Vault-13

SKECHERS U S A INC SKX

CL A · Common Stock · CUSIP 830566105 · ISIN US8305661055

468 institutional holders -6 vs Q1 2025
133,567,325133.6m shares reported held*
$8.4bnreported value*
134 new 114 added 153 reduced 146 sold out net sold ≈ $166.3m (-2.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.10. Options: 29 managers hold calls ($220.8m notional), 26 hold puts ($119.4m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 311Q4 22: 321Q1 23: 335Q2 23: 369Q3 23: 382Q4 23: 423Q1 24: 453Q2 24: 492Q3 24: 508Q4 24: 509Q1 25: 474Q2 25: 468468Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022311
Q4 2022321
Q1 2023335
Q2 2023369
Q3 2023382
Q4 2023423
Q1 2024453
Q2 2024492
Q3 2024508
Q4 2024509
Q1 2025474
Q2 2025468

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 195 bought or addedQ3 23: 175 cut or sold outQ4 23: 204 bought or addedQ4 23: 190 cut or sold outQ4 23Q1 24: 242 bought or addedQ1 24: 195 cut or sold outQ2 24: 259 bought or addedQ2 24: 215 cut or sold outQ2 24Q3 24: 250 bought or addedQ3 24: 251 cut or sold outQ4 24: 239 bought or addedQ4 24: 261 cut or sold outQ4 24Q1 25: 228 bought or addedQ1 25: 276 cut or sold outQ2 25: 248 bought or addedQ2 25: 299 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023195175
Q4 2023204190
Q1 2024242195
Q2 2024259215
Q3 2024250251
Q4 2024239261
Q1 2025228276
Q2 2025248299

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 24 calls: $106.9mQ3 24 puts: $77.1mQ3 24P/C 0.72Q4 24 calls: $103.4mQ4 24 puts: $101.8mQ4 24P/C 0.98Q1 25 calls: $114.9mQ1 25 puts: $135.8mQ1 25P/C 1.18Q2 25 calls: $220.8mQ2 25 puts: $119.4mQ2 25P/C 0.54
Numbers
QuarterCallsPutsP/C
Q3 2024$106.9m$77.1m0.72
Q4 2024$103.4m$101.8m0.98
Q1 2025$114.9m$135.8m1.18
Q2 2025$220.8m$119.4m0.54

Biggest buyers

Pentwater Capital Management LP New +7,000,000+7.0m
FIL Ltd Added +4,642,858+4.6m
UBS Group AG Added +3,102,962+3.1m
ROYAL BANK OF CANADA Added +2,707,271+2.7m
GLAZER CAPITAL, LLC New +2,393,675+2.4m
NOMURA HOLDINGS INC New +2,233,955+2.2m
Beryl Capital Management LLC New +2,154,898+2.2m
TIG Advisors, LLC New +1,890,767+1.9m
Polar Asset Management Partners Inc. New +1,684,545+1.7m
BlackRock, Inc. Added +1,607,541+1.6m

Biggest sellers

FMR LLC Reduced -19,500,426-19.5m
VIKING GLOBAL INVESTORS LP Sold out -5,800,882-5.8m
VICTORY CAPITAL MANAGEMENT INC Reduced -3,931,028-3.9m
D. E. Shaw & Co., Inc. Reduced -2,609,954-2.6m
Capital Research Global Investors Sold out -2,137,293-2.1m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Reduced -1,871,122-1.9m
Point72 Asset Management, L.P. Sold out -1,351,448-1.4m
Bank of New York Mellon Corp Reduced -1,311,186-1.3m
Theleme Partners LLP Sold out -1,245,000-1.2m
Anomaly Capital Management, LP Reduced -1,222,911-1.2m

Biggest calls

Troluce Capital Advisors LLC New $34.6m548.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $27.3m432.3k shares
Balyasny Asset Management L.P. New $25.2m400.0k shares
MILLENNIUM MANAGEMENT LLC Added $23.7m375.3k shares
Verition Fund Management LLC Added $16.9m267.4k shares
CITADEL ADVISORS LLC Reduced $12.6m199.3k shares
Twin Tree Management, LP Reduced $12.2m193.2k shares
GOLDMAN SACHS GROUP INC Reduced $8.9m140.7k shares
WATER ISLAND CAPITAL LLC New $8.8m139.0k shares
Schonfeld Strategic Advisors LLC New $6.5m103.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $31.7m502.2k shares
MILLENNIUM MANAGEMENT LLC Added $18.3m290.5k shares
WATER ISLAND CAPITAL LLC New $18.1m286.1k shares
GOLDMAN SACHS GROUP INC Reduced $7.0m110.9k shares
HARVEST MANAGEMENT LLC New $6.0m95.4k shares
Centiva Capital, LP New $4.7m75.0k shares
CITADEL ADVISORS LLC Reduced $4.4m69.3k shares
Twin Tree Management, LP Reduced $3.6m57.0k shares
SIMPLEX TRADING, LLC Reduced $3.2m51.3k shares
Cubist Systematic Strategies, LLC Reduced $3.0m48.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-04-24 8.6% -1.2 pts 11.2m 2025-04-24

