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 ($6.5m this quarter). Holder counts are more reliable. Shares outstanding: 48.8m as of 2025-08-01, 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 ≈ $67.98. Options: 17 managers hold calls ($85.2m notional), 22 hold puts ($95.3m).
Trends to Q2 2025
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 |
| Q3 2024 | 377 |
| Q4 2024 | 402 |
| Q1 2025 | 355 |
| Q2 2025 | 345 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 130 | 109 |
| Q4 2023 | 122 | 130 |
| Q1 2024 | 160 | 145 |
| Q2 2024 | 204 | 145 |
| Q3 2024 | 163 | 206 |
| Q4 2024 | 183 | 182 |
| Q1 2025 | 204 | 223 |
| Q2 2025 | 212 | 164 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $136.5m | $172.0m | 1.26 |
| Q4 2024 | $126.1m | $188.9m | 1.50 |
| Q1 2025 | $75.9m | $77.6m | 1.02 |
| Q2 2025 | $85.2m | $95.3m | 1.12 |
Biggest buyers
| WASATCH ADVISORS LP | Added | +1.1m |
| Champlain Investment Partners, LLC | Added | +753.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +632.8k |
| Engaged Capital LLC | New | +619.1k |
| Hood River Capital Management LLC | New | +496.0k |
| AustralianSuper Pty Ltd | New | +444.7k |
| PointState Capital LP | New | +357.1k |
| EMINENCE CAPITAL, LP | New | +339.2k |
| ROYAL BANK OF CANADA | Added | +304.6k |
| COUNTRY TRUST BANK | New | +278.5k |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -1.2m |
| Invesco Ltd. | Reduced | -636.8k |
| BlackRock, Inc. | Reduced | -588.0k |
| MORGAN STANLEY | Reduced | -560.7k |
| Ilex Capital Partners (UK) LLP | Reduced | -428.2k |
| JENNISON ASSOCIATES LLC | Reduced | -284.5k |
| AXA S.A. | Reduced | -247.9k |
| D. E. Shaw & Co., Inc. | Reduced | -226.5k |
| LOOMIS SAYLES & CO L P | Sold out | -220.0k |
| UBS Group AG | Reduced | -220.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.2m297.1k shares |
| BARCLAYS PLC | Added | $16.4m241.0k shares |
| JANE STREET GROUP, LLC | Added | $9.8m144.1k shares |
| CITADEL ADVISORS LLC | Added | $9.4m137.7k shares |
| GROUP ONE TRADING LLC | Added | $6.6m97.0k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.6m67.1k shares |
| Squarepoint Ops LLC | Added | $3.7m55.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.1m45.1k shares |
| Cubist Systematic Strategies, LLC | Added | $2.6m38.3k shares |
| IMC-Chicago, LLC | Reduced | $2.3m33.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.1m295.7k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $13.6m200.0k shares |
| TWO SIGMA INVESTMENTS, LP | Unchanged | $11.7m171.7k shares |
| D. E. Shaw & Co., Inc. | New | $11.3m166.5k shares |
| CITADEL ADVISORS LLC | Added | $10.0m147.1k shares |
| Squarepoint Ops LLC | Added | $3.8m55.4k shares |
| Balyasny Asset Management L.P. | New | $3.4m50.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.2m47.4k shares |
| Cubist Systematic Strategies, LLC | Added | $3.2m47.2k shares |
| Sculptor Capital LP | Unchanged | $2.9m42.8k 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 2025
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 2023 | 1 | $73.5k | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $375.3k | — |
| Q1 2024 | 0 | — | 2 | $1.7m | — |
| Q2 2024 | 0 | — | 1 | $2.5m | — |
| Q3 2024 | 0 | — | 2 | $1.9m | — |
| Q4 2024 | 0 | — | 3 | $8.1m | — |
| Q1 2025 | 7 | $1.0m | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.6m $381.4m | Reduced -588.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.2m $354.9m | Reduced -985 |
| WASATCH ADVISORS LP 1.37% of their portfolio | 3.8m $260.9m | Added +1.1m |
| WCM INVESTMENT MANAGEMENT, LLC 0.43% of their portfolio | 2.8m $189.7m | Reduced -38.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.7m $183.5m | Added +83.5k |
| Champlain Investment Partners, LLC 1.22% of their portfolio | 2.6m $174.6m | Added +753.1k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 1.7m $117.7m | Added +29.5k |
| FMR LLC 0.01% of their portfolio | 1.5m $104.2m | Reduced -142.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $103.9m | Added +20.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio | 1.5m $103.8m | Added +260.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.3m $90.7m | Reduced -7.7k |
| GILDER GAGNON HOWE & CO LLC 0.95% of their portfolio | 1.3m $89.7m | Reduced -86.0k |
| RIVERBRIDGE PARTNERS LLC 1.38% of their portfolio | 1.3m $86.0m | Added +238.1k |
| JANA Partners Management, LP 3.44% of their portfolio | 1.0m $68.4m | Added +272.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 991.3k $67.4m | Added +47.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 897.0k $61.0m | Added +30.9k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 860.0k $58.4m | Added +632.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 846.8k $57.6m | Reduced -60.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 835.5k $56.8m | Reduced -969 |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 744.6k $50.6m | Reduced -16.0k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 635.6k $43.2m | Added +245.2k |
| Engaged Capital LLC 11.77% of their portfolio | 619.1k $42.1m | New |
| Capital World Investors 0.01% of their portfolio | 588.8k $40.0m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 568.8k $38.7m | Added +159.1k |
| ARMISTICE CAPITAL, LLC 1.46% of their portfolio | 565.4k $38.4m | Reduced -151.6k |
| Man Group plc 0.08% of their portfolio | 534.5k $36.3m | Reduced -35.8k |
| MORGAN STANLEY 0.00% of their portfolio | 523.2k $35.6m | Reduced -560.7k |
| EMERALD ADVISERS, LLC 1.30% of their portfolio | 521.2k $35.4m | Added +11.7k |
| Hood River Capital Management LLC 0.47% of their portfolio | 496.0k $33.7m | New |
