Greenlight Capital Exits Victoria’s Secret (vsxy) after Remarkable Turnaround

In its second-quarter 2026 investor letter, Greenlight Capital highlighted Victorias Secret & Co. (NYSE:VSXY). Victorias Secret & Co. (NYSE:VSXY) operates as a specialty retailer of women's intimate apparel and other apparel and beauty products worldwide On August 2

In its second-quarter 2026 investor letter, Greenlight Capital highlighted Victorias Secret & Co. (NYSE:VSXY).

Victorias Secret & Co. (NYSE:VSXY) operates as a specialty retailer of women’s intimate apparel and other apparel and beauty products worldwide

On August 26, 2026, Victorias Secret & Co. (NYSE:VSXY) closed at $90.97 per share. The one-month return of Victorias Secret & Co. (NYSE:VSXY) was 1.58%, and its shares gained 295.37% over the past 52 weeks. Victorias Secret & Co. (NYSE:VSXY) has a market capitalization of $7.22 billion, and its stock has traded within a 52-week range of $ 21.39 to $102.46.

Greenlight Capital stated the following regarding Victorias Secret & Co. (NYSE:VSXY) in its Q2 2026 investor letter: “During the quarter, we also exited a few positions: Victorias Secret & Co. (NYSE:VSXY) with a 157% IRR over a 1-year holding period. Under new management, the company refreshed the brand, returned the company to “sexy” (in its marketing and in its new ticker), generated renewed customer interest and improved financial performance.” Victorias Secret & Co. (NYSE:VSXY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 43 hedge fund portfolios held Victorias Secret & Co. (NYSE:VSXY) at the end of the second quarter which was 44 in the previous quarter.

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