Trexquant Investment 13F: Adds $16M to Chewy (CHWY) Stake

Trexquant Investment Boosts Chewy Stake

Trexquant Investment grew its stake in Chewy, Inc. (NYSE: CHWY) by 195.8% during the period, according to a Form 13F filed with the Securities and Exchange Commission. The quantitative investment firm added 816,237 shares to its portfolio, lifting its total holdings to 1,232,926 shares. Based on the filing values, that position carried an estimated worth of about $24 million at the time.

Chewy Stock Trades Below Moving Averages

Shares of Chewy recently traded at $19.48, sitting well below its 50-day moving average of $22.40 and its 200-day moving average of $25.19. The pet retailer has traded in a 52-week range between $17.40 and $40.55. These filings reflect institutional holdings as of a past date and may not represent the fund's exact position today.

Wall Street Analysts Adjust Targets

Wall Street firms have updated their outlooks on the pet retailer alongside recent market moves. On September 29, 2026, Mizuho maintained its Outperform rating while adjusting its price target to $28.00. Goldman Sachs maintained a Buy rating on September 11, 2026, while moving its target to $30.00. On the same day, JP Morgan downgraded the stock to Neutral with a $24.00 price target. Morgan Stanley maintains an Overweight rating with a $36.00 target, and RBC Capital maintains an Outperform rating with a $31.00 target set on September 10, 2026. TD Cowen maintains a Buy rating with a $32.00 target, Citizens reiterates a Market Outperform rating at $28.00, and Rosenblatt maintains a Neutral rating with a $24.00 target. Overall, the stock carries a buy consensus from analysts with a mean price target of $28.82.

Inside Chewy's E-Commerce Business

Chewy operates an online platform across the United States focused on pet food, treats, supplies, and medications. The company serves customers through retail websites and mobile applications, featuring subscription services like Autoship. Founded in 2010 and based in Plantation, Florida, the retailer connects pet parents with a broad array of animal health items.

What to Watch Next for the Retailer

Investors tracking Trexquant's portfolio moves will look to future quarterly disclosures for further shifts in tech and retail holdings. Chewy's next earnings report is scheduled for December 9, 2026, for updates on revenue growth and profit margins. Because 13F filings look backward, they serve as a snapshot of past portfolio adjustments rather than live trading activity.