Stitch Fix, Inc. amendment to a Schedule 13G/A reports that Fund 1 Investments, LLC beneficially owns 1,970,000 shares of Class A common stock, representing 1.62% of the class. The filing states the position is held with shared voting and dispositive power and is reported as of March 31, 2026.
The disclosure ties its percentage to a stated outstanding share count of 121,382,902 shares of Class A common stock as of March 6, 2026. Ownership is held through private investment vehicles advised by Pleasant Lake Partners LLC; the reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
None.
Negative
None.
Insights
Minor passive stake disclosed; administrative ownership detail.
The filing shows 1,970,000 Class A shares and 1.62% ownership, reported as of March 31, 2026. It clarifies voting and dispositive powers are shared and links holdings to private vehicles advised by Pleasant Lake Partners LLC.
Given the stake size under 5%, this is typically a passive disclosure under Schedule 13G/A. Subsequent filings could show changes; current cashflow treatment or any planned sales are not disclosed in the excerpt.
Key Figures
Shares beneficially owned:1,970,000 sharesPercent of class:1.62%Shares outstanding reference:121,382,902 shares+1 more
4 metrics
Shares beneficially owned1,970,000 sharesBeneficial ownership reported as of March 31, 2026
Percent of class1.62%Calculated using 121,382,902 Class A shares outstanding as of March 6, 2026
Shares outstanding reference121,382,902 sharesClass A shares outstanding as of March 6, 2026 (source: issuer 10-Q)
Filing signature date05/15/2026Signature by Benjamin C. Cable, Chief Operating Officer
Key Terms
Schedule 13G/A, Beneficial ownership, Shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 3 ) Stitch Fix, Inc. Class A Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownershipfinancial
"Amount beneficially owned: 1,970,000 (b) Percent of class: 1.62 %"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerfinancial
"Shared Dispositive Power 1,970,000.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Stitch Fix, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
860897107
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
860897107
1
Names of Reporting Persons
Fund 1 Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,970,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,970,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,970,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.62 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Stitch Fix, Inc.
(b)
Address of issuer's principal executive offices:
1 Montgomery Street, Suite 1500, San Francisco, California, 94104
Item 2.
(a)
Name of person filing:
Fund 1 Investments, LLC
(b)
Address or principal business office or, if none, residence:
100 Carr 115 Unit 1900
Rincon, Puerto Rico 00677
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP No.:
860897107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,970,000
(b)
Percent of class:
1.62 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,970,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,970,000
Shares reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein. Beneficial ownership information is reported herein as of March 31, 2026.
All percentages reported herein with respect to the Reporting Person's holdings are calculated based upon a statement in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended January 31, 2026, as filed with the Securities and Exchange Commission on March 12, 2026, that there were 121,382,902 shares of Class A Common Stock of the Issuer outstanding as of March 6, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Item 4.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does Fund 1 Investments, LLC report in Stitch Fix (SFIX)?
Fund 1 Investments, LLC reports beneficial ownership of 1,970,000 shares (1.62%). The filing ties this percentage to 121,382,902 Class A shares outstanding as of March 6, 2026 and states the position is reported as of March 31, 2026.
How is voting and disposition power described for this SFIX filing?
The filing reports shared voting and dispositive power over 1,970,000 shares. It lists zero sole voting or dispositive power and indicates the shares are held through private investment vehicles advised by Pleasant Lake Partners LLC.
What date anchors are used in the Schedule 13G/A amendment for SFIX?
Beneficial ownership is reported as of March 31, 2026. The percentage calculation references 121,382,902 shares outstanding as of March 6, 2026 per the issuer's Form 10-Q dated March 12, 2026.
Does the filing claim direct beneficial ownership of the SFIX shares?
The reporting person disclaims beneficial ownership except to the extent of pecuniary interest. It states shares are held by private vehicles for which Pleasant Lake Partners LLC is investment adviser and Fund 1 Investments, LLC is managing member.
Who signed the Schedule 13G/A amendment for Stitch Fix (SFIX)?
The amendment is signed by Benjamin C. Cable, Chief Operating Officer. The signature block shows a filing date of May 15, 2026 and identifies the reporting person as Fund 1 Investments, LLC.
