VICTORIAS SECRET AND CO VSXY
COMMON STOCK · Common Stock · CUSIP 926400102 · ISIN US9264001028
American retailer of lingerie
- SectorConsumer discretionary
- IndustryRetail-Women's Clothing Stores
- HeadquartersReynoldsburg, OH
- Founded1977
- Websitevictoriassecret.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 ($474.9k this quarter). Holder counts are more reliable. Shares outstanding: 78.3m as of 2024-05-31, 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 ≈ $17.67. Options: 18 managers hold calls ($32.2m notional), 17 hold puts ($36.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 253 |
| Q4 2022 | 274 |
| Q1 2023 | 273 |
| Q2 2023 | 234 |
| Q3 2023 | 228 |
| Q4 2023 | 254 |
| Q1 2024 | 252 |
| Q2 2024 | 263 |
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 | 114 | 128 |
| Q1 2023 | 126 | 144 |
| Q2 2023 | 101 | 149 |
| Q3 2023 | 92 | 121 |
| Q4 2023 | 123 | 114 |
| Q1 2024 | 117 | 140 |
| Q2 2024 | 133 | 120 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $35.7m | $37.4m | 1.05 |
| Q4 2023 | $72.3m | $53.1m | 0.74 |
| Q1 2024 | $45.5m | $53.0m | 1.16 |
| Q2 2024 | $32.2m | $36.6m | 1.14 |
Biggest buyers
| BlackRock Inc. | Added | +2.5m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.6m |
| Balyasny Asset Management L.P. | New | +1.5m |
| T. Rowe Price Investment Management, Inc. | New | +1.5m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.4m |
| D. E. Shaw & Co., Inc. | Added | +1.1m |
| MARSHALL WACE, LLP | Added | +571.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +567.2k |
| BARCLAYS PLC | Added | +559.1k |
| TWO SIGMA INVESTMENTS, LP | New | +503.3k |
Biggest sellers
| MORGAN STANLEY | Reduced | -14.5m |
| WINDACRE PARTNERSHIP LLC | Sold out | -5.3m |
| FMR LLC | Reduced | -3.9m |
| UBS Group AG | Reduced | -3.3m |
| JPMORGAN CHASE & CO | Reduced | -2.4m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.9m |
| DEUTSCHE BANK AG\ | Reduced | -1.8m |
| No Street GP LP | Sold out | -1.1m |
| Broad Bay Capital Management, LP | Reduced | -985.0k |
| Bayberry Capital Partners LP | Sold out | -615.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $8.9m503.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.0m285.4k shares |
| BARCLAYS PLC | New | $5.0m282.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.4m138.2k shares |
| Cubist Systematic Strategies, LLC | Added | $2.2m123.9k shares |
| IMC-Chicago, LLC | Reduced | $1.7m97.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.7m95.4k shares |
| UBS Group AG | Unchanged | $1.2m66.5k shares |
| GROUP ONE TRADING LLC | Added | $1.0m58.5k shares |
| WOLVERINE TRADING, LLC | Added | $680.3k38.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $9.1m515.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.1m347.8k shares |
| Walleye Capital LLC | Added | $5.2m295.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.0m168.4k shares |
| IMC-Chicago, LLC | Added | $2.8m160.3k shares |
| JANE STREET GROUP, LLC | Added | $2.3m130.6k shares |
| GROUP ONE TRADING LLC | Added | $1.5m84.5k shares |
| PEAK6 Investments LLC | Reduced | $1.4m80.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.0m58.9k shares |
| D. E. Shaw & Co., Inc. | New | $989.5k56.0k 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 |
|---|---|
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-07-17 | 13.7% |
| FMR LLC 13G · institution +3.2 pts · filed 2026-06-05 | 10.9% |
| BBRC INTERNATIONAL PTE LTD 13D · may seek influence -1.8 pts · filed 2026-07-29 | 9.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 1 | $343.2k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 13.0m $229.9m | Added +2.5m |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.9m $157.1m | Added +369.8k |
| STATE STREET CORP 0.00% of their portfolio | 3.3m $58.1m | Added +342.8k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 2.7m $47.9m | Added +1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 1.9m $33.0m | Reduced -194.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.9m $32.8m | Added +258.1k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 1.8m $31.6m | Reduced -365.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $31.3m | Added +567.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.6m $28.3m | Added +68.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.12% of their portfolio | 1.6m $28.2m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.6m $27.5m | Added +417.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $27.1m | Added +264.4k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 1.5m $27.0m | New |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 1.5m $26.1m | New |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 1.3m $22.2m | Added +1.1m |
| FMR LLC 0.00% of their portfolio | 1.1m $19.8m | Reduced -3.9m |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $18.0m | Reduced -14.5m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 917.0k $16.2m | Added +109.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 824.3k $14.6m | Reduced -2.4m |
| BARCLAYS PLC 0.01% of their portfolio | 726.2k $12.8m | Added +559.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 652.4k $11.5m | Added +91.7k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.66% of their portfolio | 638.0k $11.3m | Added +197.9k |
| Invesco Ltd. 0.00% of their portfolio | 632.8k $11.2m | Reduced -254.6k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 618.2k $10.9m | Added +571.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 579.2k $10.2m | Added +54.2k |
| Broad Bay Capital Management, LP 1.24% of their portfolio | 515.0k $9.1m | Reduced -985.0k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 503.3k $8.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 494.0k $8.7m | Added +19.0k |
