Pilgrim's Pride
194 hedge funds and large institutions have $598M invested in Pilgrim's Pride in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 82 reducing their positions, and 45 closing their positions.
1.04% less ownership
Funds ownership: 17.42% → 16.38% (-1%)
9% less funds holding
Funds holding: 213 → 194 (-19)
17% less capital invested
Capital invested by funds: $724M → $598M (-$126M)
32% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 82
42% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 45
50% less call options, than puts
Call options by funds: $3.71M | Put options by funds: $7.43M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14.8M |
| 2 |
Goldman Sachs
New York
|
+$11.5M |
| 3 |
BC
Burney Company
Reston,
Virginia
|
+$4.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.36M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$21.2M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$15.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14M |
| 4 |
PWPS
Pinnacle Wealth Planning Services
Mansfield,
Ohio
|
-$11.2M |
| 5 |
BlackRock
New York
|
-$9.22M |
PPC Hedge Fund Activity: Q3 2020 in Review
194 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q3 2020, worth a combined $598M — down 17% from $724M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PPC and 26 opened new positions — a net loss of 19 holders — while 82 trimmed existing stakes and 56 added.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $14.8M. The largest seller was AQR Capital Management, cutting an estimated $21.2M.
- 194 institutional investors held Pilgrim's Pride (PPC) as of Q3 2020, down from 213 in Q2 2020.
- Funds reported $598M of Pilgrim's Pride stock for Q3 2020, down 17% quarter-over-quarter.
- 26 funds opened new Pilgrim's Pride positions in Q3 2020 and 45 closed out, a net change of -19 holders.
- The largest Pilgrim's Pride buyer in Q3 2020 was River Road Asset Management, an estimated $14.8M added.
- The largest Pilgrim's Pride seller in Q3 2020 was AQR Capital Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q3 2020.