PetMed Express
PETS
166 hedge funds and large institutions have $281M invested in PetMed Express in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 59 reducing their positions, and 22 closing their positions.
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
2% more funds holding
Funds holding: 163 → 166 (+3)
1.69% more ownership
Funds ownership: 79.3% → 80.99% (+1.7%)
2% less capital invested
Capital invested by funds: $286M → $281M (-$4.96M)
12% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 59
28% less call options, than puts
Call options by funds: $5.12M | Put options by funds: $7.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.27M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.72M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.1M |
| 4 |
CCM
Chimera Capital Management
New York
|
+$1.84M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$5.8M |
| 2 |
Man Group
London,
United Kingdom
|
-$3.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$3.13M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$2.07M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
176
Anchor Investment Management
Columbia,
South Carolina
| – | -$17.7K | -1,000 | Closed |
|
|
CWM
177
Cedar Wealth Management
Walnut Creek,
California
| – | -$17K | -960 | Closed |
|
|
RTC
178
Riverview Trust Company
Vancouver,
Washington
| – | -$12K | -704 | Closed |
|
|
CTC
179
Central Trust Company
Jefferson City,
Missouri
| – | -$9.29K | -525 | Closed |
|
|
SWA
180
Sutton Wealth Advisors
Tampa,
Florida
| – | -$8.71K | -492 | Closed |
|
181
Rockefeller Capital Management
New York
| – | -$1K | -75 | Closed |
|
|
PWMG
182
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1.03K | -58 | Closed |
|
|
BTI
183
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -56 | Closed |
|
|
PFBT
184
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$974 | -55 | Closed |
|
|
IA
185
IFP Advisors
Tampa,
Florida
| – | -$1K | -26 | Closed |
|
|
C
186
Covestor
London,
United Kingdom
| – | +$19 | +1 | +4% |
|
|
HGERS
187
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$395 | +21 | New |
|
PETS Hedge Fund Activity: Q1 2023 in Review
166 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2023, worth a combined $281M — down 1.7% from $286M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PETS positions and 22 closed out — a net gain of 5 holders — while 52 added to existing stakes and 59 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $4.27M. The largest seller was Charles Schwab, cutting an estimated $5.8M.
- 166 institutional investors held PetMed Express (PETS) as of Q1 2023, up from 163 in Q4 2022.
- Funds reported $281M of PetMed Express stock for Q1 2023, down 1.7% quarter-over-quarter.
- 27 funds opened new PetMed Express positions in Q1 2023 and 22 closed out, a net change of +5 holders.
- The largest PetMed Express buyer in Q1 2023 was Citadel Advisors, an estimated $4.27M added.
- The largest PetMed Express seller in Q1 2023 was Charles Schwab, an estimated $5.8M sold.
Based on aggregated 13F filings for Q1 2023.