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 ($5.9m this quarter). Holder counts are more reliable. Shares outstanding: 48.2m as of 2023-11-02, 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 ≈ $86.66. Options: 23 managers hold calls ($99.4m notional), 24 hold puts ($142.6m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 232 |
| Q1 2023 | 259 |
| Q2 2023 | 244 |
| Q3 2023 | 253 |
| Q4 2023 | 271 |
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 |
| Q3 2023 | 130 | 109 |
| Q4 2023 | 122 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $240.4m | $94.2m | 0.39 |
| Q2 2023 | $162.4m | $103.2m | 0.64 |
| Q3 2023 | $85.7m | $95.0m | 1.11 |
| Q4 2023 | $99.4m | $142.6m | 1.44 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +1.7m |
| AXA S.A. | Added | +619.9k |
| Candlestick Capital Management LP | New | +313.1k |
| CITADEL ADVISORS LLC | Added | +297.2k |
| Balyasny Asset Management L.P. | New | +276.3k |
| JENNISON ASSOCIATES LLC | Added | +245.4k |
| LOOMIS SAYLES & CO L P | Added | +242.7k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +234.8k |
| MORGAN STANLEY | Added | +181.3k |
| Verition Fund Management LLC | New | +142.9k |
Biggest sellers
| FMR LLC | Reduced | -1.0m |
| JANA Partners Management, LP | Reduced | -460.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -318.6k |
| Artisan Partners Limited Partnership | Sold out | -316.5k |
| Invesco Ltd. | Reduced | -287.4k |
| GMT Capital Corp | Sold out | -283.8k |
| BANK OF MONTREAL /CAN/ | Reduced | -276.8k |
| MARSHALL WACE, LLP | Reduced | -224.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -216.2k |
| WASATCH ADVISORS LP | Reduced | -136.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $19.6m226.3k shares |
| Walleye Trading LLC | Reduced | $17.1m196.9k shares |
| BARCLAYS PLC | New | $11.5m132.4k shares |
| Walleye Capital LLC | Added | $8.6m99.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.8m78.3k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $6.7m77.3k shares |
| Parallax Volatility Advisers, L.P. | New | $5.2m60.0k shares |
| CITADEL ADVISORS LLC | Reduced | $5.2m59.5k shares |
| JANE STREET GROUP, LLC | Added | $3.6m41.7k shares |
| GROUP ONE TRADING LLC | Reduced | $2.4m28.2k shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Added | $45.5m523.9k shares |
| CITADEL ADVISORS LLC | Added | $19.6m225.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.6m214.0k shares |
| JANE STREET GROUP, LLC | Added | $10.1m116.4k shares |
| SIMPLEX TRADING, LLC | Added | $8.4m96.7k shares |
| GROUP ONE TRADING LLC | Reduced | $7.2m83.5k shares |
| Centiva Capital, LP | New | $6.6m75.6k shares |
| BARCLAYS PLC | New | $4.4m50.7k shares |
| CITIGROUP INC | Reduced | $3.5m40.9k shares |
| Walleye Trading LLC | Reduced | $3.4m39.2k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 1 | $73.5k | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $375.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-15 | Macchiaverna Stephen EVP, Secretary Treasurer | Sold | $375.3k4.5k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 4.7m $403.7m | Added +32.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.8m $330.2m | Added +1.7m |
| Champlain Investment Partners, LLC 1.95% of their portfolio | 3.8m $329.2m | Reduced -3.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.4m $291.5m | Reduced -216.2k |
| JANA Partners Management, LP 15.65% of their portfolio | 2.8m $242.4m | Reduced -460.5k |
| WASATCH ADVISORS LP 1.33% of their portfolio | 2.8m $240.7m | Reduced -136.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.66% of their portfolio | 2.6m $228.2m | Reduced -110.9k |
| BlackRock Inc. 0.00% of their portfolio | 2.1m $178.4m | Reduced -102.8k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 2.0m $175.9m | Reduced -318.6k |
| GILDER GAGNON HOWE & CO LLC 2.04% of their portfolio | 1.7m $148.3m | Added +47.9k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 1.7m $146.6m | Added +117.9k |
| AXA S.A. 0.20% of their portfolio | 1.4m $121.1m | Added +619.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $100.6m | Reduced -94.6k |
| RIVERBRIDGE PARTNERS LLC 1.18% of their portfolio | 1.1m $94.7m | Reduced -14.2k |
| Capital World Investors 0.02% of their portfolio | 974.4k $84.5m | Unchanged |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 915.8k $79.5m | Added +245.4k |
| EAGLE ASSET MANAGEMENT INC 0.41% of their portfolio | 874.0k $75.8m | Added +475 |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 828.0k $71.8m | Added +54.7k |
| ARMISTICE CAPITAL, LLC 1.85% of their portfolio | 803.3k $69.7m | Reduced -11.5k |
| LORD, ABBETT & CO. LLC 0.12% of their portfolio | 799.9k $69.4m | Reduced -51.5k |
| STATE STREET CORP 0.00% of their portfolio | 747.3k $64.8m | Added +26.3k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 738.6k $64.1m | Reduced -224.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 735.2k $63.8m | Added +14.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 712.1k $61.8m | Reduced -40.2k |
| Rock Springs Capital Management LP 1.42% of their portfolio | 662.5k $57.5m | Unchanged |
| EMERALD ADVISERS, LLC 2.09% of their portfolio | 562.5k $48.8m | Added +41.7k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 558.3k $48.4m | Added +297.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 517.2k $44.9m | Added +13.1k |
| Granite Investment Partners, LLC 1.73% of their portfolio | 513.0k $44.5m | Reduced -76.0k |
| Driehaus Capital Management LLC 0.50% of their portfolio | 477.8k $41.5m | Added +138.6k |
| Invesco Ltd. 0.01% of their portfolio | 468.7k $40.7m | Reduced -287.4k |
| NORGES BANK 0.01% of their portfolio | 464.8k $40.3m | Added +60.7k |
