I have two Havana Balanced DACs, one each in my primary and secondary systems. I have heard the Stockholm but it had no advantage on 16/44 material via SPDIF and don't care about USB. I didn't hear any advantage to Stockholm Balanced over Havana Balanced for CD and CD-ripped files, so I didn't bother upgrading. When I do add a file server, if I decide on USB instead of network streaming, I'll go with a USB>SPDIF converter.
For high-res, it makes no sense to me to ingest 24/192 via the receiver but drop bits processing that material at 16/XX in the DAC chips. On the other hand, I haven't heard delta-sigma based DACs capable of high-res, sound as convincing on 16/44 as Havana Balanced, so it looks like I'll end up with two DACs at some point if I continue to prefer the Havana Balanced. It is exceptional at making 1980s & '90s CDs listenable, too.
I got my PCM56P-K (Malaysia) chips from Mouser, online. They are reliable, no risk of fakes. These things are cheap. You need two for a single-ended Stockholm; four for a Stockholm Balanced, same as Havana.
You can find a 145+ page thread on head-fi.org filled with information from chronic modifiers who really tear into these DACs. It's a fully productized design built to a price point so parts upgrading opportunities are rich. Without going overboard you can certainly gain from spending some cash to replace the output coupling caps to V-Cap Copper-Teflon or Dueland. That would be true for most DACs. But if you want to keep upgrades to tubes and chips, avoid soldering, and end up with a beautiful, lively DAC, then either buy several of the alternate tubes to trial for your own decision, or if you tell me how you want to move the sound, I will be happy to direct you to a specific tube that will help. But most of all, get media bearings of some type under that Stockholm, under the feet, not the bottom plate itself. That's the biggest no-pain gain and it's really remarkable for its results.
Everything I've discussed that works for Havana works for Stockholm. I'll also say that I think the Balanced versions of these DACs are well worth the price difference, even if you have to use XLR>RCA converters to connect their balanced outputs to RCA inputs on a preamp. There's a lot more tone and shove in the Balanced versions via balanced outs. As mhdt points out, the single-ended output of a Balanced version is the same as using a single-ended Havana or Stockholm. Well, there are a couple of small exceptions, not least of which is that the unbalanced mhdt DACs often have PCM56P-L chips, while Balanced versions ship with PCM56P-J. If your Stockholm has L chips then you will hear a larger improvement from K chips than I did over my stock Js. I realize your DAC is single-ended as you wrote at the outset. There's a v2 of Stockholm coming soon, and Havana Balanced can still be bought now. If you want the most from your single-ended DAC without radical surgery, then chips, tubes, bearings and burn-in should get you smiling.
Another thing to note is that the single-ended mhdt DACs output 1.1v, lower than the CD standard 2v which is the marker for digital gear. Since most systems have excess gain in the preamp, it's not a problem. But if you are coming to Stockholm from a CD or universal optical player, then Stockholm may sound anemic to you at same position on your volume control. If that's the case, turn it up! The Balanced version of Havana & Stockholm output 2.6v. Also, there is some unconfirmed chatter out of mhdt that Stockholm v2 will have higher output, somewhat above CD standard even in single-ended form.
I'm not sure why you are having such a different experience than with your Havana. I listened to a friend's Stockholm right out of the box and on 16/44 material it duplicated my starting experience with Havana Balanced. Depending on where you live, it could be since you took delivery in a cold weather month that break-in of the electrolytic and other caps simply will take longer. It could be that your Havana had J chips and this Stockholm has Ls. It could be just sample-to-sample inconsistency. Hard to say without being there. Which input are you using? Are you getting the same result from 16/44 and high-res or are you happy with one but not another?
In any case, if you're using USB, my own bias is that an Audiophileo 2 or similar converter will deliver to the SPDIF input a much lower jitter source and wake up your DAC.
Phil