Pilgrim's Pride
204 hedge funds and large institutions have $885M invested in Pilgrim's Pride in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 91 reducing their positions, and 31 closing their positions.
778% more call options, than puts
Call options by funds: $49.7M | Put options by funds: $5.66M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
4% more capital invested
Capital invested by funds: $850M → $885M (+$35.4M)
0.35% less ownership
Funds ownership: 16.72% → 16.37% (-0.35%)
4% less funds holding
Funds holding: 213 → 204 (-9)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
38% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$43.6M |
| 2 |
VanEck Associates
New York
|
+$20.2M |
| 3 |
Millennium Management
New York
|
+$17.6M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$15.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$30.4M |
| 2 |
AWAM
Appian Way Asset Management
New York
|
-$16M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$15.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14.8M |
| 5 |
JP Morgan Chase
New York
|
-$9.99M |
PPC Hedge Fund Activity: Q3 2023 in Review
204 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q3 2023, worth a combined $885M — up 4.2% from $850M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PPC and 23 opened new positions — a net loss of 8 holders — while 91 trimmed existing stakes and 56 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $43.6M. The largest seller was Candlestick Capital Management, cutting an estimated $30.4M.
- 204 institutional investors held Pilgrim's Pride (PPC) as of Q3 2023, down from 213 in Q2 2023.
- Funds reported $885M of Pilgrim's Pride stock for Q3 2023, up 4.2% quarter-over-quarter.
- 23 funds opened new Pilgrim's Pride positions in Q3 2023 and 31 closed out, a net change of -8 holders.
- The largest Pilgrim's Pride buyer in Q3 2023 was Thrivent Financial for Lutherans, an estimated $43.6M added.
- The largest Pilgrim's Pride seller in Q3 2023 was Candlestick Capital Management, an estimated $30.4M sold.
Based on aggregated 13F filings for Q3 2023.