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Amer Sports (AS): which funds own it

Consumer Discretionary →Data as of Jun 30, 2026 (Q2 2026) · updated on Nov 5, 2026

A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.

Sections with a free account

12 concentrated managers hold it (+1 vs last quarter) with a median weight of 2.9%.

Who owns Amer Sports?

Holders reporting more than 5% of the shares to the SEC (Schedules 13D/13G): HSBC Holdings, 42.0% (13G/A filed May 14, 2025), Dennis J. Wilson, 18.0% (13D/A filed Aug 26, 2025) and FountainVest China Capital Partners GP3, 6.1% (13D/A filed Jun 2, 2025). As of Jun 30, 2026, the largest holders reported on Form 13F were FountainVest China Capital Partners GP3 (6.1% of the shares), FMR (4.9%) and Point72 Asset Management (1.7%).

Which institutions hold the most Amer Sports shares?

Per Form 13F filings as of Jun 30, 2026, as a share of all shares outstanding:

  1. 1. FountainVest China Capital Partners GP3: 6.1%
  2. 2. FMR: 4.9%
  3. 3. Point72 Asset Management: 1.7%
  4. 4. Aspex Management (HK): 1.5%
  5. 5. Westfield Capital Management: 1.1%
  6. 6. Viking Global Investors: 1.1%
  7. 7. Wace, Llp Marshall: 1.0%
  8. 8. BlackRock: 0.9%
  9. 9. D. E. Shaw: 0.8%
  10. 10. Morgan Stanley: 0.7%

How much of Amer Sports do institutions own?

The 352 institutions that file 13F reported 37.9% of the shares as of Jun 30, 2026.

Sources:13G/A by HSBC Holdings (May 14, 2025) ↗13D/A by Dennis J. Wilson (Aug 26, 2025) ↗13D/A by FountainVest China Capital Partners GP3 (Jun 2, 2025) ↗All of the company's proxy statements on EDGAR ↗

13F percentages divide the shares each institution reports by the shares outstanding on the cover of the company's latest report before the quarter end (Dec 31, 2025). Entities of the same group file separately and are not added up. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.

Amer Sports revenue

Amer Sports reported annual revenue of $6.57 billion for fiscal year 2025 (year ended December 31, 2025), according to its Form 20-F filed with the SEC (XBRL data).

Well-known investors holding it

Andreas Halvorsen 13F (Q2 2026)George Soros 13F (Q2 2026)

Concentrated managers
12
All 13F: 352
Consensus
54/100
across 12 concentrated managersRanks by accumulation, portfolio weight and number of managers; it does not say more are buying than selling.
Price at Jun 30, 2026 (per 13F)
$33.84
+2.8% in the quarter · reported value ÷ shares, not the quote · See current quote ↗

Quarter flow (concentrated managers)

Change in managers (11 → 12): 2 opened · 2 exited · 1 more with no comparable data = +1

“No comparable data”: managers whose previous-quarter portfolio we cannot compare (first 13F, or they did not file that quarter), plus spin-offs and corporate exits (mergers, delistings). They change the count without being a clean buy or sale. It is a net figure: “more” when more of them enter the count than leave it, “fewer” when it is the other way round. Here: 1 entered with no comparable quarter.

Net flow in the quarter: −$45.0M (−1.3 M shares) · bought $53.7M and sold $98.8MShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.

The set of concentrated managers changed between quarters: with the set as it was then, 9 held it last quarter (the chart point); with today's set, 11 (the base for the change).

Concentrated managers holding it

Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.

Other relevant holders

Filers with $100M or more in the stock that do not count as concentrated managers because of their type: they are left out of the counts, the consensus and the accumulation.

Largest holders of AS (all 13F filers)

The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.

Held by institutions (13F)

Institutions (13F): 37.9% of the shares · top 10: 19.9% · in index firms: 4.3% of the institutional total

Share of the stock held by 13F filers

Q2 2026: 37.9%

37.9%22.0%
Q1 2024Q2 2026

Shares reported by the 352 13F filers as of Jun 30, 2026, divided by the shares outstanding on the cover of the company's latest report (Dec 31, 2025). It is not all institutional ownership: only managers above $100M file a 13F, and it excludes short positions. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. We only publish it where the figure is credible: not for ADRs, companies with more than one share class or stale shares-outstanding data.

Fundamentals

Fiscal 2025 figures (annual report on Form 20-F, IFRS accounting standards) · balance sheet as of Dec 31, 2025.

Profitability
Operating margin
10.7%
Net margin
6.5%
ROE
7.4%
Growth
Revenue (TTM)
$6.6 bn
Revenue growth
26.7%
Net income (TTM)
$427M
Balance sheet
Net debt / EBITDA
1.0x
Free cash flow (TTM)
$513M
Quality vs sector
—

Figures come from the latest annual report: we do not compare them with its sector's, which are 12-month figures to the latest quarter. Debt includes leases: under IFRS 16 they are all on the balance sheet and their cost sits outside EBITDA.

Figures from the statements the company filed with the SEC (20-F). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated

Shares outstanding: buybacks and dilution

Diluted shares by fiscal year (split-adjusted)

2025: 563.1 M

563.1 M0
20232025
1 year
+12.2%
3 years
no data
5 years
no data
Buybacks (FY 2025)
no data
Share issuance
$0
Stock-based compensation
$37.2M0.6% of revenue
Dividends paid
no data

From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.

Earnings quality and debt

Operating cash flow ÷ net income (12 months)
1.71
Interest coverage (operating income ÷ interest)
7.2 timesfiscal 2025
Debt due within 12 months
$300M0.46 times cash and investments

From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.

Insiders (Form 4)

Officers and directors who bought (6 m)
0
Amount (6 m)
$0
CEO/CFO bought (12 m)
No

10% owners who bought (6 m): 0

Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.

Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →

Above 5% (13D/13G)

Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.

This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.

Above 5% over time (13D/13G)

Each holder with its filings in order. History since December 2024.

This company filed no 8-K forms in the last year. Foreign companies listed in the US (ADRs) report material events on forms 6-K and 20-F, and ETFs and funds do not file 8-Ks. If it is a foreign company listed in the US through ADRs (American Depositary Receipts), what trades are bank-issued certificates that represent shares from its home market. See its filings on EDGAR ↗

Other Consumer Discretionary stocks in managers' portfolios

Same sector and a similar number of concentrated managers holding them. It is a list to keep exploring, not a recommendation.

All of Consumer Discretionary →

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