Smith & Wesson
SWBI
176 hedge funds and large institutions have $578M invested in Smith & Wesson in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 38 increasing their positions, 67 reducing their positions, and 23 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
33% more capital invested
Capital invested by funds: $434M → $578M (+$144M)
9% more funds holding
Funds holding: 162 → 176 (+14)
3% less call options, than puts
Call options by funds: $13.3M | Put options by funds: $13.7M
43% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.29M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$4.12M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$10.8M |
| 2 |
Millennium Management
New York
|
-$7.43M |
| 3 |
TCM
Trafelet Capital Management
New York
|
-$4.97M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.22M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.83M |
SWBI Hedge Fund Activity: Q4 2013 in Review
176 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Smith & Wesson (SWBI) for Q4 2013, worth a combined $578M — up 33% from $434M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SWBI positions and 23 closed out — a net gain of 14 holders — while 38 added to existing stakes and 67 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $40.4M. The largest seller was Prudential Financial, cutting an estimated $10.8M.
- 176 institutional investors held Smith & Wesson (SWBI) as of Q4 2013, up from 162 in Q3 2013.
- Funds reported $578M of Smith & Wesson stock for Q4 2013, up 33% quarter-over-quarter.
- 37 funds opened new Smith & Wesson positions in Q4 2013 and 23 closed out, a net change of +14 holders.
- The largest Smith & Wesson buyer in Q4 2013 was Fidelity Investments, an estimated $40.4M added.
- The largest Smith & Wesson seller in Q4 2013 was Prudential Financial, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2013.