PetMed Express
PETS
188 hedge funds and large institutions have $355M invested in PetMed Express in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 75 increasing their positions, 49 reducing their positions, and 31 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 49
6.74% more ownership
Funds ownership: 97.02% → 103.76% (+6.7%)
6% less funds holding
Funds holding: 199 → 188 (-11)
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
26% less capital invested
Capital invested by funds: $480M → $355M (-$125M)
76% less call options, than puts
Call options by funds: $4.51M | Put options by funds: $18.6M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$9.84M |
| 2 |
Millennium Management
New York
|
+$9.24M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.45M |
| 4 |
Renaissance Technologies
New York
|
+$5.1M |
| 5 |
Man Group
London,
United Kingdom
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$29.4M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.94M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$4.14M |
| 4 |
SCM
Sio Capital Management
New York
|
-$4.06M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.78M |
PETS Hedge Fund Activity: Q2 2019 in Review
188 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2019, worth a combined $355M — down 26% from $480M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PETS and 25 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 75 added.
The largest buyer was Newtyn Management, adding an estimated $9.84M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $29.4M sold.
- 188 institutional investors held PetMed Express (PETS) as of Q2 2019, down from 199 in Q1 2019.
- Funds reported $355M of PetMed Express stock for Q2 2019, down 26% quarter-over-quarter.
- 25 funds opened new PetMed Express positions in Q2 2019 and 31 closed out, a net change of -6 holders.
- The largest PetMed Express buyer in Q2 2019 was Newtyn Management, an estimated $9.84M added.
- The largest PetMed Express seller in Q2 2019 was Epoch Investment Partners, an estimated $29.4M sold.
Based on aggregated 13F filings for Q2 2019.