| Walleye Capital LLC 0.09% of their portfolio | 475.2k $8.4m | Added +376.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 459.6k $8.1m | Added +174.9k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 443.7k $7.8m | Added +354.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 386.9k $6.8m | Reduced -13.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 385.8k $6.8m | Added +40.0k |
| UBS Group AG 0.00% of their portfolio | 354.1k $6.3m | Reduced -3.3m |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 304.7k $5.4m | Added +114.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 280.4k $5.0m | Reduced -973 |
| FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio | 274.1k $4.8m | Reduced -4.2k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 261.3k $4.6m | Reduced -4.6k |
| ROYCE & ASSOCIATES LP 0.04% of their portfolio | 256.6k $4.5m | Added +29.9k |
| Cinctive Capital Management LP 0.24% of their portfolio | 254.2k $4.5m | Added +62.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 251.3k $4.4m | Reduced -50.2k |
| AXA S.A. 0.01% of their portfolio | 246.5k $4.4m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 245.7k $4.3m | Added +46.2k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 235.4k $4.2m | Reduced -129.0k |
| ARMISTICE CAPITAL, LLC 0.10% of their portfolio | 219.0k $3.9m | Reduced -66.0k |
| Legal & General Group Plc 0.00% of their portfolio | 211.9k $3.7m | Added +7.5k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 184.9k $3.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 178.3k $3.2m | Added +65.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 175.6k $3.1m | Added +3.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 172.3k $3.0m | Added +13.5k |
| READYSTATE ASSET MANAGEMENT LP 0.14% of their portfolio | 161.5k $2.9m | Reduced -19.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 156.3k $2.8m | Added +10.8k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 155.6k $2.8m | Added +24.7k |
| Newport Trust Company, LLC 0.01% of their portfolio | 153.6k $2.7m | Reduced -16.6k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 153.0k $2.7m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 146.6k $2.6m | Reduced -1.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 142.8k $2.5m | Added +21.6k |
| Governors Lane LP 0.39% of their portfolio | 142.6k $2.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 140.7k $2.5m | New |
| Swiss National Bank 0.00% of their portfolio | 137.0k $2.4m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 127.7k $2.3m | Added +93.0k |
| Trexquant Investment LP 0.03% of their portfolio | 124.1k $2.2m | Added +68.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 123.8k $2.2m | Reduced -156.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio | 117.9k $2.1m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 117.7k $2.1m | Added +80.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 113.0k $2.0m | Reduced -180.7k |
| TWINBEECH CAPITAL LP 0.04% of their portfolio | 111.4k $2.0m | Reduced -110.1k |
| Centiva Capital, LP 0.09% of their portfolio | 107.6k $1.9m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 106.7k $1.9m | Added +66.3k |
| ARGA Investment Management, LP 0.07% of their portfolio | 106.1k $1.9m | Added +33.9k |
| ALGERT GLOBAL LLC 0.06% of their portfolio | 97.3k $1.7m | Added +50.5k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 89.9k $1.6m | Reduced -180.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 87.6k $1.5m | Reduced -2.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 86.0k $1.5m | Added +40.1k |
| COMERICA BANK 0.01% of their portfolio | 86.0k $1.5m | Added +53.7k |
| IMC-Chicago, LLC 0.05% of their portfolio | 84.6k $1.5m | Added +14.5k |
| Polar Asset Management Partners Inc. 0.04% of their portfolio | 81.5k $1.4m | New |
| Alaska Permanent Fund Corp 0.02% of their portfolio | 81.2k $1.4m | Reduced -3.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 80.7k $1.4m | New |
| CITIGROUP INC 0.00% of their portfolio | 79.9k $1.4m | Reduced -58.7k |
| Eisler Capital (US) LLC 0.26% of their portfolio | 76.8k $1.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 68.8k $1.2m | Reduced -1.8k |
| ARISTEIA CAPITAL, L.L.C. 0.04% of their portfolio | 66.3k $1.2m | New |
| Savant Capital, LLC 0.01% of their portfolio | 65.1k $1.1m | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 65.0k $1.1m | Reduced -2.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 60.3k $1.1m | Added +20.2k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 60.0k $1.1m | Reduced -59.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 54.1k $956.0k | Added +7.7k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 53.9k $953.2k | Added +4.6k |
| Penserra Capital Management LLC 0.01% of their portfolio | 51.5k $909.0k | New |
| BARINGTON COMPANIES MANAGEMENT, LLC 1.01% of their portfolio | 50.0k $883.5k | Reduced -100.0k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 49.5k $863.2k | First filing |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 48.2k $851.9k | New |
| Keeley-Teton Advisors, LLC 0.11% of their portfolio | 46.6k $823.8k | Reduced -1.7k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 46.0k $812.0k | Reduced -1.2k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 45.5k $804.7k | First filing |
| RIVER GLOBAL INVESTORS LLP 0.21% of their portfolio | 42.7k $755.7k | Reduced -496 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 41.6k $734.7k | Added +29.2k |
| STRS OHIO 0.00% of their portfolio | 39.4k $696.2k | New |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 39.4k $696.2k | Added +1.0k |