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 ($6.7m this quarter). Holder counts are more reliable. Shares outstanding: 48.8m as of 2025-10-30, 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 ≈ $60.95. Options: 15 managers hold calls ($49.6m notional), 12 hold puts ($86.2m).
Trends to Q4 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 |
| Q3 2025 | 317 |
| Q4 2025 | 339 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 160 | 145 |
| Q2 2024 | 204 | 145 |
| Q3 2024 | 163 | 206 |
| Q4 2024 | 183 | 182 |
| Q1 2025 | 204 | 223 |
| Q2 2025 | 212 | 164 |
| Q3 2025 | 172 | 198 |
| Q4 2025 | 193 | 150 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $75.9m | $77.6m | 1.02 |
| Q2 2025 | $85.2m | $95.3m | 1.12 |
| Q3 2025 | $72.4m | $132.1m | 1.83 |
| Q4 2025 | $49.6m | $86.2m | 1.74 |
Biggest buyers
| BANK OF MONTREAL /CAN/ | Added | +1.2m |
| Balyasny Asset Management L.P. | New | +931.9k |
| Ilex Capital Partners (UK) LLP | Added | +910.2k |
| Alyeska Investment Group, L.P. | Added | +658.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +461.4k |
| MORGAN STANLEY | Added | +424.6k |
| Lighthouse Investment Partners, LLC | New | +371.8k |
| MARSHALL WACE, LLP | Added | +362.1k |
| RAYMOND JAMES FINANCIAL INC | Added | +261.5k |
| Capitolis Liquid Global Markets LLC | New | +260.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.1m |
| FMR LLC | Reduced | -945.0k |
| FRANKLIN RESOURCES INC | Reduced | -860.5k |
| Qube Research & Technologies Ltd | Reduced | -750.0k |
| Champlain Investment Partners, LLC | Reduced | -714.1k |
| JANA Partners Management, LP | Reduced | -490.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -352.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -315.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -293.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -270.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $21.0m344.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.1m231.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $2.3m37.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m27.4k shares |
| Walleye Trading LLC | Reduced | $1.4m23.7k shares |
| IMC-Chicago, LLC | Reduced | $1.4m22.8k shares |
| Walleye Capital LLC | Reduced | $1.4m22.7k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $1.2m20.0k shares |
| UBS Group AG | New | $1.2m20.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m19.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $43.0m706.5k shares |
| CITADEL ADVISORS LLC | Added | $14.3m235.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $12.9m210.9k shares |
| IMC-Chicago, LLC | Reduced | $3.2m52.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $2.9m47.2k shares |
| Walleye Capital LLC | Added | $2.6m42.7k shares |
| JANE STREET GROUP, LLC | Added | $1.8m29.2k shares |
| Walleye Trading LLC | Added | $1.8m28.9k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $1.7m28.0k shares |
| GROUP ONE TRADING LLC | Reduced | $1.1m18.6k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 6 | $332.3k | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $3.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-05 | Morris Scott James President · By Trust | Sold | $320.5k5.1k shares |
| 2025-11-06 | Morris Scott James President | Sold | $3.5m63.1k 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.8m $351.2m | Added +144.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.3m $321.8m | Added +128.5k |
| WASATCH ADVISORS LP 1.43% of their portfolio | 3.9m $239.9m | Added +162.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.2m $131.1m | Reduced -144.6k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.33% of their portfolio | 2.0m $119.0m | Added +461.4k |
| Champlain Investment Partners, LLC 1.10% of their portfolio | 1.8m $108.2m | Reduced -714.1k |
| Capital World Investors 0.01% of their portfolio | 1.6m $96.7m | Added +104.9k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 1.6m $95.3m | Added +1.2m |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $93.5m | Added +24.0k |
| ARMISTICE CAPITAL, LLC 1.93% of their portfolio | 1.3m $79.0m | Added +61.2k |
| Alyeska Investment Group, L.P. 0.21% of their portfolio | 1.2m $73.0m | Added +658.1k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.2m $70.4m | Reduced -37.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $64.4m | Added +167.9k |
| GILDER GAGNON HOWE & CO LLC 0.68% of their portfolio | 1.1m $64.3m | Reduced -123.7k |
| RIVERBRIDGE PARTNERS LLC 1.15% of their portfolio | 1.0m $61.2m | Reduced -153.6k |
| MORGAN STANLEY 0.00% of their portfolio | 953.2k $58.1m | Added +424.6k |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 931.9k $56.8m | New |
| Ilex Capital Partners (UK) LLP 1.57% of their portfolio | 915.2k $55.8m | Added +910.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 891.6k $54.3m | Reduced -16.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 880.1k $53.6m | Added +27.1k |
| Alberta Investment Management Corp 0.31% of their portfolio | 861.3k $52.5m | Added +101.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 839.6k $51.2m | Reduced -5.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 782.9k $47.7m | Reduced -860.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 721.2k $43.9m | Reduced -32.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 691.8k $42.1m | Reduced -2.1m |
| NORGES BANK 0.00% of their portfolio | 608.0k $37.0m | Not comparable |
| FMR LLC 0.00% of their portfolio | 559.4k $34.1m | Reduced -945.0k |
| JANA Partners Management, LP 1.77% of their portfolio | 557.4k $34.0m | Reduced -490.7k |
| Hood River Capital Management LLC 0.34% of their portfolio | 504.3k $30.7m | Added +9.3k |
