Alua Capital Management LP Acquires Over 1.2 Million Shares in Wolverine World Wide

The investment firm now owns 1.48% of the textile maker's stock.

Mar. 15, 2026 at 8:54am

Got story updates? Submit your updates here. ›

Alua Capital Management LP has acquired a new position in shares of Wolverine World Wide, Inc. (NYSE:WWW), purchasing 1,211,040 shares valued at approximately $33.2 million. This represents 1.48% ownership of the textile maker's stock, making it Alua Capital's 16th largest holding.

Why it matters

The significant stake acquired by Alua Capital in Wolverine World Wide suggests the investment firm sees potential in the company's portfolio of casual, active and performance lifestyle brands, which include well-known names like Merrell, Saucony, Sperry and Hush Puppies. This investment could signal confidence in Wolverine World Wide's future growth prospects.

The details

According to a regulatory filing, Alua Capital Management LP acquired the 1,211,040 shares of Wolverine World Wide during the third quarter. The textile maker's stock is currently trading around $16 per share, giving the position a value of approximately $33.2 million. Wolverine World Wide has a diverse portfolio of footwear and apparel brands that span multiple price points and consumer segments.

Alua Capital Management LP acquired the shares during the third quarter of the most recent reporting period.

The players