Exploring Chewy, Inc. (CHWY) Investor Profile: Who’s Buying and Why?

Ever wondered who's calling the shots at Chewy, Inc. (CHWY)? Are you curious about the major players influencing its business strategies and stock performance? As of April 17, 2025, Chewy's stock price stood at $35.24 per share, a significant 118.61% increase from $16.12 on April 18, 2024 [1]. Institutional investors hold a substantial 27% of the company [4]. With 737 institutional owners holding a total of 406,983,804 shares [1], let's explore Chewy's investor profile to uncover who's buying, who's selling, and, most importantly, why [1, 6].

Chewy, Inc. (CHWY) Who Invests in [Company Name] and Why?

Understanding the investor profile of Chewy, Inc. (CHWY) provides valuable insights into market sentiment and the factors driving the company's stock performance. A diverse range of investors, from retail to institutional, hold positions in Chewy, each with their own motivations and strategies.

Key Investor Types:

Chewy's investor base can be broadly categorized into the following groups:

• Retail Investors: Individual investors who buy and sell shares for their own accounts.
• Institutional Investors: Entities that invest on behalf of others, including:
  • Mutual Funds: Pools of money collected from many investors to invest in a diversified portfolio of securities.
  • Hedge Funds: Investment partnerships that use more aggressive strategies to generate higher returns.
  • Pension Funds: Funds that provide retirement income to members.
  • Insurance Companies: Firms that invest premiums to cover future claims.
  • Investment Banks: Financial institutions that manage and trade securities.
• Private Companies: Firms that hold a significant portion of Chewy's shares.

According to recent data, 737 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities and Exchange Commission (SEC), holding a total of 406,983,804 shares. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions.

Largest Shareholders Include:

• BC Partners Advisors L.P.
• Baillie Gifford & Co
• Vanguard Group Inc
• BlackRock, Inc.
• Balyasny Asset Management Llc
• Morgan Stanley
• IJH - iShares Core S&P Mid-Cap ETF
• Fmr Llc
• VTSMX - Vanguard Total Stock Market Index Fund Investor Shares
• Marshall Wace, Llp

Investment Motivations:

Several factors attract investors to Chewy, including:

• Growth Prospects: Chewy has demonstrated significant revenue growth since its inception. For fiscal year 2024, the company projects net sales between $11.79 billion and $11.81 billion, indicating an approximate 6% year-over-year increase.
• Market Position: Chewy has established itself as a leading online retailer in the pet food and supplies market, with a loyal customer base and a robust subscription model. As of fiscal year 2024, Chewy is the largest e-commerce petcare retailer in the US, generating $11.9 billion in sales.
• Strategic Initiatives: Chewy is pursuing several strategies to drive growth and improve profitability, including:
  • Expansion of Health Services: Investing in its Chewy Health segment, including the opening of vet clinics.
  • Sponsored Advertising: Growing its sponsored ads business, which is expected to be a key driver for gross margin expansion.
  • Private Label Products: Developing its private label offerings, which typically carry higher margins than branded products.
  • Automation and Efficiency: Investing in automation for its fulfillment centers.
  • International Expansion: Entry into the Canadian market.
• Customer Loyalty: Chewy's business model is built on a strong foundation of customer loyalty, with its Autoship subscription service contributing significantly to recurring revenue. In the third quarter of fiscal year 2024, the Autoship program generated $2.3 billion in sales, accounting for 80% of net sales.
• Return on Capital Employed: The company's Return on Capital Employed is expected to rise from 3.1% in 2024 to 39.5% by 2027, while operating margins are projected to improve from -0.2% in 2024 to 3.4% by 2027.

Investment Strategies:

Investors in Chewy employ various strategies, including:

• Long-Term Holding: Many institutional investors, such as mutual funds and pension funds, adopt a long-term holding strategy, focusing on Chewy's growth potential and market leadership.
• Short-Term Trading: Hedge funds and other active traders may engage in short-term trading strategies to capitalize on price fluctuations and market volatility.
• Value Investing: Some investors may view Chewy as an undervalued company, based on its fundamentals and growth prospects.

Fund Sentiment Score:

The Fund Sentiment Score identifies stocks that are being most bought by funds. It uses a combination of the total increase in disclosed owners, the changes in portfolio allocations in those owners and other metrics. The score ranges from 0 to 100, with higher numbers indicating a higher level of accumulation to its peers, and 50 being the average.

