BML Investment Partners Amends Tilly's Stake on Dec 31, 2023

TL;DR

**BML Investment Partners just updated their Tilly's stake, watch for potential stock movement.**

AI Summary

BML Investment Partners, L.P. has filed an Amendment No. 4 to their Schedule 13G, indicating a change in their beneficial ownership of Tilly's, Inc. Class A Common Stock as of December 31, 2023. This filing updates their previous disclosures, signaling a potential shift in their investment strategy or a rebalancing of their portfolio in the apparel retailer. For investors, this matters because significant changes in institutional ownership can influence stock price and reflect a major investor's confidence (or lack thereof) in the company's future performance.

Why It Matters

This filing shows an institutional investor, BML Investment Partners, L.P., has updated its position in Tilly's, Inc., which can signal a change in their outlook on the company's prospects.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership report, not indicating immediate high risk.

Analyst Insight

Investors should monitor subsequent filings from BML Investment Partners, L.P. or other institutional investors to understand the full scope of their position changes in Tilly's, Inc. and assess potential impacts on the stock price.

Key Players & Entities

• BML Investment Partners, L.P. (company) — the reporting person filing the SC 13G/A
• Tilly's, Inc. (company) — the subject company whose Class A Common Stock is being reported
• December 31, 2023 (date) — the date of the event requiring this filing
• Delaware (company) — place of organization for BML Investment Partners, L.P.

FAQ

Filing Documents

• tlys13g020724.htm (SC 13G/A) — 77KB
• 0001616824-24-000032.txt ( ) — 78KB

(a)

Item 1(a). Name of Issuer: Tillys, Inc

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 10 Whatney Irvine, CA 92618

(a)

Item 2(a). Name of Person Filing: BML Investment Partners, L.P.

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 65 E Cedar - Suite 2 Zionsville, IN 46077

(c)

Item 2(c). Citizenship: Delaware

(d)

Item 2(d). Title of Class of Securities: Class A Common Stock

(e)

Item 2(e). CUSIP Number: 886885102 Item 3. If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n): (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) Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) 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 Section 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________ . Item 4. (a) Amount beneficially owned: 0 (b) Percent of class: 0.0% (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: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check th

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View this SC 13G/A filing on SEC EDGAR