Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Amer Sports Inc (AS)

333 + Investors. Track Smart Money conviction in AS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
9Q ▲
Buyers last Q
56%

Smart Money Signals — AS

Based on 335 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added AS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
335 hedge funds hold AS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +39% more funds vs a year ago

fund count last 6Q
+94 new funds entered over the past year (+39% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

211 buying167 selling
Last quarter: 211 funds bought or added vs 167 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~76 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 97 → 78 → 76 → 76. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 39% entered in last year

■ 12% conviction (2yr+) ■ 49% medium ■ 39% new
Only 41 funds (12%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +12%, value -22%

Value
-21%
Shares
+12%
Last quarter: funds added +12% more shares while total portfolio value only changed -22%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~76 new funds/quarter

79 → 97 → 78 → 76 → 76 new funds/Q
New funds entering each quarter: 97 → 78 → 76 → 76. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 3% veterans, 52% new entrants

■ 3% veterans ■ 46% 1-2yr ■ 52% new
Of 353 current holders: 10 (3%) held 2+ years, 161 held 1–2 years, 182 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
49 of 335 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in AS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AS

In 2026 Q1, 211 hedge funds were net buyers of AS (76 opened a new position, 135 added to an existing one), while 167 reduced or exited (101 trimmed, 66 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in AS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 335.

Hedge Fund Ownership: AS

How many hedge funds hold AS — quarterly history vs. share price
Quarterly hedge fund ownership of AS vs. share price

Market Analysis: AS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Amer Sports Inc (AS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AS has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
AS
+6.6%
XLY
+6.0%

AS outperformed XLY by +0.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
AS
+6.9%
XLY
-0.9%

Since the filing became public, AS outperformed XLY by +7.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

31 top-rated funds 7 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: AS
333 + Investors

Track Smart Money conviction in AS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 333 325 2.46%
13F Shares 205M 182M 12.13%
Total Value $5.30B $6.78B -21.84%
New Positions 74 76 -2
Increased Positions 132 117 +15
Closed Positions 66 72 -6
Reduced Positions 94 100 -6
Total Calls 11 12 -8.33%
Total Puts 7 7 -
PUT/CALL Ratio 0.64 0.58 Bullish

Statistics: AS

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

333 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Brilliance Asset Management Ltd 9.71% 1,000,334 $32.9M
2 Woodson Capital Management, LP 9.45% 1,825,000 $60.1M
3 OPTIMAS CAPITAL Ltd 8.10% 109,600 $3.6M
4 True Light Capital Pte. Ltd. 7.61% 457,150 $15.0M
5 Avala Global LP 6.89% 4,355,512 $143.4M
6 Hook Mill Capital Partners, LP 4.46% 1,535,970 $50.6M
7 Owlhouse Capital LP 4.13% 94,397 $3.1M
8 Shellback Capital, LP 3.89% 830,000 $27.3M
9 Bwcp, LP 3.67% 731,372 $24.1M
10 Tabor Asset Management, LP 3.19% 240,949 $7.9M
11 Eleva Capital SAS 2.86% 298,802 $9.8M
12 Broad Peak Investment Advisers Pte Ltd 2.79% 418,000 $13.8M
13 Ogborne Capital Management, LLC 2.75% 164,526 $5.4M
14 Anomaly Capital Management, LP 2.55% 1,278,424 $42.1M
15 Caden Capital Partners, LP 2.54% 6,263 $206K
16 Mane Global Capital Management LP 2.30% 677,529 $22.3M
17 Senator Investment Group LP 1.97% 1,301,000 $42.8M
18 Renaissance Capital LLC 1.81% 71,198 $2.5M
19 WT Asset Management Ltd 1.33% 1,928,729 $63.5M
20 Platinum Investment Management Ltd 1.24% 150,000 $4.9M
21 Ghisallo Capital Management LLC 1.09% 1,200,000 $39.5M
22 Capstone Capital Management Ltd 1.01% 30,597 $1.0M
23 Lotus Technology Management, LP 1.00% 8,184 $269K
24 Capricorn Fund Managers Ltd 0.95% 185,000 $6.1M
25 Wakefield Asset Management LLLP 0.93% 106,828 $3.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Amer Sports Inc (AS)

What does the Smart Money Trend signal show for AS?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added AS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AS?

Slight buying edge — 56% buying: Last quarter: 211 funds bought or added vs 167 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AS holders?

Elite ownership — 40% AUM from top-100 funds: 49 of 335 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in AS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AS?

Mostly new holders — 39% entered in last year: Only 41 funds (12%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Amer Sports Inc (AS) following the 2026 Q1 hedge fund 13F filings?

As of today, AS has moved +6.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.9% for the XLY sector ETF — an outperformance of +7.8%. Since the quarter end (March 31, 2026), AS has gained +6.6% vs +6.0% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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