Papa John's
PZZA
279 hedge funds and large institutions have $2.45B invested in Papa John's in 2024 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 108 increasing their positions, 85 reducing their positions, and 38 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 85
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
3% more funds holding
Funds holding: 272 → 279 (+7)
6.74% less ownership
Funds ownership: 118.81% → 112.06% (-6.7%)
18% less capital invested
Capital invested by funds: $2.97B → $2.45B (-$521M)
85% less call options, than puts
Call options by funds: $45.6M | Put options by funds: $299M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$42.1M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$23.8M |
| 3 |
Two Sigma Investments
New York
|
+$20M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$132M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$50.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$45.6M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$35.6M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$18.8M |
PZZA Hedge Fund Activity: Q1 2024 in Review
279 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2024, worth a combined $2.45B — down 18% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PZZA positions and 38 closed out — a net gain of 9 holders — while 108 added to existing stakes and 85 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $42.1M. The largest seller was Morgan Stanley, cutting an estimated $132M.
- 279 institutional investors held Papa John's (PZZA) as of Q1 2024, up from 272 in Q4 2023.
- Funds reported $2.45B of Papa John's stock for Q1 2024, down 18% quarter-over-quarter.
- 47 funds opened new Papa John's positions in Q1 2024 and 38 closed out, a net change of +9 holders.
- The largest Papa John's buyer in Q1 2024 was Cooper Creek Partners Management, an estimated $42.1M added.
- The largest Papa John's seller in Q1 2024 was Morgan Stanley, an estimated $132M sold.
Based on aggregated 13F filings for Q1 2024.