PetMed Express
PETS
172 hedge funds and large institutions have $352M invested in PetMed Express in 2022 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 26 closing their positions.
33% more call options, than puts
Call options by funds: $32.1M | Put options by funds: $24.2M
1.96% more ownership
Funds ownership: 81.4% → 83.36% (+2%)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
4% less funds holding
Funds holding: 179 → 172 (-7)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
21% less capital invested
Capital invested by funds: $444M → $352M (-$91.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.61M |
| 2 |
Renaissance Technologies
New York
|
+$4.56M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.82M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.67M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.28M |
| 2 |
Man Group
London,
United Kingdom
|
-$6.25M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.98M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$2.76M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$1.7M |
PETS Hedge Fund Activity: Q2 2022 in Review
172 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2022, worth a combined $352M — down 21% from $444M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PETS and 22 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 57 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $5.61M. The largest seller was Point72 Asset Management, cutting an estimated $6.28M.
- 172 institutional investors held PetMed Express (PETS) as of Q2 2022, down from 179 in Q1 2022.
- Funds reported $352M of PetMed Express stock for Q2 2022, down 21% quarter-over-quarter.
- 22 funds opened new PetMed Express positions in Q2 2022 and 26 closed out, a net change of -4 holders.
- The largest PetMed Express buyer in Q2 2022 was Millennium Management, an estimated $5.61M added.
- The largest PetMed Express seller in Q2 2022 was Point72 Asset Management, an estimated $6.28M sold.
Based on aggregated 13F filings for Q2 2022.