undamentalytics Newsletter

Duluth Holdings Inc.: which funds bought and sold

Institutions that bought and sold Duluth shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 26 institutions that filed 13F reports for both quarters added to or opened positions in Duluth, and 28 cut or closed them. Together they added a net 391K shares, +7.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 327K shares (+79.0%); index fund managers were net sellers of 36K shares (−2.5%). 11 opened a new position and 8 sold out entirely.

Bought, Q2 2026 26 institutions, 11 of them new holders Sold, Q2 2026 28 institutions, 8 of them sold out
Net change, all compared +391K shares (+7.2%)
Net change, active managers +327K shares (+79.0%), 10 bought, 2 sold

Buyers versus sellers

institutions compared, 68
Active managers and hedge funds 10 bought · 2 sold · +327K
Index fund managers 2 bought · 3 sold · −36K
Other institutions 14 bought · 23 sold · +100K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Informed Momentum Co LLC +230K New position 230K $1M
Acadian Asset Management LLC Active manager +174K +462.0% 212K $945,000
Renaissance Technologies LLC Hedge fund +89K New position 89K $398,272
Connor, Clark & Lunn Investment Management Ltd. +48K +20.0% 288K $1.3M
Yarger Wealth Strategies, LLC +43K +131.3% 75K $302,141
Susquehanna International Group, LLP +27K +202.0% 40K $179,684
Composition Wealth, LLC +27K New position 27K $119,450
Squarepoint Ops LLC Hedge fund +24K New position 24K $108,125
Quadrature Capital Ltd Hedge fund +24K New position 24K $107,085
Centiva Capital, LP Hedge fund +17K +48.1% 54K $240,303
Point72 Asset Management, L.P. Hedge fund +17K New position 17K $77,768
Virtu Financial LLC +17K New position 17K $77,000
Arrowstreet Capital, Limited Partnership Hedge fund +15K +27.2% 71K $319,352
Bridgeway Capital Management, LLC Active manager +14K +9.2% 170K $762,850
Simplex Trading, LLC +11K +433.1% 13K $59,015
Axq Capital, LP +11K New position 11K $47,443
Vanguard Capital Management LLC Index funds +7,536 +1.2% 655K $2.9M
Gsa Capital Partners LLP +7,046 +14.1% 57K $256,000
FMR LLC Active manager +4,956 New position 4,956 $22,203
Financial Management Professionals, Inc. +3,449 New position 3,449 $15,452

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Blair William & Co −63K −55.3% 51K $227,360
HRT Financial LP −47K Sold out 0 —
Sei Investments Co −45K −12.4% 318K $1.4M
Citadel Advisors LLC Hedge fund −42K −64.9% 23K $102,431
Jane Street Group, LLC −42K −40.2% 62K $277,527
Tieton Capital Management, LLC −21K −2.8% 727K $3.3M
Geode Capital Management, LLC Index funds −20K −10.8% 167K $748,061
Dimensional Fund Advisors LP −18K −3.2% 563K $2.5M
Northern Trust Corp Index funds −16K −30.7% 35K $158,193
Brave Asset Management Inc −14K Sold out 0 —
Xtx Topco Ltd −14K Sold out 0 —
Qube Research & Technologies Ltd Hedge fund −12K Sold out 0 —
Fruth Investment Management −12K Sold out 0 —
Barclays PLC −12K −21.0% 44K $197,743
International Assets Investment Management, LLC −11K Sold out 0 —
Goldman Sachs Group Inc −9,329 −8.5% 101K $452,489
Blackrock, Inc. Index funds −8,361 −2.2% 375K $1.7M
Taylor & Morgan Wealth Management, LLC −7,000 −14.0% 43K $192,640
Jpmorgan Chase & Co −6,144 Sold out 0 —
Caitong International Asset Management Co., Ltd −2,010 −88.8% 253 $1,133

New positions

largest by value
InstitutionSharesValue June 30, 2026
Informed Momentum Co LLC 230K $1M
Renaissance Technologies LLCHedge fund 89K $398,272
Composition Wealth, LLC 27K $119,450
Squarepoint Ops LLCHedge fund 24K $108,125
Quadrature Capital LtdHedge fund 24K $107,085
Point72 Asset Management, L.P.Hedge fund 17K $77,768
Virtu Financial LLC 17K $77,000
Axq Capital, LP 11K $47,443
FMR LLCActive manager 4,956 $22,203
Financial Management Professionals, Inc. 3,449 $15,452

Sold out

largest by value
InstitutionSharesValue March 31, 2026
HRT Financial LP 47K $149,000
Brave Asset Management Inc 14K $44,240
Xtx Topco Ltd 14K $42,925
Qube Research & Technologies LtdHedge fund 12K $38,915
Fruth Investment Management 12K $38,000
International Assets Investment Management, LLC 11K $35,112
Jpmorgan Chase & Co 6,144 $17,756
Northwestern Mutual Wealth Management Co 219 $692

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
60
Ten largest holders
73.8%
of 13F-reported shares
Index fund managers
23.8%
of 13F-reported shares
Active managers and hedge funds
12.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 10 2 6 1 +327K +79.0%
Index fund managers 2 3 0 0 −36K −2.5%
Other institutions 14 23 5 7 +100K +2.8%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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