PetMed Express
PETS
179 hedge funds and large institutions have $682M invested in PetMed Express in 2017 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 47 reducing their positions, and 32 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 47
20.93% more ownership
Funds ownership: 79.09% → 100.02% (+21%)
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
2% more funds holding
Funds holding: 175 → 179 (+4)
4% more capital invested
Capital invested by funds: $657M → $682M (+$24.5M)
60% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $29.8M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$40.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$28.4M |
| 4 |
Millennium Management
New York
|
+$19.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$12.6M |
| 2 |
DHFB
Dixon Hubard Feinour & Brown
Roanoke,
Virginia
|
-$10.8M |
| 3 |
Two Sigma Investments
New York
|
-$7.15M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$6.99M |
| 5 |
Morgan Stanley
New York
|
-$4.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
201
IMS Capital Management
Portland,
Oregon
| – | -$216K | -5,322 | Closed |
|
|
NFA
202
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$210K | -5,161 | Closed |
|
|
O
203
OppenheimerFunds
New York
| – | -$202K | -4,975 | Closed |
|
|
FAM
204
Fred Alger Management
New York
| – | -$162K | -4,000 | Closed |
|
|
AIM
205
Acrospire Investment Management
Chicago,
Illinois
| – | -$110K | -2,720 | Closed |
|
206
Creative Planning
Overland Park,
Kansas
| – | -$82K | -2,030 | Closed |
|
|
AP
207
Advisors Preferred
Rockville,
Maryland
| – | -$38K | -929 | Closed |
|
208
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16K | -400 | Closed |
|
|
CGI
209
CI Global Investments
Oakland,
California
| – | -$8K | -206 | Closed |
|
|
CTC
210
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -100 | Closed |
|
PETS Hedge Fund Activity: Q3 2017 in Review
179 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q3 2017, worth a combined $682M — up 3.7% from $657M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PETS positions and 32 closed out — a net gain of 5 holders — while 74 added to existing stakes and 47 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $40.2M. The largest seller was Royce & Associates, cutting an estimated $12.6M.
- 179 institutional investors held PetMed Express (PETS) as of Q3 2017, up from 175 in Q2 2017.
- Funds reported $682M of PetMed Express stock for Q3 2017, up 3.7% quarter-over-quarter.
- 37 funds opened new PetMed Express positions in Q3 2017 and 32 closed out, a net change of +5 holders.
- The largest PetMed Express buyer in Q3 2017 was Arrowstreet Capital, an estimated $40.2M added.
- The largest PetMed Express seller in Q3 2017 was Royce & Associates, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2017.