Papa John's
PZZA
218 hedge funds and large institutions have $2.2B invested in Papa John's in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 77 increasing their positions, 85 reducing their positions, and 34 closing their positions.
4.26% more ownership
Funds ownership: 78.98% → 83.24% (+4.3%)
1% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $26.5M
9% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 85
4% less funds holding
Funds holding: 226 → 218 (-8)
6% less capital invested
Capital invested by funds: $2.33B → $2.2B (-$131M)
24% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 34
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$30.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$24.4M |
| 4 |
Millennium Management
New York
|
+$18.5M |
| 5 |
Two Sigma Advisers
New York
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.7M |
| 2 |
AB
Atlas Brown
Louisville,
Kentucky
|
-$15.2M |
| 3 |
O
OppenheimerFunds
New York
|
-$12.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$8.45M |
PZZA Hedge Fund Activity: Q2 2017 in Review
218 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2017, worth a combined $2.2B — down 5.6% from $2.33B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PZZA and 26 opened new positions — a net loss of 8 holders — while 85 trimmed existing stakes and 77 added.
The largest buyer was BlackRock, adding an estimated $30.3M. The largest seller was Fidelity Investments, cutting an estimated $22.7M.
- 218 institutional investors held Papa John's (PZZA) as of Q2 2017, down from 226 in Q1 2017.
- Funds reported $2.2B of Papa John's stock for Q2 2017, down 5.6% quarter-over-quarter.
- 26 funds opened new Papa John's positions in Q2 2017 and 34 closed out, a net change of -8 holders.
- The largest Papa John's buyer in Q2 2017 was BlackRock, an estimated $30.3M added.
- The largest Papa John's seller in Q2 2017 was Fidelity Investments, an estimated $22.7M sold.
Based on aggregated 13F filings for Q2 2017.