Petco
WOOF
187 hedge funds and large institutions have $604M invested in Petco in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 80 increasing their positions, 43 reducing their positions, and 41 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 43
10% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 41
1% more funds holding
Funds holding: 186 → 187 (+1)
0.35% less ownership
Funds ownership: 64.7% → 64.35% (-0.35%)
23% less call options, than puts
Call options by funds: $3.44M | Put options by funds: $4.47M
54% less capital invested
Capital invested by funds: $1.32B → $604M (-$714M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$34.2M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.5M |
| 3 |
Morgan Stanley
New York
|
+$11.3M |
| 4 |
Two Sigma Investments
New York
|
+$9.65M |
| 5 |
Two Sigma Advisers
New York
|
+$9.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$56.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$22.9M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$21.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$20.6M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$14.1M |
WOOF Hedge Fund Activity: Q3 2023 in Review
187 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Petco (WOOF) for Q3 2023, worth a combined $604M — down 54% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new WOOF positions and 41 closed out — a net gain of 4 holders — while 80 added to existing stakes and 43 trimmed.
The largest buyer was Prudential Financial, adding an estimated $34.2M. The largest seller was Macquarie Group, exiting entirely with an estimated $56.7M sold.
- 187 institutional investors held Petco (WOOF) as of Q3 2023, up from 186 in Q2 2023.
- Funds reported $604M of Petco stock for Q3 2023, down 54% quarter-over-quarter.
- 45 funds opened new Petco positions in Q3 2023 and 41 closed out, a net change of +4 holders.
- The largest Petco buyer in Q3 2023 was Prudential Financial, an estimated $34.2M added.
- The largest Petco seller in Q3 2023 was Macquarie Group, an estimated $56.7M sold.
Based on aggregated 13F filings for Q3 2023.