Papa John's
PZZA
249 hedge funds and large institutions have $2.68B invested in Papa John's in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 99 increasing their positions, 85 reducing their positions, and 42 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 85
3.25% more ownership
Funds ownership: 104.85% → 108.11% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 270 → 249 (-21)
15% less capital invested
Capital invested by funds: $3.13B → $2.68B (-$458M)
45% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 42
47% less call options, than puts
Call options by funds: $43.7M | Put options by funds: $82.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$35.8M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$30.8M |
| 3 |
BlackRock
New York
|
+$30.1M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$25.4M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$279M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$28.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$26.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$20.4M |
PZZA Hedge Fund Activity: Q3 2022 in Review
249 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2022, worth a combined $2.68B — down 15% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PZZA and 23 opened new positions — a net loss of 19 holders — while 85 trimmed existing stakes and 99 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $35.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $279M.
- 249 institutional investors held Papa John's (PZZA) as of Q3 2022, down from 270 in Q2 2022.
- Funds reported $2.68B of Papa John's stock for Q3 2022, down 15% quarter-over-quarter.
- 23 funds opened new Papa John's positions in Q3 2022 and 42 closed out, a net change of -19 holders.
- The largest Papa John's buyer in Q3 2022 was Thrivent Financial for Lutherans, an estimated $35.8M added.
- The largest Papa John's seller in Q3 2022 was T. Rowe Price Associates, an estimated $279M sold.
Based on aggregated 13F filings for Q3 2022.