Sportsman's Warehouse
SPWH
143 hedge funds and large institutions have $704M invested in Sportsman's Warehouse in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 55 closing their positions.
31% more call options, than puts
Call options by funds: $2.38M | Put options by funds: $1.81M
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
0.84% more ownership
Funds ownership: 92.71% → 93.55% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $710M → $704M (-$5.64M)
15% less funds holding
Funds holding: 169 → 143 (-26)
44% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$22.7M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$22.2M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$20M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$19.3M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$71.6M |
| 2 |
Goldman Sachs
New York
|
-$17.5M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$14.9M |
| 4 |
Barclays
London,
United Kingdom
|
-$13M |
| 5 |
WIC
Water Island Capital
New York
|
-$12.3M |
SPWH Hedge Fund Activity: Q1 2021 in Review
143 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q1 2021, worth a combined $704M — down 0.8% from $710M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of SPWH and 31 opened new positions — a net loss of 24 holders — while 47 trimmed existing stakes and 51 added.
The largest buyer was Alpine Associates Management, adding an estimated $22.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $71.6M.
- 143 institutional investors held Sportsman's Warehouse (SPWH) as of Q1 2021, down from 169 in Q4 2020.
- Funds reported $704M of Sportsman's Warehouse stock for Q1 2021, down 0.8% quarter-over-quarter.
- 31 funds opened new Sportsman's Warehouse positions in Q1 2021 and 55 closed out, a net change of -24 holders.
- The largest Sportsman's Warehouse buyer in Q1 2021 was Alpine Associates Management, an estimated $22.7M added.
- The largest Sportsman's Warehouse seller in Q1 2021 was T. Rowe Price Associates, an estimated $71.6M sold.
Based on aggregated 13F filings for Q1 2021.