Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Camping World Hldgs Inc (CWH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
3Q ▼
Buyers last Q
50%

Smart Money Signals — CWH

Based on 210 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their CWH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
210 funds currently hold this stock — 90% of the 3.0-year high of 233 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
8 fewer hedge funds hold CWH compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

120 buying120 selling
Last quarter: 120 funds bought or added vs 120 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 — ~45 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 47 → 45 → 46 → 45. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 22% medium ■ 15% new
132 out of 210 hedge funds have held CWH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~45 new funds/quarter

46 → 47 → 45 → 46 → 45 new funds/Q
New funds entering each quarter: 47 → 45 → 46 → 45. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 72% veterans vs 16% newcomers

■ 72% veterans ■ 12% 1-2yr ■ 16% new
Entry-cohort mix of 229 holders: 166 (72%) are 2+ year veterans, 27 entered 1–2 years ago, and 36 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
47 of 209 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CWH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — CWH

In 2026 Q2, 120 hedge funds were net buyers of CWH (45 opened a new position, 75 added to an existing one), while 120 reduced or exited (65 trimmed, 55 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 51% of total institutional value in CWH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 210.

Hedge Fund Ownership: CWH

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

Market Analysis: CWH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CWH

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 1 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: CWH
207 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 207 220 -5.91%
13F Shares 75M 72M 3.87%
Total Value $550M $494M 11.38%
New Positions 45 46 -1
Increased Positions 72 78 -6
Closed Positions 57 51 +6
Reduced Positions 55 55 -
Total Calls 11 13 -15.38%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 0.64 0.62 Bullish

Statistics: CWH

View More

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 Q2)

207 + investors

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

QUARTER:
Top 25 CWH holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crestview Partners II GP, L.P. 6.28% 1,930,896 $14.7M
2 Prentice Capital Management, LP 5.47% 379,245 $2.9M
3 Wolf Hill Capital Management, LP 2.28% 3,575,364 $27.3M
4 Eminence Capital, LP 0.91% 5,832,492 $39.8M
5 Philosophy Capital Management LLC 0.87% 2,405,505 $18.4M
6 Nantahala Capital Management, LLC 0.65% 2,551,055 $19.5M
7 Nantahala Capital Management, LLC 0.51% 2,000,000 $15.3M
8 Olympiad Research LP 0.46% 28,776 $220K
9 Wolf Hill Capital Management, LP 0.44% 687,900 $5.2M
10 Pingora Partners LLC 0.29% 65,400 $499K
11 Shay Capital LLC 0.27% 555,167 $4.2M
12 Carnegie Lake Advisors LLC 0.13% 45,678 $349K
13 Camelot Portfolios, LLC 0.10% 18,000 $137K
14 Farringdon Capital, Ltd. 0.06% 17,065 $130K
15 Burney Co/ 0.06% 296,445 $2.3M
16 Fox Run Management, L.L.C. 0.06% 43,829 $334K
17 Jump Financial, LLC 0.05% 217,090 $3.5M
18 Trexquant Investment LP 0.04% 807,338 $6.2M
19 RBF Capital, LLC 0.03% 100,000 $763K
20 PDT Partners, LLC 0.03% 73,240 $559K
21 Y-Intercept (Hong Kong) Ltd 0.03% 170,342 $1.3M
22 WINTON GROUP Ltd 0.02% 99,900 $762K
23 Cibc World Market INC. 0.02% 1,533,650 $11.7M
24 Prelude Capital Management, LLC 0.02% 28,720 $219K
25 CWA Asset Management Group, LLC 0.01% 55,055 $420K
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 — Camping World Hldgs Inc (CWH)

What does the Smart Money Trend signal show for CWH?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their CWH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CWH?

Slight buying edge — 50% buying: Last quarter: 120 funds bought or added vs 120 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 CWH holders?

Elite ownership — 51% AUM from top-100 funds: 47 of 209 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CWH. 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 CWH?

63% of holders stayed for 2+ years: 132 out of 210 hedge funds have held CWH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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.

Full history →