Vault-13

SMITH & WESSON BRANDS INC SWBI

COM · Common Stock · CUSIP 831754106 · ISIN US8317541063

Manufacturer of firearms and BB guns in the United States

164 institutional holders -5 vs Q1 2023
26,156,63926.2m shares reported held*
56.8% of all shares outstanding*
$341.1mreported value*
14 new 41 added 43 reduced 21 sold out net bought ≈ $17.0m (+1.3m 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 ($4.5m this quarter). Holder counts are more reliable. Shares outstanding: 46.1m as of 2023-06-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $13.04. Options: 11 managers hold calls ($10.1m notional), 10 hold puts ($10.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 207Q4 22: 194Q1 23: 169Q2 23: 164164Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022207
Q4 2022194
Q1 2023169
Q2 2023164

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 80 bought or addedQ4 22: 95 cut or sold outQ4 22Q1 23: 74 bought or addedQ1 23: 89 cut or sold outQ1 23Q2 23: 55 bought or addedQ2 23: 64 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228095
Q1 20237489
Q2 20235564

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $12.5mQ3 22 puts: $12.6mQ3 22P/C 1.01Q4 22 calls: $5.3mQ4 22 puts: $10.1mQ4 22P/C 1.89Q1 23 calls: $9.2mQ1 23 puts: $10.0mQ1 23P/C 1.09Q2 23 calls: $10.1mQ2 23 puts: $10.7mQ2 23P/C 1.06
Numbers
QuarterCallsPutsP/C
Q3 2022$12.5m$12.6m1.01
Q4 2022$5.3m$10.1m1.89
Q1 2023$9.2m$10.0m1.09
Q2 2023$10.1m$10.7m1.06

Biggest buyers

GOLDMAN SACHS GROUP INC Added +893,991+894.0k
DIMENSIONAL FUND ADVISORS LP Added +305,070+305.1k
Fund 1 Investments, LLC New +208,416+208.4k
Empowered Funds, LLC New +171,358+171.4k
UBS Group AG Added +111,976+112.0k
DEPRINCE RACE & ZOLLO INC Added +103,707+103.7k
BANK OF MONTREAL /CAN/ New +99,568+99.6k
BlackRock Inc. Added +82,622+82.6k
CITADEL ADVISORS LLC Added +64,250+64.2k
Connor, Clark & Lunn Investment Management Ltd. New +55,930+55.9k

Biggest sellers

Cambria Investment Management, L.P. Sold out -472,832-472.8k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Sold out -107,818-107.8k
PEAK6 Investments LLC Reduced -102,437-102.4k
Nuveen Asset Management, LLC Reduced -88,443-88.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -55,465-55.5k
Balyasny Asset Management L.P. Reduced -50,519-50.5k
SEI INVESTMENTS CO Sold out -49,482-49.5k
VICTORY CAPITAL MANAGEMENT INC Reduced -45,464-45.5k
Belpointe Asset Management LLC Sold out -37,532-37.5k
BARCLAYS PLC Reduced -28,310-28.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.7m286.0k shares
CITADEL ADVISORS LLC Added $2.6m202.5k shares
GROUP ONE TRADING LLC Added $1.5m112.6k shares
PEAK6 Investments LLC Added $701.6k53.8k shares
SIMPLEX TRADING, LLC Added $545.0k41.8k shares
WOLVERINE TRADING, LLC Added $512.2k38.8k shares
JANE STREET GROUP, LLC Reduced $200.8k15.4k shares
Walleye Trading LLC New $183.9k14.1k shares
Walleye Capital LLC New $150.0k11.5k shares
Cutler Group LLC / CA Reduced $1.0k1.9k shares

