Pilgrim's Pride
205 hedge funds and large institutions have $771M invested in Pilgrim's Pride in 2020 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 63 increasing their positions, 74 reducing their positions, and 27 closing their positions.
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
29% more capital invested
Capital invested by funds: $597M → $771M (+$174M)
6% more funds holding
Funds holding: 194 → 205 (+11)
0.24% less ownership
Funds ownership: 16.39% → 16.15% (-0.24%)
15% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 74
17% less call options, than puts
Call options by funds: $7M | Put options by funds: $8.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$11.1M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$6.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.38M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$15.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14.5M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$13.8M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.95M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.22M |
PPC Hedge Fund Activity: Q4 2020 in Review
205 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q4 2020, worth a combined $771M — up 29% from $597M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PPC positions and 27 closed out — a net gain of 11 holders — while 63 added to existing stakes and 74 trimmed.
The largest buyer was Millennium Management, adding an estimated $15M. The largest seller was Prudential Financial, cutting an estimated $15.3M.
- 205 institutional investors held Pilgrim's Pride (PPC) as of Q4 2020, up from 194 in Q3 2020.
- Funds reported $771M of Pilgrim's Pride stock for Q4 2020, up 29% quarter-over-quarter.
- 38 funds opened new Pilgrim's Pride positions in Q4 2020 and 27 closed out, a net change of +11 holders.
- The largest Pilgrim's Pride buyer in Q4 2020 was Millennium Management, an estimated $15M added.
- The largest Pilgrim's Pride seller in Q4 2020 was Prudential Financial, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2020.