PetMed Express
PETS
213 hedge funds and large institutions have $578M invested in PetMed Express in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 51 increasing their positions, 82 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
6% more funds holding
Funds holding: 201 → 213 (+12)
1% less capital invested
Capital invested by funds: $585M → $578M (-$7M)
2.58% less ownership
Funds ownership: 91.66% → 89.09% (-2.6%)
31% less call options, than puts
Call options by funds: $10.8M | Put options by funds: $15.6M
38% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 82
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$12.7M |
| 2 |
JM
Jeneq Management
New York
|
+$7.71M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$7.03M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$5.32M |
| 5 |
BlackRock
New York
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$8.52M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.05M |
| 3 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$7.27M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.16M |
| 5 |
Man Group
London,
United Kingdom
|
-$5.66M |
PETS Hedge Fund Activity: Q4 2020 in Review
213 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q4 2020, worth a combined $578M — down 1.2% from $585M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PETS positions and 28 closed out — a net gain of 13 holders — while 51 added to existing stakes and 82 trimmed.
The largest buyer was Penserra Capital Management, adding an estimated $12.7M. The largest seller was Renaissance Technologies, cutting an estimated $8.52M.
- 213 institutional investors held PetMed Express (PETS) as of Q4 2020, up from 201 in Q3 2020.
- Funds reported $578M of PetMed Express stock for Q4 2020, down 1.2% quarter-over-quarter.
- 41 funds opened new PetMed Express positions in Q4 2020 and 28 closed out, a net change of +13 holders.
- The largest PetMed Express buyer in Q4 2020 was Penserra Capital Management, an estimated $12.7M added.
- The largest PetMed Express seller in Q4 2020 was Renaissance Technologies, an estimated $8.52M sold.
Based on aggregated 13F filings for Q4 2020.