Chewy
CHWY
380 hedge funds and large institutions have $16.7B invested in Chewy in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 133 increasing their positions, 131 reducing their positions, and 53 closing their positions.
7% more capital invested
Capital invested by funds: $15.6B → $16.7B (+$1.13B)
5.15% more ownership
Funds ownership: 360.47% → 365.61% (+5.1%)
10% more call options, than puts
Call options by funds: $413M | Put options by funds: $376M
2% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 131
6% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 53
2% less funds holding
Funds holding: 387 → 380 (-7)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$178M |
| 2 |
Goldman Sachs
New York
|
+$40M |
| 3 |
Renaissance Technologies
New York
|
+$38.5M |
| 4 |
Man Group
London,
United Kingdom
|
+$38M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$61.2M |
| 2 |
Morgan Stanley
New York
|
-$37M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$26.1M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$15.9M |
| 5 |
Millennium Management
New York
|
-$15.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
426
Schubert & Co
Mckinney,
Texas
| – | -$225 | -6 | Closed |
|
|
SC
427
Stephens Consulting
Flint,
Michigan
| – | -$225 | -6 | Closed |
|
428
AssetMark Inc
Concord,
California
| – | -$75 | -2 | Closed |
|
CHWY Hedge Fund Activity: Q2 2023 in Review
380 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Chewy (CHWY) for Q2 2023, worth a combined $16.7B — up 7.2% from $15.6B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CHWY and 50 opened new positions — a net loss of 3 holders — while 131 trimmed existing stakes and 133 added.
The largest buyer was VOYA Investment Management, opening a new position worth an estimated $178M. The largest seller was Fidelity Investments, cutting an estimated $61.2M.
- 380 institutional investors held Chewy (CHWY) as of Q2 2023, down from 387 in Q1 2023.
- Funds reported $16.7B of Chewy stock for Q2 2023, up 7.2% quarter-over-quarter.
- 50 funds opened new Chewy positions in Q2 2023 and 53 closed out, a net change of -3 holders.
- The largest Chewy buyer in Q2 2023 was VOYA Investment Management, an estimated $178M added.
- The largest Chewy seller in Q2 2023 was Fidelity Investments, an estimated $61.2M sold.
Based on aggregated 13F filings for Q2 2023.