Sportsman's Warehouse
SPWH
67 hedge funds and large institutions have $22.6M invested in Sportsman's Warehouse in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 22 closing their positions.
800% more call options, than puts
Call options by funds: $81K | Put options by funds: $9K
11.29% less ownership
Funds ownership: 71.25% → 59.96% (-11%)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
20% less funds holding
Funds holding: 84 → 67 (-17)
69% less capital invested
Capital invested by funds: $72.2M → $22.6M (-$49.6M)
77% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$5.21M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.53M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.28M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$999K |
| 5 |
Walleye Capital
New York
|
-$948K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Charles Schwab
San Francisco,
California
| – | -$222K | -83,227 | Closed |
|
|
XT
77
XTX Topco
George Town,
Cayman Islands
| – | -$181K | -67,680 | Closed |
|
|
DTL
78
Dynamic Technology Lab
Singapore
| – | -$155K | -57,915 | Closed |
|
|
AC
79
AWH Capital
Dallas,
Texas
| – | -$152K | -57,000 | Closed |
|
|
SOW
80
State of Wyoming
Cheyenne,
Wyoming
| – | -$143K | -53,423 | Closed |
|
81
Wolverine Trading
Chicago,
Illinois
| – | -$53.4K | -19,923 | Closed |
|
|
APG
82
Abacus Planning Group
Columbia,
South Carolina
| – | -$50.4K | -18,867 | Closed |
|
|
TSS
83
Two Sigma Securities
New York
| – | -$49.6K | -18,591 | Closed |
|
|
PAS
84
Point72 Asia (Singapore)
Singapore
| – | -$45K | -16,856 | Closed |
|
|
HF
85
HRT Financial
New York
| – | -$38K | -14,445 | Closed |
|
86
Balyasny Asset Management
Chicago,
Illinois
| – | -$32.8K | -12,272 | Closed |
|
|
CSC
87
Caldwell Sutter Capital
Sausalito,
California
| – | -$13.3K | -5,000 | Closed |
|
|
TRCT
88
Tower Research Capital (TRC)
New York
| – | -$12.8K | -4,794 | Closed |
|
SPWH Hedge Fund Activity: Q1 2025 in Review
67 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q1 2025, worth a combined $22.6M — down 69% from $72.2M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SPWH and 5 opened new positions — a net loss of 17 holders — while 25 trimmed existing stakes and 22 added.
The largest buyer was Archon Capital Management, opening a new position worth an estimated $1.34M. The largest seller was Cannell Capital, exiting entirely with an estimated $5.21M sold.
- 67 institutional investors held Sportsman's Warehouse (SPWH) as of Q1 2025, down from 84 in Q4 2024.
- Funds reported $22.6M of Sportsman's Warehouse stock for Q1 2025, down 69% quarter-over-quarter.
- 5 funds opened new Sportsman's Warehouse positions in Q1 2025 and 22 closed out, a net change of -17 holders.
- The largest Sportsman's Warehouse buyer in Q1 2025 was Archon Capital Management, an estimated $1.34M added.
- The largest Sportsman's Warehouse seller in Q1 2025 was Cannell Capital, an estimated $5.21M sold.
Based on aggregated 13F filings for Q1 2025.