Sportsman's Warehouse
SPWH
173 hedge funds and large institutions have $590M invested in Sportsman's Warehouse in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 22 closing their positions.
254% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $2.87M
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
10% more funds holding
Funds holding: 157 → 173 (+16)
4% less capital invested
Capital invested by funds: $614M → $590M (-$24.5M)
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
4.14% less ownership
Funds ownership: 98.7% → 94.55% (-4.1%)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.2M |
| 2 |
Two Sigma Advisers
New York
|
+$8.12M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.83M |
| 4 |
Man Group
London,
United Kingdom
|
+$7.45M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$27.4M |
| 2 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
-$12.3M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$11.6M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$9.39M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$8.12M |
SPWH Hedge Fund Activity: Q3 2020 in Review
173 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q3 2020, worth a combined $590M — down 4% from $614M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SPWH positions and 22 closed out — a net gain of 18 holders — while 56 added to existing stakes and 61 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.2M. The largest seller was Greenhouse Funds, exiting entirely with an estimated $27.4M sold.
- 173 institutional investors held Sportsman's Warehouse (SPWH) as of Q3 2020, up from 157 in Q2 2020.
- Funds reported $590M of Sportsman's Warehouse stock for Q3 2020, down 4% quarter-over-quarter.
- 40 funds opened new Sportsman's Warehouse positions in Q3 2020 and 22 closed out, a net change of +18 holders.
- The largest Sportsman's Warehouse buyer in Q3 2020 was Goldman Sachs, an estimated $11.2M added.
- The largest Sportsman's Warehouse seller in Q3 2020 was Greenhouse Funds, an estimated $27.4M sold.
Based on aggregated 13F filings for Q3 2020.