Share Repurchase Programs:

Chewy's management has demonstrated confidence in the business through share repurchase programs. In June 2024, Chewy announced a $500 million share repurchase program. Chewy believes these repurchases are an accretive use of capital and provide an efficient mechanism to repurchase shares at a discount to the current market price, while further reducing the ownership position of the Company's largest shareholder.

Prior to a repurchase in June 2024, Chewy had approximately 436 million shares of Class A common stock and Class B common stock outstanding. Following the repurchase, Chewy had approximately 418 million shares of Class A common stock and Class B common stock outstanding.

On December 11, 2024, Chewy announced the pricing of an underwritten public offering of 15,852,886 shares of its Class A common stock by Buddy Chester Sub LLC, Chewy's largest shareholder. Concurrent with the closing of the Offering, Chewy agreed to purchase from the Selling Stockholder $50 million of Chewy's Class A common stock.

Prior to this offering and concurrent repurchase, Chewy had approximately 162 million shares of Class A common stock and 247 million shares of Class B common stock outstanding. If the Offering and Concurrent Repurchase are completed, Chewy will have approximately 178 million shares of Class A common stock and approximately 229 million shares of Class B common stock outstanding.

Institutional Ownership:

Institutional ownership in Chewy is significant. As of April 17, 2025, 737 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 406,983,804 shares. The share price as of April 17, 2025, was $35.24 per share, representing an increase of 118.61% over the share price of $16.12 on April 18, 2024.

Factors Influencing Stock Performance:

Several factors can influence Chewy's stock performance, including:

• Market Conditions: Overall market trends and economic conditions can impact investor sentiment and stock prices.
• Company Performance: Chewy's financial results, growth rate, and strategic initiatives can affect investor confidence.
• Competition: The competitive landscape in the online pet retail market can influence Chewy's market share and profitability.
• Analyst Ratings: Analyst ratings and price targets can impact investor perceptions of Chewy's value.

In December 2024, Needham analyst Bernie McTernan reiterated a neutral stance on CHWY stock, giving a Hold rating. Evercore ISI also reiterated a Hold rating on the stock with a $34.00 price target.

Additional Resources:

For more insights into Chewy's business and strategic direction, refer to: Mission Statement, Vision, & Core Values of Chewy, Inc. (CHWY).

Disclaimer: Investment decisions should be based on thorough research and consultation with a financial advisor. Past performance is not indicative of future results.

Chewy, Inc. (CHWY) Institutional Ownership and Major Shareholders of Chewy, Inc. (CHWY)

Institutional ownership in Chewy, Inc. (CHWY) reflects the extent to which large financial organizations like mutual funds, pension funds, and hedge funds hold the company’s shares. Analyzing this data provides insights into market sentiment and potential stock price stability. Recent data and trends in institutional ownership can indicate confidence or concern among major investors regarding Chewy's future performance.

As of December 31, 2024, Chewy's institutional ownership stands at approximately 88.60%. This high percentage suggests that a significant portion of Chewy's shares are held by institutional investors, which can lead to increased stability but also greater volatility if these institutions make significant changes to their positions.

Here are some of the top institutional investors in Chewy, Inc. (CHWY) as of the end of 2024:

• BlackRock Fund Advisors: Holding approximately 9,992,436 shares, representing about 2.30% ownership.
• Vanguard: Holding approximately 14,479,085 shares, representing about 3.34% ownership.
• State Street Corporation: Holding approximately 5,842,824 shares, representing about 1.35% ownership.

These major institutional holders can significantly influence Chewy's stock price due to the large volumes of shares they control. Their investment decisions often reflect deep research and analysis, making their activity a key indicator for other investors.

Changes in institutional ownership can signal shifts in sentiment towards Chewy, Inc. (CHWY). Increases in institutional holdings may indicate growing confidence in the company’s prospects, while decreases could suggest concerns about future performance. Monitoring these changes is crucial for understanding the broader market perspective on Chewy.

The following table summarizes the ownership data for major institutional investors in Chewy, Inc. (CHWY):

Institutional investors play a critical role in Chewy's stock dynamics. Their trading activity can drive price movements and influence overall market perception. Additionally, these large stakeholders often engage with company management, providing input on strategy and governance. Their involvement can lead to more informed decision-making and potentially better long-term outcomes for the company and its shareholders. Understanding Chewy's mission, vision, and core values can provide additional context to these investment decisions; more information is available at: Mission Statement, Vision, & Core Values of Chewy, Inc. (CHWY).

