Vault-13

FRESHPET INC FRPT 3 04.01.28

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

31 institutional holders -1 vs Q1 2025
11,389,20511.4m shares reported held*
$475.6mreported value*
5 new 8 added 10 reduced 5 sold out net bought ≈ $88.8m (+5.4m 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 ≈ $41.76.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 35Q2 24: 37Q3 24: 39Q4 24: 39Q1 25: 32Q2 25: 3131Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 202435
Q2 202437
Q3 202439
Q4 202439
Q1 202532
Q2 202531

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 25Q2 25: 13 bought or addedQ2 25: 15 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q2 20241917
Q3 20241617
Q4 20241514
Q1 20251423
Q2 20251315

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +47,914,000+47.9m
CITADEL ADVISORS LLC Added +16,695,000+16.7m
BANK OF AMERICA CORP /DE/ Added +14,826,000+14.8m
BANK OF MONTREAL /CAN/ New +14,000,000+14.0m
SUSQUEHANNA ADVISORS GROUP, INC. New +13,000,000+13.0m
Alberta Investment Management Corp Added +10,000,000+10.0m
READYSTATE ASSET MANAGEMENT LP Added +7,500,000+7.5m
ARISTEIA CAPITAL, L.L.C. New +6,000,000+6.0m
ABSOLUTE INVESTMENT ADVISERS, LLC Added +6,000,000+6.0m
CITIGROUP INC New +3,483,000+3.5m

Biggest sellers

HBK INVESTMENTS L P Reduced -15,645,000-15.6m
LAZARD ASSET MANAGEMENT LLC Sold out -15,003,000-15.0m
LORD, ABBETT & CO. LLC Sold out -8,248,000-8.2m
MILLENNIUM MANAGEMENT LLC Sold out -7,500,000-7.5m
WHITEBOX ADVISORS LLC Reduced -2,450,000-2.5m
AXA S.A. Reduced -1,600,000-1.6m
JPMORGAN CHASE & CO Reduced -1,444,000-1.4m
JANE STREET GROUP, LLC Sold out -1,164,000-1.2m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -915,000-915.0k
Bank of New York Mellon Corp Reduced -400,000-400.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 82,766,00082.8m $102.9m $102.9m 0.09% Added +16.7m +16,695,000
2 WOLVERINE ASSET MANAGEMENT LLC 1.45% of their portfolio CHICAGO, IL 69,814,00069.8m $86.9m $86.9m 1.45% Added +47.9m +47,914,000
3 WHITEBOX ADVISORS LLC 1.39% of their portfolio MINNEAPOLIS, MN 41,230,00041.2m $51.2m $51.2m 1.39% Reduced -2.5m -2,450,000
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 29,000,00029.0m $36.1m $36.1m 0.01% Unchanged
5 Alberta Investment Management Corp 0.27% of their portfolio EDMONTON, A0 27,500,00027.5m $34.2m $34.2m 0.27% Added +10.0m +10,000,000
6 READYSTATE ASSET MANAGEMENT LP 1.21% of their portfolio CHICAGO, IL 23,440,00023.4m $29.2m $29.2m 1.21% Added +7.5m +7,500,000
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,969,60015.0m $18.6m $18.6m 0.00% Added +14.8m +14,826,000
8 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 14,000,00014.0m $17.4m $17.4m 0.01% New
9 SUSQUEHANNA ADVISORS GROUP, INC. 0.01% of their portfolio BALA CYNWYD, PA 13,000,00013.0m $161.2k $161.2k 0.01% New
10 ABSOLUTE INVESTMENT ADVISERS, LLC 1.69% of their portfolio ROSEMARY BEACH, FL 11,000,00011.0m $13.6m $13.6m 1.69% Added +6.0m +6,000,000
11 HBK INVESTMENTS L P 0.22% of their portfolio DALLAS, TX 10,000,00010.0m $12.4m $12.4m 0.22% Reduced -15.6m -15,645,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,124,0008.1m $10.2m $10.2m 0.00% Reduced -100.0k -100,000
13 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 8,000,0008.0m $10.0m $10.0m 0.04% Reduced -122.0k -122,000
14 FMR LLC 0.00% of their portfolio BOSTON, MA 6,869,0006.9m $8.5m $8.5m 0.00% Unchanged
15 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 6,006,0006.0m $7.5m $7.5m 0.01% Unchanged
16 ARISTEIA CAPITAL, L.L.C. 0.21% of their portfolio GREENWICH, CT 6,000,0006.0m $7.5m $7.5m 0.21% New
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,050,0004.0m $5.0m $5.0m 0.00% Reduced -125.0k -125,000
18 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,483,0003.5m $4.3m $4.3m 0.00% New
19 ADVENT CAPITAL MANAGEMENT /DE/ 0.09% of their portfolio NEW YORK, NY 3,289,0003.3m $4.1m $4.1m 0.09% Reduced -326.0k -326,000
20 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 2,826,0002.8m $3.5m $3.5m 0.01% Reduced -915.0k -915,000
21 AXA S.A. 0.01% of their portfolio PARIS, I0 1,890,0001.9m $2.3m $2.3m 0.01% Reduced -1.6m -1,600,000
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,572,0001.6m $2.0m $2.0m 0.00% Reduced -1.4m -1,444,000
23 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,000,0001.0m $1.2m $1.2m 0.00% Unchanged
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 373,000373.0k $463.8k $463.8k 0.00% Added +100.0k +100,000
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $373.0k $373.0k 0.00% Reduced -400.0k -400,000
26 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 88,20588.2k $6.0m $6.0m 0.01% Added +19.4k +19,447
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 4,0004.0k $5.0k $5.0k 0.00% New
28 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.2k $1.2k 0.00% Unchanged
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $1.2k $1.2k 0.00% Unchanged
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $1.2k $1.2k 0.00% Unchanged
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged