Pilgrim's Pride
PPC
263 hedge funds and large institutions have $2.3B invested in Pilgrim's Pride in 2015 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 118 increasing their positions, 74 reducing their positions, and 39 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 74
36% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 39
4% more funds holding
Funds holding: 252 → 263 (+11)
4.18% more ownership
Funds ownership: 34.96% → 39.15% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less call options, than puts
Call options by funds: $31.7M | Put options by funds: $36.8M
22% less capital invested
Capital invested by funds: $2.96B → $2.3B (-$659M)
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$43M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$40.1M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$29.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.5M |
| 5 |
Goldman Sachs
New York
|
+$28.4M |
Top Sellers
| 1 |
TCCM
Two Creeks Capital Management
New York
|
-$28.4M |
| 2 |
AIM
Assured Investment Management
New York
|
-$25.2M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$24M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$23.7M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$22.5M |
PPC Hedge Fund Activity: Q1 2015 in Review
263 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q1 2015, worth a combined $2.3B — down 22% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PPC positions and 39 closed out — a net gain of 14 holders — while 118 added to existing stakes and 74 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $43M. The largest seller was Two Creeks Capital Management, exiting entirely with an estimated $28.4M sold.
- 263 institutional investors held Pilgrim's Pride (PPC) as of Q1 2015, up from 252 in Q4 2014.
- Funds reported $2.3B of Pilgrim's Pride stock for Q1 2015, down 22% quarter-over-quarter.
- 53 funds opened new Pilgrim's Pride positions in Q1 2015 and 39 closed out, a net change of +14 holders.
- The largest Pilgrim's Pride buyer in Q1 2015 was Bank of New York Mellon, an estimated $43M added.
- The largest Pilgrim's Pride seller in Q1 2015 was Two Creeks Capital Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q1 2015.