Pilgrim's Pride
213 hedge funds and large institutions have $850M invested in Pilgrim's Pride in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 84 reducing their positions, and 39 closing their positions.
836% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $3.27M
0.78% less ownership
Funds ownership: 17.5% → 16.72% (-0.78%)
8% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 39
1% less funds holding
Funds holding: 216 → 213 (-3)
12% less capital invested
Capital invested by funds: $961M → $850M (-$112M)
27% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 84
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12M |
| 2 |
AWAM
Appian Way Asset Management
New York
|
+$11.5M |
| 3 |
JP Morgan Chase
New York
|
+$11.1M |
| 4 |
RCW
Rheos Capital Works
Tokyo,
Japan
|
+$10.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$15.2M |
| 4 |
HIG
Herr Investment Group
Austin,
Texas
|
-$14.9M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$12.4M |
PPC Hedge Fund Activity: Q2 2023 in Review
213 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pilgrim's Pride (PPC) for Q2 2023, worth a combined $850M — down 12% from $961M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PPC and 36 opened new positions — a net loss of 3 holders — while 84 trimmed existing stakes and 61 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $12M. The largest seller was Bank of America, cutting an estimated $16.5M.
- 213 institutional investors held Pilgrim's Pride (PPC) as of Q2 2023, down from 216 in Q1 2023.
- Funds reported $850M of Pilgrim's Pride stock for Q2 2023, down 12% quarter-over-quarter.
- 36 funds opened new Pilgrim's Pride positions in Q2 2023 and 39 closed out, a net change of -3 holders.
- The largest Pilgrim's Pride buyer in Q2 2023 was Dimensional Fund Advisors, an estimated $12M added.
- The largest Pilgrim's Pride seller in Q2 2023 was Bank of America, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2023.