Pilgrim's Pride
209 hedge funds and large institutions have $2.1B invested in Pilgrim's Pride in 2014 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 81 increasing their positions, 75 reducing their positions, and 24 closing their positions.
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
36% more capital invested
Capital invested by funds: $1.54B → $2.1B (+$561M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8% more funds holding
Funds holding: 194 → 209 (+15)
4.92% more ownership
Funds ownership: 21.69% → 26.61% (+4.9%)
8% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 75
76% less call options, than puts
Call options by funds: $8.04M | Put options by funds: $34.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$80.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$51.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$44.4M |
| 4 |
Renaissance Technologies
New York
|
+$28.3M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$28.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$14.4M |
| 3 |
QI
QS Investors
New York
|
-$13.5M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$11.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$10.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
226
Passport Capital
San Francisco,
California
| – | -$222K | -8,120 | Closed |
|
|
LCM
227
Landscape Capital Management
Englewood,
New Jersey
| – | -$219K | -8,000 | Closed |
|
|
ERSOT
228
Employees Retirement System of Texas
Austin,
Texas
| – | -$127K | -4,624 | Closed |
|
229
Parallax Volatility Advisers
San Francisco,
California
| – | -$77.6K | -2,570 | Closed |
|
|
FMP
230
Financial Management Professionals
Austin,
Texas
| – | -$54K | -2,000 | Closed |
|
|
BRWA
231
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$53.2K | -1,946 | Closed |
|
232
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -303 | Closed |
|
|
GC
233
Globeflex Capital
San Diego,
California
| – | -$6K | -242 | Closed |
|
|
MFS
234
MSI Financial Services
Springfield,
Massachusetts
| – | +$30 | +1 | New |
|
PPC Hedge Fund Activity: Q3 2014 in Review
209 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q3 2014, worth a combined $2.1B — up 36% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PPC positions and 24 closed out — a net gain of 17 holders — while 81 added to existing stakes and 75 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $80.6M. The largest seller was BlackRock Institutional Trust, cutting an estimated $28.6M.
- 209 institutional investors held Pilgrim's Pride (PPC) as of Q3 2014, up from 194 in Q2 2014.
- Funds reported $2.1B of Pilgrim's Pride stock for Q3 2014, up 36% quarter-over-quarter.
- 41 funds opened new Pilgrim's Pride positions in Q3 2014 and 24 closed out, a net change of +17 holders.
- The largest Pilgrim's Pride buyer in Q3 2014 was First Trust Advisors, an estimated $80.6M added.
- The largest Pilgrim's Pride seller in Q3 2014 was BlackRock Institutional Trust, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2014.