Papa John's
PZZA
272 hedge funds and large institutions have $2.97B invested in Papa John's in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 77 increasing their positions, 113 reducing their positions, and 40 closing their positions.
13% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 40
9% more capital invested
Capital invested by funds: $2.73B → $2.97B (+$239M)
1% more funds holding
Funds holding: 269 → 272 (+3)
3.33% less ownership
Funds ownership: 122.14% → 118.81% (-3.3%)
32% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 113
87% less call options, than puts
Call options by funds: $30.4M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$61.1M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$21.6M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$15.8M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$15M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$29.1M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$21.6M |
| 3 |
Holocene Advisors
New York
|
-$18.6M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$16.1M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NICM
301
Neo Ivy Capital Management
New York
| – | -$302K | -4,420 | Closed |
|
|
FRM
302
Fox Run Management
Greenwich,
Connecticut
| – | -$257K | -3,767 | Closed |
|
|
QT
303
Quantbot Technologies
New York
| – | -$72.5K | -1,062 | Closed |
|
304
Lazard Asset Management
New York
| – | -$39K | -580 | Closed |
|
|
PPC
305
Park Place Capital
Homewood,
Alabama
| – | -$37K | -543 | Closed |
|
|
SO
306
STRS Ohio
Columbus,
Ohio
| – | -$27K | -400 | Closed |
|
|
HCM
307
Highlander Capital Management
Short Hills,
New Jersey
| – | -$10K | -150 | Closed |
|
|
CSPIA
308
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$6.48K | -95 | Closed |
|
|
CA
309
Clearstead Advisors
Cleveland,
Ohio
| – | -$3K | -44 | Closed |
|
|
RFG
310
RFP Financial Group
Atlanta,
Georgia
| – | -$1.09K | -16 | Closed |
|
|
FFA
311
Farther Finance Advisors
San Francisco,
California
| – | -$682 | -10 | Closed |
|
|
HCP
312
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$136 | -2 | Closed |
|
PZZA Hedge Fund Activity: Q4 2023 in Review
272 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q4 2023, worth a combined $2.97B — up 8.8% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PZZA positions and 40 closed out — a net gain of 5 holders — while 77 added to existing stakes and 113 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $61.1M. The largest seller was Bank of America, cutting an estimated $29.1M.
- 272 institutional investors held Papa John's (PZZA) as of Q4 2023, up from 269 in Q3 2023.
- Funds reported $2.97B of Papa John's stock for Q4 2023, up 8.8% quarter-over-quarter.
- 45 funds opened new Papa John's positions in Q4 2023 and 40 closed out, a net change of +5 holders.
- The largest Papa John's buyer in Q4 2023 was Morgan Stanley, an estimated $61.1M added.
- The largest Papa John's seller in Q4 2023 was Bank of America, an estimated $29.1M sold.
Based on aggregated 13F filings for Q4 2023.