Did Roaring Kitty sell his stock?

Short answer: As of October 30, 2024, SEC filings showed Keith Gill (Roaring Kitty) dissolved his disclosed Chewy stake; his public explanation was not provided. This article reviews background, ti...

2026-01-14 03:05:00

By Meta Cipher

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Did Roaring Kitty sell his stock?

Lead summary

As of October 30, 2024, Reuters and other outlets reported that SEC beneficial-ownership filings showed Keith Gill — known online as "Roaring Kitty" and "DeepF—ingValue" — had dissolved his disclosed stake in Chewy (CHWY). That specific October filing indicated Gill no longer held the roughly 6.6% stake disclosed in July 2024. Did Roaring Kitty sell his stock? The straightforward answer is: the October 2024 filings show his Chewy holding was disposed of, but Gill did not provide a public explanation for the change. This article explains who Gill is, the 2021 context, his 2024 reappearance, the Chewy accumulation and October filing, other holdings, market reactions, likely motives reported in the press, regulatory context, and a chronology for readers.

Asking "did Roaring Kitty sell his stock" is also asking which stock, when, and how that fits into broader retail trading dynamics. This piece synthesizes mainstream reporting and public SEC filings through Oct 30, 2024 to provide a clear, source-cited overview. It is neutral, fact-focused, and not investment advice. For related trading tools and custody options, consider Bitget services and Bitget Wallet for secure on‑ramp and custody features.

Background — Who is Roaring Kitty?

Keith Gill is a U.S.-based retail investor who rose to prominence online. He used the alias "Roaring Kitty" on social platforms and created the Reddit persona "DeepF—ingValue" (DFV). He became widely known for posting detailed investment theses and livestreaming his analysis.

Gill built a reputation for deep-dive value-investing style presentations that combined fundamental analysis with a strong personal narrative. His posts and streams in 2020–2021 drew large retail audiences and elevated his influence among individual traders. That influence made his subsequent trading activity a subject of mainstream financial coverage and regulatory interest.

Did Roaring Kitty sell his stock remains a recurring public question because Gill’s public moves have historically had outsized attention and market impact.

2021 GameStop saga (context)

During early 2021, Gill’s detailed posts and livestreams promoting his long thesis on GameStop (GME) helped spark broad retail buying. A wave of coordinated retail interest contributed to a short squeeze in GME and other so-called meme stocks. The resulting price volatility drew media coverage, Congressional hearings, and regulatory scrutiny.

The episode established Gill as a symbolic figure of the retail-investor movement. It also created a pattern: when Gill’s positions or posts became publicly visible, rapid market responses often followed. That history is why later disclosures — including in 2024 — received intense attention.

Roaring Kitty’s 2024 reappearance

In mid‑2024, Keith Gill reappeared publicly in a gradual way. He posted memes and then hosted a June livestream that was widely reported. As of June 2024, multiple media sources reported that Gill showed screenshots indicating large GameStop equity stakes and long-dated call options. These public signals coincided with renewed retail interest in GameStop and other meme names.

As of June 2024, reporting noted Gill’s visible activity by way of social posts and livestreams. That activity prompted traders and journalists to focus on his portfolio composition, and later filings added clarity about other holdings he was accumulating.

Chewy investment — accumulation and disclosure

In July 2024, filings and press reports revealed a new, sizable position: Chewy (CHWY). Prior to the filing, Gill had posted cryptic dog imagery that many observers read as hints about a pet-related stock position. As of July 2024, an SEC filing disclosed that Gill controlled a roughly 6.6% stake in Chewy — approximately nine million to ten million shares depending on the count reported by different outlets.

As of July 2024, Reuters and the Associated Press reported the disclosure and cited the SEC filing showing Gill’s beneficial ownership. Major outlets including Fortune and Investopedia also covered the accumulation. That Chewy stake represented Gill’s first widely reported, large-scale investment outside GameStop since the 2021 saga.

Sale/dissolution of Chewy stake (October 2024)

As of October 29–30, 2024, multiple outlets reported that updated SEC beneficial-ownership filings showed Keith Gill had dissolved his previously disclosed Chewy position. Did Roaring Kitty sell his stock? In the case of Chewy, the filings indicate he did. The filings were reported by Reuters and the Associated Press on Oct 29–30, 2024 and were summarized by other outlets including Fortune, Yahoo (via AP), Fox Business, and MarketWatch.

Market reaction was modest but measurable: Chewy shares slipped roughly 1–2% in after‑hours and early trading sessions when the filing news circulated. The decline reflected both the direct removal of a known large shareholder and the symbolic impact of a high‑profile retail investor changing positions.

Gill did not issue a public explanation tied to the filings. News reports emphasized that the dissolution was visible in SEC records, but that Gill maintained silence about motives.

Filing details and timing

The October change came via an amendment to beneficial-ownership disclosures filed with the SEC. News outlets described the mechanics as an amendment or termination of prior filings that had listed Gill’s interest in Chewy. As of Oct 30, 2024, Reuters reported the amended filing showed no remaining beneficial ownership tied to Gill for the Chewy position he disclosed in July.

