PetMed Express
PETS
130 hedge funds and large institutions have $117M invested in PetMed Express in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 41 closing their positions.
75% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $1.19M
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
12.04% more ownership
Funds ownership: 61.29% → 73.33% (+12%)
6% less funds holding
Funds holding: 138 → 130 (-8)
14% less capital invested
Capital invested by funds: $136M → $117M (-$18.6M)
17% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.48M |
| 2 |
Millennium Management
New York
|
+$4.22M |
| 3 |
Man Group
London,
United Kingdom
|
+$4.08M |
| 4 |
Morgan Stanley
New York
|
+$3.26M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.79M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$1.52M |
| 3 |
SG Americas Securities
New York
|
-$1.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.26M |
| 5 |
Bank of New York Mellon
New York
|
-$1.19M |
PETS Hedge Fund Activity: Q4 2023 in Review
130 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q4 2023, worth a combined $117M — down 14% from $136M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PETS and 34 opened new positions — a net loss of 7 holders — while 35 trimmed existing stakes and 47 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $4.48M. The largest seller was Mirae Asset Global Investments, cutting an estimated $5.79M.
- 130 institutional investors held PetMed Express (PETS) as of Q4 2023, down from 138 in Q3 2023.
- Funds reported $117M of PetMed Express stock for Q4 2023, down 14% quarter-over-quarter.
- 34 funds opened new PetMed Express positions in Q4 2023 and 41 closed out, a net change of -7 holders.
- The largest PetMed Express buyer in Q4 2023 was Arrowstreet Capital, an estimated $4.48M added.
- The largest PetMed Express seller in Q4 2023 was Mirae Asset Global Investments, an estimated $5.79M sold.
Based on aggregated 13F filings for Q4 2023.