Why Did Amundi Reduce Its Stake in Chewy, Inc. (NYSE:CHWY)?

2 min read | March 18, 2025 05:07 AM PDT | By Team Kalkine Media

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Why Did Amundi Reduce Its Stake in Chewy, Inc. (NYSE:CHWY)? — Image source: shutterstock

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Highlights

Amundi adjusted its holdings in Chewy, Inc. during the fourth quarter, reducing its stake significantly.

Several institutional firms made changes to their positions in the company, with both increases and decreases in shares held.

Institutional ownership in Chewy remains high, with notable firms maintaining substantial positions.

Amundi’s Stake Adjustment in Chewy

Amundi modified its position in Chewy, Inc., reducing its stake in the company during the fourth quarter. This adjustment was documented in a recent regulatory filing with the Securities and Exchange Commission. The change resulted in a decrease in the number of shares held by the firm.

Institutional Firms Modify Their Holdings

Several institutional firms have made changes to their positions in Chewy. Bank of New York Mellon Corp increased its holdings in the company over the period. Similarly, FMR LLC expanded its position, reflecting a substantial rise in shares. Other firms, such as ArrowMark Colorado Holdings LLC and Eagle Asset Management Inc., also adjusted their positions, with some increasing their stakes while others reduced theirs.

Market Presence of Chewy Among Institutional Investors

Institutional investors continue to maintain a significant presence in Chewy. Various firms have taken different approaches, with some strengthening their positions while others scaled back their holdings. This activity highlights ongoing portfolio adjustments among major stakeholders in the company.

Recent Changes in Institutional Participation

Firms such as Raymond James Financial Inc. entered a new position in Chewy, while others chose to modify existing stakes. This dynamic participation by institutional investors reflects the ongoing reallocation strategies observed in the market.

Overall Institutional Ownership in Chewy

Chewy remains a company with a high level of institutional ownership. The stock continues to be held by major firms, indicating sustained interest from large financial entities despite certain adjustments in holdings.

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