Who Owns Camping World?
Updated onExplore the ownership hierarchy of Camping World. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Camping World
Camping World is a U.S.-based public retailer of recreational vehicles (RVs), RV parts and accessories, camping gear, and related services operating nationwide.
Camping World appears to be independent with no known parent company.
Camping World
Camping World is a U.S.-based public retailer of recreational vehicles (RVs), RV parts and accessories, camping gear, and related services operating nationwide.
Camping World appears to be independent with no known parent company.
Major Shareholders
Camping World
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Marcus A. Lemonis (through CWGS Holding, LLC, ML Acquisition Company, LLC, and ML RV Group, LLC) Schedule 13G/A filed February 12, 2025 reports Mr. Lemonis beneficially owning 32,739,968 Class A–equivalent shares (32,584,700 Common LLC Units via CWGS Holding/ML Acquisition plus 155,268 Class A shares), or 41.9% of the class as of December 31, 2024. Under the 2016 Voting Agreement and description of capital stock, ML-related parties’ Class B shares are entitled to cast 47% of total votes while a single Class C “golden share” held by ML RV Group, LLC carries an additional 5% of total votes so long as ownership thresholds are met, giving Mr. Lemonis effective control of just over half of the voting power and causing Camping World to qualify as a NYSE “controlled company.” | Founder | 41.9% | 52.0% | Dec 2024 |
The Vanguard Group, Inc. Large index asset manager; third‑quarter 2025 institutional holder data show Vanguard owning approximately 5.83 million CWH shares, or about 9.28% of shares outstanding as of September 30, 2025. | Institutional | 9.3% | — | Sep 2025 |
BlackRock, Inc. Global asset manager; Q3 2025 major‑holder disclosures report BlackRock with roughly 5.40 million CWH shares, representing about 8.6% of shares outstanding as of September 30, 2025. | Institutional | 8.6% | — | Sep 2025 |
Eminence Capital, LP New York–based hedge fund. A Schedule 13G dated June 30, 2025 reported beneficial ownership of 4,134,705 CWH shares (about 6.6% of the class); Q3 2025 institutional holder summaries show a slightly smaller but still major stake of about 3.96 million shares, or 6.31%, as of September 30, 2025. | Institutional | 6.3% | — | Sep 2025 |
Capital Research Global Investors (Capital Group) Division of Capital Group managing American Funds. A Schedule 13G filed for event date March 31, 2025 disclosed a 4.7% stake (2,919,258 shares); by September 30, 2025, major‑holder data show Capital Research Global Investors holding about 3.72 million shares, or roughly 5.91% of CWH shares outstanding. | Institutional | 5.9% | — | Sep 2025 |
Hood River Capital Management LLC Investment adviser focused on small‑cap growth. Amendment No. 2 to Schedule 13G filed November 14, 2025 reports beneficial ownership of 3,166,578 CWH shares, representing approximately 5.05% of the class as of September 30, 2025. | Institutional | 5.0% | — | Sep 2025 |
D. E. Shaw & Co., L.P. Multistrategy hedge fund group. Q3 2025 institutional‑holder tables attribute about 2.71 million CWH shares to D. E. Shaw, equal to roughly 4.31% of shares outstanding as of September 30, 2025. | Institutional | 4.3% | — | Sep 2025 |
Morgan Stanley Global financial services firm. Third‑quarter 2025 filings show Morgan Stanley holding approximately 2.70 million CWH shares, or about 4.29% of shares outstanding as of September 30, 2025. | Institutional | 4.3% | — | Sep 2025 |
Balyasny Asset Management L.P. Hedge fund manager. A Schedule 13G/A filed November 14, 2025 discloses beneficial ownership of 2,505,777 CWH shares, representing about 4.00% of the class (based on 62,648,648 shares outstanding), consistent with Q3 2025 major‑holder summaries. | Institutional | 4.0% | — | Sep 2025 |
Crestview Partners II GP, L.P. Private‑equity sponsor and early Camping World backer. Earlier Schedule 13G filings showed Crestview‑affiliated entities owning a significantly larger stake after the IPO; by September 30, 2025, institutional‑ownership data show Crestview Partners II GP, L.P. (primarily via CVRV Acquisition entities) holding about 1.92 million CWH shares, or roughly 3.06% of shares outstanding. | Institutional | 3.1% | — | Sep 2025 |
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