Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Amer Sports Inc (AS)

347 + 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
↑ +11
Streak
10Q ▲
Buyers last Q
62%

Smart Money Signals — AS

Based on 350 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q
For 10 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
350 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.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+43 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

241 buying145 selling
Last quarter: 241 funds were net buyers (64 opened a brand new position + 177 added to an existing one). Only 145 were sellers (92 trimmed + 53 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 78 → 76 → 77 → 64. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 31% entered in last year

■ 17% conviction (2yr+) ■ 52% medium ■ 31% new
Only 60 funds (17%) 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.
💰

Value +31% but shares only +6% — price-driven

Value
+31%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +31%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~64 new funds/quarter

98 → 78 → 76 → 77 → 64 new funds/Q
New funds entering each quarter: 78 → 76 → 77 → 64. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 18% veterans, 42% new entrants

■ 18% veterans ■ 40% 1-2yr ■ 42% new
Of 373 current holders: 68 (18%) held 2+ years, 150 held 1–2 years, 155 (42%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
55 of 349 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 Q2, 241 hedge funds were net buyers of AS (64 opened a new position, 177 added to an existing one), while 145 reduced or exited (92 trimmed, 53 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 10 consecutive quarters of net institutional buying — a persistent conviction signal. 35% of total institutional value in AS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 350.

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 Q2 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 June 30, 2026 · 87d ago
AS
-21.0%
XLY
-5.9%

AS outperformed XLY by -15.1% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 42d ago
AS
-18.7%
XLY
-6.6%

Since the filing became public, AS outperformed XLY by -12.1% .

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.

19 top-rated funds 4 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: AS
347 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 347 339 2.36%
13F Shares 218M 205M 6.23%
Total Value $6.98B $5.32B 31.09%
New Positions 64 77 -13
Increased Positions 171 133 +38
Closed Positions 55 64 -9
Reduced Positions 82 95 -13
Total Calls 15 11 36.36%
Total Puts 9 7 28.57%
PUT/CALL Ratio 0.6 0.64 Bullish

Statistics: AS

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Valuation Measures Data as of: --

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Enterprise Value --
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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 Q2)

347 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FountainVest China Capital Partners GP3 Ltd. 92.36% 34,099,348 $1.15B
2 True Light Capital Pte. Ltd. 10.20% 457,150 $15.5M
3 Woodson Capital Management, LP 7.65% 1,350,000 $45.7M
4 Bwcp, LP 5.60% 1,157,738 $39.2M
5 Hook Mill Capital Partners, LP 4.54% 1,444,222 $48.9M
6 Avala Global LP 4.27% 3,422,412 $115.8M
7 Tabor Asset Management, LP 3.23% 312,459 $10.6M
8 Eleva Capital SAS 2.86% 298,802 $9.8M
9 Anomaly Capital Management, LP 2.64% 2,039,960 $69.0M
10 Mane Global Capital Management LP 2.56% 915,633 $31.0M
11 Caden Capital Partners, LP 2.55% 6,263 $212K
12 Shellback Capital, LP 2.47% 835,000 $28.3M
13 Owlhouse Capital LP 2.21% 42,497 $1.4M
14 Soros Capital Management LLC 1.94% 319,815 $10.8M
15 Senator Investment Group LP 1.85% 1,500,000 $50.8M
16 Junto Capital Management LP 1.84% 3,099,673 $104.9M
17 Renaissance Capital LLC 1.75% 93,637 $3.2M
18 Wealth High Governance Capital Ltda 1.68% 165,613 $5.6M
19 Interval Partners, LP 1.18% 1,353,872 $45.8M
20 Divisadero Street Capital Management, LP 1.17% 1,520,280 $51.4M
21 Platinum Investment Management Ltd 1.16% 140,000 $4.7M
22 KR Capital LP 1.16% 346,349 $11.7M
23 Occudo Quantitative Strategies LP 0.99% 552,819 $18.7M
24 Steadfast Capital Management LP 0.96% 926,300 $31.3M
25 Ravenswood Partners LP 0.83% 76,352 $2.6M
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 — 10 quarters in a row: For 10 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?

More buyers than sellers — 62% buying: Last quarter: 241 funds were net buyers (64 opened a brand new position + 177 added to an existing one). Only 145 were sellers (92 trimmed + 53 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for AS holders?

Strong quality — 35% AUM from major funds: 55 of 349 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AS?

Mostly new holders — 31% entered in last year: Only 60 funds (17%) 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 Q2 hedge fund 13F filings?

As of today, AS has moved -18.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -6.6% for the XLY sector ETF — an outperformance of -12.1%. Since the quarter end (June 30, 2026), AS has gained -21.0% vs -5.9% 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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