Petmed Express Inc (PETS): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Petmed Express Inc (PETS) following the 2026 Q1 hedge fund 13F filings?

As of today, PETS has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PETS gained nan% vs +2.1% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Petmed Express Inc (PETS)

47 + Investors. Track Smart Money conviction in PETS. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — PETS

Based on 47 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 7 quarters in a row

last 6Q

For 7 consecutive quarters, more hedge funds reduced or closed their PETS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🔻

Below peak — only 33% of 3.0Y high

33% of all-time peak

Only 47 funds hold PETS today versus a peak of 144 funds at 2023 Q2 — just 33% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.

📉

Outflows — 36% fewer funds vs a year ago

fund count last 6Q

26 fewer hedge funds hold PETS compared to a year ago (-36% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🔴

Heavy selling pressure — only 38% buying

17 buying28 selling

Last quarter: 28 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 7 → 6 → 10 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 17% medium ■ 17% new

31 out of 47 hedge funds have held PETS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares -16%, value -40%

Value

-40%

-16%

Last quarter: funds added -16% more shares while total portfolio value only changed -40%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~6 new funds/quarter

8 → 7 → 6 → 10 → 6 new funds/Q

New funds entering each quarter: 7 → 6 → 10 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 73% veterans vs 19% newcomers

■ 73% veterans ■ 8% 1-2yr ■ 19% new

Entry-cohort mix of 48 holders: 35 (73%) are 2+ year veterans, 4 entered 1–2 years ago, and 9 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds

17 of 46 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

1.0

out of 10

Low Exit Risk

Exit risk score 1.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	47	52	-9.62%
13F Shares	6M	7M	-16.44%
Total Value	$14M	$23M	-40.06%
New Positions	6	10	-4
Increased Positions	11	17	-6
Closed Positions	11	18	-7
Reduced Positions	16	14	+2
Total Calls	2	3	-33.33%
Total Puts	0	2	-100.0%
PUT/CALL Ratio	0.0	0.67	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

-9.62%

13F Shares

-16.44%

Total Value

$14M

$23M

-40.06%

New Positions

-4

Increased Positions

-6

Closed Positions

-7

Reduced Positions

Total Calls

-33.33%

Total Puts

-100.0%

PUT/CALL Ratio

0.0

0.67

Bullish

Institutional Holders (2026 Q1)

47 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PETS. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PETS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Steel Partners Holdings L.P.	0.46%	193,664	$442K
2	Rangeley Capital, LLC	0.24%	109,208	$249K
3	Formidable Asset Management, LLC	0.05%	105,201	$337K
4	Bridgeway Capital Management, LLC	0.01%	132,724	$303K
5	Renaissance Technologies LLC	0.00%	1,186,369	$2.7M
6	Hotchkis & Wiley Capital Management LLC	0.00%	514,543	$1.2M
7	Federated Hermes, INC.	0.00%	666,805	$1.5M
8	UMB Bank, n.a.	0.00%	60,000	$137K
9	Bank & Trust Co	0.00%	901	$2K
10	Empowered Funds, LLC	0.00%	75,024	$171K
11	Group One Trading LLC	0.00%	71,117	$162K
12	Blair William & Co/Il	0.00%	30,400	$69K
13	Arrowstreet Capital, Limited Partnership	0.00%	126,774	$289K
14	Ameriflex Group, INC.	0.00%	100	—
15	Ascentis Independent Advisors	0.00%	614	$1K
16	UBS Group AG	0.00%	233,676	$533K
17	SBI Securities Co., Ltd.	0.00%	1,208	$3K
18	Vanguard Fiduciary Trust Co	0.00%	109,712	$250K
19	Sei Investments Co	0.00%	23,000	$52K
20	Vanguard Capital Management LLC	0.00%	831,431	$1.9M
21	MCF Advisors LLC	0.00%	400	—
22	Ameriprise Financial Inc	0.00%	73,400	$167K
23	Citadel Advisors LLC	0.00%	87,894	$200K
24	Rothschild Investment LLC	0.00%	250	—
25	Elevated Capital Advisors, LLC	0.00%	50	—

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Petmed Express Inc (PETS)

What does the Smart Money Trend signal show for PETS?

Selling streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds reduced or closed their PETS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PETS?

Heavy selling pressure — only 38% buying: Last quarter: 28 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for PETS holders?

Strong quality — 20% AUM from major funds: 17 of 46 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PETS?

66% of holders stayed for 2+ years: 31 out of 47 hedge funds have held PETS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Petmed Express Inc (PETS) following the 2026 Q1 hedge fund 13F filings?

As of today, PETS has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PETS has gained nan% vs +2.1% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Petmed Express Inc (PETS)

Smart Money Signals — PETS

Selling streak — 7 quarters in a row

Below peak — only 33% of 3.0Y high

Outflows — 36% fewer funds vs a year ago

Heavy selling pressure — only 38% buying

Steady new buyers — ~6 new funds per quarter

66% of holders stayed for 2+ years

Buying through price weakness — shares -16%, value -40%

Steady discovery — ~6 new funds/quarter

Veteran-anchored — 73% veterans vs 19% newcomers

Strong quality — 20% AUM from major funds

Institutional Sentiment Summary — PETS

Hedge Fund Ownership: PETS

Market Analysis: PETS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PETS

Is It Too Late to Buy Petmed Express Inc (PETS) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: PETS

Statistics: PETS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Petmed Express Inc (PETS)

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