Who Owns Chewy? Ownership, Shareholders & History

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Power Players

Who Owns Chewy? Ownership, Shareholders & History

Chewy is a publicly traded company (NYSE: CHWY) and is not owned outright by anyone. Its largest shareholder is the London-based private equity firm BC Partners, whose affiliates held about 45.8 percent of shares and 88.4 percent of voting power as of Chewy's May 2026 proxy record date.

Last updated August 3, 2026 by the PetRetailNews desk

Chewy at a glance
Legal name	Chewy, Inc.
Ticker	NYSE: CHWY (Class A common stock)
Headquarters	Plantation, Florida
Founded	2011, by Ryan Cohen and Michael Day
CEO	Sumit Singh (since March 2018)
Fiscal 2025 net sales	$12.60 billion (+6.2% YoY reported; +8.3% on a normalized 52-week basis)
Fiscal 2025 net income	$222.8 million
Active customers	21.3 million (fiscal 2025)

Major shareholders (as of May 2026 (proxy record date; institutional stakes per early-2026 filings))
Holder	Stake
BC Partners (affiliates, incl. Argos Holdings)	~45.8% of shares; 88.4% of total voting power Holds 176.5 million Class B shares carrying 10 votes each, per the May 2026 proxy record date.
BlackRock	~5.2% of outstanding shares Institutional holding, early 2026 filings.
AQR Capital Management	~3.9% of outstanding shares Institutional holding, early 2026 filings.
Vanguard Group	~2.5% of outstanding shares Institutional holding, early 2026 filings.

Who controls Chewy

Chewy has a dual-class share structure. The Class A shares trade on the NYSE; the Class B shares, nearly all held by BC Partners affiliates, carry ten votes each. That is why BC Partners' roughly 46 percent economic stake translates into 88.4 percent of the vote: on any shareholder matter, BC Partners effectively decides the outcome.

For anyone selling to, buying from, or competing with Chewy, the practical read is simple: Chewy answers to public markets on results, but on control questions - board seats, strategic direction, capital returns - BC Partners is the room.

Does PetSmart still own Chewy?

No. PetSmart bought Chewy in 2017, but the two were formally separated in a 2020-2021 recapitalization arranged by their shared private equity sponsor, BC Partners. Since then PetSmart and Chewy have been sister companies at most - both with BC Partners history - not parent and subsidiary, and they operate as competitors.

Why the ownership keeps changing

BC Partners has been steadily reducing its position since 2024 through large secondary offerings, often paired with Chewy buying back its own shares. Each transaction shifts a few points of ownership from the sponsor to public investors. The direction of travel is toward a fully public register, but as of mid-2026 BC Partners remains firmly in control.

Ownership history

2011: Founded in South Florida by Ryan Cohen and Michael Day, originally under the name Mr. Chewy.
2017: PetSmart acquires Chewy for approximately $3.35 billion, at the time the largest e-commerce acquisition ever. PetSmart itself had been taken private by a BC Partners-led consortium in 2015.
2018: Sumit Singh, previously Chewy's COO, becomes CEO. Co-founder Ryan Cohen departs the company.
2019: Chewy goes public on the NYSE in June 2019 as CHWY, while remaining majority-controlled by PetSmart/BC Partners.
2020-2021: PetSmart and Chewy are formally separated in a BC Partners-led recapitalization; PetSmart no longer holds Chewy shares, and BC Partners affiliates hold the controlling stake directly.
2024-2026: BC Partners sells down its position in stages through secondary offerings paired with Chewy share buybacks (including a $500 million repurchase in 2024 and a $1 billion secondary sale with a $100 million buyback), while remaining the largest and controlling shareholder.

Key executives

Sumit Singh, Chief Executive Officer - CEO since March 2018; joined Chewy as COO in 2017 after senior operations roles at Amazon and Dell.

Frequently asked questions

Who owns Chewy?

Chewy is a publicly traded company (NYSE: CHWY). Its largest shareholder is private equity firm BC Partners, whose affiliates held about 45.8 percent of shares and 88.4 percent of voting power as of May 2026. The rest is held by public and institutional investors including BlackRock, AQR, and Vanguard.

Is Chewy owned by Amazon?

No. Chewy has never been owned by Amazon. It is an independent public company controlled by private equity firm BC Partners, and it competes with Amazon in pet e-commerce.

Does PetSmart own Chewy?

Not anymore. PetSmart acquired Chewy in 2017 for about $3.35 billion, but the companies were separated in a 2020-2021 recapitalization led by BC Partners. PetSmart no longer holds Chewy shares.

Who is the CEO of Chewy?

Sumit Singh has been Chewy's CEO since March 2018. He joined the company as chief operating officer in 2017 after senior roles at Amazon and Dell.

Who founded Chewy?

Chewy was founded in 2011 by Ryan Cohen and Michael Day, originally as Mr. Chewy. Cohen left the company in 2018 and later became known as an activist investor and chairman/CEO of GameStop.

Sources

Chewy, Inc. investor relations - Fiscal 2025 results (net sales, net income, active customers)
Chewy, Inc. SEC filings - Proxy statement (May 2026 record date ownership), 10-K, secondary offering filings
Chewy 2025 Form 10-K

This is a living profile: ownership stakes shift with every offering and buyback. The figures above carry their as-of dates; check the linked filings for anything time-sensitive.