Jana added Rapid7 during Q2, sold out of Freshpet

Barry Rosenstein’s Jana Partners disclosed in an SEC filing its holdings as of June 30, 2024. Jana made three new buys in Q2: $117.8M of Rapid7 (RPD), $55.9M of BlackLine (BL) and $16.1M of Fortrea (FTRE). The firm exited one position during the quarter, selling $126.7M of Freshpet (FRPT). Jana also increased positions in Wolfspeed (WOLF), Trimble (TRMB) and TreeHouse (THS). It decreased stakes in SPDR S&P 500 ETF Trust (SPY), QuidelOrtho (QDEL), FIS (FIS) and Frontier Communications (FYBR). Jana’s top holds as of June 30, in order of size, were Frontier, SPDR S&P 500 ETF Trust, FIS, Trimble and Mercury Systems (MRCY).