Sportsman's Warehouse
SPWH
141 hedge funds and large institutions have $463M invested in Sportsman's Warehouse in 2022 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 38 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
61% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $6.53M
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
4.66% more ownership
Funds ownership: 93.98% → 98.64% (+4.7%)
5% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 38
2% less funds holding
Funds holding: 144 → 141 (-3)
5% less capital invested
Capital invested by funds: $489M → $463M (-$25.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$24.7M |
| 2 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
+$15.6M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$11.1M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.41M |
| 5 |
Millennium Management
New York
|
+$7.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$18.8M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$15.5M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$8.41M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$8.1M |
| 5 |
PFMU
Privium Fund Management (UK)
London,
United Kingdom
|
-$7.13M |
SPWH Hedge Fund Activity: Q1 2022 in Review
141 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q1 2022, worth a combined $463M — down 5.3% from $489M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SPWH and 36 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 50 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $24.7M. The largest seller was Magnetar Financial, exiting entirely with an estimated $18.8M sold.
- 141 institutional investors held Sportsman's Warehouse (SPWH) as of Q1 2022, down from 144 in Q4 2021.
- Funds reported $463M of Sportsman's Warehouse stock for Q1 2022, down 5.3% quarter-over-quarter.
- 36 funds opened new Sportsman's Warehouse positions in Q1 2022 and 38 closed out, a net change of -2 holders.
- The largest Sportsman's Warehouse buyer in Q1 2022 was Towle & Co, an estimated $24.7M added.
- The largest Sportsman's Warehouse seller in Q1 2022 was Magnetar Financial, an estimated $18.8M sold.
Based on aggregated 13F filings for Q1 2022.