PetMed Express
PETS
205 hedge funds and large institutions have $576M invested in PetMed Express in 2021 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 55 increasing their positions, 79 reducing their positions, and 39 closing their positions.
0% less capital invested
Capital invested by funds: $579M → $576M (-$2.4M)
4% less funds holding
Funds holding: 213 → 205 (-8)
8.18% less ownership
Funds ownership: 89.09% → 80.9% (-8.2%)
10% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 39
26% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $20.7M
30% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$12M |
| 2 |
Millennium Management
New York
|
+$4.96M |
| 3 |
BlackRock
New York
|
+$2.98M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$2.87M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$11.1M |
| 2 |
Renaissance Technologies
New York
|
-$10M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$7.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.62M |
PETS Hedge Fund Activity: Q1 2021 in Review
205 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q1 2021, worth a combined $576M — down 0.41% from $579M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PETS and 35 opened new positions — a net loss of 4 holders — while 79 trimmed existing stakes and 55 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $12M. The largest seller was Man Group, cutting an estimated $11.1M.
- 205 institutional investors held PetMed Express (PETS) as of Q1 2021, down from 213 in Q4 2020.
- Funds reported $576M of PetMed Express stock for Q1 2021, down 0.41% quarter-over-quarter.
- 35 funds opened new PetMed Express positions in Q1 2021 and 39 closed out, a net change of -4 holders.
- The largest PetMed Express buyer in Q1 2021 was Mirae Asset Global Investments, an estimated $12M added.
- The largest PetMed Express seller in Q1 2021 was Man Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2021.