PetMed Express
PETS
199 hedge funds and large institutions have $649M invested in PetMed Express in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 72 increasing their positions, 52 reducing their positions, and 38 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 52
0.93% more ownership
Funds ownership: 94.09% → 95.02% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less call options, than puts
Call options by funds: $8.51M | Put options by funds: $8.53M
5% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 38
2% less funds holding
Funds holding: 203 → 199 (-4)
22% less capital invested
Capital invested by funds: $832M → $649M (-$183M)
Top Buyers
| 1 |
AC
Armistice Capital
New York
|
+$19.9M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$13.4M |
| 3 |
Millennium Management
New York
|
+$12.1M |
| 4 |
Two Sigma Investments
New York
|
+$8.11M |
| 5 |
Morgan Stanley
New York
|
+$6.12M |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.2M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$14.1M |
| 4 |
NM
Newtyn Management
New York
|
-$12.1M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$12.1M |
PETS Hedge Fund Activity: Q3 2018 in Review
199 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q3 2018, worth a combined $649M — down 22% from $832M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PETS and 36 opened new positions — a net loss of 2 holders — while 52 trimmed existing stakes and 72 added.
The largest buyer was Armistice Capital, opening a new position worth an estimated $19.9M. The largest seller was Vanguard Group, cutting an estimated $15.2M.
- 199 institutional investors held PetMed Express (PETS) as of Q3 2018, down from 203 in Q2 2018.
- Funds reported $649M of PetMed Express stock for Q3 2018, down 22% quarter-over-quarter.
- 36 funds opened new PetMed Express positions in Q3 2018 and 38 closed out, a net change of -2 holders.
- The largest PetMed Express buyer in Q3 2018 was Armistice Capital, an estimated $19.9M added.
- The largest PetMed Express seller in Q3 2018 was Vanguard Group, an estimated $15.2M sold.
Based on aggregated 13F filings for Q3 2018.