Filing Details
CONGRESS ASSET MANAGEMENT CO, a registered investment adviser, increased its position in Tapestry, Inc. (NYSE:TPR) by 14.4% during Q2 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm purchased an additional 81,788 shares of the Consumer Cyclical company, bringing its total holdings to 650,354 shares valued at approximately $95.2M as of the filing date.
Market Context
Tapestry, Inc.'s stock currently trades at $143.29 with a market capitalization of $26.0B.
An increase in an existing position suggests CONGRESS ASSET MANAGEMENT CO has growing conviction in Tapestry, Inc.'s trajectory. Institutional investors typically add to positions when they believe the stock still has upside relative to their price target, or when the company's fundamentals have improved since their initial purchase.
Consumer discretionary holdings often reflect institutional views on consumer spending strength and economic confidence. Moves in Tapestry, Inc. may signal expectations about upcoming earnings and consumer demand trends.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View TPR Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like CONGRESS ASSET MANAGEMENT CO position their portfolios.
How can I track institutional ownership of TPR?
View all institutional holders on our TPR institutional ownership page.