PetMed Express
PETS
203 hedge funds and large institutions have $500M invested in PetMed Express in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 57 increasing their positions, 63 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
59% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 27
19% more capital invested
Capital invested by funds: $421M → $500M (+$78.9M)
7% more funds holding
Funds holding: 189 → 203 (+14)
6% more call options, than puts
Call options by funds: $8.08M | Put options by funds: $7.61M
10% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 63
2.75% less ownership
Funds ownership: 88.55% → 85.8% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$5.61M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$5.43M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.35M |
| 4 |
Morgan Stanley
New York
|
+$3.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.99M |
| 2 |
Man Group
London,
United Kingdom
|
-$7.94M |
| 3 |
Citigroup
New York
|
-$6.11M |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$4.01M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.67M |
PETS Hedge Fund Activity: Q1 2020 in Review
203 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2020, worth a combined $500M — up 19% from $421M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PETS positions and 27 closed out — a net gain of 16 holders — while 57 added to existing stakes and 63 trimmed.
The largest buyer was Lombard Odier Asset Management (USA), opening a new position worth an estimated $5.61M. The largest seller was Citadel Advisors, cutting an estimated $7.99M.
- 203 institutional investors held PetMed Express (PETS) as of Q1 2020, up from 189 in Q4 2019.
- Funds reported $500M of PetMed Express stock for Q1 2020, up 19% quarter-over-quarter.
- 43 funds opened new PetMed Express positions in Q1 2020 and 27 closed out, a net change of +16 holders.
- The largest PetMed Express buyer in Q1 2020 was Lombard Odier Asset Management (USA), an estimated $5.61M added.
- The largest PetMed Express seller in Q1 2020 was Citadel Advisors, an estimated $7.99M sold.
Based on aggregated 13F filings for Q1 2020.