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 ($1.0m this quarter). Holder counts are more reliable. Shares outstanding: 45.6m as of 2024-06-18, 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 ≈ $14.34. Options: 11 managers hold calls ($14.6m notional), 11 hold puts ($13.8m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 207 |
| Q4 2022 | 194 |
| Q1 2023 | 169 |
| Q2 2023 | 164 |
| Q3 2023 | 170 |
| Q4 2023 | 179 |
| Q1 2024 | 184 |
| Q2 2024 | 194 |
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 |
| Q3 2023 | 77 | 64 |
| Q4 2023 | 88 | 63 |
| Q1 2024 | 84 | 69 |
| Q2 2024 | 93 | 77 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $22.7m | $6.3m | 0.28 |
| Q4 2023 | $22.7m | $13.4m | 0.59 |
| Q1 2024 | $24.8m | $12.7m | 0.51 |
| Q2 2024 | $14.6m | $13.8m | 0.94 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +420.7k |
| MILLENNIUM MANAGEMENT LLC | New | +303.6k |
| MARSHALL WACE, LLP | New | +287.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +230.5k |
| Qube Research & Technologies Ltd | New | +205.6k |
| Dynamic Technology Lab Private Ltd | New | +154.6k |
| BANK OF AMERICA CORP /DE/ | Added | +138.4k |
| Cubist Systematic Strategies, LLC | Added | +122.1k |
| Trexquant Investment LP | New | +117.3k |
| TUDOR INVESTMENT CORP ET AL | Added | +90.2k |
Biggest sellers
| UBS Group AG | Reduced | -1.8m |
| MORGAN STANLEY | Reduced | -819.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -327.4k |
| JPMORGAN CHASE & CO | Reduced | -178.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -141.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -115.8k |
| Campbell & CO Investment Adviser LLC | Sold out | -113.9k |
| VANGUARD GROUP INC | Reduced | -112.0k |
| AMH Equity Ltd | Sold out | -100.0k |
| Russell Investments Group, Ltd. | Reduced | -98.1k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | Reduced | $3.0m210.7k shares |
| Squarepoint Ops LLC | Unchanged | $2.4m165.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.0m138.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m113.0k shares |
| CITADEL ADVISORS LLC | Added | $1.6m109.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.3m88.5k shares |
| IMC-Chicago, LLC | Added | $1.2m80.5k shares |
| Walleye Capital LLC | Added | $691.2k48.2k shares |
| Walleye Trading LLC | Reduced | $631.0k44.0k shares |
| WOLVERINE TRADING, LLC | New | $334.1k23.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.5m247.5k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $3.0m210.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.9m205.6k shares |
| Squarepoint Ops LLC | Unchanged | $1.4m94.2k shares |
| Walleye Capital LLC | New | $1.3m90.5k shares |
| IMC-Chicago, LLC | New | $883.3k61.6k shares |
| JANE STREET GROUP, LLC | Reduced | $272.5k19.0k shares |
| WOLVERINE TRADING, LLC | New | $219.4k15.3k shares |
| GROUP ONE TRADING LLC | Reduced | $205.1k14.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $81.0k5.7k 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 2024
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 2022 | 0 | — | 1 | $79.3k | — |
| Q4 2022 | 0 | — | 1 | $108.4k | — |
| Q1 2023 | 0 | — | 1 | $84.4k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $83.0k | $83.0k |
| Q1 2024 | 0 | — | 2 | $317.6k | $89.1k |
| Q2 2024 | 0 | — | 1 | $29.6k | $29.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | SCOTT ROBERT L Director | Sold plan | $29.6k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| EMC Capital Management 0.11% of their portfolio | 13.7k $196.0k | Unchanged |
| Leonteq Securities AG 0.03% of their portfolio | 13.2k $189.4k | Reduced -5.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 13.1k $188.0k | Reduced -14.5k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 12.9k $185.0k | Reduced -6.2k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 12.7k $182.7k | Added +200 |
| Versor Investments LP 0.03% of their portfolio | 12.5k $179.7k | Reduced -3.4k |
| PENOBSCOT WEALTH MANAGEMENT 0.10% of their portfolio | 11.7k $164.0k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 11.3k $162.2k | Added +10.7k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 10.8k $154.4k | Reduced -901 |
| TrueMark Investments, LLC 0.05% of their portfolio | 10.4k $148.7k | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 10.3k $148.1k | Added +4 |
| Cornerstone Investment Partners, LLC 0.01% of their portfolio | 10.3k $147.5k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 10.1k $144.3k | New |
| Kingsview Wealth Management, LLC 0.00% of their portfolio | 10.0k $143.9k | Reduced -247 |
| MAIRS & POWER INC 0.00% of their portfolio | 10.0k $143.4k | Unchanged |
| nVerses Capital, LLC 0.08% of their portfolio | 9.1k $130.5k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 7.9k $114.0k | Reduced -7.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 5.8k $82.8k | Unchanged |
| FMR LLC 0.00% of their portfolio | 5.5k $79.6k | Reduced -561 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 4.7k $67.0k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 4.5k $64.7k | Unchanged |
| Quarry LP 0.01% of their portfolio | 4.3k $61.0k | Added +4.2k |
| Point72 (DIFC) Ltd 0.01% of their portfolio | 4.1k $58.7k | New |
| Kelly Financial Services LLC 0.02% of their portfolio | 3.1k $44.0k | Added +8 |
