In recent years, the pet economy has become an important focus of attention in the capital markets, with institutions predicting that the scale of the pet economy may exceed trillions of yuan. Compared to the booming consumer market, the overall market cap of pet economy concept stocks on the secondary market is relatively small, and the number of listed companies is also limited. Among various concept stocks such as Guaibao Pet, Yantai China Pet Foods, Petpal Pet Nutrition Technology, Source Pet, and Yiyi Stock, only Guaibao Pet and Yantai China Pet Foods have a market cap of over one hundred billion. However, behind these individual stocks, there are multiple heavyweight in funds holding positions, and even the presence of foreign institutional investors. The third quarter reports of listed companies show that three public funds appear in the top ten list of circulating shareholders of Guaibao Pet. The Xin Aoxingyi C managed by Li Bo holds 2.4517 million shares, the Guotaijintai C managed by Li Hai holds 1.0096 million shares, and the JY Nei Xu Growth One managed by Han Weijun holds 0.9469 million shares.