Billionaire Andreas Halvorsen Loads Up On Chewy — Is Smart Money Calling A CHWY Bottom?

Benzinga_recent_news01-07

When a hedge fund adds aggressively into a falling stock, it's rarely about momentum — it's about conviction. That's what's drawing attention to Chewy Inc (NYSE:CHWY), after Viking Global Investors, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2601881472?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/01/06/Close-up-Of-A-Hand-Holding-A-Smartphone-.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-01-07 01:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2601881472","market":"us","top_or_hot":-1,"title":"Billionaire Andreas Halvorsen Loads Up On Chewy — Is Smart Money Calling A CHWY Bottom?","media":"Benzinga_recent_news","content":"<div>\n<p>When a hedge fund adds aggressively into a falling stock, it's rarely about momentum — it's about conviction. That's what's drawing attention to Chewy Inc (NYSE:CHWY), after Viking Global Investors, ...</p>\n\n<a href=\"https://www.benzinga.com/markets/hedge-funds/26/01/49733048/billionaire-andreas-halvorsen-loads-up-on-chewy-is-smart-money-calling-a-chwy-bottom\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Andreas Halvorsen Loads Up On Chewy — Is Smart Money Calling A CHWY Bottom?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Andreas Halvorsen Loads Up On Chewy — Is Smart Money Calling A CHWY Bottom?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-07 01:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/hedge-funds/26/01/49733048/billionaire-andreas-halvorsen-loads-up-on-chewy-is-smart-money-calling-a-chwy-bottom><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When a hedge fund adds aggressively into a falling stock, it's rarely about momentum — it's about conviction. That's what's drawing attention to Chewy Inc (NYSE:CHWY), after Viking Global Investors, ...</p>\n\n<a href=\"https://www.benzinga.com/markets/hedge-funds/26/01/49733048/billionaire-andreas-halvorsen-loads-up-on-chewy-is-smart-money-calling-a-chwy-bottom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.benzinga.com/markets/hedge-funds/26/01/49733048/billionaire-andreas-halvorsen-loads-up-on-chewy-is-smart-money-calling-a-chwy-bottom","article_id":"2601881472","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/06/Close-up-Of-A-Hand-Holding-A-Smartphone-.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/hedge-funds/26/01/49733048/billionaire-andreas-halvorsen-loads-up-on-chewy-is-smart-money-calling-a-chwy-bottom","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2601881472","pubTimestamp":1767722100,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Viking Global Investors adds aggressively to its Chewy stake, betting on the durability of its business and potential for future growth.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4547":"WSB热门概念","BK4548":"巴美列捷福持仓","LU1941712264.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"A\" (USD) INC","BK4139":"生物科技","BK4535":"淡马锡持仓","LU1941712348.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"AT\" (USD) ACC","BK4200":"专卖店","BK4588":"碎股","CHWY":"Chewy, Inc.","BK4122":"互联网与直销零售","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","BK4551":"寇图资本持仓","BNTX":"BioNTech SE","BK4568":"美国抗疫概念","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC"},"translate_title":"亿万富翁安德烈亚斯·哈尔沃森(Andreas Halvorsen)买入Chewy——聪明的投资者是否认为CHWY已经触底？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BNTX":1.5,"CHWY":1.5},"content_text":"When a hedge fund adds aggressively into a falling stock, it's rarely about momentum — it's about conviction. That's what's drawing attention to Chewy Inc (NYSE:CHWY), after Viking Global Investors, led by Andreas Halvorsen, sharply increased its position.\nViking boosted its stake in Chewy by nearly 147% on Dec. 18, 2025, adding more than 8 million shares and bringing total ownership to roughly 13.5 million shares, valued at around $437 million. While the position represents just over 1% of Viking's portfolio, the scale of the add is notable — especially given Chewy's recent stock performance.\nRead Also: Chewy’s Customer Growth Accelerates Ahead Of Q3 — JPMorgan Expects Upside\nChewy shares have struggled, down double digits over the past year and trading closer to their 52-week lows than highs. For many investors, that's a red flag. For long-term funds like Viking, it can be an entry point.\nThis move suggests Viking sees a disconnect between Chewy's stock price and the durability of its core business — particularly its subscription-heavy revenue model and entrenched position in pet e-commerce.\nChewy continues to generate predictable demand driven by recurring pet needs, even as discretionary spending softens. That stability often appeals to funds willing to look past near-term margin pressure or growth deceleration.\nViking's average buy price sits above current levels, reinforcing the idea that this isn't a quick trade — it's a multi-quarter bet that fundamentals stabilize and sentiment improves.\nChewy's challenges haven't disappeared. Competitive pricing, logistics costs, and a cautious consumer continue to weigh on profitability. The stock's weak recent performance shows the market remains unconvinced.\nBig hedge-fund buying doesn't eliminate execution risk — and Chewy still needs to prove it can translate scale into consistent earnings leverage.\nViking's aggressive accumulation signals rising confidence that Chewy's downside may be limited at current levels. \nFor investors, it frames Chewy as a smart-money accumulation story, not a momentum trade — one where patience, not headlines, will determine the outcome.\nRead Next: \nPhoto: Mijansk786 via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2601881472","isCrawlerRequest":true}