Biggest puts

PEAK6 Investments LLC Added $5.4m414.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.4m182.4k shares
CITADEL ADVISORS LLC Reduced $1.8m138.7k shares
JANE STREET GROUP, LLC Added $352.1k27.0k shares
SIMPLEX TRADING, LLC Reduced $319.0k24.5k shares
GROUP ONE TRADING LLC Added $207.3k15.9k shares
WOLVERINE TRADING, LLC Reduced $186.1k14.1k shares
Walleye Trading LLC New $52.2k4.0k shares
Cutler Group LLC / CA Added $1.0k2.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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
JDH Capital I, L.P. 13D · may seek influence new · filed 2026-10-28
Stated purposeMergers On October 21, 2026 (the "Closing Date"), the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") by and among the Issuer, Tristar Merger Sub, LLC, a wholly owned subsidiary of the Issuer ("Merger Sub"), Long Range Intermediate LLC ("Savage"), and Savarms, L.P. ("Seller"), a wholly owned subsidiary of JDH Capital I, L.P., and concurrently consummated the transactions contemplated thereby (the "Closing"). Pursuant to the Merger Agreement, (i) Merger Sub merged with and into Savage, with Savage surviving such merger as a wholly owned subsidiary of the Issuer, and (ii) immediately thereafter, and as part of an integrated plan, Savage merged with and into the Issuer, with the Issuer surviving such merger (the mergers described by the foregoing clauses (i) and… Full filing
16.7% new 9.0m≈ $123.6m 2026-10-28
DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-01-21 5.6% 2.5m≈ $37.2m 2026-01-21

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), RENAISSANCE TECHNOLOGIES LLC (4.9%, 2026-02-12)

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 2 buyingQ4 21: 0 sellingQ4 21Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 1 sellingQ2 22Q3 22: 0 buyingQ3 22: 1 sellingQ4 22: 0 buyingQ4 22: 1 sellingQ4 22Q1 23: 0 buyingQ1 23: 1 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20212$55.9k0——
Q1 20221$5.0k0——
Q2 20220—1$78.2k—
Q3 20220—1$79.3k—
Q4 20220—1$108.4k—
Q1 20230—1$84.4k—
Q2 20230—0——

