Pilgrim's Pride
216 hedge funds and large institutions have $961M invested in Pilgrim's Pride in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 86 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more capital invested
Capital invested by funds: $936M → $961M (+$25.7M)
0.25% less ownership
Funds ownership: 17.75% → 17.5% (-0.25%)
7% less funds holding
Funds holding: 232 → 216 (-16)
17% less call options, than puts
Call options by funds: $4.26M | Put options by funds: $5.11M
26% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 86
37% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$27.2M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$17.5M |
| 3 |
AWAM
Appian Way Asset Management
New York
|
+$15.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.7M |
| 5 |
Millennium Management
New York
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$38.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22.2M |
| 3 |
Goldman Sachs
New York
|
-$16.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$12.8M |
| 5 |
BlackRock
New York
|
-$9.56M |
PPC Hedge Fund Activity: Q1 2023 in Review
216 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q1 2023, worth a combined $961M — up 2.7% from $936M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PPC and 24 opened new positions — a net loss of 14 holders — while 86 trimmed existing stakes and 64 added.
The largest buyer was Candlestick Capital Management, adding an estimated $27.2M. The largest seller was Prudential Financial, cutting an estimated $38.9M.
- 216 institutional investors held Pilgrim's Pride (PPC) as of Q1 2023, down from 232 in Q4 2022.
- Funds reported $961M of Pilgrim's Pride stock for Q1 2023, up 2.7% quarter-over-quarter.
- 24 funds opened new Pilgrim's Pride positions in Q1 2023 and 38 closed out, a net change of -14 holders.
- The largest Pilgrim's Pride buyer in Q1 2023 was Candlestick Capital Management, an estimated $27.2M added.
- The largest Pilgrim's Pride seller in Q1 2023 was Prudential Financial, an estimated $38.9M sold.
Based on aggregated 13F filings for Q1 2023.