Academy Sports + Outdoors
ASO
372 hedge funds and large institutions have $4.85B invested in Academy Sports + Outdoors in 2024 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 111 increasing their positions, 160 reducing their positions, and 43 closing their positions.
30% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 43
3% more funds holding
Funds holding: 360 → 372 (+12)
6% less capital invested
Capital invested by funds: $5.16B → $4.85B (-$307M)
8.83% less ownership
Funds ownership: 105.45% → 96.62% (-8.8%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
31% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 160
36% less call options, than puts
Call options by funds: $70.4M | Put options by funds: $110M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.6M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$19.8M |
| 3 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$16.2M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.1M |
| 2 |
Morgan Stanley
New York
|
-$76.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$64.3M |
| 4 |
Millennium Management
New York
|
-$50.9M |
| 5 |
Goldman Sachs
New York
|
-$37.9M |
ASO Hedge Fund Activity: Q1 2024 in Review
372 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Academy Sports + Outdoors (ASO) for Q1 2024, worth a combined $4.85B — down 6% from $5.16B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new ASO positions and 43 closed out — a net gain of 13 holders — while 111 added to existing stakes and 160 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $21.6M. The largest seller was Fidelity Investments, cutting an estimated $79.1M.
- 372 institutional investors held Academy Sports + Outdoors (ASO) as of Q1 2024, up from 360 in Q4 2023.
- Funds reported $4.85B of Academy Sports + Outdoors stock for Q1 2024, down 6% quarter-over-quarter.
- 56 funds opened new Academy Sports + Outdoors positions in Q1 2024 and 43 closed out, a net change of +13 holders.
- The largest Academy Sports + Outdoors buyer in Q1 2024 was Lord, Abbett & Co, an estimated $21.6M added.
- The largest Academy Sports + Outdoors seller in Q1 2024 was Fidelity Investments, an estimated $79.1M sold.
Based on aggregated 13F filings for Q1 2024.