I also think the fit looks a bit big, but if you want to experiment with ways to offset the fit, a couple of things come to mind:
1. What about a more-dramatic cuff at the bottom, so the fold exposes your ankle? Similar to SJP in photo #1.
On top, a slim-fit pullover (tee, turtleneck, etc) fully tucked, add a belt, and pair everything with a stompy boot or tailored shoe?
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