Fell to 5% or below in the last year: Pentwater Capital Management LP (0.0%, 2025-11-14)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 13,148,86813.1m $829.7m $829.7m 0.02% Added +1.6m +1,607,541
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 12,276,41012.3m $774.6m $774.6m 0.01% Reduced -227.6k -227,591
3 Pentwater Capital Management LP 5.64% of their portfolio Naples, FL 7,000,0007.0m $441.7m $441.7m 5.64% New
4 UBS Group AG 0.07% of their portfolio ZURICH, V8 5,273,0795.3m $332.7m $332.7m 0.07% Added +3.1m +3,102,962
5 FIL Ltd 0.28% of their portfolio HAMILTON, D0 5,211,5785.2m $328.9m $328.9m 0.28% Added +4.6m +4,642,858
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,525,6924.5m $285.6m $285.6m 0.01% Reduced -276.7k -276,667
7 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 6.20% of their portfolio CHICAGO, IL 3,598,1773.6m $227.0m $227.0m 6.20% Not comparable
8 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 3,193,0603.2m $201.5m $201.5m 0.05% Added +397.3k +397,307
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,183,3783.2m $200.9m $200.9m 0.02% Added +2.7m +2,707,271
10 GLAZER CAPITAL, LLC 5.40% of their portfolio New York, NY 2,393,6752.4m $151.0m $151.0m 5.40% New
11 HBK INVESTMENTS L P 2.63% of their portfolio DALLAS, TX 2,347,8662.3m $148.2m $148.2m 2.63% Not comparable
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,306,6762.3m $145.6m $145.6m 0.01% Reduced -25.4k -25,405
13 NOMURA HOLDINGS INC 1.14% of their portfolio TOKYO, M0 2,233,9552.2m $141.0m $141.0m 1.14% New
14 Balyasny Asset Management L.P. 0.31% of their portfolio Chicago, IL 2,169,9212.2m $136.9m $136.9m 0.31% Reduced -109.7k -109,712
15 Beryl Capital Management LLC 20.48% of their portfolio REDONDO BEACH, CA 2,154,8982.2m $136.0m $136.0m 20.48% New
16 NORGES BANK 0.02% of their portfolio OSLO, Q8 2,096,8192.1m $132.3m $132.3m 0.02% Reduced -46.2k -46,206
17 FIDUCIARY MANAGEMENT INC /WI/ 1.20% of their portfolio MILWAUKEE, WI 1,974,7732.0m $124.6m $124.6m 1.20% Reduced -859.0k -859,012
18 TIG Advisors, LLC 6.51% of their portfolio New York, NY 1,890,7671.9m $119.3m $119.3m 6.51% New
19 Polar Asset Management Partners Inc. 2.65% of their portfolio TORONTO, A6 1,684,5451.7m $106.3m $106.3m 2.65% New
20 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio Boston, MA 1,598,9821.6m $100.9m $100.9m 0.03% Reduced -1.9m -1,871,122
21 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 1,485,7881.5m $93.8m $93.8m 0.08% Reduced -284.0k -283,999
22 First Trust Capital Management L.P. 6.05% of their portfolio CHICAGO, IL 1,418,2421.4m $89.5m $89.5m 6.05% New
23 Magnetar Financial LLC 0.43% of their portfolio EVANSTON, IL 1,416,7751.4m $89.4m $89.4m 0.43% New
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,326,7891.3m $83.7m $83.7m 0.01% Added +17.9k +17,924
25 Anomaly Capital Management, LP 2.48% of their portfolio New York, NY 1,235,5581.2m $78.0m $78.0m 2.48% Reduced -1.2m -1,222,911
26 NEXPOINT ASSET MANAGEMENT, L.P. 7.31% of their portfolio Dallas, TX 1,215,5211.2m $76.7m $76.7m 7.31% New
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,184,4391.2m $74.7m $74.7m 0.00% Reduced -63.8k -63,815
28 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,171,7941.2m $73.9m $73.9m 0.01% Reduced -1.3m -1,311,186
29 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,171,3311.2m $73.9m $73.9m 0.01% Added +756.1k +756,134
30 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,138,7631.1m $71.9m $71.9m 0.01% Reduced -27.2k -27,156
31 AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio Greenwich, CT 1,116,9641.1m $70.5m $70.5m 0.06% Added +267.8k +267,773
32 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 1,069,6171.1m $67.5m $67.5m 0.05% Added +1.1m +1,063,158
