Sportsman's Warehouse
SPWH
64 hedge funds and large institutions have $32.8M invested in Sportsman's Warehouse in 2026 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 17 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 67 → 64 (-3)
6.91% less ownership
Funds ownership: 67.36% → 60.45% (-6.9%)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
25% less capital inflows, than outflows
Capital inflows: $4.18M | Capital outflows: $5.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$364K |
| 2 |
Union Square Park Capital Management
New York
|
+$300K |
| 3 |
GSA Capital Partners
London,
United Kingdom
|
+$199K |
| 4 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$163K |
| 5 |
Two Sigma Investments
New York
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$689K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$590K |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$542K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$535K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$426K |
SPWH Hedge Fund Activity: Q1 2026 in Review
64 of the 8,217 institutional investors tracked by Wall St. Rank reported a position in Sportsman's Warehouse (SPWH) for Q1 2026, worth a combined $32.8M — down 13% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SPWH and 15 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 21 added.
The largest buyer was Renaissance Technologies, adding an estimated $364K. The largest seller was Raymond James Financial, exiting entirely with an estimated $689K sold.
- 64 institutional investors held Sportsman's Warehouse (SPWH) as of Q1 2026, down from 67 in Q4 2025.
- Funds reported $32.8M of Sportsman's Warehouse stock for Q1 2026, down 13% quarter-over-quarter.
- 15 funds opened new Sportsman's Warehouse positions in Q1 2026 and 17 closed out, a net change of -2 holders.
- The largest Sportsman's Warehouse buyer in Q1 2026 was Renaissance Technologies, an estimated $364K added.
- The largest Sportsman's Warehouse seller in Q1 2026 was Raymond James Financial, an estimated $689K sold.
Based on aggregated 13F filings for Q1 2026.