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
101 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 2,4772.5k $32.0k $32.0k 0.00% Added +128 +128
102 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 2,4532.5k $32.0k $32.0k 0.00% Unchanged
103 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 2,3362.3k $30.5k $30.5k 0.00% Unchanged
104 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 2,3352.3k $30.4k $30.4k 0.00% Unchanged
105 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,3182.3k $30.2k $30.2k 0.00% Reduced -1.1k -1,065
106 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2,0132.0k $26.2k $26.2k 0.00% Added +33 +33
107 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,9952.0k $26.0k $26.0k 0.00% Unchanged
108 BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio Marion, MA 1,6001.6k $20.9k $20.9k 0.00% Unchanged
109 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,5481.5k $20.2k $20.2k 0.00% Unchanged
110 Rosenberg Matthew Hamilton 0.01% of their portfolio GRAND JUNCTION, CO 1,4971.5k $19.5k $19.5k 0.01% Unchanged
111 S.A. Mason LLC 0.01% of their portfolio HOLLAND, MI 1,4751.5k $18.2k $18.2k 0.01% Unchanged
112 Estabrook Capital Management 0.00% of their portfolio NEW YORK, NY 1,3501.4k $17.6k $17.6k 0.00% Unchanged
113 CAROLINAS WEALTH CONSULTING LLC 0.00% of their portfolio CHARLOTTE, NC 1,1881.2k $15.5k $15.5k 0.00% Unchanged
114 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1001.1k $14.3k $14.3k 0.00% Unchanged
115 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,0191.0k $13.3k $13.3k 0.00% Reduced -213 -213
116 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,0101.0k $13.2k $13.2k 0.00% Unchanged
117 ST GERMAIN D J CO INC 0.00% of their portfolio SPRINGFIELD, MA 800800 $10.4k $10.4k 0.00% First filing
118 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 795795 $10.4k $10.4k 0.00% Added +560 +560
119 Cape Investment Advisory, Inc. 0.01% of their portfolio MCDONOUGH, GA 779779 $10.2k $10.2k 0.01% Unchanged
120 BARRETT & COMPANY, INC. 0.01% of their portfolio PROVIDENCE, RI 767767 $10.0k $10.0k 0.01% Unchanged
121 SOA Wealth Advisors, LLC. 0.00% of their portfolio NEW YORK, NY 741741 $9.7k $9.7k 0.00% Unchanged
122 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 704704 $9.2k $9.2k 0.00% Unchanged
123 TimeScale Financial, Inc. 0.00% of their portfolio DANVERS, MA 576576 $7.5k $7.5k 0.00% Unchanged
124 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 534534 $7.0k $7.0k 0.00% Unchanged
125 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 513513 $6.8k $6.8k 0.00% New
126 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 461461 $6.0k $6.0k 0.00% Unchanged
127 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 410410 $4.8k $4.8k 0.00% Unchanged
128 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 400400 $5.0k $5.0k 0.00% Unchanged
129 Lowe Wealth Advisors, LLC 0.00% of their portfolio COLUMBIA, MD 400400 $5.2k $5.2k 0.00% Unchanged
130 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 398398 $5.2k $5.2k 0.00% Unchanged
131 Tower View Wealth Management LLC 0.00% of their portfolio SHOREWOOD, WI 398398 $5.0k $5.0k 0.00% Unchanged
132 TSFG, LLC 0.00% of their portfolio LAKE FOREST, IL 342342 $4.0k $4.0k 0.00% Unchanged
133 Truvestments Capital LLC 0.00% of their portfolio SARASOTA, FL 310310 $4.0k $4.0k 0.00% Unchanged
134 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 300300 $3.9k $3.9k 0.00% Unchanged
135 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 300300 $3.9k $3.9k 0.00% Reduced -300 -300
136 RE Dickinson Investment Advisors, LLC 0.00% of their portfolio COUNCIL BLUFFS, IA 300300 $4.0k $4.0k 0.00% Unchanged
137 ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio NEEDHAM, MA 300300 $3.9k $3.9k 0.00% Unchanged
138 Winch Advisory Services, LLC 0.00% of their portfolio Appleton, WI 288288 $4.0k $4.0k 0.00% Unchanged
139 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 260260 $3.4k $3.4k 0.00% New
140 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 258258 $3.4k $3.4k 0.00% New
141 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 200200 $2.6k $2.6k 0.00% Unchanged
142 HHM Wealth Advisors, LLC 0.00% of their portfolio CHATTANOOGA, TN 200200 $2.6k $2.6k 0.00% Unchanged
143 Archer Investment Corp 0.00% of their portfolio Carmel, IN 200200 $2.6k $2.6k 0.00% Unchanged
144 Rise Advisors, LLC 0.00% of their portfolio ROCHESTER, NY 169169 $2.2k $2.2k 0.00% Reduced -159 -159
145 Glassman Wealth Services 0.00% of their portfolio VIENNA, VA 168168 $2.2k $2.2k 0.00% Unchanged
146 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 165165 $2.2k $2.2k 0.00% Reduced -13.4k -13,378
147 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 137137 $1.8k $1.8k 0.00% Unchanged
148 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 100100 $1.3k $1.3k 0.00% Reduced -5 -5
149 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 100100 $1.3k $1.3k 0.00% Reduced -1 -1
150 Prestige Wealth Management Group LLC 0.00% of their portfolio FLEMINGTON, NJ 100100 $1.3k $1.3k 0.00% Unchanged
151 Focused Wealth Management, Inc 0.00% of their portfolio Newburgh, NY 7474 $970 $970 0.00% Unchanged
152 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 7070 $913 $913 0.00% New
153 Covestor Ltd 0.00% of their portfolio LONDON, X0 6161 $1.0k $1.0k 0.00% Reduced -313 -313
154 Nemes Rush Group LLC 0.00% of their portfolio NOVI, MI 6060 $789 $789 0.00% First filing
155 HighMark Wealth Management LLC 0.00% of their portfolio ST. PAUL, MN 5050 $654 $654 0.00% Unchanged
156 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 3535 $456 $456 0.00% Unchanged
157 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 3030 $391 $391 0.00% Unchanged
158 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 2929 $379 $379 0.00% Unchanged
159 ICA Group Wealth Management, LLC 0.00% of their portfolio DENVER, CO 2323 $306 $306 0.00% Unchanged
160 Clearview Wealth Advisors LLC 0.00% of their portfolio SALEM, OR 2020 $261 $261 0.00% Unchanged
161 WR Wealth Planners, LLC 0.00% of their portfolio COLUMBIA, MO 1919 $248 $248 0.00% Unchanged
162 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1515 $196 $196 0.00% Unchanged
163 Sutton Wealth Advisors Inc. 0.00% of their portfolio TAMPA, FL 99 $118 $118 0.00% Unchanged
164 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 11 $13 $13 0.00% Unchanged