SMITH & WESSON BRANDS INC SWBI
COM · Common Stock · CUSIP 831754106 · ISIN US8317541063
Manufacturer of firearms and BB guns in the United States
- SectorIndustrials
- IndustryOrdnance & Accessories, (No Vehicles/Guided Missiles)
- HeadquartersMaryville, TN
- Founded1852
- Websitesmith-wesson.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 207 |
| Q4 2022 | 194 |
| Q1 2023 | 169 |
| Q2 2023 | 164 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 80 | 95 |
| Q1 2023 | 74 | 89 |
| Q2 2023 | 55 | 64 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $12.5m | $12.6m | 1.01 |
| Q4 2022 | $5.3m | $10.1m | 1.89 |
| Q1 2023 | $9.2m | $10.0m | 1.09 |
| Q2 2023 | $10.1m | $10.7m | 1.06 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +894.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +305.1k |
| Fund 1 Investments, LLC | New | +208.4k |
| Empowered Funds, LLC | New | +171.4k |
| UBS Group AG | Added | +112.0k |
| DEPRINCE RACE & ZOLLO INC | Added | +103.7k |
| BANK OF MONTREAL /CAN/ | New | +99.6k |
| BlackRock Inc. | Added | +82.6k |
| CITADEL ADVISORS LLC | Added | +64.2k |
| Connor, Clark & Lunn Investment Management Ltd. | New | +55.9k |
Biggest sellers
| Cambria Investment Management, L.P. | Sold out | -472.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -107.8k |
| PEAK6 Investments LLC | Reduced | -102.4k |
| Nuveen Asset Management, LLC | Reduced | -88.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -55.5k |
| Balyasny Asset Management L.P. | Reduced | -50.5k |
| SEI INVESTMENTS CO | Sold out | -49.5k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -45.5k |
| Belpointe Asset Management LLC | Sold out | -37.5k |
| BARCLAYS PLC | Reduced | -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.
| Holder | Stake |
|---|---|
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% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-01-21 | 5.6% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $55.9k | 0 | — | — |
| Q1 2022 | 1 | $5.0k | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $78.2k | — |
| Q3 2022 | 0 | — | 1 | $79.3k | — |
| Q4 2022 | 0 | — | 1 | $108.4k | — |
| Q1 2023 | 0 | — | 1 | $84.4k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 2.5k $32.0k | Added +128 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 2.5k $32.0k | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 2.3k $30.5k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 2.3k $30.4k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 2.3k $30.2k | Reduced -1.1k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 2.0k $26.2k | Added +33 |
| CWM, LLC 0.00% of their portfolio | 2.0k $26.0k | Unchanged |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 1.6k $20.9k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.5k $20.2k | Unchanged |
| Rosenberg Matthew Hamilton 0.01% of their portfolio | 1.5k $19.5k | Unchanged |
| S.A. Mason LLC 0.01% of their portfolio | 1.5k $18.2k | Unchanged |
| Estabrook Capital Management 0.00% of their portfolio | 1.4k $17.6k | Unchanged |
| CAROLINAS WEALTH CONSULTING LLC 0.00% of their portfolio | 1.2k $15.5k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.1k $14.3k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.0k $13.3k | Reduced -213 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 1.0k $13.2k | Unchanged |
| ST GERMAIN D J CO INC 0.00% of their portfolio | 800 $10.4k | First filing |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 795 $10.4k | Added +560 |
| Cape Investment Advisory, Inc. 0.01% of their portfolio | 779 $10.2k | Unchanged |
| BARRETT & COMPANY, INC. 0.01% of their portfolio | 767 $10.0k | Unchanged |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 741 $9.7k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 704 $9.2k | Unchanged |
| TimeScale Financial, Inc. 0.00% of their portfolio | 576 $7.5k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 534 $7.0k | Unchanged |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 513 $6.8k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 461 $6.0k | Unchanged |
| Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio | 410 $4.8k | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 400 $5.0k | Unchanged |
| Lowe Wealth Advisors, LLC 0.00% of their portfolio | 400 $5.2k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 398 $5.2k | Unchanged |
| Tower View Wealth Management LLC 0.00% of their portfolio | 398 $5.0k | Unchanged |
| TSFG, LLC 0.00% of their portfolio | 342 $4.0k | Unchanged |
| Truvestments Capital LLC 0.00% of their portfolio | 310 $4.0k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 300 $3.9k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 300 $3.9k | Reduced -300 |
| RE Dickinson Investment Advisors, LLC 0.00% of their portfolio | 300 $4.0k | Unchanged |
| ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio | 300 $3.9k | Unchanged |
| Winch Advisory Services, LLC 0.00% of their portfolio | 288 $4.0k | Unchanged |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 260 $3.4k | New |
| Headlands Technologies LLC 0.00% of their portfolio | 258 $3.4k | New |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 200 $2.6k | Unchanged |
| HHM Wealth Advisors, LLC 0.00% of their portfolio | 200 $2.6k | Unchanged |
| Archer Investment Corp 0.00% of their portfolio | 200 $2.6k | Unchanged |
| Rise Advisors, LLC 0.00% of their portfolio | 169 $2.2k | Reduced -159 |
| Glassman Wealth Services 0.00% of their portfolio | 168 $2.2k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 165 $2.2k | Reduced -13.4k |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 137 $1.8k | Unchanged |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 100 $1.3k | Reduced -5 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 100 $1.3k | Reduced -1 |
| Prestige Wealth Management Group LLC 0.00% of their portfolio | 100 $1.3k | Unchanged |
| Focused Wealth Management, Inc 0.00% of their portfolio | 74 $970 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 70 $913 | New |
| Covestor Ltd 0.00% of their portfolio | 61 $1.0k | Reduced -313 |
| Nemes Rush Group LLC 0.00% of their portfolio | 60 $789 | First filing |
| HighMark Wealth Management LLC 0.00% of their portfolio | 50 $654 | Unchanged |
| Westside Investment Management, Inc. 0.00% of their portfolio | 35 $456 | Unchanged |
| Gradient Investments LLC 0.00% of their portfolio | 30 $391 | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 29 $379 | Unchanged |
| ICA Group Wealth Management, LLC 0.00% of their portfolio | 23 $306 | Unchanged |
| Clearview Wealth Advisors LLC 0.00% of their portfolio | 20 $261 | Unchanged |
| WR Wealth Planners, LLC 0.00% of their portfolio | 19 $248 | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 15 $196 | Unchanged |
| Sutton Wealth Advisors Inc. 0.00% of their portfolio | 9 $118 | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 1 $13 | Unchanged |