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 ($53.7m this quarter). Holder counts are more reliable. Shares outstanding: 48.5m as of 2024-08-01, 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 ≈ $129.38. Options: 18 managers hold calls ($136.7m notional), 17 hold puts ($150.5m).
Trends to Q2 2024
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 |
| Q1 2024 | 325 |
| Q2 2024 | 374 |
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 |
| Q1 2024 | 160 | 145 |
| Q2 2024 | 204 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $85.7m | $95.0m | 1.11 |
| Q4 2023 | $99.4m | $142.6m | 1.44 |
| Q1 2024 | $104.8m | $155.2m | 1.48 |
| Q2 2024 | $136.7m | $150.5m | 1.10 |
Biggest buyers
| AXA S.A. | Added | +479.2k |
| Man Group plc | Added | +472.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +472.1k |
| CITADEL ADVISORS LLC | Added | +344.2k |
| WCM INVESTMENT MANAGEMENT, LLC | New | +326.2k |
| Invesco Ltd. | Added | +310.8k |
| JENNISON ASSOCIATES LLC | Added | +310.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +306.7k |
| TWO SIGMA ADVISERS, LP | New | +254.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +179.3k |
Biggest sellers
| Champlain Investment Partners, LLC | Reduced | -1.2m |
| JANA Partners Management, LP | Sold out | -1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -846.7k |
| MORGAN STANLEY | Reduced | -618.8k |
| JPMORGAN CHASE & CO | Reduced | -422.4k |
| WASATCH ADVISORS LP | Reduced | -416.9k |
| Bank of New York Mellon Corp | Reduced | -416.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -316.0k |
| PRUDENTIAL FINANCIAL INC | Reduced | -190.1k |
| Rock Springs Capital Management LP | Reduced | -182.5k |
Biggest calls
| BARCLAYS PLC | Reduced | $31.4m242.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $26.2m202.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $18.2m141.0k shares |
| D. E. Shaw & Co., Inc. | Added | $17.8m137.6k shares |
| JANE STREET GROUP, LLC | Added | $14.2m109.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.8m44.5k shares |
| Walleye Trading LLC | Reduced | $5.0m38.5k shares |
| CITADEL ADVISORS LLC | Reduced | $4.8m36.9k shares |
| Walleye Capital LLC | Reduced | $4.2m32.6k shares |
| GROUP ONE TRADING LLC | Added | $2.3m18.1k shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Added | $69.4m536.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $21.9m169.4k shares |
| CITADEL ADVISORS LLC | Reduced | $16.4m127.0k shares |
| GROUP ONE TRADING LLC | Reduced | $10.6m82.1k shares |
| JANE STREET GROUP, LLC | Reduced | $8.5m65.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.9m53.2k shares |
| GTS SECURITIES LLC | Added | $3.2m24.4k shares |
| Walleye Trading LLC | Reduced | $2.9m22.6k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $2.9m22.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.7m13.2k 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 Q2 2024
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 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 | — |
| Q1 2024 | 0 | — | 2 | $1.7m | — |
| Q2 2024 | 0 | — | 1 | $2.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-05 | Macchiaverna Stephen EVP, Treasurer | Sold | $792.8k6.0k shares |
| 2024-05-14 | Macchiaverna Stephen EVP, Treasurer | Sold | $634.5k5.0k shares |
| 2024-05-10 | Macchiaverna Stephen EVP, Treasurer | Sold | $786.7k6.5k shares |
| 2024-05-09 | Macchiaverna Stephen EVP, Treasurer | Sold | $144.6k1.2k shares |
| 2024-05-08 | Macchiaverna Stephen EVP, Treasurer | Sold | $122.1k1.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 4.7m $602.3m | Reduced -11.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 2.6m $338.8m | Reduced -316.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.6m $336.6m | Reduced -422.4k |
| Champlain Investment Partners, LLC 1.95% of their portfolio | 2.5m $318.3m | Reduced -1.2m |
| WASATCH ADVISORS LP 1.53% of their portfolio | 2.2m $286.4m | Reduced -416.9k |
| BlackRock Inc. 0.01% of their portfolio | 2.2m $279.4m | Added +95.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.59% of their portfolio | 1.7m $225.2m | Reduced -846.7k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 1.6m $212.9m | Reduced -26.2k |
| GILDER GAGNON HOWE & CO LLC 2.52% of their portfolio | 1.6m $201.2m | Reduced -10.1k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.4m $186.5m | Reduced -56.0k |
| Invesco Ltd. 0.03% of their portfolio | 1.2m $156.9m | Added +310.8k |
| JENNISON ASSOCIATES LLC 0.10% of their portfolio | 1.2m $153.5m | Added +310.6k |
| LORD, ABBETT & CO. LLC 0.23% of their portfolio | 1.1m $137.9m | Added +150.3k |
| RIVERBRIDGE PARTNERS LLC 1.75% of their portfolio | 993.5k $128.5m | Reduced -72.0k |
| AXA S.A. 0.19% of their portfolio | 985.3k $127.5m | Added +479.2k |
| Capital World Investors 0.02% of their portfolio | 974.4k $126.1m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 923.5k $119.5m | Added +22.8k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 901.9k $116.7m | Added +344.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 798.4k $103.3m | Added +39.6k |
| D. E. Shaw & Co., Inc. 0.14% of their portfolio | 796.3k $103.0m | Added +170.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 785.2k $101.6m | Added +74.2k |
| EAGLE ASSET MANAGEMENT INC 0.54% of their portfolio | 781.2k $100.8m | Reduced -62.9k |
| STATE STREET CORP 0.00% of their portfolio | 762.8k $98.7m | Added +16.6k |
| Driehaus Capital Management LLC 0.90% of their portfolio | 721.3k $93.3m | Added +141.6k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 718.8k $93.0m | Added +179.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 631.9k $81.8m | Reduced -416.2k |
| MARSHALL WACE, LLP 0.11% of their portfolio | 578.3k $74.8m | Reduced -45.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 571.0k $73.9m | Added +472.1k |
| NORGES BANK 0.01% of their portfolio | 559.1k $72.3m | Added +66.0k |
