Stitch Fix, Inc. has a significant shareholder group led by Working Capital Partners, Ltd., Working Capital Advisors (UK) Ltd., Working Capital Management Pte. Ltd., and Kenneth Chan, which together report beneficial ownership of 8,155,789 shares of Class A common stock. This represents 6.9% of the outstanding Class A shares of Stitch Fix, Inc.
The group reports shared power to vote and to dispose of all 8,155,789 shares, with no sole voting or dispositive power held by any of the reporting persons individually. Kenneth Chan ultimately controls the structure through ownership of the parent and investment manager entities, and the parties have agreed to act together under a Joint Filing Agreement.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:8,155,789 sharesPercent of class:6.9%Sole voting power:0 shares+3 more
6 metrics
Shares beneficially owned8,155,789 sharesClass A common stock beneficially owned by the reporting group
Percent of class6.9%Percentage of Stitch Fix Class A common stock reported as beneficially owned
Sole voting power0 sharesShares over which each reporting person has sole power to vote
Shared voting power8,155,789 sharesShares over which each reporting person has shared power to vote
Sole dispositive power0 sharesShares over which each reporting person has sole power to dispose
Shared dispositive power8,155,789 sharesShares over which each reporting person has shared power to dispose
Key Terms
beneficially owned, shared power to vote, shared power to dispose, percent of class, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: Working Capital Partners, Ltd. - 8,155,789 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared power to voteregulatory
"Shared power to vote or to direct the vote: ... 8,155,789 shares"
shared power to disposeregulatory
"Shared power to dispose or to direct the disposition of: ... 8,155,789 shares"
percent of classfinancial
"Percent of class: ... 6.9%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Joint Filing Agreementregulatory
"Reporting Persons have entered into a Joint Filing Agreement, dated as of July 15, 2026"
FAQ
How many SFIX shares are beneficially owned by the Working Capital group?
The reporting group beneficially owns 8,155,789 shares of Stitch Fix Class A common stock. This stake represents 6.9% of the outstanding class, according to the ownership disclosure by the Working Capital entities and Kenneth Chan.
What percentage of Stitch Fix (SFIX) does the Working Capital group hold?
The group reports beneficial ownership of 6.9% of Stitch Fix’s Class A common stock. This percentage is based on 8,155,789 shares that they collectively report as beneficially owned with shared voting and dispositive power.
Who are the reporting persons in the SFIX ownership disclosure?
The disclosure lists Working Capital Partners, Ltd., Working Capital Advisors (UK) Ltd., Working Capital Management Pte. Ltd., and Kenneth Chan as reporting persons, collectively holding 8,155,789 shares of Stitch Fix Class A common stock.
Does the Working Capital group have sole or shared voting power over SFIX shares?
The reporting persons have shared power to vote and direct the vote over 8,155,789 shares of Stitch Fix. They report 0 shares under sole voting power, indicating all voting authority is held jointly.
Who ultimately controls the SFIX stake reported by the Working Capital entities?
The disclosure states that Kenneth Chan is the sole owner of the parent company, which owns the investment manager. Through this structure, he is reported as beneficial owner of 8,155,789 shares, or 6.9% of Stitch Fix’s Class A stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
Stitch Fix, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
860897107
(CUSIP Number)
06/30/2026
(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
Working Capital Advisors (UK) Ltd.
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
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
8,155,789.00
7
Sole Dispositive Power
8
Shared Dispositive Power
8,155,789.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,155,789.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
FI
SCHEDULE 13G
CUSIP Number(s):
860897107
1
Names of Reporting Persons
Working Capital Management Pte. Ltd.
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
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,155,789.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,155,789.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,155,789.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
FI
SCHEDULE 13G
CUSIP Number(s):
860897107
1
Names of Reporting Persons
Hsiang-Tze Kenneth Chan
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
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
8,155,789.00
7
Sole Dispositive Power
8
Shared Dispositive Power
8,155,789.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,155,789.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
860897107
1
Names of Reporting Persons
Working Capital Partners, Ltd.
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
8,155,789.00
7
Sole Dispositive Power
8
Shared Dispositive Power
8,155,789.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,155,789.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
FI
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:
This Amendment No. 5 to the Schedule 13G (this "Amendment") is being filed by Working Capital Partners, Ltd. ("Working Capital Fund"), Working Capital Advisors (UK) Ltd. (the "Investment
Manager"), Working Capital Management Pte. Ltd. (the "Parent Company"), and Kenneth Chan, who
are collectively referred to as the "Reporting Persons". Kenneth Chan is the sole owner of the Parent
Company. The Parent Company is the sole owner of the Investment Manager. The Investment
Manager serves as the investment manager to the Working Capital Fund. The Reporting Persons have
entered into a Joint Filing Agreement, dated as of July 15, 2026, a copy of which was filed with the
Amendment No. 5 to the Schedule 13G filed by the Reporting Persons as Exhibit 99.1 (which is
incorporated herein by reference), pursuant to which the Reporting Persons have agreed to file this
statement jointly in accordance with the provisions of Rule 13d-1(k) under the Act.
(b)
Address or principal business office or, if none, residence:
12a Lowndes Street
Belgravia
London SW1X 9EX
(c)
Citizenship:
Working Capital Partners, Ltd. - Cayman Islands
Working Capital Advisors (UK) Ltd. - United Kingdom
Working Capital Management Pte. Ltd. - Singapore
Kenneth Chan - Singapore citizen
(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:
Working Capital Partners, Ltd. - 8,155,789 shares
Working Capital Advisors (UK) Ltd. - 8,155,789 shares
Working Capital Management Pte. Ltd. - 8,155,789 shares
Kenneth Chan - 8,155,789 shares
(b)
Percent of class:
Working Capital Partners, Ltd. - 6.9%
Working Capital Advisors (UK) Ltd. - 6.9%
Working Capital Management Pte. Ltd. - 6.9%
Kenneth Chan - 6.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Working Capital Partners, Ltd. - 0 shares
Working Capital Advisors (UK) Ltd. - 0 shares
Working Capital Management Pte. Ltd. - 0 shares
Kenneth Chan - 0 shares
(ii) Shared power to vote or to direct the vote:
Working Capital Partners, Ltd. - 8,155,789 shares
Working Capital Advisors (UK) Ltd. - 8,155,789 shares
Working Capital Management Pte. Ltd. - 8,155,789 shares
Kenneth Chan - 8,155,789 shares
(iii) Sole power to dispose or to direct the disposition of:
Working Capital Partners, Ltd. - 0 shares
Working Capital Advisors (UK) Ltd. - 0 shares
Working Capital Management Pte. Ltd. - 0 shares
Kenneth Chan - 0 shares
(iv) Shared power to dispose or to direct the disposition of:
Working Capital Partners, Ltd. - 8,155,789 shares
Working Capital Advisors (UK) Ltd. - 8,155,789 shares
Working Capital Management Pte. Ltd. - 8,155,789 shares
Kenneth Chan - 8,155,789 shares
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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.
Not Applicable
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 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.