Clarus (CLAR)

• Market cap: $175M
• 1 day: 4.35%
• 5 days: -7.88%
• 1 month: 6.54%
• 3 months: -2.36%
• 6 months: -29.30%
• Year to date: -30.49%
• 1 year: -28.64%
• 5 years: -66.67%
• 10 years: -42.50%
• Sector: Consumer Discretionary
• Industry: Sporting & Athletic Goods

About: Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a global leader in designing, manufacturing, and marketing innovative outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and United States.

Employees: 500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

114% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 14

68% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 25

17% more funds holding

Funds holding: 95 [Q2] → 111 (+16) [Q3]

9.51% less ownership

Funds ownership: 71.11% [Q2] → 61.6% (-9.51%) [Q3]

42% less capital invested

Capital invested by funds: $183M [Q2] → $106M (-$77M) [Q3]

90% less call options, than puts

Call options by funds: $42K | Put options by funds: $405K