Pilgrim's Pride
170 hedge funds and large institutions have $699M invested in Pilgrim's Pride in 2013 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 48 increasing their positions, 65 reducing their positions, and 19 closing their positions.
147% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 19
21% more capital invested
Capital invested by funds: $579M → $699M (+$120M)
19% more funds holding
Funds holding: 143 → 170 (+27)
1.17% more ownership
Funds ownership: 15.05% → 16.22% (+1.2%)
10% less call options, than puts
Call options by funds: $5.07M | Put options by funds: $5.61M
26% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 65
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$23.3M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$12.6M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$12.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$10.9M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$9.46M |
| 2 |
HT
HAP Trading
New York
|
-$8.93M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.25M |
| 4 |
BII
Baring International Investment
London,
United Kingdom
|
-$5.83M |
| 5 |
AC
Ascend Capital
Orinda,
California
|
-$5.16M |
PPC Hedge Fund Activity: Q3 2013 in Review
170 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q3 2013, worth a combined $699M — up 21% from $579M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PPC positions and 19 closed out — a net gain of 28 holders — while 48 added to existing stakes and 65 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $23.3M. The largest seller was Rainier Investment Management, cutting an estimated $9.46M.
- 170 institutional investors held Pilgrim's Pride (PPC) as of Q3 2013, up from 143 in Q2 2013.
- Funds reported $699M of Pilgrim's Pride stock for Q3 2013, up 21% quarter-over-quarter.
- 47 funds opened new Pilgrim's Pride positions in Q3 2013 and 19 closed out, a net change of +28 holders.
- The largest Pilgrim's Pride buyer in Q3 2013 was JP Morgan Chase, an estimated $23.3M added.
- The largest Pilgrim's Pride seller in Q3 2013 was Rainier Investment Management, an estimated $9.46M sold.
Based on aggregated 13F filings for Q3 2013.