JANA Partners takes stake in Freshpet, exits position in Wolfspeed

JANA Partners disclosed in an SEC filing its holdings as of March 31, 2025. JANA’s one new buy during the first quarter was Freshpet (FRPT). JANA exited one position during the quarter, Wolfspeed (WOLF). JANA increased its stake in four holdings, including by size of previous position, Markel Group (MKL), Rapid7 (RPD), and Lamb Weston (LW). JANA reduced its stake in one holding, Trimble (TRMB). JANA’s top holdings as of March 31, in order of size, were Lamb Weston, Mercury Systems (MRCY), Markel Group, and Trimble.