| BARCLAYS PLC 0.01% of their portfolio | 429.1k $26.1m | Added +15.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.18% of their portfolio | 428.6k $26.1m | Added +3.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 417.6k $25.4m | Reduced -130 |
| EMERALD ADVISERS, LLC 0.78% of their portfolio | 417.4k $25.4m | Added +42.7k |
| CITIGROUP INC 0.02% of their portfolio | 416.8k $25.4m | Added +142.5k |
| UBS Group AG 0.00% of their portfolio | 403.5k $24.6m | Reduced -40.7k |
| Engaged Capital LLC 6.23% of their portfolio | 401.1k $24.4m | Reduced -218.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 390.7k $23.8m | Added +40.4k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 390.2k $23.8m | Added +362.1k |
| Lighthouse Investment Partners, LLC 0.75% of their portfolio | 371.8k $22.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 354.8k $21.6m | Added +36.9k |
| Fort Point Capital Partners LLC 2.66% of their portfolio | 347.3k $22.0m | Added +10.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 318.7k $19.4m | Added +261.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 308.0k $18.8m | Reduced -293.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 296.3k $18.1m | Reduced -135.0k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 295.7k $18.0m | Added +7.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 290.3k $17.7m | Reduced -52.1k |
| Capitolis Liquid Global Markets LLC 0.09% of their portfolio | 260.0k $15.8m | New |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.75% of their portfolio | 252.3k $15.4m | Added +27.3k |
| COUNTRY TRUST BANK 0.26% of their portfolio | 236.8k $14.4m | Reduced -35.2k |
| Amundi 0.00% of their portfolio | 232.4k $14.2m | Added +66.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 231.8k $14.1m | Reduced -2.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 230.8k $14.1m | Added +57.6k |
| Granite Investment Partners, LLC 0.81% of their portfolio | 223.0k $13.6m | Added +10.6k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 217.8k $13.3m | Reduced -54.7k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 216.6k $13.2m | Added +2.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 193.6k $11.8m | Added +100.3k |
| Invesco Ltd. 0.00% of their portfolio | 181.7k $11.1m | Added +12.7k |
| Nuveen, LLC 0.00% of their portfolio | 179.0k $10.9m | Reduced -2.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 173.6k $10.6m | Added +52.6k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 168.9k $10.3m | Reduced -21.4k |
| Susquehanna Portfolio Strategies, LLC 0.15% of their portfolio | 162.5k $9.9m | New |
| DEEPWATER ASSET MANAGEMENT, LLC 2.82% of their portfolio | 158.8k $9.7m | Reduced -31.5k |
| Freestone Grove Partners LP 0.07% of their portfolio | 153.6k $9.4m | Reduced -55.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 145.1k $8.8m | Added +2.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 142.7k $8.7m | Reduced -51.6k |
| Impax Asset Management Group plc 0.05% of their portfolio | 140.0k $8.5m | Added +70.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 135.5k $8.3m | Added +16.6k |
| Grandeur Peak Global Advisors, LLC 1.11% of their portfolio | 135.3k $8.2m | Added +73.0k |
| Squarepoint Ops LLC 0.02% of their portfolio | 132.9k $8.1m | Reduced -242.9k |
| Legal & General Group Plc 0.00% of their portfolio | 123.0k $7.5m | Reduced -5.8k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 118.8k $7.2m | Reduced -12.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 112.6k $6.9m | Added +4.3k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 108.9k $6.6m | Reduced -9.0k |
| Man Group plc 0.01% of their portfolio | 96.7k $5.9m | Added +79.5k |
| Swiss National Bank 0.00% of their portfolio | 96.2k $5.9m | Added +1.7k |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 83.0k $5.1m | Added +31.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 82.5k $5.0m | Added +66.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 82.4k $5.0m | Reduced -270.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 82.3k $5.0m | Reduced -750.0k |
| SEGALL BRYANT & HAMILL, LLC 0.07% of their portfolio | 80.6k $4.9m | Added +3.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 80.5k $4.9m | Reduced -713 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.06% of their portfolio | 75.1k $4.6m | Reduced -18.0k |
| ProShare Advisors LLC 0.01% of their portfolio | 72.8k $4.4m | Reduced -25.0k |
| Edgestream Partners, L.P. 0.12% of their portfolio | 71.5k $4.4m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 67.6k $4.1m | Reduced -30.2k |
| GENEVA CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 65.6k $4.0m | Reduced -4.7k |
| California Public Employees Retirement System 0.00% of their portfolio | 64.8k $3.9m | Reduced -2.2k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 64.7k $3.9m | Unchanged |
| Gotham Asset Management, LLC 0.01% of their portfolio | 58.5k $3.6m | Added +51.6k |
| WINTON GROUP Ltd 0.12% of their portfolio | 55.2k $3.4m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 52.3k $3.2m | Added +5.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 52.1k $3.2m | Reduced -544 |
| Quantinno Capital Management LP 0.01% of their portfolio | 50.4k $3.1m | Added +23.9k |
| Cerity Partners LLC 0.00% of their portfolio | 48.4k $2.9m | Added +6.3k |
| COMMERCE BANK 0.02% of their portfolio | 48.2k $2.9m | Reduced -205 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 47.2k $2.9m | Reduced -53.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.7k $2.8m | Added +991 |
| Walleye Capital LLC 0.02% of their portfolio | 45.8k $2.8m | Added +42.3k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 45.7k $2.8m | Reduced -4.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 44.7k $2.7m | Reduced -1.4k |