PetMed Express
PETS
150 hedge funds and large institutions have $309M invested in PetMed Express in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 40 reducing their positions, and 14 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 40
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
1.7% more ownership
Funds ownership: 73.03% → 74.74% (+1.7%)
1% more funds holding
Funds holding: 149 → 150 (+1)
11% less capital invested
Capital invested by funds: $346M → $309M (-$36.7M)
88% less call options, than puts
Call options by funds: $410K | Put options by funds: $3.52M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$53.2M |
| 2 |
Renaissance Technologies
New York
|
+$3.99M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.25M |
| 4 |
SCA
Secor Capital Advisors
New York
|
+$2.48M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$9.19M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$2.75M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.96M |
| 4 |
Two Sigma Investments
New York
|
-$1.29M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$1.19M |
PETS Hedge Fund Activity: Q1 2017 in Review
150 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2017, worth a combined $309M — down 11% from $346M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PETS positions and 14 closed out — a net gain of 7 holders — while 61 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $53.2M. The largest seller was Hancock Whitney, cutting an estimated $9.19M.
- 150 institutional investors held PetMed Express (PETS) as of Q1 2017, up from 149 in Q4 2016.
- Funds reported $309M of PetMed Express stock for Q1 2017, down 11% quarter-over-quarter.
- 21 funds opened new PetMed Express positions in Q1 2017 and 14 closed out, a net change of +7 holders.
- The largest PetMed Express buyer in Q1 2017 was BlackRock, an estimated $53.2M added.
- The largest PetMed Express seller in Q1 2017 was Hancock Whitney, an estimated $9.19M sold.
Based on aggregated 13F filings for Q1 2017.