Van Berkom & Associates Inc. sold out its entire position in YETI Holdings (YETI 1.89%) during the first quarter, according to a May 7, 2026, SEC filing. The estimated transaction value is $71.32 million, based on the average closing price for the quarter.
What happened
According to a recent SEC filing dated May 7, 2026, Van Berkom & Associates Inc. liquidated its entire stake in YETI Holdings during the first quarter of 2026. The firm sold 1,620,914 shares, with the estimated transaction value totaling $71.32 million, based on the average closing price for the quarter. The net position change, including price fluctuations, was a decrease of $71.60 million.
What else to know
- Van Berkom & Associates Inc. sold out of YETI Holdings.
- Top holdings after the filing:
- NASDAQ:SNEX: $111.64 million (3.7% of AUM)
- NYSE:DOCN: $110.95 million (3.7% of AUM)
- NASDAQ:LAUR: $108.12 million (3.6% of AUM)
- NASDAQ:ENSG: $104.82 million (3.5% of AUM)
- NASDAQ:VCTR: $101.81 million (3.4% of AUM)
- As of May 6, 2026, shares of YETI Holdings were priced at $42.46, up about 50% over the past year and outperforming the S&P 500 by over 20 percentage points.
Company Overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $1.87 billion |
| Net Income (TTM) | $165.39 million |
| Price (as of market close 2026-05-06) | $42.46 |
Company Snapshot
- YETI Holdings offers premium outdoor products including hard and soft coolers, drinkware, bags, and accessories under the YETI and Rambler brands.
- The firm generates revenue through direct-to-consumer channels and a broad network of independent retailers across multiple continents.
- It targets outdoor enthusiasts, recreational consumers, and specialty retail customers in the United States and select international markets.
YETI Holdings, Inc. distributes durable outdoor products and utilizes a multi-channel distribution strategy in the leisure and recreation market.
What this transaction means for investors
YETI stock has surged about 50% over the past year, and this sale ultimately looks like a classic case of locking in gains after a huge run.
Underneath the stock’s latest rally, profit growth has started to slow, and tariff pressures are beginning to creep in. Fourth-quarter sales rose 7% to $583.7 million, while full-year net sales increased 2% to nearly $1.87 billion. International sales were especially impressive, climbing 25% in the quarter and 16% for the full year as the company expanded across Europe, Australia, and Japan. But margins moved in the wrong direction. Adjusted operating income fell 14% in the fourth quarter, and management said higher tariff costs shaved roughly $0.15 off adjusted EPS. Even full-year adjusted EPS slipped 9% to $2.48.
Ultimately, YETI still has a strong brand, loyal customers, and growing international demand, but after such a sharp stock move, the market may now expect near-perfect execution. That leaves less room for operational hiccups or margin compression going forward.