Chewy, Inc. (CHWY) Key Investors and Their Impact on Chewy, Inc. (CHWY)

Understanding the investor profile of Chewy, Inc. (CHWY) provides valuable insights into the company's stability, growth potential, and market sentiment. Key investors can significantly influence company decisions and stock performance through their holdings and strategic moves.

Institutional investors represent a significant portion of Chewy's shareholder base. As of Q4 2024, the top institutional holders include:

• BlackRock Inc.: Holding 10,389,242 shares
• Vanguard Group Inc.: Holding 9,789,344 shares
• State Street Corp: Holding 4,794,388 shares

These major institutional investors often have a long-term investment horizon, and their decisions to increase or decrease their positions can impact Chewy's stock price and overall market perception.

Hedge funds also play a role in Chewy's investor landscape. While specific hedge fund holdings can fluctuate, their investment strategies often involve shorter-term positions and can contribute to market volatility. Monitoring hedge fund activity can provide insights into potential short-term price movements and market sentiment shifts.

Recent moves by key investors can signal important developments for Chewy. For instance, a significant increase in holdings by a prominent institutional investor may indicate confidence in the company's future prospects. Conversely, a large sell-off could raise concerns about potential challenges or a change in market conditions.

Analyzing investor influence involves understanding how major shareholders can impact company decisions. Large institutional investors often have the power to influence corporate governance, strategic direction, and executive compensation through their voting rights and engagement with company management.

The following table summarizes key aspects of Chewy's investor profile:

Understanding the composition and behavior of Chewy's investor base is crucial for assessing the company's market dynamics and potential future performance. By monitoring the moves and influence of key investors, stakeholders can gain valuable insights into Chewy's prospects.

To gain more insights into Chewy's strategic vision, explore Mission Statement, Vision, & Core Values of Chewy, Inc. (CHWY).

Chewy, Inc. (CHWY) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating Chewy, Inc. (CHWY) as an investment. Recent shifts in major shareholders' positions and overall market dynamics provide valuable insights. Analyst perspectives further refine this understanding, offering informed predictions about Chewy's future performance.

As of the fiscal year 2024, several key aspects of investor sentiment and market reactions can be observed:

Investor Sentiment:

The sentiment among major shareholders towards Chewy, Inc. (CHWY) appears mixed, influenced by the company's performance metrics and broader market conditions. Recent data indicates:

• Institutional investors, who hold a significant percentage of Chewy's stock, are closely watching the company's ability to sustain growth in customer acquisition and net sales.
• Positive sentiment is often tied to Chewy's innovative offerings, such as its expanding healthcare services and personalized pet food options.
• Conversely, concerns about profitability and increased competition in the online pet retail sector contribute to neutral or negative sentiment among some investors.

Recent Market Reactions:

Chewy's stock market performance is sensitive to changes in ownership and large investor moves. For example:

• Significant stock purchases by institutional investors often lead to a short-term boost in the stock price, reflecting increased confidence in the company's prospects.
• Conversely, large sell-offs can trigger price declines, driven by concerns over Chewy's financial health or shifts in investment strategies.
• Earnings announcements and quarterly reports are critical events that heavily influence market reactions, with positive surprises generally resulting in upward price movements and vice versa.

Analyst Perspectives:

Analysts' insights play a crucial role in shaping investor perceptions of Chewy's future. Key observations include:

• Many analysts maintain a 'Buy' or 'Hold' rating on Chewy, citing the company's strong market position and growth potential in the pet industry.
• Price targets set by analysts vary, reflecting different expectations for Chewy's revenue growth, profitability, and valuation.
• Analysts closely monitor Chewy's ability to manage costs, improve margins, and capitalize on emerging trends in the pet market, such as the increasing demand for premium products and services.

To further illustrate the ownership structure, consider the following table based on the most recent data:

These figures provide a snapshot of the diverse investor base and the relative influence of different investor groups on Chewy's stock performance.

For a deeper dive into Chewy's financial standing, check out: Breaking Down Chewy, Inc. (CHWY) Financial Health: Key Insights for Investors