Pilgrim's Pride
172 hedge funds and large institutions have $1.07B invested in Pilgrim's Pride in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 36 closing their positions.
110% more call options, than puts
Call options by funds: $13.4M | Put options by funds: $6.4M
45% more capital invested
Capital invested by funds: $739M → $1.07B (+$334M)
0.2% more ownership
Funds ownership: 19.14% → 19.34% (+0.2%)
8% less funds holding
Funds holding: 187 → 172 (-15)
28% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 75
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$24.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13M |
| 4 |
D.E. Shaw & Co
New York
|
+$9.29M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$8.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$29M |
| 2 |
JP Morgan Chase
New York
|
-$19.9M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$12.3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.2M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$4.26M |
PPC Hedge Fund Activity: Q1 2019 in Review
172 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q1 2019, worth a combined $1.07B — up 45% from $739M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PPC and 23 opened new positions — a net loss of 13 holders — while 75 trimmed existing stakes and 54 added.
The largest buyer was Prudential Financial, adding an estimated $24.3M. The largest seller was Millennium Management, cutting an estimated $29M.
- 172 institutional investors held Pilgrim's Pride (PPC) as of Q1 2019, down from 187 in Q4 2018.
- Funds reported $1.07B of Pilgrim's Pride stock for Q1 2019, up 45% quarter-over-quarter.
- 23 funds opened new Pilgrim's Pride positions in Q1 2019 and 36 closed out, a net change of -13 holders.
- The largest Pilgrim's Pride buyer in Q1 2019 was Prudential Financial, an estimated $24.3M added.
- The largest Pilgrim's Pride seller in Q1 2019 was Millennium Management, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2019.