33 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 1,064,0471.1m $67.1m $67.1m 0.06% Reduced -205.5k -205,542
34 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 945,748945.7k $59.7m $59.7m 0.10% Added +929.9k +929,911
35 Melqart Asset Management (UK) Ltd 7.90% of their portfolio London, X0 876,368876.4k $55.3m $55.3m 7.90% New
36 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio Boston, MA 848,872848.9k $53.6m $53.6m 0.09% New
37 Empyrean Capital Partners, LP 2.40% of their portfolio LOS ANGELES, CA 821,000821.0k $51.8m $51.8m 2.40% New
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 819,621819.6k $51.7m $51.7m 0.00% Added +72.9k +72,902
39 KRYGER CAPITAL Ltd 9.22% of their portfolio LONDON, X0 789,579789.6k $49.8m $49.8m 9.22% New
40 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 713,750713.8k $45.0m $45.0m 0.01% Reduced -1.0m -1,046,415
41 AQR Arbitrage LLC 1.02% of their portfolio Greenwich, CT 688,810688.8k $43.5m $43.5m 1.02% New
42 Hudson Bay Capital Management LP 0.28% of their portfolio STAMFORD, CT 676,310676.3k $42.7m $42.7m 0.28% New
43 Fort Baker Capital Management LP 6.54% of their portfolio Larkspur, CA 591,758591.8k $37.3m $37.3m 6.54% New
44 Schonfeld Strategic Advisors LLC 0.28% of their portfolio NEW YORK, NY 579,311579.3k $36.6m $36.6m 0.28% New
45 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 570,229570.2k $36.0m $36.0m 0.01% Added +401.0k +401,005
46 LMR Partners LLP 0.56% of their portfolio LONDON, X0 567,087567.1k $35.8m $35.8m 0.56% New
47 Palliser Capital (UK) Ltd 25.59% of their portfolio LONDON, X0 556,144556.1k $35.1m $35.1m 25.59% New
48 Verition Fund Management LLC 0.20% of their portfolio GREENWICH, CT 551,413551.4k $34.8m $34.8m 0.20% Added +201.1k +201,123
49 Decagon Asset Management LLP 26.69% of their portfolio LONDON, X0 541,389541.4k $34.2m $34.2m 26.69% New
50 Westchester Capital Management, LLC 1.99% of their portfolio VALHALLA, NY 539,283539.3k $34.0m $34.0m 1.99% New
51 Amundi 0.01% of their portfolio Paris, I0 527,486527.5k $33.4m $33.4m 0.01% Added +273.4k +273,369
52 Davidson Kempner Capital Management LP 0.49% of their portfolio New York, NY 510,533510.5k $32.2m $32.2m 0.49% Not comparable
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 487,318487.3k $30.7m $30.7m 0.01% Added +93.1k +93,083
54 Sculptor Capital LP 0.50% of their portfolio New York, NY 486,500486.5k $30.7m $30.7m 0.50% New
55 ODDO BHF ASSET MANAGEMENT SAS 1.15% of their portfolio PARIS, I0 482,500482.5k $30.4m $30.4m 1.15% Not comparable
56 PICTON MAHONEY ASSET MANAGEMENT 0.43% of their portfolio Toronto, A6 480,017480.0k $30.3m $30.3m 0.43% Added +480.0k +480,000
57 TODD ASSET MANAGEMENT LLC 0.62% of their portfolio Louisville, KY 452,968453.0k $28.6m $28.6m 0.62% Reduced -3.7k -3,685
58 WATER ISLAND CAPITAL LLC 4.71% of their portfolio NEW YORK, NY 426,562426.6k $26.9m $26.9m 4.71% New
59 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.30% of their portfolio NEW YORK, NY 399,893399.9k $25.2m $25.2m 1.30% New
60 HARVEST MANAGEMENT LLC 11.40% of their portfolio New York, NY 372,302372.3k $23.5m $23.5m 11.40% New
61 Man Group plc 0.05% of their portfolio LONDON, X0 367,337367.3k $23.2m $23.2m 0.05% Added +56.5k +56,497
62 ALPINE ASSOCIATES MANAGEMENT INC. 1.21% of their portfolio PALM BEACH, FL 358,900358.9k $22.6m $22.6m 1.21% New
63 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 358,267358.3k $22.6m $22.6m 0.02% Reduced -10.9k -10,877
64 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.17% of their portfolio FRANKFORT, KY 342,121342.1k $21.6m $21.6m 0.17% Unchanged
65 Quinn Opportunity Partners LLC 1.81% of their portfolio CHARLOTTESVILLE, VA 334,439334.4k $21.1m $21.1m 1.81% Added +90.3k +90,323
66 Slotnik Capital, LLC 8.26% of their portfolio DALLAS, TX 325,000325.0k $20.5m $20.5m 8.26% New
