The institutional cluster shows a clear net-selling bias in Q1 2026, with 8 sellers reducing $3.9M vs 7 buyers adding $782K. The selling is concentrated among active managers (Franklin Resources, Qube Research, AQR) and mega-passive funds (BofA, UBS, Wells Fargo), suggesting broad-based de-risking rather than a single bearish thesis. Without insider buying to corroborate, the signal is weak. Monitor next earnings for fundamental deterioration that may have driven the exits.
Executive Summary
Institutional activity in JILL during 2026-Q1 was mixed: 7 buyers added $782K in net new positions (total $9.7M), while 8 sellers reduced holdings by $3.9M. The selling is dominated by larger absolute dollar amounts from Franklin Resources ($1.8M trim) and Qube Research ($844K near-exit), outweighing the buying in scale. The cluster lacks insider corroboration, weakening the conviction signal.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$3.2M
▲ Buyers (7)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Fund 1 | ADD | +25.4% | $7.7M | $349.0K |
| American Century Companies | ADD | +63.7% | $1.3M | $338.0K |
| Marshall Wace | ADD | +36% | $652.0K | $78.0K |
▼ Sellers (8)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Franklin Resources | TRIM | -61.3% | $2.7M | -$1.8M |
| Qube Research & Technologies | NEAR_EXIT | -83.3% | $981.0K | -$844.2K |
| BofA | TRIM | -60.9% | $687.0K | -$462.4K |
Key Facts
- 7 buyers added $782K in net new positions; 8 sellers reduced holdings by $3.9M
- Largest seller: Franklin Resources trimmed $1.8M (61.3% of position)
- Largest buyer: Fund 1 added $349K (25.4% increase)
- No open-market insider buying in the window — institutions-only signal
- Net selling of ~$3.2M outweighs net buying of ~$782K
Financial Impact
Net institutional selling of approximately $3.2M in Q1 2026, with total buying of $782K and total selling of $3.9M
Risk Factors
- 45-day 13F reporting lag means positions may have already been unwound or reversed
- No insider buying to corroborate institutional conviction
- Net selling bias suggests institutional de-risking, but magnitude is small relative to market cap
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-JILL-2026-Q1 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 23d ago | 8-K | $21.74 $23.77 | ▲ +9.34% | ▲ +9.67% | — |
Jul 9, 2026 12w ago | Institutional Cluster | $15.83 $16.81 | ▲ +6.19% | ▲ +6.32% | — |
Jun 12, 2026 16w ago | Institutional Cluster | $14.79 $14.82 | ▼ −0.20% | ▲ +0.47% | — |
Jun 10, 2026 16w ago | 8-K | $13.58 $14.79 | ▼ −8.91% | ▼ −5.48% | — |
Jun 5, 2026 17w ago | 8-K | $13.52 $14.68 | ▲ +8.58% | ▲ +6.47% | — |
Apr 17, 2026 24w ago | 8-K | $12.72 $12.80 | ▲ +0.63% | ▼ −0.28% | — |
Apr 10, 2026 25w ago | DEFA14A | $11.96 $12.72 | ▲ +6.35% | ▲ +3.06% | — |
Mar 31, 2026 26w ago | 8-K | $11.37 $11.41 | ▼ −0.35% | ▲ +3.60% | — |
US Market Status
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