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 ($15.8m this quarter). Holder counts are more reliable. Shares outstanding: 229.4m as of 2024-01-26, 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 ≈ $36.83. Options: 31 managers hold calls ($192.6m notional), 27 hold puts ($267.9m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 550 |
| Q4 2022 | 577 |
| Q1 2023 | 589 |
| Q2 2023 | 590 |
| Q3 2023 | 574 |
| Q4 2023 | 610 |
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 |
| Q3 2023 | 319 | 287 |
| Q4 2023 | 286 | 292 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $114.7m | $95.9m | 0.84 |
| Q2 2023 | $122.5m | $121.9m | 0.99 |
| Q3 2023 | $119.1m | $120.8m | 1.01 |
| Q4 2023 | $192.6m | $267.9m | 1.39 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.0m |
| CITADEL ADVISORS LLC | Added | +3.9m |
| Balyasny Asset Management L.P. | New | +2.8m |
| MORGAN STANLEY | Added | +2.7m |
| Capital Research Global Investors | Added | +2.5m |
| Fiera Capital Corp | New | +1.4m |
| Invesco Ltd. | Added | +1.3m |
| Pacer Advisors, Inc. | Added | +1.2m |
| AMERIPRISE FINANCIAL INC | Added | +884.4k |
| Interval Partners, LP | New | +838.8k |
Biggest sellers
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -6.4m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -2.4m |
| GMT Capital Corp | Sold out | -2.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.7m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -1.4m |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -1.3m |
| Qube Research & Technologies Ltd | Reduced | -1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.1m |
| TWO SIGMA INVESTMENTS, LP | Sold out | -1.0m |
| GLENMEDE TRUST CO NA | Reduced | -788.8k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $32.2m875.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $20.7m562.6k shares |
| Fund 1 Investments, LLC | New | $20.2m550.0k shares |
| SIMPLEX TRADING, LLC | Added | $18.2m494.1k shares |
| BARCLAYS PLC | New | $14.1m383.0k shares |
| NOMURA HOLDINGS INC | New | $11.8m320.0k shares |
| UBS Group AG | Added | $9.0m243.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $8.9m241.1k shares |
| GROUP ONE TRADING LLC | Added | $6.6m178.9k shares |
| JANE STREET GROUP, LLC | Reduced | $5.9m161.2k shares |
Biggest puts
| BARCLAYS PLC | New | $44.9m1.2m shares |
| Caption Management, LLC | Added | $35.3m957.8k shares |
| SIMPLEX TRADING, LLC | Added | $25.0m680.4k shares |
| CITADEL ADVISORS LLC | Added | $22.7m618.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.0m570.5k shares |
| PEAK6 Investments LLC | Added | $15.9m432.8k shares |
| Walleye Trading LLC | Reduced | $15.7m426.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.7m345.7k shares |
| GROUP ONE TRADING LLC | Added | $10.3m278.9k shares |
| UBS Group AG | Added | $8.5m229.9k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 31.5m $1.2bn | Reduced -59.2k |
| BlackRock Inc. 0.01% of their portfolio | 15.4m $566.3m | Added +361.9k |
| FMR LLC 0.04% of their portfolio | 13.3m $488.5m | Reduced -746.4k |
| STATE STREET CORP 0.02% of their portfolio | 9.7m $356.0m | Added +347.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 9.1m $335.7m | Added +5.0m |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 6.1m $225.8m | Added +884.4k |
| FRANKLIN RESOURCES INC 0.10% of their portfolio | 6.0m $219.2m | Added +54.6k |
| Capital Research Global Investors 0.05% of their portfolio | 5.7m $211.6m | Added +2.5m |
| Invesco Ltd. 0.05% of their portfolio | 5.7m $210.8m | Added +1.3m |
| MORGAN STANLEY 0.01% of their portfolio | 5.7m $210.0m | Added +2.7m |
| Ninety One UK Ltd 0.58% of their portfolio | 5.3m $195.9m | Added +597.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.2m $190.7m | Added +37.7k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 4.7m $172.0m | Added +187.2k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 4.0m $147.2m | Added +3.9m |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 3.6m $133.8m | Added +204.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 3.3m $123.2m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.3m $121.7m | Added +140.3k |
| Pacer Advisors, Inc. 0.32% of their portfolio | 3.1m $114.4m | Added +1.2m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 3.1m $112.8m | Reduced -123.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.9m $105.4m | Added +353.8k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 2.8m $102.8m | Reduced -1.7m |
| Balyasny Asset Management L.P. 0.28% of their portfolio | 2.8m $102.5m | New |
| NORGES BANK 0.01% of their portfolio | 2.2m $79.4m | Reduced -411.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.45% of their portfolio | 2.1m $76.4m | Added +47.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.0m $72.6m | Added +30.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.8m $67.7m | Added +696.5k |
| Erste Asset Management GmbH 0.80% of their portfolio | 1.5m $54.4m | Added +176.4k |
| RWC Asset Management LLP 3.18% of their portfolio | 1.4m $52.6m | Reduced -81.3k |
| Fiera Capital Corp 0.16% of their portfolio | 1.4m $52.1m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $46.9m | Added +371.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.2m $44.9m | Reduced -62.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $44.5m | Added +568.2k |
