5m | Reduced -8.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.17% of their portfolio | 267.9k $11.5m | Reduced -9.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 263.5k $11.3m | Reduced -16.2k |
| Twin Tree Management, LP 0.23% of their portfolio | 258.1k $11.0m | New |
| Cubist Systematic Strategies, LLC 0.12% of their portfolio | 252.5k $10.8m | Added +246.1k |
| North Growth Management Ltd. 2.10% of their portfolio | 238.0k $10.2m | Reduced -57.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 236.2k $10.1m | Reduced -19.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 228.6k $9.8m | Added +40.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 223.3k $9.6m | Reduced -24.8k |
| Zweig-DiMenna Associates LLC 1.26% of their portfolio | 219.3k $9.4m | Unchanged |
| Gotham Asset Management, LLC 0.20% of their portfolio | 219.2k $9.4m | Reduced -20.9k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 206.6k $8.8m | Reduced -47.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 206.3k $8.8m | Reduced -457.6k |