Baillie Gifford & Co, a UK-based investment firm, has filed an amendment to their Schedule 13G with the SEC, indicating a significant stake in Chewy, Inc. As of September 30, 2024, Baillie Gifford & Co reported sole voting power over 15,569,477 shares and sole dispositive power over 18,565,746 shares of Chewy's common stock. This represents an 11.6% ownership in the online pet retailer, marking Baillie Gifford & Co as a major shareholder. The filing asserts that the shares were acquired in the ordinary course of business, not with the intent to change or influence the control of Chewy, Inc. The securities are held on behalf of Baillie Gifford & Co's investment advisory clients, which may include registered investment companies, employee benefit plans, pension funds, and other institutional clients.

Baillie Gifford & Co, a UK-based investment firm, has filed an amendment to their Schedule 13G with the SEC, indicating a significant stake in Chewy, Inc. As of September 30, 2024, Baillie Gifford & Co reported sole voting power over 15,569,477 shares and sole dispositive power over 18,565,746 shares of Chewy's common stock. This represents an 11.6% ownership in the online pet retailer, marking Baillie Gifford & Co as a major shareholder. The filing asserts that the shares were acquired in the ordinary course of business, not with the intent to change or influence the control of Chewy, Inc. The securities are held on behalf of Baillie Gifford & Co's investment advisory clients, which may include registered investment companies, employee benefit plans, pension funds, and other institutional clients.