Amer Sports
326 hedge funds and large institutions have $6.4B invested in Amer Sports in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 113 increasing their positions, 106 reducing their positions, and 61 closing their positions.
33% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 61
30% more call options, than puts
Call options by funds: $113M | Put options by funds: $87.2M
6% more funds holding
Funds holding: 307 → 326 (+19)
2.25% more ownership
Funds ownership: 30.95% → 33.19% (+2.2%)
7% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 106
4% less capital invested
Capital invested by funds: $6.65B → $6.4B (-$256M)
41% less funds holding in top 10
Funds holding in top 10: 22 → 13 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
+$224M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$94.1M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$92.9M |
| 4 |
WAM
WT Asset Management
Hong Kong
|
+$90.9M |
| 5 |
Temasek Holdings
Singapore
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anomaly Capital Management
New York
|
-$86.1M |
| 2 |
TA
Trivest Advisors
Hong Kong
|
-$80.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$64.6M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$52.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$41.1M |
AS Hedge Fund Activity: Q3 2025 in Review
326 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Amer Sports (AS) for Q3 2025, worth a combined $6.4B — down 3.8% from $6.65B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new AS positions and 61 closed out — a net gain of 20 holders — while 113 added to existing stakes and 106 trimmed.
The largest buyer was Aspex Management (HK), opening a new position worth an estimated $224M. The largest seller was Anomaly Capital Management, exiting entirely with an estimated $86.1M sold.
- 326 institutional investors held Amer Sports (AS) as of Q3 2025, up from 307 in Q2 2025.
- Funds reported $6.4B of Amer Sports stock for Q3 2025, down 3.8% quarter-over-quarter.
- 81 funds opened new Amer Sports positions in Q3 2025 and 61 closed out, a net change of +20 holders.
- The largest Amer Sports buyer in Q3 2025 was Aspex Management (HK), an estimated $224M added.
- The largest Amer Sports seller in Q3 2025 was Anomaly Capital Management, an estimated $86.1M sold.
Based on aggregated 13F filings for Q3 2025.