Academy Sports + Outdoors
ASO
342 hedge funds and large institutions have $3.52B invested in Academy Sports + Outdoors in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 120 increasing their positions, 135 reducing their positions, and 59 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
2% more call options, than puts
Call options by funds: $89.4M | Put options by funds: $87.5M
3.71% less ownership
Funds ownership: 103.52% → 99.81% (-3.7%)
6% less funds holding
Funds holding: 363 → 342 (-21)
11% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 135
18% less capital invested
Capital invested by funds: $4.28B → $3.52B (-$765M)
29% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$24.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.9M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$15.5M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$12.6M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.2M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$44.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$27.8M |
| 5 |
SC
Samlyn Capital
New York
|
-$26.6M |
ASO Hedge Fund Activity: Q3 2023 in Review
342 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Academy Sports + Outdoors (ASO) for Q3 2023, worth a combined $3.52B — down 18% from $4.28B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of ASO and 42 opened new positions — a net loss of 17 holders — while 135 trimmed existing stakes and 120 added.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $24.2M. The largest seller was Fidelity Investments, cutting an estimated $72.2M.
- 342 institutional investors held Academy Sports + Outdoors (ASO) as of Q3 2023, down from 363 in Q2 2023.
- Funds reported $3.52B of Academy Sports + Outdoors stock for Q3 2023, down 18% quarter-over-quarter.
- 42 funds opened new Academy Sports + Outdoors positions in Q3 2023 and 59 closed out, a net change of -17 holders.
- The largest Academy Sports + Outdoors buyer in Q3 2023 was J. Goldman & Co, an estimated $24.2M added.
- The largest Academy Sports + Outdoors seller in Q3 2023 was Fidelity Investments, an estimated $72.2M sold.
Based on aggregated 13F filings for Q3 2023.