In a recent SEC filing, PDT Partners LLC announced the reduction of its stake in YETI Holdings by nearly 70%. The move underscores a significant change in the firm’s investment approach toward the premium outdoor gear company.
Subscribe
Industry News
Stock Market
PDT Partners LLC Sells 18,346 Shares of YETI Holdings, Inc. $YETI
Photo by Bbns
Key Takeaways:
- PDT Partners LLC reduced its YETI holdings by 69.7% in the first quarter
- The firm sold 18,346 shares during this period
- It now owns 7,961 shares of the outdoor gear maker
- The information comes from PDT Partners’ latest SEC filing
PDT Partners’ Share Sale
PDT Partners LLC, an investment firm, disclosed a significant reduction in its holdings of YETI Holdings, Inc. (NYSE: YETI). According to a filing with the Securities and Exchange Commission, the firm trimmed its ownership stake by 69.7% during the first quarter of this year.
Transaction Details
The SEC filing indicates that PDT Partners sold 18,346 shares of YETI in that quarter. Following the sale, it now holds 7,961 shares of the company’s stock. The divestiture points to a major shift in how the firm values or views its stake in YETI.
Key Figures from the SEC Filing
| Action | Shares Sold | Remaining Shares | Percentage Reduction |
|---|---|---|---|
| First Quarter 2025 | 18,346 | 7,961 | 69.7% |
What This Means for YETI
Though the full implications of this move remain to be seen, the transaction highlights changing institutional sentiment around YETI Holdings. With PDT Partners’ updated position documented in the formal SEC report,-market watchers may look for further adjustments within YETI’s shareholder base in the future.
