FRESHPET INC FRPT
COM · Common Stock · CUSIP 358039105 · ISIN US3580391056
American pet food company
- SectorConsumer staples
- IndustryGrain Mill Products
- HeadquartersBedminster, NJ
- Founded2005
- Websitefreshpet.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.2m this quarter). Holder counts are more reliable. Shares outstanding: 48.2m as of 2023-08-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $65.80. Options: 20 managers hold calls ($162.4m notional), 17 hold puts ($103.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 232 |
| Q1 2023 | 259 |
| Q2 2023 | 244 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 110 | 112 |
| Q1 2023 | 153 | 94 |
| Q2 2023 | 104 | 135 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $68.7m | $77.0m | 1.12 |
| Q4 2022 | $408.0m | $70.7m | 0.17 |
| Q1 2023 | $240.4m | $94.2m | 0.39 |
| Q2 2023 | $162.4m | $103.2m | 0.64 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +820.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +605.6k |
| BANK OF MONTREAL /CAN/ | Added | +504.9k |
| DEUTSCHE BANK AG\ | Added | +338.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +333.2k |
| RIVERBRIDGE PARTNERS LLC | Added | +308.6k |
| WELLS FARGO & COMPANY/MN | Added | +293.7k |
| FIRST TRUST ADVISORS LP | New | +280.8k |
| JANA PARTNERS LLC | Added | +275.4k |
| BARCLAYS PLC | Added | +266.0k |
Biggest sellers
| FMR LLC | Reduced | -2.9m |
| FRED ALGER MANAGEMENT, LLC | Sold out | -361.1k |
| MARSHALL WACE, LLP | Reduced | -330.8k |
| Engaged Capital LLC | Sold out | -306.7k |
| CITADEL ADVISORS LLC | Reduced | -282.8k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -210.6k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -202.4k |
| WASATCH ADVISORS LP | Reduced | -181.3k |
| CITIGROUP INC | Reduced | -167.4k |
| Graham Capital Management, L.P. | Sold out | -162.3k |
Biggest calls
| UBS Group AG | Added | $35.1m534.1k shares |
| CITIGROUP INC | Reduced | $29.7m450.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.2m353.0k shares |
| Walleye Trading LLC | Reduced | $15.8m239.9k shares |
| JANE STREET GROUP, LLC | Reduced | $15.4m233.8k shares |
| CITADEL ADVISORS LLC | Reduced | $12.2m185.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $7.8m118.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.6m84.7k shares |
| Walleye Capital LLC | Added | $4.8m73.4k shares |
| GROUP ONE TRADING LLC | Reduced | $4.7m71.0k shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Added | $24.3m369.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.0m304.1k shares |
| CITADEL ADVISORS LLC | Added | $13.2m200.7k shares |
| JANE STREET GROUP, LLC | Reduced | $12.6m192.1k shares |
| CITIGROUP INC | Reduced | $6.5m98.7k shares |
| GROUP ONE TRADING LLC | Added | $5.6m84.7k shares |
| SIMPLEX TRADING, LLC | Added | $3.9m59.1k shares |
| K2 PRINCIPAL FUND, L.P. | Unchanged | $3.4m51.5k shares |
| Walleye Trading LLC | Reduced | $3.2m49.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.2m48.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-03 | 11.6% |
| Capital World Investors 13G · institution new · filed 2026-05-14 | 6.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| WASATCH ADVISORS LP 13G · institution -2.2 pts · filed 2026-07-15 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +0.5 pts · filed 2026-05-15 | 5.2% |
Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (4.5%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Champlain Investment Partners, LLC (3.6%, 2026-02-12)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 3 | $858.0k | 1 | $516.5k | — |
| Q1 2022 | 0 | — | 1 | $460.0k | — |
| Q2 2022 | 1 | $197.2k | 1 | $544.0k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $440.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-10 | Walsh Cathal SVP - Managing Director Europe | Sold | $440.0k6.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 4.6m $304.4m | Added +175.4k |
| JANA PARTNERS LLC 21.09% of their portfolio | 4.3m $282.3m | Added +275.4k |
| Champlain Investment Partners, LLC 1.51% of their portfolio | 3.7m $246.0m | Reduced -4.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 3.4m $223.1m | Reduced -25.1k |
| WASATCH ADVISORS LP 1.19% of their portfolio | 3.0m $196.3m | Reduced -181.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.56% of their portfolio | 2.6m $173.1m | Added +605.6k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 2.5m $167.5m | Added +820.5k |
| BlackRock Inc. 0.00% of their portfolio | 2.1m $140.5m | Added +29.5k |
| FMR LLC 0.01% of their portfolio | 2.1m $140.3m | Reduced -2.9m |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.1m $138.3m | Added +26.0k |
| GILDER GAGNON HOWE & CO LLC 1.56% of their portfolio | 1.7m $114.0m | Added +1.2k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 1.6m $103.3m | Added +36.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $77.7m | Reduced -80.0k |
| RIVERBRIDGE PARTNERS LLC 0.93% of their portfolio | 1.1m $74.1m | Added +308.6k |
| ARMISTICE CAPITAL, LLC 1.73% of their portfolio | 1.1m $69.1m | Reduced -137.0k |
| Capital World Investors 0.01% of their portfolio | 974.4k $64.1m | Added +76.5k |
| EAGLE ASSET MANAGEMENT INC 0.31% of their portfolio | 835.6k $55.0m | Reduced -15.8k |
| AXA S.A. 0.17% of their portfolio | 774.0k $50.9m | Reduced -12.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 773.0k $50.9m | Added +246.3k |
| Invesco Ltd. 0.01% of their portfolio | 716.3k $47.1m | Reduced -8.9k |
| STATE STREET CORP 0.00% of their portfolio | 713.9k $47.0m | Reduced -9.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 707.0k $46.5m | Added +25.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 706.2k $46.5m | Added +69.2k |
| MARSHALL WACE, LLP 0.10% of their portfolio | 670.6k $44.1m | Reduced -330.8k |
| Rock Springs Capital Management LP 1.04% of their portfolio | 662.5k $43.6m | Unchanged |
| Granite Investment Partners, LLC 1.58% of their portfolio | 603.1k $39.7m | Reduced -6.3k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 582.1k $38.3m | Added +1.3k |
