TILLYS INC TLYS
CL A · Common Stock · CUSIP 886885102
American retail clothing company
- SectorConsumer discretionary
- IndustryRetail-Apparel & Accessory Stores
- HeadquartersIrvine, CA
- Founded1982
- Websitetillys.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 ($971.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.12. Options: 6 managers hold calls ($2.0m notional), 3 hold puts ($36.0k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 94 |
| Q4 2022 | 81 |
| Q1 2023 | 79 |
| Q2 2023 | 83 |
| Q3 2023 | 76 |
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 | 33 | 55 |
| Q1 2023 | 36 | 40 |
| Q2 2023 | 35 | 42 |
| Q3 2023 | 26 | 45 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $3.4m | $527.1k | 0.15 |
| Q1 2023 | $1.2m | $132.6k | 0.11 |
| Q2 2023 | $3.2m | $67.3k | 0.02 |
| Q3 2023 | $2.0m | $36.0k | 0.02 |
Biggest buyers
| J. Goldman & Co LP | New | +367.6k |
| Western Standard LLC | Added | +178.6k |
| CITADEL ADVISORS LLC | New | +66.1k |
| Cerity Partners LLC | New | +44.8k |
| Pacific Ridge Capital Partners, LLC | Added | +32.4k |
| Fund 1 Investments, LLC | Added | +28.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +23.7k |
| Invesco Ltd. | Added | +14.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP | New | +14.7k |
| Verition Fund Management LLC | New | +13.9k |
Biggest sellers
| Divisar Capital Management LLC | Reduced | -196.2k |
| BML Capital Management, LLC | Sold out | -190.5k |
| Nokomis Capital, L.L.C. | Sold out | -167.9k |
| PARADIGM CAPITAL MANAGEMENT INC/NY | Reduced | -159.0k |
| Balyasny Asset Management L.P. | Sold out | -154.4k |
| Newtyn Management, LLC | Reduced | -137.8k |
| GSA CAPITAL PARTNERS LLP | Reduced | -104.7k |
| Nuveen Asset Management, LLC | Reduced | -50.0k |
| INNOVIS ASSET MANAGEMENT LLC | Reduced | -45.7k |
| CITIGROUP INC | Reduced | -40.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m154.4k shares |
| CITADEL ADVISORS LLC | Reduced | $431.2k53.1k shares |
| GROUP ONE TRADING LLC | Reduced | $301.3k37.1k shares |
| Shay Capital LLC | New | $34.1k4.2k shares |
| SIMPLEX TRADING, LLC | New | $4.0k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $30.0k3.7k shares |
| SIMPLEX TRADING, LLC | New | $6.0k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| Fund 1 Investments, LLC 13D · may seek influence -9.9 pts · filed 2026-09-08 | 24.9% |
| Shay Capital LLC 13G · passive investor +2.9 pts · filed 2025-08-14 | 14.8% |
| BML Investment Partners, L.P. 13G · passive investor new · filed 2026-03-19 | 9.4% |
| RENAISSANCE TECHNOLOGIES LLC 13G · institution new · filed 2026-08-13 | 5.7% |
Fell to 5% or below in the last year: Long Focus Capital Management, LLC (0.0%, 2026-05-15)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 3 | $1.3m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $88.0k | 0 | — | — |
| Q3 2022 | 2 | $337.8k | 1 | $101.5k | — |
| Q4 2022 | 0 | — | 3 | $197.2k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $21.3k | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $135.0k | $135.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-29 | KERR JANET Director | Sold plan | $62.9k7.8k shares |
| 2023-09-26 | Pleasant Lake Onshore Feeder Fund LP +2 10% owner · See Footnotes | Bought | $90.0k11.5k shares |
| 2023-09-22 | Pleasant Lake Onshore Feeder Fund LP +2 10% owner · See Footnotes | Bought | $77.6k10.0k shares |
| 2023-07-06 | Pleasant Lake Onshore Feeder Fund LP +2 10% owner · See Footnotes | Bought | $47.5k6.8k shares |
| 2023-07-05 | KERR JANET Director · By Trust | Sold plan | $72.1k10.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Fund 1 Investments, LLC 19.87% of their portfolio | 6.4m $51.9m | Added +28.3k |
| Shay Capital LLC 4.63% of their portfolio | 1.9m $15.6m | Reduced -6.4k |
| Long Focus Capital Management, LLC 2.13% of their portfolio | 1.8m $14.9m | Unchanged |
| Divisar Capital Management LLC 2.86% of their portfolio | 1.6m $13.1m | Reduced -196.2k |
| BlackRock Inc. 0.00% of their portfolio | 1.5m $11.8m | Reduced -4.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.4m $11.3m | Reduced -25.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.3m $10.3m | Added +2.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 940.6k $7.6m | Reduced -38.0k |
| Newtyn Management, LLC 1.33% of their portfolio | 662.2k $5.4m | Reduced -137.8k |
| Pacific Ridge Capital Partners, LLC 1.21% of their portfolio | 641.8k $5.2m | Added +32.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 452.6k $3.7m | Added +23.7k |
| STATE STREET CORP 0.00% of their portfolio | 414.1k $3.4m | Added +2.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 394.3k $3.2m | Added +9.8k |
