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 ($182.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.05. Options: 5 managers hold calls ($225.2k notional), 1 hold puts ($48.6k).
Trends to Q1 2026
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 |
| Q4 2023 | 73 |
| Q1 2024 | 68 |
| Q2 2024 | 75 |
| Q3 2024 | 68 |
| Q4 2024 | 62 |
| Q1 2025 | 58 |
| Q2 2025 | 56 |
| Q3 2025 | 60 |
| Q4 2025 | 54 |
| Q1 2026 | 65 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 32 | 43 |
| Q3 2024 | 22 | 43 |
| Q4 2024 | 25 | 35 |
| Q1 2025 | 17 | 32 |
| Q2 2025 | 26 | 40 |
| Q3 2025 | 22 | 29 |
| Q4 2025 | 14 | 32 |
| Q1 2026 | 32 | 18 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $30.8k | $0 | 0.00 |
| Q3 2025 | $120.1k | $9.3k | 0.08 |
| Q4 2025 | $128.8k | $199 | 0.00 |
| Q1 2026 | $225.2k | $48.6k | 0.22 |
Biggest buyers
| BML Capital Management, LLC | New | +2.1m |
| TWO SIGMA INVESTMENTS, LP | Added | +649.8k |
| Simcoe Capital LLC | New | +619.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +95.1k |
| HRT FINANCIAL LP | New | +59.4k |
| CIBC WORLD MARKET INC. | Added | +57.0k |
| Empowered Funds, LLC | New | +45.0k |
| Aristides Capital LLC | Added | +41.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +33.4k |
| TWO SIGMA SECURITIES, LLC | New | +28.4k |
Biggest sellers
| Long Focus Capital Management, LLC | Sold out | -1.7m |
| Shay Capital LLC | Reduced | -1.6m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -192.6k |
| TWO SIGMA ADVISERS, LP | Sold out | -179.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -151.7k |
| GSA CAPITAL PARTNERS LLP | Reduced | -62.9k |
| CITADEL ADVISORS LLC | Reduced | -46.6k |
| NINE MASTS CAPITAL Ltd | Sold out | -28.8k |
| Crewe Advisors LLC | Sold out | -6.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -5.5k |
Biggest calls
| IMC-Chicago, LLC | New | $88.7k21.9k shares |
| JANE STREET GROUP, LLC | New | $60.8k15.0k shares |
| CITADEL ADVISORS LLC | Reduced | $54.7k13.5k shares |
| GROUP ONE TRADING LLC | Added | $16.6k4.1k shares |
| SIMPLEX TRADING, LLC | New | $4.5k1.1k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $48.6k12.0k 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 Q1 2026
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 2024 | 1 | $25.1k | 1 | $26.1k | — |
| Q3 2024 | 0 | — | 2 | $135.9k | $107.6k |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-20 | Shay Capital LLC 10% owner | Sold | $74.0k20.0k shares |
| 2026-03-12 | Shay Capital LLC 10% owner | Sold | $2.6m1.0m 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Fund 1 Investments, LLC 4.25% of their portfolio | 8.1m $32.6m | Unchanged |
| BML Capital Management, LLC 5.60% of their portfolio | 2.1m $8.7m | New |
| Shay Capital LLC 1.03% of their portfolio | 1.8m $7.2m | Reduced -1.6m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 985.8k $4.0m | First filing |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 900.0k $3.6m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 849.3k $3.4m | Added +95.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 810.5k $3.3m | Added +649.8k |
| Pacific Ridge Capital Partners, LLC 0.61% of their portfolio | 693.3k $2.8m | Added +697 |
| Simcoe Capital LLC 2.30% of their portfolio | 619.4k $2.5m | New |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 546.0k $2.2m | Unchanged |
| MUFG Securities EMEA plc 0.03% of their portfolio | 500.0k $2.0m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 465.4k $1.9m | Reduced -192.6k |
| BlackRock, Inc. 0.00% of their portfolio | 397.1k $1.6m | Added +4.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 253.9k $1.0m | Added +14.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 220.1k $891.0k | Unchanged |
| Aristides Capital LLC 0.27% of their portfolio | 201.9k $817.6k | Added +41.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 147.4k $596.9k | First filing |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 123.9k $502.0k | Reduced -62.9k |
| STATE STREET CORP 0.00% of their portfolio | 107.1k $433.8k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 98.1k $397.3k | Reduced -151.7k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 95.0k $384.8k | Added +57.0k |
| CIBC Bancorp USA Inc. 0.00% of their portfolio | 95.0k $384.8k | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 67.4k $273.1k | Added +26.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 65.9k $267.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 60.8k $246.4k | Added +33.4k |
| HRT FINANCIAL LP 0.00% of their portfolio | 59.4k $240.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 52.8k $213.9k | Added +5.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 51.0k $206.7k | Reduced -5.5k |
| Kathmere Capital Management, LLC 0.01% of their portfolio | 50.0k $202.5k | Added +25.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 48.3k $195.5k | Added +19.2k |
| Empowered Funds, LLC 0.00% of their portfolio | 45.0k $182.4k | New |
| Cerity Partners LLC 0.00% of their portfolio | 44.8k $181.4k | Unchanged |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.10% of their portfolio | 40.0k $176.0k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 39.4k $158.0k | Added +14.2k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 28.4k $115.2k | New |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 25.8k $104.4k | New |
| FNY Investment Advisers, LLC 0.04% of their portfolio | 23.2k $93.0k | New |
| Hillsdale Investment Management Inc. 0.00% of their portfolio | 23.2k $93.8k | New |
| MORGAN STANLEY 0.00% of their portfolio | 17.9k $72.6k | Added +4.8k |
| FMR LLC 0.00% of their portfolio | 17.5k $71.0k | Reduced -168 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 14.9k $60.3k | New |
| Abel Hall, LLC 0.01% of their portfolio | 13.7k $55.4k | Reduced -84 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 13.5k $54.7k | Added +3.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 13.1k $53.1k | Reduced -46.6k |
| CITIGROUP INC 0.00% of their portfolio | 13.1k $53.0k | New |
| Virtu Financial LLC 0.00% of their portfolio | 12.9k $52.0k | New |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 12.0k $48.8k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 11.7k $47.5k | Added +6.6k |
| Scientech Research LLC 0.04% of their portfolio | 10.8k $43.8k | New |
| UBS Group AG 0.00% of their portfolio | 10.2k $41.5k | Added +7.5k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 7.9k $32.0k | First filing |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 5.5k $22.3k | Reduced -4.8k |
| BARCLAYS PLC 0.00% of their portfolio | 1.8k $7.2k | Reduced -1 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 1.5k $5.9k | Reduced -1.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 544 $2.2k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 502 $2.0k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 437 $1.8k | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 394 $1.6k | Added +110 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 316 $1.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 145 $1.0k | Reduced -881 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 131 $530 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 85 $344 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 80 $324 | Reduced -34 |
| Arax Advisory Partners 0.00% of their portfolio | 30 $122 | New |
| Optiver Holding B.V. 0.00% of their portfolio | 13 $53 | Unchanged |