Sportsman's Warehouse
SPWH
71 hedge funds and large institutions have $77.7M invested in Sportsman's Warehouse in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 15 closing their positions.
53,900% more call options, than puts
Call options by funds: $540K | Put options by funds: $1K
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
3.55% more ownership
Funds ownership: 69.38% → 72.93% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 82 → 71 (-11)
15% less capital invested
Capital invested by funds: $91.7M → $77.7M (-$14M)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
| 2 |
Renaissance Technologies
New York
|
+$1.39M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$1.1M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$860K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$797K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.26M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.41M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.39M |
| 4 |
JP Morgan Chase
New York
|
-$1.25M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| – | -$150K | -46,947 | Closed |
|
77
SG Americas Securities
New York
| – | -$93K | -27,040 | Closed |
|
|
VF
78
Virtu Financial
New York
| – | -$84K | -24,210 | Closed |
|
79
Wolverine Trading
Chicago,
Illinois
| – | -$50.4K | -15,775 | Closed |
|
|
DTL
80
Dynamic Technology Lab
Singapore
| – | -$53K | -15,381 | Closed |
|
|
PAS
81
Point72 Asia (Singapore)
Singapore
| – | -$41.5K | -12,033 | Closed |
|
|
QC
82
Quadrature Capital
London,
United Kingdom
| – | -$39.5K | -11,452 | Closed |
|
83
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$32.9K | -10,318 | -100% |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$16K | -4,636 | Closed |
|
85
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$6.9K | -2,000 | Closed |
|
|
HCM
86
Hollencrest Capital Management
Newport Beach,
California
| – | -$690 | -200 | Closed |
|
SPWH Hedge Fund Activity: Q3 2025 in Review
71 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q3 2025, worth a combined $77.7M — down 15% from $91.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SPWH and 4 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 27 added.
The largest buyer was Fidelity Investments, adding an estimated $11.9M. The largest seller was Portolan Capital Management, cutting an estimated $3.26M.
- 71 institutional investors held Sportsman's Warehouse (SPWH) as of Q3 2025, down from 82 in Q2 2025.
- Funds reported $77.7M of Sportsman's Warehouse stock for Q3 2025, down 15% quarter-over-quarter.
- 4 funds opened new Sportsman's Warehouse positions in Q3 2025 and 15 closed out, a net change of -11 holders.
- The largest Sportsman's Warehouse buyer in Q3 2025 was Fidelity Investments, an estimated $11.9M added.
- The largest Sportsman's Warehouse seller in Q3 2025 was Portolan Capital Management, an estimated $3.26M sold.
Based on aggregated 13F filings for Q3 2025.