| ARGA Investment Management, LP 1.32% of their portfolio | 1.0m $38.2m | Reduced -46.2k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 1.0m $37.6m | Added +18.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 946.0k $34.8m | Added +176.8k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 894.0k $33.5m | Added +152.8k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 867.1k $31.9m | Added +427.7k |
| Interval Partners, LP 1.34% of their portfolio | 838.8k $30.9m | New |
| AXA S.A. 0.05% of their portfolio | 782.1k $28.8m | Added +500.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 761.9k $28.0m | Added +342.6k |
| WILSEY ASSET MANAGEMENT INC 5.55% of their portfolio | 739.4k $27.2m | Added +12.9k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 711.2k $26.2m | Reduced -17.3k |
| Schonfeld Strategic Advisors LLC 0.21% of their portfolio | 705.1k $26.0m | Added +519.2k |
| Shellback Capital, LP 2.27% of their portfolio | 704.8k $25.9m | Added +303.9k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.08% of their portfolio | 695.0k $25.6m | New |
| SEI INVESTMENTS CO 0.04% of their portfolio | 676.2k $24.9m | Reduced -12.6k |
| Assenagon Asset Management S.A. 0.07% of their portfolio | 600.4k $22.1m | Added +372.3k |
| BARCLAYS PLC 0.01% of their portfolio | 561.9k $20.7m | Added +73.8k |
| South Dakota Investment Council 0.42% of their portfolio | 538.0k $19.8m | Reduced -7.0k |
| Legal & General Group Plc 0.01% of their portfolio | 521.6k $19.2m | Reduced -42.7k |
| TWINBEECH CAPITAL LP 0.29% of their portfolio | 479.5k $17.6m | Added +172.1k |
| TODD ASSET MANAGEMENT LLC 0.39% of their portfolio | 476.4k $17.5m | Reduced -140.5k |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.34% of their portfolio | 469.1k $17.3m | First filing |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 467.8k $17.2m | Reduced -18.6k |
| Coronation Fund Managers Ltd. 0.48% of their portfolio | 467.3k $17.2m | Reduced -226.9k |
| Swiss National Bank 0.01% of their portfolio | 451.5k $16.6m | Reduced -58.1k |
| STRS OHIO 0.07% of their portfolio | 450.0k $16.6m | Reduced -37.5k |
| VALLEY WEALTH MANAGERS, INC. 1.28% of their portfolio | 446.3k $16.4m | Added +13.4k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 444.5k $16.4m | Added +438.9k |
| Poplar Forest Capital LLC 2.36% of their portfolio | 441.8k $16.3m | Reduced -369.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 428.4k $15.8m | Reduced -30.3k |
| Twin Tree Management, LP 0.28% of their portfolio | 427.0k $15.7m | New |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.46% of their portfolio | 422.6k $15.6m | Added +117 |
| Cinctive Capital Management LP 1.08% of their portfolio | 419.7k $15.4m | Added +105.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 414.3k $15.3m | Added +181.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 407.9k $15.0m | Reduced -39.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 403.1k $14.8m | New |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 402.0k $14.8m | Added +22.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 401.0k $14.8m | Added +54.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 399.4k $14.7m | Added +87.2k |
| Gotham Asset Management, LLC 0.27% of their portfolio | 394.5k $14.5m | Added +114.7k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 393.1k $14.5m | Reduced -99.7k |
| Verition Fund Management LLC 0.14% of their portfolio | 384.6k $14.2m | Added +334.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 379.3k $14.0m | Reduced -6.4m |
| Amundi 0.01% of their portfolio | 375.9k $14.1m | Reduced -482.4k |
| Fund 1 Investments, LLC 2.87% of their portfolio | 359.2k $13.2m | New |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 354.8k $13.1m | Reduced -10.9k |
| Bridgewater Associates, LP 0.07% of their portfolio | 345.6k $12.7m | Reduced -239.8k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 343.8k $12.7m | Added +165.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.12% of their portfolio | 341.3k $12.6m | Reduced -83.2k |
| Empowered Funds, LLC 0.31% of their portfolio | 339.5k $12.5m | Added +295.3k |
| C Partners Holding GmbH 3.47% of their portfolio | 332.7k $12.2m | Reduced -21.3k |
| Brandywine Global Investment Management, LLC 0.10% of their portfolio | 331.4k $12.2m | Added +60.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 318.6k $11.7m | Reduced -7 |
| Hudson Bay Capital Management LP 0.10% of their portfolio | 300.9k $11.1m | New |
| COMERICA BANK 0.05% of their portfolio | 296.4k $10.9m | Added +16.0k |
| Dana Investment Advisors, Inc. 0.53% of their portfolio | 296.3k $10.9m | Reduced -359.3k |
| North Growth Management Ltd. 2.28% of their portfolio | 291.0k $10.7m | Unchanged |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 288.3k $10.6m | Added +178.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 287.4k $10.6m | Reduced -3.0k |
| Crossmark Global Holdings, Inc. 0.22% of their portfolio | 287.2k $10.6m | Added +277.1k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 286.0k $10.5m | Added +23.5k |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 280.8k $10.3m | Added +52.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 280.3k $10.3m | Reduced -8.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 270.8k $10.0m | Reduced -209.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 270.0k $9.9m | Reduced -82.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio | 267.8k $9.9m | Added +217.0k |
| M&G INVESTMENT MANAGEMENT LTD 0.06% of their portfolio | 267.1k $9.9m | Reduced -5.0k |
| UBS Group AG 0.00% of their portfolio | 265.2k $9.8m | Added +12.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 263.9k $9.7m | Added +48 |