SEC beneficial-ownership filings are the public mechanism investors with certain ownership thresholds use to disclose their stakes. Filings can disclose acquisition, disposition, or changes in reporting status. In this case, the amendment signaled disposition or dissolution of the earlier disclosed stake.

Market impact and reactions

The immediate market impact of the October filing was limited to short-term price moves in Chewy and renewed scrutiny of retail-influencer effects. Chewy’s shares moved down about 1–2% in response to the filing disclosure. Broader meme-stock volatility picked up modestly as traders and commentators parsed whether the change signaled shifting retail sentiment.

Analysts quoted in financial coverage characterized the move as profit-taking or routine portfolio change for an active investor. Commentary also emphasized that Gill’s actions have historically affected short-term market dynamics because of his public profile.

Motives, interpretations and speculation

News organizations and market observers suggested several plausible reasons Gill might have dissolved the Chewy stake, including profit-taking, rebalancing, tax planning, or strategic repositioning. As of Oct 30, 2024, no public statement from Gill clarified motive. His historical pattern of posting cryptic imagery and limited commentary fueled speculation, but those are interpretations reported by the press, not confirmed facts.

Given Gill’s prior use of coded images and memes (for example, dog or Toy Story references), some outlets noted that investors often try to infer intent from such posts. Responsible reporting stresses that absence of a direct statement means motive is unconfirmed. The filings demonstrate the fact of disposition; they do not provide the reason.

Regulatory, brokerage and ethical considerations

As of mid‑2024, reporting indicated that regulators and some brokerages were monitoring large option and equity moves by high-profile retail traders. CNN and other outlets reported general regulatory attention to market stability and to the activities of influential retail participants. Firms and platforms were reported to have internal conversations about risk management for concentrated retail flows.

These developments raise broad questions about disclosure, influence, and how markets handle concentrated moves driven by prominent individuals. That said, there was no public record as of Oct 30, 2024, of direct regulatory action tied specifically to the Chewy filing. The SEC filings themselves are the standard disclosure vehicle for large holdings and changes therein.

Chronology / Timeline

2021: Gill (Roaring Kitty / DeepF—ingValue) rises to prominence during the GameStop short squeeze. Media, regulators, and Congress take notice.
May–June 2024: Gill reappears publicly with memes, a June livestream, and screenshots reported to show significant GameStop positions and long call options. As of June 2024, media coverage documents his visible activity.
July 2024: SEC filings disclose Gill’s roughly 6.6% beneficial stake in Chewy (CHWY), reported by Reuters, AP, Fortune, and Investopedia. This stake equated to roughly nine million+ shares in reporting.
October 29–30, 2024: Amended SEC beneficial-ownership filings reported by Reuters and AP show the Chewy stake has been dissolved. Chewy shares show a modest intraday reaction. Gill issues no public explanation as of Oct 30, 2024.

This timeline is based on mainstream reporting and public SEC filings up to Oct 30, 2024.

Reception and commentary

Financial press and analyst commentary noted the October filing as a data point that underscores Gill’s continuing relevance to retail trading narratives. Analysts framed the Chewy disposition as a routine portfolio event for an active investor, while retail communities debated whether the move signaled a larger change in meme-stock momentum.

Commentary emphasized that Gill’s public persona amplifies the market impact of his moves. Many retail traders continued to view his activity as a signal to monitor, even when filings suggested only modest price effects.

References and sources

As of October 30, 2024, Reuters reported that an amended SEC filing showed Keith Gill had dissolved his Chewy stake (Reuters, Oct 29–30, 2024).
As of October 30, 2024, the Associated Press summarized filings and market reaction to the Chewy disclosure (AP, Oct 30, 2024).
Fortune covered the July 2024 Chewy filing and reported the size of the stake (Fortune, July 2024).
Investopedia and MarketWatch provided contextual reporting on Gill’s mid‑2024 reappearance and portfolio screenshots (Investopedia, June–July 2024; MarketWatch, June–Oct 2024).
CNN reported on brokerage and regulatory attention to large retail option and equity positions in mid‑2024 (CNN, June 2024).
Yahoo/Associated Press and Fox Business reported market reactions when the Oct 29–30, 2024 filings emerged (AP via Yahoo, Oct 30, 2024; Fox Business, Oct 30, 2024).

Please note: the above list cites outlets and reporting dates to anchor the factual timeline through Oct 30, 2024. For precise filing text or full SEC documents, consult the SEC’s public database.

Notes for editors

This article focuses on stock transactions and public filings reported by mainstream financial media and the SEC through Oct 30, 2024. Subsequent disclosures, amendments, or public statements from Keith Gill or other filing parties after that date should be added to keep this entry current. All statements above are based on publicly reported filings and press coverage; motives quoted in the press are speculative unless backed by direct statements or filings.

Practical next steps for readers

If you follow high‑profile retail investors, track primary filings and official records. For custody, trading, and wallet services, consider reputable solutions that prioritize security and transparency. Bitget offers trading services and Bitget Wallet for secure custody and portfolio management features tailored to active traders.

Explore more Bitget resources to stay informed about market news and secure trading options.

This article is informational and not investment advice. It summarizes reporting and filings through Oct 30, 2024.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.