Pilgrim's Pride
235 hedge funds and large institutions have $1.5B invested in Pilgrim's Pride in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 69 increasing their positions, 96 reducing their positions, and 62 closing their positions.
34% more call options, than puts
Call options by funds: $9.77M | Put options by funds: $7.27M
0.81% less ownership
Funds ownership: 25.23% → 24.42% (-0.81%)
10% less funds holding
Funds holding: 260 → 235 (-25)
23% less capital invested
Capital invested by funds: $1.95B → $1.5B (-$453M)
28% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 96
31% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 62
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$59.4M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$29.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20.1M |
| 4 |
HCM
Highline Capital Management
New York
|
+$17.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$38.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$18.7M |
| 3 |
JP Morgan Chase
New York
|
-$18.1M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$13.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$12M |
PPC Hedge Fund Activity: Q1 2018 in Review
235 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q1 2018, worth a combined $1.5B — down 23% from $1.95B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PPC and 43 opened new positions — a net loss of 19 holders — while 96 trimmed existing stakes and 69 added.
The largest buyer was Millennium Management, adding an estimated $59.4M. The largest seller was Arrowstreet Capital, cutting an estimated $38.2M.
- 235 institutional investors held Pilgrim's Pride (PPC) as of Q1 2018, down from 260 in Q4 2017.
- Funds reported $1.5B of Pilgrim's Pride stock for Q1 2018, down 23% quarter-over-quarter.
- 43 funds opened new Pilgrim's Pride positions in Q1 2018 and 62 closed out, a net change of -19 holders.
- The largest Pilgrim's Pride buyer in Q1 2018 was Millennium Management, an estimated $59.4M added.
- The largest Pilgrim's Pride seller in Q1 2018 was Arrowstreet Capital, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2018.