Papa John's
PZZA
264 hedge funds and large institutions have $2.79B invested in Papa John's in 2020 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 80 increasing their positions, 93 reducing their positions, and 26 closing their positions.
154% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 26
54% more capital invested
Capital invested by funds: $1.82B → $2.79B (+$975M)
16% more funds holding
Funds holding: 227 → 264 (+37)
2.87% more ownership
Funds ownership: 105.4% → 108.26% (+2.9%)
14% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 93
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
30% less call options, than puts
Call options by funds: $49.1M | Put options by funds: $70.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$64.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$49.5M |
| 3 |
BlackRock
New York
|
+$40.9M |
| 4 |
Two Sigma Investments
New York
|
+$28.7M |
| 5 |
Renaissance Technologies
New York
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$52.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$33.9M |
| 3 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$29.8M |
| 4 |
Goldman Sachs
New York
|
-$20.6M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$19.5M |
PZZA Hedge Fund Activity: Q2 2020 in Review
264 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2020, worth a combined $2.79B — up 54% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PZZA positions and 26 closed out — a net gain of 40 holders — while 80 added to existing stakes and 93 trimmed.
The largest buyer was Vanguard Group, adding an estimated $64.2M. The largest seller was AllianceBernstein, cutting an estimated $52.6M.
- 264 institutional investors held Papa John's (PZZA) as of Q2 2020, up from 227 in Q1 2020.
- Funds reported $2.79B of Papa John's stock for Q2 2020, up 54% quarter-over-quarter.
- 66 funds opened new Papa John's positions in Q2 2020 and 26 closed out, a net change of +40 holders.
- The largest Papa John's buyer in Q2 2020 was Vanguard Group, an estimated $64.2M added.
- The largest Papa John's seller in Q2 2020 was AllianceBernstein, an estimated $52.6M sold.
Based on aggregated 13F filings for Q2 2020.