Chewy
CHWY
234 hedge funds and large institutions have $15B invested in Chewy in 2020 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 70 increasing their positions, 56 reducing their positions, and 42 closing their positions.
93% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 42
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
28% more capital invested
Capital invested by funds: $11.7B → $15B (+$3.28B)
25% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 56
19% more funds holding
Funds holding: 197 → 234 (+37)
7.78% less ownership
Funds ownership: 756.09% → 748.31% (-7.8%)
40% less call options, than puts
Call options by funds: $76.6M | Put options by funds: $127M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$103M |
| 2 |
Janus Henderson Group
London,
|
+$44.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$39.5M |
| 4 |
ClearBridge Investments
New York
|
+$29.8M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
BC Partners Advisors
New York
|
-$113M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$111M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$84M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$73.9M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$46.4M |
CHWY Hedge Fund Activity: Q1 2020 in Review
234 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Chewy (CHWY) for Q1 2020, worth a combined $15B — up 28% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CHWY positions and 42 closed out — a net gain of 39 holders — while 70 added to existing stakes and 56 trimmed.
The largest buyer was Tybourne Capital Management, opening a new position worth an estimated $103M. The largest seller was BC Partners Advisors, cutting an estimated $113M.
- 234 institutional investors held Chewy (CHWY) as of Q1 2020, up from 197 in Q4 2019.
- Funds reported $15B of Chewy stock for Q1 2020, up 28% quarter-over-quarter.
- 81 funds opened new Chewy positions in Q1 2020 and 42 closed out, a net change of +39 holders.
- The largest Chewy buyer in Q1 2020 was Tybourne Capital Management, an estimated $103M added.
- The largest Chewy seller in Q1 2020 was BC Partners Advisors, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2020.