Sportsman's Warehouse
SPWH
132 hedge funds and large institutions have $317M invested in Sportsman's Warehouse in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 35 reducing their positions, and 27 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 35
46% more call options, than puts
Call options by funds: $3.71M | Put options by funds: $2.54M
5.77% more ownership
Funds ownership: 92.37% → 98.14% (+5.8%)
6% less funds holding
Funds holding: 140 → 132 (-8)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
19% less capital invested
Capital invested by funds: $391M → $317M (-$74.4M)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.82M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.77M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$1.66M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLCMU
Kite Lake Capital Management (UK)
London,
United Kingdom
|
-$7.04M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$5.93M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.55M |
| 4 |
UFM
Ursa Fund Management
Danville,
California
|
-$3.69M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$3.43M |
SPWH Hedge Fund Activity: Q3 2022 in Review
132 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q3 2022, worth a combined $317M — down 19% from $391M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SPWH and 19 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 56 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $2.82M. The largest seller was Kite Lake Capital Management (UK), cutting an estimated $7.04M.
- 132 institutional investors held Sportsman's Warehouse (SPWH) as of Q3 2022, down from 140 in Q2 2022.
- Funds reported $317M of Sportsman's Warehouse stock for Q3 2022, down 19% quarter-over-quarter.
- 19 funds opened new Sportsman's Warehouse positions in Q3 2022 and 27 closed out, a net change of -8 holders.
- The largest Sportsman's Warehouse buyer in Q3 2022 was Dimensional Fund Advisors, an estimated $2.82M added.
- The largest Sportsman's Warehouse seller in Q3 2022 was Kite Lake Capital Management (UK), an estimated $7.04M sold.
Based on aggregated 13F filings for Q3 2022.