| EMERALD MUTUAL FUND ADVISERS TRUST 2.08% of their portfolio | 452.8k $39.3m | Added +37.9k |
| MORGAN STANLEY 0.00% of their portfolio | 426.4k $37.0m | Added +181.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.26% of their portfolio | 425.3k $36.9m | Reduced -30.4k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 414.0k $35.9m | Added +142.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 410.5k $35.6m | Reduced -24.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 345.8k $30.0m | Added +234.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.15% of their portfolio | 334.6k $29.0m | Added +35.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 329.1k $29.2m | Reduced -276.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 325.8k $28.3m | Reduced -42.6k |
| Capital Research Global Investors 0.01% of their portfolio | 323.0k $28.0m | Unchanged |
| Candlestick Capital Management LP 0.87% of their portfolio | 313.1k $27.2m | New |
| BARCLAYS PLC 0.01% of their portfolio | 303.3k $26.3m | Reduced -26.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 291.5k $25.3m | Reduced -50.1k |
| FMR LLC 0.00% of their portfolio | 286.2k $24.8m | Reduced -1.0m |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 276.3k $24.0m | New |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 273.3k $23.7m | Reduced -2.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 272.9k $23.7m | Added +6.0k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 267.6k $23.2m | Reduced -50.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 252.1k $15.5m | Added +32.6k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 242.9k $21.1m | Added +242.7k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 238.6k $20.7m | Reduced -19.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.09% of their portfolio | 226.3k $19.6m | Added +35.7k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 216.2k $18.8m | Added +4.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 192.5k $16.7m | Added +63.3k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.45% of their portfolio | 171.9k $14.9m | Reduced -31.7k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 158.6k $13.8m | Added +138.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 156.7k $13.6m | Added +66.8k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.92% of their portfolio | 143.0k $12.4m | Reduced -17.8k |
| Verition Fund Management LLC 0.13% of their portfolio | 142.9k $12.4m | New |
| Woodline Partners LP 0.14% of their portfolio | 142.7k $12.4m | Added +97.8k |
| 13D Management LLC 6.37% of their portfolio | 124.9k $10.8m | Reduced -31.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 103.7k $9.0m | Added +97.4k |
| TUDOR INVESTMENT CORP ET AL 0.12% of their portfolio | 101.8k $8.8m | Added +16.5k |
| ProShare Advisors LLC 0.03% of their portfolio | 100.7k $8.7m | Reduced -14.1k |
| Pier Capital, LLC 1.24% of their portfolio | 100.3k $8.7m | Reduced -1.4k |
| Aquatic Capital Management LLC 0.22% of their portfolio | 99.1k $8.6m | Added +45.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 98.0k $8.5m | Reduced -17.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 95.1k $8.3m | Reduced -6.2k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 91.0k $7.9m | Added +43.0k |
| Swiss National Bank 0.01% of their portfolio | 90.2k $7.8m | Reduced -4.9k |
| CITIGROUP INC 0.01% of their portfolio | 90.1k $7.8m | Reduced -54.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 88.7k $7.7m | Added +32.0k |
| Marlowe Partners LP 20.22% of their portfolio | 85.8k $7.4m | Reduced -12.1k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 83.3k $7.2m | Reduced -16.1k |
| Bridgewater Associates, LP 0.04% of their portfolio | 82.4k $7.1m | Reduced -9.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 79.3k $6.9m | Reduced -1.8k |
| Squarepoint Ops LLC 0.03% of their portfolio | 78.0k $6.8m | Added +36.6k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 71.0k $6.2m | Added +4.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 69.7k $6.0m | Added +804 |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 69.3k $6.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 68.1k $5.9m | Reduced -92.1k |
| Fort Point Capital Partners LLC 0.89% of their portfolio | 66.7k $5.8m | Added +300 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 64.8k $5.6m | Reduced -3.4k |
| California Public Employees Retirement System 0.00% of their portfolio | 64.7k $5.6m | Reduced -10.7k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 61.7k $5.3m | Added +9.3k |
| Amundi 0.00% of their portfolio | 61.5k $5.2m | Added +58.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 60.7k $5.3m | Added +7.7k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.47% of their portfolio | 60.1k $5.2m | Reduced -62.0k |
| Lisanti Capital Growth, LLC 1.20% of their portfolio | 58.7k $5.1m | Reduced -55.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 56.6k $4.7m | Reduced -2.1k |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 54.0k $4.7m | Reduced -7.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 53.4k $4.6m | Reduced -1.4k |
| Impax Asset Management Group plc 0.02% of their portfolio | 50.0k $4.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 48.0k $4.2m | Reduced -503 |
| TRILLIUM ASSET MANAGEMENT, LLC 0.11% of their portfolio | 47.5k $4.1m | Added +5.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 47.2k $4.1m | Reduced -471 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 46.7k $4.1m | Added +471 |
| Redwood Investments, LLC 1.04% of their portfolio | 45.7k $4.0m | Reduced -121.8k |