Dimensional Fund Advisors Increases Stake in Academy Sports and Outdoors

Investment firm adds 46,305 shares to its position in the sporting goods retailer

Published on Mar. 9, 2026

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Dimensional Fund Advisors LP, a major institutional investor, has increased its stake in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 1.2% during the third quarter. The firm now owns approximately 3.88 million shares, or 5.82% of the company's outstanding stock, worth $194 million as of its latest SEC filing.

Why it matters

Academy Sports and Outdoors has seen strong performance in recent quarters, with the company's stock price rising over 75% in the past year. The increase in Dimensional Fund Advisors' position suggests the investment firm sees continued growth potential in the sporting goods retailer, which could signal confidence in the company's strategy and future prospects.

The details

According to the SEC filing, Dimensional Fund Advisors acquired an additional 46,305 shares of Academy Sports and Outdoors during the third quarter. This brings the firm's total position in the company to nearly 3.88 million shares. Dimensional is one of Academy Sports and Outdoors' largest institutional shareholders, owning approximately 5.82% of the company's outstanding stock.

  • Dimensional Fund Advisors increased its stake in Academy Sports and Outdoors during the third quarter of 2026.

The players

Dimensional Fund Advisors LP

A global investment management firm that provides a range of equity, fixed income, and real estate strategies to institutional and individual investors worldwide.

Academy Sports and Outdoors, Inc.

A leading specialty retailer of sporting goods and outdoor recreation products, operating over 260 stores across the United States.

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The takeaway

Dimensional Fund Advisors' increased stake in Academy Sports and Outdoors suggests the investment firm sees continued growth potential in the sporting goods retailer, which could be a positive sign for the company's future performance and investor confidence.