PetMed Express
PETS
117 hedge funds and large institutions have $48.9M invested in PetMed Express in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 21 increasing their positions, 47 reducing their positions, and 33 closing their positions.
151% more call options, than puts
Call options by funds: $808K | Put options by funds: $322K
6% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 33
1% more funds holding
Funds holding: 116 → 117 (+1)
14.13% less ownership
Funds ownership: 72.65% → 58.53% (-14%)
41% less capital invested
Capital invested by funds: $82.2M → $48.9M (-$33.3M)
55% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.12M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.02M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$913K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$840K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$11.5M |
| 2 |
BlackRock
New York
|
-$5.07M |
| 3 |
Man Group
London,
United Kingdom
|
-$1.67M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.54M |
| 5 |
Renaissance Technologies
New York
|
-$1.36M |
PETS Hedge Fund Activity: Q2 2024 in Review
117 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in PetMed Express (PETS) for Q2 2024, worth a combined $48.9M — down 41% from $82.2M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PETS positions and 33 closed out — a net gain of 2 holders — while 21 added to existing stakes and 47 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.12M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $11.5M sold.
- 117 institutional investors held PetMed Express (PETS) as of Q2 2024, up from 116 in Q1 2024.
- Funds reported $48.9M of PetMed Express stock for Q2 2024, down 41% quarter-over-quarter.
- 35 funds opened new PetMed Express positions in Q2 2024 and 33 closed out, a net change of +2 holders.
- The largest PetMed Express buyer in Q2 2024 was Goldman Sachs, an estimated $1.12M added.
- The largest PetMed Express seller in Q2 2024 was Mirae Asset Global Investments, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2024.