PetMed Express
PETS
175 hedge funds and large institutions have $659M invested in PetMed Express in 2017 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 20 closing their positions.
130% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 20
113% more capital invested
Capital invested by funds: $309M → $659M (+$350M)
17% more funds holding
Funds holding: 150 → 175 (+25)
4.35% more ownership
Funds ownership: 74.74% → 79.09% (+4.4%)
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
16% less call options, than puts
Call options by funds: $10M | Put options by funds: $11.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$14.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.99M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$6.86M |
| 4 |
Two Sigma Investments
New York
|
+$5.45M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$7.84M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.7M |
| 3 |
Renaissance Technologies
New York
|
-$4.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.07M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$3.34M |
PETS Hedge Fund Activity: Q2 2017 in Review
175 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2017, worth a combined $659M — up 113% from $309M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PETS positions and 20 closed out — a net gain of 26 holders — while 56 added to existing stakes and 51 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $14.3M. The largest seller was Uniplan Investment Counsel, cutting an estimated $7.84M.
- 175 institutional investors held PetMed Express (PETS) as of Q2 2017, up from 150 in Q1 2017.
- Funds reported $659M of PetMed Express stock for Q2 2017, up 113% quarter-over-quarter.
- 46 funds opened new PetMed Express positions in Q2 2017 and 20 closed out, a net change of +26 holders.
- The largest PetMed Express buyer in Q2 2017 was Acadian Asset Management, an estimated $14.3M added.
- The largest PetMed Express seller in Q2 2017 was Uniplan Investment Counsel, an estimated $7.84M sold.
Based on aggregated 13F filings for Q2 2017.