Sportsman's Warehouse
SPWH
169 hedge funds and large institutions have $710M invested in Sportsman's Warehouse in 2020 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 50 increasing their positions, 58 reducing their positions, and 54 closing their positions.
352% more call options, than puts
Call options by funds: $15M | Put options by funds: $3.32M
20% more capital invested
Capital invested by funds: $590M → $710M (+$120M)
6% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 54
1.84% less ownership
Funds ownership: 94.55% → 92.71% (-1.8%)
2% less funds holding
Funds holding: 173 → 169 (-4)
14% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 58
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$39.4M |
| 2 |
VI
Versor Investments
New York
|
+$18.4M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$12.4M |
| 4 |
Barclays
London,
United Kingdom
|
+$11.3M |
| 5 |
WIC
Water Island Capital
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$16.2M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$15M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$13.6M |
| 5 |
BCP
Bayberry Capital Partners
New York
|
-$12.7M |
SPWH Hedge Fund Activity: Q4 2020 in Review
169 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q4 2020, worth a combined $710M — up 20% from $590M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of SPWH and 51 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 50 added.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $39.4M. The largest seller was Franklin Resources, cutting an estimated $16.2M.
- 169 institutional investors held Sportsman's Warehouse (SPWH) as of Q4 2020, down from 173 in Q3 2020.
- Funds reported $710M of Sportsman's Warehouse stock for Q4 2020, up 20% quarter-over-quarter.
- 51 funds opened new Sportsman's Warehouse positions in Q4 2020 and 54 closed out, a net change of -3 holders.
- The largest Sportsman's Warehouse buyer in Q4 2020 was Magnetar Financial, an estimated $39.4M added.
- The largest Sportsman's Warehouse seller in Q4 2020 was Franklin Resources, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2020.