Papa John's
PZZA
206 hedge funds and large institutions have $1.32B invested in Papa John's in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 62 increasing their positions, 69 reducing their positions, and 52 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
135% more call options, than puts
Call options by funds: $236M | Put options by funds: $101M
1% more capital invested
Capital invested by funds: $1.3B → $1.32B (+$15.5M)
0.71% less ownership
Funds ownership: 81.83% → 81.12% (-0.71%)
4% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 52
1% less funds holding
Funds holding: 209 → 206 (-3)
10% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$137M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$79.8M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$26.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$25.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$63.8M |
| 2 |
Neuberger Berman Group
New York
|
-$59.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$54M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$46.9M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$43.1M |
PZZA Hedge Fund Activity: Q3 2018 in Review
206 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2018, worth a combined $1.32B — up 1.2% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PZZA and 50 opened new positions — a net loss of 2 holders — while 69 trimmed existing stakes and 62 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $137M. The largest seller was JP Morgan Chase, cutting an estimated $63.8M.
- 206 institutional investors held Papa John's (PZZA) as of Q3 2018, down from 209 in Q2 2018.
- Funds reported $1.32B of Papa John's stock for Q3 2018, up 1.2% quarter-over-quarter.
- 50 funds opened new Papa John's positions in Q3 2018 and 52 closed out, a net change of -2 holders.
- The largest Papa John's buyer in Q3 2018 was T. Rowe Price Associates, an estimated $137M added.
- The largest Papa John's seller in Q3 2018 was JP Morgan Chase, an estimated $63.8M sold.
Based on aggregated 13F filings for Q3 2018.