PetMed Express
PETS
205 hedge funds and large institutions have $837M invested in PetMed Express in 2018 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 33 closing their positions.
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
5.85% more ownership
Funds ownership: 91.45% → 97.3% (+5.9%)
5% more funds holding
Funds holding: 195 → 205 (+10)
2% less capital invested
Capital invested by funds: $857M → $837M (-$20.6M)
16% less call options, than puts
Call options by funds: $17.8M | Put options by funds: $21.3M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$14.8M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$13.4M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$11.2M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$9.96M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$8.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
-$14.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$8.47M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.82M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$7.48M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$6.62M |
PETS Hedge Fund Activity: Q1 2018 in Review
205 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2018, worth a combined $837M — down 2.4% from $857M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PETS positions and 33 closed out — a net gain of 12 holders — while 65 added to existing stakes and 56 trimmed.
The largest buyer was Redwood Investments, opening a new position worth an estimated $14.8M. The largest seller was Gratia Capital, exiting entirely with an estimated $14.3M sold.
- 205 institutional investors held PetMed Express (PETS) as of Q1 2018, up from 195 in Q4 2017.
- Funds reported $837M of PetMed Express stock for Q1 2018, down 2.4% quarter-over-quarter.
- 45 funds opened new PetMed Express positions in Q1 2018 and 33 closed out, a net change of +12 holders.
- The largest PetMed Express buyer in Q1 2018 was Redwood Investments, an estimated $14.8M added.
- The largest PetMed Express seller in Q1 2018 was Gratia Capital, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2018.