Fieldview Capital Trims Etsy Stake by Nearly 90%

Hedge fund reduces position in online marketplace as shares decline

Mar. 12, 2026 at 10:21am

Got story updates? Submit your updates here. ›

Fieldview Capital Management LLC, a hedge fund, cut its position in Etsy, Inc. (NASDAQ:ETSY) by 88.7% during the third quarter, according to a recent SEC filing. The fund now owns just 4,646 shares of the specialty retailer's stock, down from a previous holding of 41,203 shares.

Why it matters

Etsy has seen its stock price decline in recent months, falling from a 52-week high of $76.51 to around $52 currently. The reduced position by Fieldview Capital suggests the hedge fund may be concerned about the company's near-term prospects, though Etsy remains a popular investment among many institutional investors.

The details

According to the 13F filing, Fieldview Capital sold 36,557 Etsy shares during the third quarter, leaving it with a much smaller stake valued at $308,000 as of the most recent reporting period. The move comes as Etsy has faced headwinds, with the company's stock price dropping around 30% over the past six months amid a broader decline in technology and e-commerce shares.

  • Fieldview Capital filed its 13F report for the third quarter on March 12, 2026.
  • The hedge fund reduced its Etsy position during the three-month period ending September 30, 2025.

The players

Fieldview Capital Management LLC

A hedge fund that previously held a sizable position in Etsy shares.

Etsy, Inc.

An online marketplace focused on handmade, vintage and unique goods that has seen its stock price decline in recent months.

Got photos? Submit your photos here. ›

The takeaway

Fieldview Capital's decision to significantly trim its Etsy stake suggests the hedge fund may be concerned about the company's near-term performance, though Etsy remains a popular investment among many institutional investors. The move highlights the volatility in the e-commerce sector as rising interest rates and economic uncertainty weigh on high-growth tech stocks.