| J. Goldman & Co LP 0.15% of their portfolio | 367.6k $3.0m | New |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 350.2k $2.8m | Reduced -11.1k |
| Western Standard LLC 1.75% of their portfolio | 238.6k $1.9m | Added +178.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 180.3k $1.5m | Added +3.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 154.1k $1.3m | Reduced -2.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio | 150.7k $1.2m | Added +3.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 147.1k $1.2m | Reduced -13.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 131.3k $1.1m | Added +2.0k |
| Empowered Funds, LLC 0.03% of their portfolio | 119.7k $971.6k | Added +9.8k |
| Invesco Ltd. 0.00% of their portfolio | 113.7k $922.9k | Added +14.8k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 113.6k $923.0k | Reduced -104.7k |
| CITIGROUP INC 0.00% of their portfolio | 109.5k $889.0k | Reduced -40.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 104.2k $845.9k | Reduced -9.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 66.1k $536.4k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 60.9k $494.6k | Unchanged |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.03% of their portfolio | 60.7k $492.9k | Reduced -159.0k |
| Meridian Wealth Management, LLC 0.03% of their portfolio | 60.3k $489.3k | Unchanged |
| Aristides Capital LLC 0.32% of their portfolio | 59.8k $485.6k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 58.1k $471.4k | Reduced -2.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 47.6k $386.5k | Reduced -50.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 47.4k $385.1k | Reduced -18.2k |
| Cerity Partners LLC 0.00% of their portfolio | 44.8k $363.7k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 43.3k $351.8k | Reduced -11.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 40.4k $328.0k | Reduced -8.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 34.1k $276.8k | Reduced -256 |
| Walleye Capital LLC 0.00% of their portfolio | 29.0k $235.3k | Reduced -21.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 27.1k $219.9k | Added +503 |
| ROTHSCHILD INVESTMENT LLC /IL 0.02% of their portfolio | 25.5k $207.0k | Unchanged |
| INNOVIS ASSET MANAGEMENT LLC 0.08% of their portfolio | 25.1k $204.0k | Reduced -45.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 23.7k $192.7k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 21.1k $171.2k | Reduced -658 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 20.7k $167.7k | Reduced -263 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 18.0k $146.5k | Added +4.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 17.2k $139.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.0k $131.0k | Reduced -2.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 15.4k $125.0k | Added +3.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 15.4k $124.8k | Reduced -2.6k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 14.7k $119.7k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 13.9k $112.5k | New |
| UBS Group AG 0.00% of their portfolio | 12.7k $103.1k | Reduced -635 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.1k $98.5k | Unchanged |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 12.1k $97.9k | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 11.3k $91.5k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 11.2k $90.8k | Added +398 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 10.8k $87.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 5.5k $45.0k | Reduced -3.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 4.9k $40.1k | Reduced -2.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.6k $29.5k | Reduced -52 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.3k $27.2k | Reduced -4.5k |
| AMALGAMATED BANK 0.00% of their portfolio | 2.3k $19.0k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.9k $15.7k | Reduced -528 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.9k $15.3k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.3k $10.6k | Reduced -7.9k |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 1.3k $10.3k | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 1.1k $9.0k | Added +400 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 726 $5.9k | Added +13 |
| FMR LLC 0.00% of their portfolio | 247 $2.0k | Added +39 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 183 $1.5k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 133 $1.1k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 91 $739 | Reduced -438 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 39 $317 | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 30 $244 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |