Vault-13

FRESHPET INC FRPT 3 04.01.28

NOTE 3.000% 4/0 · US DOMESTIC · CUSIP 358039AB1

32 institutional holders -7 vs Q4 2024
5,954,6256.0m shares reported held*
$540.4mreported value*
7 new 7 added 9 reduced 14 sold out net bought ≈ $15.6m (+3.1m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $90.75.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 35Q2 24: 37Q3 24: 39Q4 24: 39Q1 25: 3232Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q1 202435
Q2 202437
Q3 202439
Q4 202439
Q1 202532

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 24: 19 bought or addedQ2 24: 17 cut or sold outQ2 24Q3 24: 16 bought or addedQ3 24: 17 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 14 bought or addedQ1 25: 23 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20241917
Q3 20241617
Q4 20241514
Q1 20251423

Biggest buyers

CITADEL ADVISORS LLC Added +56,571,000+56.6m
WOLVERINE ASSET MANAGEMENT LLC New +21,900,000+21.9m
Alberta Investment Management Corp New +17,500,000+17.5m
LAZARD ASSET MANAGEMENT LLC New +15,003,000+15.0m
MILLENNIUM MANAGEMENT LLC New +7,500,000+7.5m
Universal- Beteiligungs- und Servicegesellschaft mbH New +3,741,000+3.7m
ADVENT CAPITAL MANAGEMENT /DE/ New +3,615,000+3.6m
ABSOLUTE INVESTMENT ADVISERS, LLC Added +2,790,000+2.8m
FMR LLC Added +1,434,000+1.4m
JANE STREET GROUP, LLC New +1,164,000+1.2m

Biggest sellers

Sculptor Capital LP Sold out -24,000,000-24.0m
BlackRock, Inc. Reduced -13,995,000-14.0m
VOYA INVESTMENT MANAGEMENT LLC Sold out -13,060,000-13.1m
WHITEBOX ADVISORS LLC Reduced -11,420,000-11.4m
Davidson Kempner Capital Management LP Reduced -10,000,000-10.0m
Aequim Alternative Investments LP Sold out -10,000,000-10.0m
Calamos Advisors LLC Reduced -8,808,000-8.8m
TWO SIGMA INVESTMENTS, LP Sold out -5,780,000-5.8m
READYSTATE ASSET MANAGEMENT LP Reduced -5,000,000-5.0m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -4,427,000-4.4m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 66,071,00066.1m $93.8m $93.8m 0.09% Added +56.6m +56,571,000
2 Davidson Kempner Capital Management LP 1.19% of their portfolio New York, NY 60,000,00060.0m $84.8m $84.8m 1.19% Reduced -10.0m -10,000,000
3 WHITEBOX ADVISORS LLC 2.03% of their portfolio MINNEAPOLIS, MN 43,680,00043.7m $61.7m $61.7m 2.03% Reduced -11.4m -11,420,000
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 29,000,00029.0m $41.1m $41.1m 0.01% Unchanged
5 HBK INVESTMENTS L P 0.63% of their portfolio DALLAS, TX 25,645,00025.6m $36.3m $36.3m 0.63% Unchanged
6 WOLVERINE ASSET MANAGEMENT LLC 0.61% of their portfolio CHICAGO, IL 21,900,00021.9m $31.1m $31.1m 0.61% New
7 Alberta Investment Management Corp 0.17% of their portfolio EDMONTON, A0 17,500,00017.5m $25.1m $25.1m 0.17% New
8 READYSTATE ASSET MANAGEMENT LP 1.13% of their portfolio CHICAGO, IL 15,940,00015.9m $22.6m $22.6m 1.13% Reduced -5.0m -5,000,000
9 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 15,003,00015.0m $21.2m $21.2m 0.03% New
10 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 8,248,0008.2m $11.7m $11.7m 0.04% Reduced -4.3m -4,332,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,224,0008.2m $11.7m $11.7m 0.00% Reduced -1.0m -1,000,000
12 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 8,122,0008.1m $11.5m $11.5m 0.05% Reduced -8.8m -8,808,000
13 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,500,0007.5m $10.6m $10.6m 0.01% New
14 FMR LLC 0.00% of their portfolio BOSTON, MA 6,869,0006.9m $9.7m $9.7m 0.00% Added +1.4m +1,434,000
15 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 6,006,0006.0m $8.5m $8.5m 0.01% First filing
16 ABSOLUTE INVESTMENT ADVISERS, LLC 1.11% of their portfolio ROSEMARY BEACH, FL 5,000,0005.0m $7.6m $7.6m 1.11% Added +2.8m +2,790,000
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,175,0004.2m $5.9m $5.9m 0.00% Reduced -14.0m -13,995,000
18 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,741,0003.7m $5.4m $5.4m 0.01% New
19 ADVENT CAPITAL MANAGEMENT /DE/ 0.12% of their portfolio NEW YORK, NY 3,615,0003.6m $5.1m $5.1m 0.12% New
20 AXA S.A. 0.02% of their portfolio PARIS, I0 3,490,0003.5m $5.0m $5.0m 0.02% Added +730.0k +730,000
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,016,0003.0m $4.3m $4.3m 0.00% Unchanged
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,164,0001.2m $1.6m $1.6m 0.00% New
23 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,000,0001.0m $1.4m $1.4m 0.00% Unchanged
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $991.9k $991.9k 0.00% Added +200.0k +200,000
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 273,000273.0k $386.8k $386.8k 0.00% Reduced -52.0k -52,000
26 NOMURA HOLDINGS INC 0.08% of their portfolio TOKYO, M0 184,867184.9k $15.4m $15.4m 0.08% Added +81.2k +81,234
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 143,600143.6k $203.0k $203.0k 0.00% Reduced -1.4m -1,362,000
28 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 68,75868.8k $5.7m $5.7m 0.01% Added +12.8k +12,815
29 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.4k $1.4k 0.00% Unchanged
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $1.4k $1.4k 0.00% Unchanged
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $1.4k $1.4k 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged