Chewy
CHWY
360 hedge funds and large institutions have $1.62B invested in Chewy in 2024 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 119 increasing their positions, 91 reducing their positions, and 92 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 91
4% less call options, than puts
Call options by funds: $349M | Put options by funds: $362M
5% less funds holding
Funds holding: 377 → 360 (-17)
15% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 92
15.58% less ownership
Funds ownership: 89.9% → 74.32% (-16%)
37% less capital invested
Capital invested by funds: $2.55B → $1.62B (-$938M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$34.2M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$24M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$20.7M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$17.3M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$143M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$97.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$48.6M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$26.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.8M |
CHWY Hedge Fund Activity: Q1 2024 in Review
360 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Chewy (CHWY) for Q1 2024, worth a combined $1.62B — down 37% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of CHWY and 78 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 119 added.
The largest buyer was Millennium Management, adding an estimated $34.2M. The largest seller was Morgan Stanley, cutting an estimated $143M.
- 360 institutional investors held Chewy (CHWY) as of Q1 2024, down from 377 in Q4 2023.
- Funds reported $1.62B of Chewy stock for Q1 2024, down 37% quarter-over-quarter.
- 78 funds opened new Chewy positions in Q1 2024 and 92 closed out, a net change of -14 holders.
- The largest Chewy buyer in Q1 2024 was Millennium Management, an estimated $34.2M added.
- The largest Chewy seller in Q1 2024 was Morgan Stanley, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2024.