PetMed Express
PETS
199 hedge funds and large institutions have $564M invested in PetMed Express in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 67 increasing their positions, 64 reducing their positions, and 37 closing their positions.
6.55% more ownership
Funds ownership: 80.9% → 87.45% (+6.5%)
5% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 64
2% less capital invested
Capital invested by funds: $576M → $564M (-$12.2M)
3% less funds holding
Funds holding: 205 → 199 (-6)
16% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 37
36% less call options, than puts
Call options by funds: $37.8M | Put options by funds: $58.8M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$29.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.43M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$4.45M |
| 4 |
Goldman Sachs
New York
|
+$3.97M |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.74M |
| 2 |
Millennium Management
New York
|
-$5.02M |
| 3 |
Renaissance Technologies
New York
|
-$3.08M |
| 4 |
BlackRock
New York
|
-$2.94M |
| 5 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$2.42M |
PETS Hedge Fund Activity: Q2 2021 in Review
199 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2021, worth a combined $564M — down 2.1% from $576M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PETS and 31 opened new positions — a net loss of 6 holders — while 64 trimmed existing stakes and 67 added.
The largest buyer was ProShare Advisors, adding an estimated $29.7M. The largest seller was Penserra Capital Management, cutting an estimated $7.74M.
- 199 institutional investors held PetMed Express (PETS) as of Q2 2021, down from 205 in Q1 2021.
- Funds reported $564M of PetMed Express stock for Q2 2021, down 2.1% quarter-over-quarter.
- 31 funds opened new PetMed Express positions in Q2 2021 and 37 closed out, a net change of -6 holders.
- The largest PetMed Express buyer in Q2 2021 was ProShare Advisors, an estimated $29.7M added.
- The largest PetMed Express seller in Q2 2021 was Penserra Capital Management, an estimated $7.74M sold.
Based on aggregated 13F filings for Q2 2021.