Verition Fund Management 13F: Cuts AS Stake by $3.4M

Verition Fund Management Lowers Amer Sports Exposure

Verition Fund Management trimmed its investment in Amer Sports, Inc. NYSE:AS during the reporting period, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The institutional investor cut its holdings by 21.1%, selling 99,377 shares to bring its total down to 370,545 shares. Because 13F filings look backward at past quarters, this snapshot reflects portfolio moves as of May 15, 2026, and might not match the fund's exact share count today.

Position Details and Share Reduction

Before the adjustment, Verition held 469,922 shares of the leisure products maker. The sale of 99,377 shares left the fund with 370,545 shares at the close of the window. Based on market valuations at the time, the remaining block of stock carried a reported value of about $12.5 million. This cut follows a pattern of recent portfolio adjustments by the fund across several public equities.

Stock Performance and Recent Trading

Shares of Amer Sports recently changed hands around $33.84 on the New York Stock Exchange. The company manages a market capitalization in the billions, reflecting strong global demand for its outdoor and athletic brands.

Analysts Set New Price Targets

Wall Street firms maintain a positive view on the apparel and equipment provider. On October 13, 2026, Jefferies initiated coverage on the stock with a Buy rating and a $42.00 price target. Earlier on September 18, 2026, Wells Fargo maintained an Overweight rating while adjusting its price target to $40.00 from $45.00. On that same day, BTIG reiterated a Buy rating at a $42.00 target, following an earlier initiation from the firm on September 10, 2026. BMO Capital also started coverage on September 9, 2026, with an Outperform rating and a $38.00 target. Back in August, Truist Securities, Barclays, and JP Morgan offered their own updates, keeping overall sentiment firmly in the positive camp.

About Amer Sports

Based in Helsinki, Finland, Amer Sports designs and distributes sports equipment, apparel, and footwear across multiple continents. The company operates through familiar brands like Arc'teryx, Salomon, Wilson, and PeakPerformance, reaching customers through retail stores, specialty shops, and e-commerce platforms.

What to Watch at Amer Sports, Inc.

Market participants tracking Verition Fund Management will look toward subsequent SEC filings to see whether the fund continues to pare back its consumer cyclical holdings. Meanwhile, Amer Sports is scheduled to release its next quarterly financial numbers in mid-November 2026.