Fisher Asset Management Trims Stake in DICK'S Sporting Goods

Hedge fund reduces position in sporting goods retailer by 4.1% in Q3

Published on Mar. 4, 2026

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Fisher Asset Management LLC, a major institutional investor, reduced its stake in DICK'S Sporting Goods, Inc. (NYSE:DKS) by 4.1% in the third quarter of 2026, according to a regulatory filing. The firm now owns approximately 225,576 shares of the sporting goods retailer, valued at around $50.1 million.

Why it matters

DICK'S Sporting Goods is one of the largest sporting goods retailers in the United States, with over 850 stores nationwide. Institutional investors like Fisher Asset Management closely monitor and trade the company's stock, so changes in their positions can signal broader market trends and investor sentiment around the company.

The details

In its most recent 13F filing, Fisher Asset Management reported selling 9,582 shares of DICK'S Sporting Goods during the third quarter. This reduced the firm's total position to 225,576 shares, or approximately 0.28% of the company's outstanding stock. The move comes as DICK'S Sporting Goods shares have fluctuated in recent months, trading between a 52-week low of $166.37 and a high of $237.31.

  • Fisher Asset Management filed its 13F report for Q3 2026 on March 4, 2026.

The players

Fisher Asset Management LLC

A major institutional investment management firm that owns stakes in numerous publicly traded companies.

DICK'S Sporting Goods, Inc.

A leading U.S. sporting goods retailer that operates over 850 stores nationwide, offering a wide range of sports equipment, apparel, and outdoor gear.

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The takeaway

The reduction in Fisher Asset Management's DICK'S Sporting Goods position reflects the broader volatility in the stock and the cautious approach some institutional investors are taking towards the sporting goods sector amid economic uncertainty. However, DICK'S remains a major player in its industry, and its stock continues to be closely watched by Wall Street.