PetMed Express
PETS
222 hedge funds and large institutions have $666M invested in PetMed Express in 2020 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 71 increasing their positions, 57 reducing their positions, and 31 closing their positions.
68% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 31
33% more capital invested
Capital invested by funds: $500M → $666M (+$166M)
25% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 57
10% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $12M
9% more funds holding
Funds holding: 203 → 222 (+19)
7.25% more ownership
Funds ownership: 85.8% → 93.05% (+7.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
| 1 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$7.03M |
| 2 |
NM
Newtyn Management
New York
|
-$6.57M |
| 3 |
Goldman Sachs
New York
|
-$6.23M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$5.96M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -43 | Closed |
|
252
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -20 | Closed |
|
PETS Hedge Fund Activity: Q2 2020 in Review
222 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2020, worth a combined $666M — up 33% from $500M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PETS positions and 31 closed out — a net gain of 21 holders — while 71 added to existing stakes and 57 trimmed.
The largest buyer was Vanguard Group, adding an estimated $15.2M. The largest seller was Lombard Odier Asset Management (USA), cutting an estimated $7.03M.
- 222 institutional investors held PetMed Express (PETS) as of Q2 2020, up from 203 in Q1 2020.
- Funds reported $666M of PetMed Express stock for Q2 2020, up 33% quarter-over-quarter.
- 52 funds opened new PetMed Express positions in Q2 2020 and 31 closed out, a net change of +21 holders.
- The largest PetMed Express buyer in Q2 2020 was Vanguard Group, an estimated $15.2M added.
- The largest PetMed Express seller in Q2 2020 was Lombard Odier Asset Management (USA), an estimated $7.03M sold.
Based on aggregated 13F filings for Q2 2020.