Pilgrim's Pride
260 hedge funds and large institutions have $1.95B invested in Pilgrim's Pride in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 23 closing their positions.
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more capital invested
Capital invested by funds: $1.78B → $1.95B (+$174M)
7% more funds holding
Funds holding: 242 → 260 (+18)
0.12% more ownership
Funds ownership: 25.11% → 25.23% (+0.12%)
3% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 91
25% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$39.5M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$20.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$19.6M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$16.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$31.9M |
| 2 |
Millennium Management
New York
|
-$25.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$24M |
| 4 |
Goldman Sachs
New York
|
-$23.4M |
| 5 |
BlackRock
New York
|
-$17.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
276
Trexquant Investment
Stamford,
Connecticut
| – | -$255K | -8,971 | Closed |
|
|
EMG
277
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$250K | -8,800 | Closed |
|
278
CIBC World Market
Toronto,
Ontario, Canada
| – | -$244K | -8,600 | Closed |
|
|
PHK
279
Point72 Hong Kong
Hong Kong
| – | -$150K | -5,269 | Closed |
|
|
IR
280
Invictus RG
Hamilton,
Bermuda
| – | -$128K | -4,521 | Closed |
|
|
VFA
281
Valeo Financial Advisors
Carmel,
Indiana
| – | -$48K | -1,682 | Closed |
|
282
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$3K | -100 | Closed |
|
|
CG
283
Cutler Group
San Francisco,
California
| – | -$1.53K | -47 | Closed |
|
|
VCM
284
Versant Capital Management
Phoenix,
Arizona
| – | +$196 | +6 | New |
|
PPC Hedge Fund Activity: Q4 2017 in Review
260 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q4 2017, worth a combined $1.95B — up 9.8% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PPC positions and 23 closed out — a net gain of 22 holders — while 88 added to existing stakes and 91 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $39.5M. The largest seller was JP Morgan Chase, cutting an estimated $31.9M.
- 260 institutional investors held Pilgrim's Pride (PPC) as of Q4 2017, up from 242 in Q3 2017.
- Funds reported $1.95B of Pilgrim's Pride stock for Q4 2017, up 9.8% quarter-over-quarter.
- 45 funds opened new Pilgrim's Pride positions in Q4 2017 and 23 closed out, a net change of +22 holders.
- The largest Pilgrim's Pride buyer in Q4 2017 was Arrowstreet Capital, an estimated $39.5M added.
- The largest Pilgrim's Pride seller in Q4 2017 was JP Morgan Chase, an estimated $31.9M sold.
Based on aggregated 13F filings for Q4 2017.