PetMed Express
PETS
116 hedge funds and large institutions have $82.2M invested in PetMed Express in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 50 reducing their positions, and 30 closing their positions.
3.33% less ownership
Funds ownership: 75.98% → 72.65% (-3.3%)
11% less funds holding
Funds holding: 130 → 116 (-14)
18% less call options, than puts
Call options by funds: $389K | Put options by funds: $472K
32% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 50
32% less capital invested
Capital invested by funds: $121M → $82.2M (-$39.3M)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.88M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.39M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.06M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.85M |
| 5 |
Renaissance Technologies
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.43M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.32M |
| 3 |
Millennium Management
New York
|
-$2.28M |
| 4 |
HF
HRT Financial
New York
|
-$2.25M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.89M |
PETS Hedge Fund Activity: Q1 2024 in Review
116 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2024, worth a combined $82.2M — down 32% from $121M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PETS and 16 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 34 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $3.88M. The largest seller was Morgan Stanley, cutting an estimated $3.43M.
- 116 institutional investors held PetMed Express (PETS) as of Q1 2024, down from 130 in Q4 2023.
- Funds reported $82.2M of PetMed Express stock for Q1 2024, down 32% quarter-over-quarter.
- 16 funds opened new PetMed Express positions in Q1 2024 and 30 closed out, a net change of -14 holders.
- The largest PetMed Express buyer in Q1 2024 was Mirae Asset Global Investments, an estimated $3.88M added.
- The largest PetMed Express seller in Q1 2024 was Morgan Stanley, an estimated $3.43M sold.
Based on aggregated 13F filings for Q1 2024.