67 SG Americas Securities, LLC 0.09% of their portfolio NEW YORK, NY 323,414323.4k $20.4m $20.4m 0.09% Added +309.1k +309,148
68 Caption Management, LLC 1.84% of their portfolio OKLAHOMA CITY, OK 317,932317.9k $20.1m $20.1m 1.84% New
69 Susquehanna Portfolio Strategies, LLC 0.44% of their portfolio Bala Cynwyd, PA 316,819316.8k $20.0m $20.0m 0.44% New
70 ArrowMark Colorado Holdings LLC 0.36% of their portfolio Denver, CO 313,989314.0k $19.8m $19.8m 0.36% Reduced -353.7k -353,655
71 SONA ASSET MANAGEMENT (US) LLC 0.66% of their portfolio NEW YORK, NY 307,769307.8k $19.4m $19.4m 0.66% New
72 Governors Lane LP 2.62% of their portfolio NEW YORK, NY 303,918303.9k $19.2m $19.2m 2.62% New
73 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 296,965297.0k $18.7m $18.7m 0.00% Reduced -241.1k -241,105
74 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 295,416295.4k $18.6m $18.6m 0.01% Reduced -7.8k -7,796
75 GABELLI FUNDS LLC 0.13% of their portfolio Rye, NY 294,800294.8k $18.6m $18.6m 0.13% New
76 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 294,228294.2k $18.6m $18.6m 0.02% Reduced -8.8k -8,782
77 GABELLI & Co INVESTMENT ADVISERS, INC. 2.79% of their portfolio Rye, NY 287,814287.8k $18.2m $18.2m 2.79% New
78 Eisler Capital Management Ltd. 0.60% of their portfolio LONDON, X0 276,748276.7k $17.5m $17.5m 0.60% Added +276.7k +276,731
79 Legal & General Group Plc 0.00% of their portfolio London, X0 275,096275.1k $17.4m $17.4m 0.00% Added +5.2k +5,189
80 FULLER & THALER ASSET MANAGEMENT, INC. 0.06% of their portfolio SAN MATEO, CA 269,939269.9k $17.0m $17.0m 0.06% Reduced -11.9k -11,949
81 WINTON GROUP Ltd 0.85% of their portfolio LONDON, X0 263,928263.9k $16.7m $16.7m 0.85% New
82 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 253,357253.4k $16.0m $16.0m 0.00% Reduced -137.7k -137,669
83 Woodline Partners LP 0.08% of their portfolio San Francisco, CA 253,000253.0k $16.0m $16.0m 0.08% New
84 Swiss National Bank 0.01% of their portfolio ZURICH, V8 250,600250.6k $15.8m $15.8m 0.01% Reduced -4.3k -4,300
85 SOROS FUND MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 250,000250.0k $15.8m $15.8m 0.27% New
86 CAPSTONE INVESTMENT ADVISORS, LLC 0.13% of their portfolio NEW YORK, NY 250,000250.0k $15.8m $15.8m 0.13% New
87 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 243,951244.0k $15.4m $15.4m 0.07% New
88 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 243,120243.1k $15.4m $15.4m 0.01% New
89 FourWorld Capital Management LLC 10.87% of their portfolio NEW YORK, NY 240,000240.0k $15.1m $15.1m 10.87% New
90 CAXTON ASSOCIATES LLP 0.39% of their portfolio LONDON, X0 240,000240.0k $15.1m $15.1m 0.39% New
91 Retirement Systems of Alabama 0.05% of their portfolio MONTGOMERY, AL 239,420239.4k $15.1m $15.1m 0.05% Reduced -124.1k -124,073
92 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 226,644226.6k $14.3m $14.3m 0.01% Added +53.3k +53,253
93 Meteora Capital, LLC 2.63% of their portfolio Boca Raton, FL 223,000223.0k $14.1m $14.1m 2.63% New
94 Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio Boston, MA 218,551218.6k $13.8m $13.8m 0.04% Added +202.9k +202,939
95 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 215,738215.7k $13.6m $13.6m 0.02% Reduced -505.9k -505,850
96 One Fin Capital Management LP 4.27% of their portfolio San Francisco, CA 200,000200.0k $12.6m $12.6m 4.27% New
97 SYQUANT CAPITAL SAS 3.85% of their portfolio PARIS, I0 183,934183.9k $11.6m $11.6m 3.85% New
98 Athos Capital Ltd 17.41% of their portfolio HONG KONG, K3 182,588182.6k $11.5m $11.5m 17.41% New
99 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 182,052182.1k $11.5m $11.5m 0.00% Reduced -426.0k -426,005
100 Jump Financial, LLC 0.14% of their portfolio Chicago, IL 181,877181.9k $11.5m $11.5m 0.14% New