| EMERALD ADVISERS, LLC 2.92% of their portfolio | 537.7k $69.6m | Reduced -28.5k |
| Man Group plc 0.17% of their portfolio | 487.6k $63.1m | Added +472.2k |
| Rock Springs Capital Management LP 1.87% of their portfolio | 480.0k $62.1m | Reduced -182.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.25% of their portfolio | 456.0k $59.0m | Added +93.7k |
| EMERALD MUTUAL FUND ADVISERS TRUST 3.07% of their portfolio | 452.8k $58.6m | Reduced -71 |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 434.1k $56.2m | Reduced -146.3k |
| MORGAN STANLEY 0.00% of their portfolio | 396.2k $51.3m | Reduced -618.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 394.3k $51.0m | Reduced -151.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 390.2k $50.5m | Reduced -14.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 378.9k $49.0m | Reduced -7.3k |
| Granite Investment Partners, LLC 1.96% of their portfolio | 366.3k $47.4m | Reduced -41.3k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 348.0k $45.0m | Added +306.7k |
| WCM INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 326.2k $42.2m | New |
| Capital Research Global Investors 0.01% of their portfolio | 323.0k $41.8m | Unchanged |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.28% of their portfolio | 315.8k $40.9m | Reduced -54.4k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 292.8k $37.9m | Reduced -190.1k |
| Woodline Partners LP 0.36% of their portfolio | 288.6k $37.3m | Added +5.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 284.8k $36.8m | Added +2.3k |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 254.0k $32.9m | New |
| Candlestick Capital Management LP 1.24% of their portfolio | 250.0k $32.3m | Unchanged |
| Allianz Asset Management GmbH 0.05% of their portfolio | 236.3k $30.6m | Reduced -34.6k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 232.5k $30.1m | Reduced -9.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 231.9k $30.0m | Reduced -18.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 230.1k $29.8m | Added +10.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 227.4k $29.4m | Reduced -44.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.12% of their portfolio | 224.5k $29.1m | Reduced -611 |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 222.1k $28.9m | Added +5.5k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 212.8k $27.5m | Reduced -36.2k |
| NEXT CENTURY GROWTH INVESTORS LLC 2.24% of their portfolio | 208.5k $27.0m | Added +14.2k |
| BARCLAYS PLC 0.01% of their portfolio | 195.3k $25.3m | Reduced -60.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 185.1k $24.0m | Reduced -25.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 161.3k $20.9m | Added +96.8k |
| Fort Point Capital Partners LLC 2.67% of their portfolio | 160.8k $20.8m | Added +101.0k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 152.1k $19.7m | Added +114.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 147.4k $19.1m | Added +2.6k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 146.4k $18.9m | Reduced -15.8k |
| TimesSquare Capital Management, LLC 0.29% of their portfolio | 144.4k $18.7m | Reduced -9.6k |
| TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio | 135.0k $17.5m | Added +22.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 130.5k $16.9m | Added +95.7k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 122.0k $15.8m | Added +113.7k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 116.2k $15.0m | Reduced -23.2k |
| ARMISTICE CAPITAL, LLC 0.39% of their portfolio | 115.8k $15.0m | Reduced -58.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 114.4k $14.8m | Added +3.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 111.7k $14.4m | Added +21.5k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.97% of their portfolio | 105.7k $13.7m | Reduced -8.7k |
| Cubist Systematic Strategies, LLC 0.22% of their portfolio | 96.7k $12.5m | Added +47.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 92.4k $12.0m | Reduced -22.0k |
| Swiss National Bank 0.01% of their portfolio | 90.2k $11.7m | Reduced -200 |
| Verition Fund Management LLC 0.09% of their portfolio | 86.9k $11.2m | Added +25.9k |
| Amundi 0.00% of their portfolio | 85.6k $11.3m | Reduced -1.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 80.5k $10.4m | Added +4.4k |
| FMR LLC 0.00% of their portfolio | 80.1k $10.4m | Reduced -163.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 79.3k $10.3m | Added +18.1k |
| Engineers Gate Manager LP 0.23% of their portfolio | 77.6k $10.0m | Added +75.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 77.4k $10.0m | Added +19.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 75.7k $9.8m | Reduced -4.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 73.1k $9.5m | Added +47.7k |
| Marlowe Partners LP 26.22% of their portfolio | 72.1k $9.3m | Reduced -9.0k |
| Lisanti Capital Growth, LLC 2.18% of their portfolio | 70.2k $9.1m | Added +2.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 70.1k $9.1m | Added +59.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 69.4k $8.9m | Added +37.7k |
| M&G PLC 0.05% of their portfolio | 68.9k $8.9m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 68.8k $8.9m | New |
| THORNBURG INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 68.1k $8.8m | Reduced -3.7k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 68.1k $8.8m | Added +48.2k |
| SEGALL BRYANT & HAMILL, LLC 0.16% of their portfolio | 67.7k $8.8m | Added +1.8k |
| PEAK6 Investments LLC 0.38% of their portfolio | 63.5k $8.2m | Added +29.9k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 62.3k $8.1m | Reduced -15.0k |
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 62.0k $8.0m | Reduced -7.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.67% of their portfolio | 61.4k $7.9m | Reduced -41.5k |
| LPL Financial LLC 0.00% of their portfolio | 61.1k $7.9m | Added +314 |