| UBS Group AG 0.01% of their portfolio | 490.2k $33.3m | Reduced -220.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 479.8k $32.6m | Added +10.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 445.8k $30.3m | Reduced -32.5k |
| AustralianSuper Pty Ltd 0.15% of their portfolio | 444.7k $30.2m | New |
| SEI INVESTMENTS CO 0.03% of their portfolio | 426.8k $29.0m | Added +95.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 395.5k $26.9m | Reduced -49.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 386.6k $26.3m | Reduced -28.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 372.2k $25.3m | Added +304.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 368.0k $25.0m | Added +254.5k |
| PointState Capital LP 0.52% of their portfolio | 357.1k $24.3m | New |
| Fort Point Capital Partners LLC 2.37% of their portfolio | 347.9k $23.6m | Added +85.1k |
| EMINENCE CAPITAL, LP 0.34% of their portfolio | 339.2k $23.1m | New |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 333.7k $22.7m | Added +29.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 326.7k $22.2m | Added +119.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 317.0k $21.5m | Added +34.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 310.8k $21.1m | Added +124.5k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.23% of their portfolio | 297.6k $20.2m | Reduced -15.7k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 296.8k $20.2m | Reduced -27.2k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 284.9k $19.4m | Reduced -40.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.13% of their portfolio | 282.3k $19.2m | Added +9.7k |
| COUNTRY TRUST BANK 0.42% of their portfolio | 278.5k $18.9m | New |
| Capital Research Global Investors 0.00% of their portfolio | 276.7k $18.8m | Unchanged |
| Granite Investment Partners, LLC 0.88% of their portfolio | 266.8k $18.1m | Reduced -21.7k |
| GW&K Investment Management, LLC 0.15% of their portfolio | 248.6k $16.9m | Added +216.4k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 247.4k $16.8m | Reduced -1.2m |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 240.7k $16.4m | Reduced -503 |
| Allianz Asset Management GmbH 0.02% of their portfolio | 218.8k $14.9m | Reduced -5.3k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 213.4k $14.5m | Reduced -284.5k |
| BARCLAYS PLC 0.01% of their portfolio | 204.6k $13.9m | Added +6.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 204.5k $13.9m | Added +49.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 183.3k $12.5m | New |
| AXA S.A. 0.04% of their portfolio | 180.3k $12.3m | Reduced -247.9k |
| TimesSquare Capital Management, LLC 0.18% of their portfolio | 179.3k $12.2m | Added +37.5k |
| Invesco Ltd. 0.00% of their portfolio | 168.6k $11.5m | Reduced -636.8k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.48% of their portfolio | 166.5k $11.3m | Added +36.9k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 166.3k $11.3m | Added +12.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 154.3k $10.5m | Added +17.8k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 147.3k $10.0m | Added +47.5k |
| Nuveen, LLC 0.00% of their portfolio | 138.9k $9.4m | Reduced -42.3k |
| Legal & General Group Plc 0.00% of their portfolio | 132.1k $9.0m | Added +4.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 109.7k $7.5m | Added +26.1k |
| CITIGROUP INC 0.01% of their portfolio | 109.1k $7.4m | Added +41.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 106.5k $7.2m | Added +111 |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 95.7k $6.5m | Added +5.4k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 95.6k $6.5m | Added +38.6k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio | 92.4k $6.3m | Added +44.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 88.7k $6.0m | Added +76.5k |
| Swiss National Bank 0.00% of their portfolio | 88.3k $6.0m | Reduced -1.0k |
| Verition Fund Management LLC 0.03% of their portfolio | 88.3k $6.0m | Added +54.1k |
| Nicholas Investment Partners, LP 0.53% of their portfolio | 87.8k $6.0m | New |
| Aquatic Capital Management LLC 0.12% of their portfolio | 85.4k $5.8m | Reduced -7.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 84.7k $5.8m | Added +7.7k |
| ProShare Advisors LLC 0.01% of their portfolio | 83.7k $5.7m | Added +20.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 81.7k $5.5m | Added +18.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 81.0k $5.5m | Added +24.6k |
| Squarepoint Ops LLC 0.01% of their portfolio | 77.3k $5.3m | Reduced -218.9k |
| GENEVA CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 75.3k $5.1m | Added +4.0k |
| SEGALL BRYANT & HAMILL, LLC 0.07% of their portfolio | 75.2k $5.1m | Added +12.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 72.8k $5.0m | New |
| Impax Asset Management Group plc 0.03% of their portfolio | 70.0k $4.8m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 69.6k $4.7m | Reduced -99.8k |
| Holocene Advisors, LP 0.01% of their portfolio | 69.2k $4.7m | Added +63.2k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 66.5k $4.5m | Added +11.8k |
| Susquehanna Portfolio Strategies, LLC 0.10% of their portfolio | 66.2k $4.5m | New |
| Pier Capital, LLC 0.68% of their portfolio | 66.0k $4.5m | New |
| California Public Employees Retirement System 0.00% of their portfolio | 62.5k $4.2m | Added +1.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 59.6k $4.1m | Reduced -19.3k |
| Portolan Capital Management, LLC 0.24% of their portfolio | 56.3k $3.8m | New |
| B. Metzler seel. Sohn & Co. AG 0.03% of their portfolio | 52.8k $3.6m | Added +18.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 52.5k $3.6m | Added +12.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 51.3k $3.5m | Added +18.0k |