Papa John's
PZZA
239 hedge funds and large institutions have $2.43B invested in Papa John's in 2016 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 73 increasing their positions, 78 reducing their positions, and 23 closing their positions.
157% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 23
77.03% more ownership
Funds ownership: 0% → 77.03% (+77%)
16% more funds holding
Funds holding: 206 → 239 (+33)
14% more capital invested
Capital invested by funds: $2.13B → $2.43B (+$300M)
6% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 78
7% less call options, than puts
Call options by funds: $26M | Put options by funds: $28.1M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$99.5M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$26.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$22.1M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$17.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$34.7M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$28.8M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$22.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WPW
251
Waldron Private Wealth
Bridgeville,
Pennsylvania
| – | -$289K | -4,132 | Closed |
|
252
Two Sigma Investments
New York
| – | -$299K | -3,605 | Closed |
|
|
PI
253
PineBridge Investments
New York
| – | -$267K | -3,386 | Closed |
|
254
Teacher Retirement System of Texas
Austin,
Texas
| – | -$238K | -3,021 | Closed |
|
|
RA
255
Rational Advisors
Huntington,
New York
| – | -$108K | -1,375 | Closed |
|
|
FMA
256
FNY Managed Accounts
New York
| – | -$78.8K | -1,000 | Closed |
|
|
PCM
257
Penserra Capital Management
Orinda,
California
| – | -$38K | -486 | Closed |
|
258
Walleye Trading
New York
| – | -$39.3K | -474 | Closed |
|
|
WEC
259
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$33.5K | -426 | Closed |
|
|
CLOS
260
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$10K | -130 | Closed |
|
|
AIM
261
Acrospire Investment Management
Chicago,
Illinois
| – | -$8K | -100 | Closed |
|
|
OSAM
262
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$249 | +3 | New |
|
PZZA Hedge Fund Activity: Q4 2016 in Review
239 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q4 2016, worth a combined $2.43B — up 14% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PZZA positions and 23 closed out — a net gain of 36 holders — while 73 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $99.5M. The largest seller was Wellington Management Group, cutting an estimated $38.5M.
- 239 institutional investors held Papa John's (PZZA) as of Q4 2016, up from 206 in Q3 2016.
- Funds reported $2.43B of Papa John's stock for Q4 2016, up 14% quarter-over-quarter.
- 59 funds opened new Papa John's positions in Q4 2016 and 23 closed out, a net change of +36 holders.
- The largest Papa John's buyer in Q4 2016 was Fidelity Investments, an estimated $99.5M added.
- The largest Papa John's seller in Q4 2016 was Wellington Management Group, an estimated $38.5M sold.
Based on aggregated 13F filings for Q4 2016.