FMR/Abigail Johnson Hold 14.9% of SPWH; Fidelity Fund 10.0%
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson reported beneficial ownership of 5,717,749.53 shares of Sportmans Warehouse Holdings, Inc. common stock, equal to 14.9% of the outstanding class as of 09/30/2025. The filing shows Fidelity Tactical High Income Fund holds 3,843,107 shares, or 10.0% of the company. FMR LLC discloses sole voting power of 5,710,805 shares and sole dispositive power of 5,717,749.53 shares. The statement certifies the holdings were acquired in the ordinary course of business and not for the purpose of changing control. Signatures by an authorized representative were dated 10/06/2025.
Positive
- Material stake disclosed: FMR LLC reports 14.9% ownership, providing transparency on large-holder positions
- Single-fund clarity: Fidelity Tactical High Income Fund ownership of 10.0% is explicitly identified
Negative
- Concentrated exposure: A single Fidelity fund holds 10.0%, which could amplify trading impact around major corporate events
- Passive filing only: The Schedule 13G classification signals no intent to influence control, but any change in intent would trigger more burdensome disclosure
Insights
Fidelity holds a material 14.9% position in SPWH, driven partly by a single fund's 10.0% stake.
FMR LLC reports beneficial ownership of 5,717,749.53 shares, representing 14.9% of the class as of 09/30/2025. The filing lists sole voting and dispositive powers concentrated within the reporting entity, which implies control over voting decisions on routine corporate matters.
The Fidelity Tactical High Income Fund account holds 3,843,107 shares (10.0%), a sizeable single‑fund exposure that could affect block trading liquidity and be monitored around quarterly reporting dates and any corporate actions within the next 90 days.
The Schedule 13G/A indicates passive investor status with certification the stake is not intended to change control.
The filing is made under the Schedule 13G framework and includes a certification that the holdings were acquired and are held in the ordinary course of business, not to influence control. Signatures and referenced powers of attorney are provided with signature dated 10/06/2025.
Investors should note the filing mechanics: the reported percentages and the exhibit reference for a 13d-1(k)(1) agreement; any change in intent or aggregation would require different disclosure status in future filings, typically within 45 days of event-driven changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.