Hood River discloses 5.07% Camping World (NYSE: CWH) ownership stake

Rhea-AI Filing Summary

Camping World Holdings, Inc. received an amended Schedule 13G filing showing that Hood River Capital Management LLC is a passive institutional holder of its common stock. As of 12/31/2025, Hood River reported beneficial ownership of 3,185,403 shares, representing 5.07% of the outstanding common stock.

The firm reports no voting power over these shares but has sole dispositive power, meaning it can decide when to sell them. Hood River certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Camping World.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Camping World Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

13462K109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 13462K109

1

Names of Reporting Persons

Hood River Capital Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,185,403.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,185,403.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.07 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Camping World Holdings, Inc.
(b)	Address of issuer's principal executive offices: 2 Marriott Drive, Lincolnshire, IL, 60069
Item 2.
(a)	Name of person filing: Hood River Capital Management LLC
(b)	Address or principal business office or, if none, residence: 2373 PGA Blvd., Suite 200, Palm Beach Gardens, FL 33410
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 13462K109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,185,403
(b)	Percent of class: 5.07 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3,185,403
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Hood River Capital Management LLC

Signature:	/s/ Robert Schmaltz
Name/Title:	CCO, COO
Date:	02/03/2026

FAQ

What percentage of Camping World (CWH) shares does Hood River Capital own?

Hood River Capital Management LLC beneficially owns 5.07% of Camping World’s common stock. The filing reports ownership of 3,185,403 shares of common stock as of December 31, 2025, crossing the 5% threshold that triggers Schedule 13G reporting.

How many Camping World (CWH) shares are reported in Hood River’s Schedule 13G/A?

Hood River reports beneficial ownership of 3,185,403 Camping World common shares. This stake represents 5.07% of the company’s outstanding common stock as of December 31, 2025, according to the amended Schedule 13G filing.

Does Hood River Capital have voting power over its Camping World (CWH) shares?

Hood River reports no voting power over its Camping World shares. The Schedule 13G/A shows zero sole or shared voting power, but sole dispositive power over 3,185,403 shares, meaning it can decide when to sell but not how the shares are voted.

Is Hood River Capital’s Camping World (CWH) stake intended to influence control?

No, Hood River certifies the stake is not for influencing control. The firm states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Camping World.

What type of filing did Hood River submit for its Camping World (CWH) position?

Hood River filed an amended Schedule 13G (Schedule 13G/A). This filing type is used by certain institutional or passive investors who exceed 5% ownership, indicating a non-control, ordinary-course investment in Camping World’s common stock.

Who signed the Hood River Schedule 13G/A for Camping World (CWH)?

The filing was signed by Robert Schmaltz, CCO and COO of Hood River. His signature certifies that, to the best of his knowledge and belief, the reported ownership information and the passive investment intent statements are true, complete, and correct.