Papa John's
PZZA
211 hedge funds and large institutions have $1.67B invested in Papa John's in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 86 reducing their positions, and 41 closing their positions.
49% more call options, than puts
Call options by funds: $107M | Put options by funds: $71.6M
3.79% more ownership
Funds ownership: 83.33% → 87.11% (+3.8%)
2% more capital invested
Capital invested by funds: $1.63B → $1.67B (+$34.9M)
10% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 41
4% less funds holding
Funds holding: 220 → 211 (-9)
35% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 86
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$129M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$43.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$38.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.2M |
| 3 |
BlackRock
New York
|
-$25.6M |
| 4 |
O
OppenheimerFunds
New York
|
-$17.8M |
| 5 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$16M |
PZZA Hedge Fund Activity: Q1 2018 in Review
211 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2018, worth a combined $1.67B — up 2.1% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PZZA and 37 opened new positions — a net loss of 4 holders — while 86 trimmed existing stakes and 56 added.
The largest buyer was Eminence Capital, adding an estimated $129M. The largest seller was American Century Companies, exiting entirely with an estimated $38.7M sold.
- 211 institutional investors held Papa John's (PZZA) as of Q1 2018, down from 220 in Q4 2017.
- Funds reported $1.67B of Papa John's stock for Q1 2018, up 2.1% quarter-over-quarter.
- 37 funds opened new Papa John's positions in Q1 2018 and 41 closed out, a net change of -4 holders.
- The largest Papa John's buyer in Q1 2018 was Eminence Capital, an estimated $129M added.
- The largest Papa John's seller in Q1 2018 was American Century Companies, an estimated $38.7M sold.
Based on aggregated 13F filings for Q1 2018.