| Aquatic Capital Management LLC 0.00% of their portfolio | 2.6k $37.3k | Reduced -8.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 2.4k $34.0k | Reduced -68 |
| CWM, LLC 0.00% of their portfolio | 2.3k $33.0k | Added +118 |
| Blue Trust, Inc. 0.00% of their portfolio | 2.1k $37.0k | Added +1.6k |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.9k $26.9k | Added +1.0k |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 1.9k $26.5k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 1.8k $25.8k | Reduced -1.1k |
| Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio | 1.8k $25.4k | Added +647 |
| AMALGAMATED BANK 0.00% of their portfolio | 1.7k $24.0k | Unchanged |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 1.6k $22.5k | Added +11 |
| IFP Advisors, Inc 0.00% of their portfolio | 1.6k $22.2k | Added +200 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.5k $22.2k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 1.5k $21.5k | Unchanged |
| Rosenberg Matthew Hamilton 0.01% of their portfolio | 1.5k $21.2k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 1.4k $20.3k | Reduced -117 |
| Estabrook Capital Management 0.00% of their portfolio | 1.4k $19.4k | Unchanged |
| Byrne Asset Management LLC 0.01% of their portfolio | 1.3k $19.2k | New |
| INNEALTA CAPITAL, LLC 0.01% of their portfolio | 1.2k $17.9k | New |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.1k $15.6k | Added +794 |
| Allworth Financial LP 0.00% of their portfolio | 1.1k $16.1k | Added +92 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 1.0k $14.5k | Unchanged |
| CENTRAL TRUST Co 0.00% of their portfolio | 1.0k $14.3k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 740 $10.6k | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 724 $10.0k | Unchanged |
| Peoples Bank/KS 0.01% of their portfolio | 700 $10.0k | Unchanged |
| Fortis Group Advisors, LLC 0.00% of their portfolio | 674 $9.7k | Unchanged |
| JAMISON PRIVATE WEALTH MANAGEMENT, INC. 0.00% of their portfolio | 539 $7.7k | Added +3 |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 530 $7.6k | Reduced -375 |
| GAMMA Investing LLC 0.00% of their portfolio | 520 $7.5k | Added +117 |
| Pathway Financial Advisers, LLC 0.00% of their portfolio | 516 $7.4k | Added +5 |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 505 $7.2k | First filing |
| Parallel Advisors, LLC 0.00% of their portfolio | 466 $6.7k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 433 $6.0k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 350 $5.0k | Added +200 |
| TSFG, LLC 0.00% of their portfolio | 342 $5.0k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 300 $4.2k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 300 $4.3k | Reduced -101 |
| RE Dickinson Investment Advisors, LLC 0.00% of their portfolio | 300 $4.3k | Unchanged |
| ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio | 300 $4.3k | Unchanged |
| Winch Advisory Services, LLC 0.00% of their portfolio | 298 $4.3k | Added +2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 243 $3.5k | Reduced -139 |
| BARRETT & COMPANY, INC. 0.00% of their portfolio | 235 $3.4k | Unchanged |
| Gradient Investments LLC 0.00% of their portfolio | 230 $3.3k | Added +200 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 224 $3.2k | New |
| Archer Investment Corp 0.00% of their portfolio | 203 $2.9k | Added +1 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 120 $1.7k | Unchanged |
| ST GERMAIN D J CO INC 0.00% of their portfolio | 100 $1.4k | Reduced -700 |
| MATHER GROUP, LLC. 0.00% of their portfolio | 100 $1.7k | New |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 100 $1.4k | Unchanged |
| Global Trust Asset Management, LLC 0.00% of their portfolio | 100 $1.4k | New |
| Annis Gardner Whiting Capital Advisors, LLC 0.00% of their portfolio | 100 $1.6k | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 99 $1.4k | Added +44 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 91 $1.5k | Reduced -70 |
| ICA Group Wealth Management, LLC 0.00% of their portfolio | 83 $1.2k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 80 $1.1k | Unchanged |
| Householder Group Estate & Retirement Specialist, LLC 0.00% of their portfolio | 77 $1.0k | Unchanged |
| Rise Advisors, LLC 0.00% of their portfolio | 72 $1.0k | Unchanged |
| Nemes Rush Group LLC 0.00% of their portfolio | 52 $742 | Reduced -10 |
| HighMark Wealth Management LLC 0.00% of their portfolio | 50 $720 | Unchanged |
| Westside Investment Management, Inc. 0.00% of their portfolio | 35 $502 | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 29 $416 | Unchanged |
| Vermillion & White Wealth Management Group, LLC 0.00% of their portfolio | 23 $336 | Unchanged |
| WR Wealth Planners, LLC 0.00% of their portfolio | 19 $272 | Unchanged |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 17 $251 | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 15 $215 | Unchanged |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 10 $139 | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 9 $0 | Reduced -4 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 6 $85 | Unchanged |
| American Capital Advisory, LLC 0.00% of their portfolio | 2 $28 | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 1 $14 | Unchanged |