Camping World
CWH
217 hedge funds and large institutions have $440M invested in Camping World in 2026 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 79 increasing their positions, 54 reducing their positions, and 48 closing their positions.
724% more call options, than puts
Call options by funds: $49.8M | Put options by funds: $6.04M
46% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 54
1.16% more ownership
Funds ownership: 100.22% → 101.38% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 48
3% less funds holding
Funds holding: 223 → 217 (-6)
28% less capital invested
Capital invested by funds: $613M → $440M (-$173M)
Top Buyers
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$22.7M |
| 2 |
Millennium Management
New York
|
+$20.6M |
| 3 |
Goldman Sachs
New York
|
+$19M |
| 4 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$15.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$10.2M |
Top Sellers
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$30.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$13.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.83M |
CWH Hedge Fund Activity: Q1 2026 in Review
217 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Camping World (CWH) for Q1 2026, worth a combined $440M — down 28% from $613M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CWH and 47 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 79 added.
The largest buyer was Nantahala Capital Management, adding an estimated $22.7M. The largest seller was Capital Research Global Investors, cutting an estimated $30.9M.
- 217 institutional investors held Camping World (CWH) as of Q1 2026, down from 223 in Q4 2025.
- Funds reported $440M of Camping World stock for Q1 2026, down 28% quarter-over-quarter.
- 47 funds opened new Camping World positions in Q1 2026 and 48 closed out, a net change of -1 holder.
- The largest Camping World buyer in Q1 2026 was Nantahala Capital Management, an estimated $22.7M added.
- The largest Camping World seller in Q1 2026 was Capital Research Global Investors, an estimated $30.9M sold.
Based on aggregated 13F filings for Q1 2026.