Papa John's
PZZA
190 hedge funds and large institutions have $1.91B invested in Papa John's in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 74 reducing their positions, and 31 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
26% more capital invested
Capital invested by funds: $1.52B → $1.91B (+$388M)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
3% less funds holding
Funds holding: 195 → 190 (-5)
23% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 74
30% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $14.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$38.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$11.3M |
| 5 |
JP Morgan Chase
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$24.5M |
| 2 |
Two Sigma Investments
New York
|
-$24M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$15M |
| 4 |
Morgan Stanley
New York
|
-$12M |
| 5 |
Goldman Sachs
New York
|
-$9.6M |
PZZA Hedge Fund Activity: Q2 2016 in Review
190 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2016, worth a combined $1.91B — up 26% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PZZA and 29 opened new positions — a net loss of 2 holders — while 74 trimmed existing stakes and 57 added.
The largest buyer was Virtus Fund Advisers, adding an estimated $38.6M. The largest seller was Renaissance Technologies, cutting an estimated $24.5M.
- 190 institutional investors held Papa John's (PZZA) as of Q2 2016, down from 195 in Q1 2016.
- Funds reported $1.91B of Papa John's stock for Q2 2016, up 26% quarter-over-quarter.
- 29 funds opened new Papa John's positions in Q2 2016 and 31 closed out, a net change of -2 holders.
- The largest Papa John's buyer in Q2 2016 was Virtus Fund Advisers, an estimated $38.6M added.
- The largest Papa John's seller in Q2 2016 was Renaissance Technologies, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2016.