SCHEDULE: Managed Account Advisors LLC Reports DICK'S Sporting Goods Stake

Managed Account Advisors LLC has updated its beneficial ownership filing for DICK'S Sporting Goods, Inc., reporting a 5.6% stake.

Summary

• Managed Account Advisors LLC has filed a Schedule 13G, indicating a change in its beneficial ownership of DICK'S Sporting Goods, Inc. common stock.
• The filing reports that Managed Account Advisors LLC beneficially owns 3,667,120 shares, representing 5.6% of the class of securities.
• This ownership is based on 65,931,904 outstanding shares as of May 29, 2026, as disclosed in the issuer's Form 10-Q filed on June 4, 2026.
• The reporting person has sole power to dispose of 3,661,455 shares and shared power to dispose of 5,665 shares.
• Managed Account Advisors LLC certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership without significant new financial or strategic information.

Positives

• Managed Account Advisors LLC holds a significant stake of 5.6% in DICK'S Sporting Goods, Inc., indicating investor confidence.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment approach.

Negatives

• The filing does not provide any new financial performance data or strategic updates for DICK'S Sporting Goods, Inc.

Risks

• The primary risk associated with this filing is the potential for further changes in beneficial ownership by Managed Account Advisors LLC, which could impact share price volatility.
• As an investment advisor, Managed Account Advisors LLC's investment decisions could be influenced by market conditions, potentially leading to buying or selling pressure on the stock.

Future Outlook

The filing does not contain any forward-looking statements or guidance from the company. It solely reports on beneficial ownership.

Management Comments

• Managed Account Advisors LLC certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors accumulating significant stakes in publicly traded companies. This filing indicates Managed Account Advisors LLC's position in the sporting goods retail sector.

Stakeholder Impact

• Shareholders: May observe increased trading activity or price fluctuations if Managed Account Advisors LLC adjusts its holdings.
• Management: Will be aware of significant institutional ownership and potential influence.
• Creditors: Unlikely to be directly impacted by this ownership filing.

Next Steps

• Managed Account Advisors LLC will continue to hold its shares in DICK'S Sporting Goods, Inc. in the ordinary course of business.
• Future filings will be made if there are further changes in beneficial ownership exceeding reporting thresholds.

Key Dates

Keywords

DICK'S Sporting Goods, Managed Account Advisors LLC, Schedule 13G, Beneficial Ownership, Investment Advisor, Common Stock, Securities Exchange Act