Pilgrim's Pride
268 hedge funds and large institutions have $1.3B invested in Pilgrim's Pride in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 81 increasing their positions, 86 reducing their positions, and 40 closing their positions.
267% more call options, than puts
Call options by funds: $99.6M | Put options by funds: $27.1M
55% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more capital invested
Capital invested by funds: $1.12B → $1.3B (+$184M)
8% more funds holding
Funds holding: 248 → 268 (+20)
6% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 86
1.05% less ownership
Funds ownership: 17.1% → 16.05% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$28.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$11.2M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$11.1M |
| 4 |
Squarepoint
New York
|
+$9.37M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$37M |
| 2 |
AWAM
Appian Way Asset Management
New York
|
-$31.5M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$16.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
301
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$30.9K | -1,117 | Closed |
|
|
FCM
302
FourWorld Capital Management
New York
| – | -$27.7K | -1,000 | Closed |
|
303
Nomura Asset Management
Tokyo,
Japan
| – | -$19.5K | -650 | Closed |
|
|
FIA
304
FNY Investment Advisers
New York
| – | -$13K | -500 | Closed |
|
|
GWS
305
Glassman Wealth Services
Vienna,
Virginia
| – | -$6.28K | -227 | Closed |
|
|
RFG
306
RFP Financial Group
Atlanta,
Georgia
| – | -$885 | -32 | Closed |
|
|
PA
307
Pineridge Advisors
St. Charles,
Missouri
| – | -$526 | -19 | Closed |
|
|
ASN
308
Advisory Services Network
Atlanta,
Georgia
| – | -$277 | -10 | Closed |
|
PPC Hedge Fund Activity: Q1 2024 in Review
268 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q1 2024, worth a combined $1.3B — up 16% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new PPC positions and 40 closed out — a net gain of 22 holders — while 81 added to existing stakes and 86 trimmed.
The largest buyer was Bank of America, adding an estimated $28.9M. The largest seller was Morgan Stanley, cutting an estimated $37M.
- 268 institutional investors held Pilgrim's Pride (PPC) as of Q1 2024, up from 248 in Q4 2023.
- Funds reported $1.3B of Pilgrim's Pride stock for Q1 2024, up 16% quarter-over-quarter.
- 62 funds opened new Pilgrim's Pride positions in Q1 2024 and 40 closed out, a net change of +22 holders.
- The largest Pilgrim's Pride buyer in Q1 2024 was Bank of America, an estimated $28.9M added.
- The largest Pilgrim's Pride seller in Q1 2024 was Morgan Stanley, an estimated $37M sold.
Based on aggregated 13F filings for Q1 2024.