| EMERALD ADVISERS, LLC 1.50% of their portfolio | 520.2k $34.2m | Reduced -5.6k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 514.5k $34.0m | Added +504.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 498.1k $32.8m | Reduced -102.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 477.0k $31.4m | Added +333.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.21% of their portfolio | 447.0k $29.4m | Added +40.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 437.0k $28.8m | Added +14.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.48% of their portfolio | 414.9k $27.3m | Reduced -3.9k |
| MORGAN STANLEY 0.00% of their portfolio | 401.1k $26.4m | Reduced -58.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 345.4k $22.7m | Added +293.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.13% of their portfolio | 344.7k $22.7m | Added +35.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 342.9k $22.6m | Added +338.7k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 339.7k $22.4m | Added +25.3k |
| NORGES BANK 0.00% of their portfolio | 335.1k $22.1m | Unchanged |
| Artisan Partners Limited Partnership 0.03% of their portfolio | 327.7k $21.6m | Reduced -6.0k |
| BARCLAYS PLC 0.01% of their portfolio | 322.5k $21.2m | Added +266.0k |
| GMT Capital Corp 0.71% of their portfolio | 283.8k $18.7m | Unchanged |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 280.8k $18.5m | New |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 279.0k $18.4m | Reduced -6.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 264.2k $17.4m | Added +4.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 255.9k $16.8m | Added +2.6k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 246.7k $16.2m | Added +37.6k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 236.6k $15.6m | Added +120.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 225.2k $14.8m | Reduced -210.6k |
| Capital Research Global Investors 0.00% of their portfolio | 223.0k $14.7m | Reduced -14.8k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 211.7k $13.9m | Reduced -7.7k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.29% of their portfolio | 202.9k $13.4m | Added +5.2k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.06% of their portfolio | 189.5k $12.5m | Unchanged |
| DEEPWATER ASSET MANAGEMENT, LLC 5.07% of their portfolio | 181.2k $11.9m | Added +88.2k |
| Redwood Investments, LLC 1.44% of their portfolio | 179.1k $11.8m | Reduced -74.0k |
| 13D Management LLC 5.44% of their portfolio | 151.5k $10.0m | Reduced -5.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 136.9k $9.0m | Reduced -202.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 135.7k $8.9m | Added +13.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 133.7k $8.8m | Reduced -4.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 120.6k $7.9m | Reduced -282.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 115.8k $7.6m | New |
| ProShare Advisors LLC 0.02% of their portfolio | 107.4k $7.1m | Added +30.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 105.3k $6.9m | Reduced -45.8k |
| Swiss National Bank 0.00% of their portfolio | 104.5k $6.9m | Added +900 |
| Pier Capital, LLC 0.98% of their portfolio | 103.4k $6.8m | Reduced -20.6k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 102.0k $6.7m | Reduced -2.2k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 100.0k $6.6m | Unchanged |
| Squarepoint Ops LLC 0.03% of their portfolio | 94.6k $6.2m | Added +34.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 93.7k $6.2m | Added +32.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 71.9k $4.7m | Reduced -4.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 70.0k $4.6m | New |
| California Public Employees Retirement System 0.00% of their portfolio | 68.9k $4.5m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 67.8k $4.5m | Added +60.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 67.5k $4.5m | Unchanged |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 62.6k $4.1m | Added +54.4k |
| Fort Point Capital Partners LLC 0.62% of their portfolio | 62.5k $4.1m | Unchanged |
| Redwood Investment Management, LLC 0.44% of their portfolio | 61.9k $4.3m | Added +10.0k |
| TWINBEECH CAPITAL LP 0.08% of their portfolio | 59.1k $3.9m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 59.1k $3.9m | Reduced -11.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 58.6k $3.9m | Added +8.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 57.6k $3.8m | Reduced -1.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 55.5k $3.6m | Reduced -1.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 55.4k $3.6m | Added +3.5k |
| Marlowe Partners LP 8.42% of their portfolio | 54.9k $3.6m | Reduced -29.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 53.3k $3.5m | Added +4.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 49.7k $3.3m | Reduced -1.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 46.1k $3.0m | Reduced -1.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 44.8k $2.9m | Added +3.6k |
| Legal & General Group Plc 0.00% of their portfolio | 44.4k $2.9m | Reduced -485 |
| COMMERCE BANK 0.02% of their portfolio | 44.4k $2.9m | Added +1.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 40.1k $2.6m | Added +4.3k |
| Sarasin & Partners LLP 0.03% of their portfolio | 40.0k $2.6m | Reduced -40.0k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 39.0k $2.6m | Reduced -18.3k |
| IRONWOOD INVESTMENT MANAGEMENT LLC 1.44% of their portfolio | 38.1k $2.5m | Added +662 |
| GENEVA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 37.4k $2.5m | Reduced -2.2k |
| HRT FINANCIAL LP 0.02% of their portfolio | 36.9k $2.4m | Reduced -82.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 36.9k $2.4m | Reduced -31.9k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.07% of their portfolio | 35.9k $2.4m | Added +743 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 35.6k $2.3m | Reduced -2.2k |