Papa John's
PZZA
145 hedge funds and large institutions have $1.02B invested in Papa John's in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 66 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
8% more capital invested
Capital invested by funds: $948M → $1.02B (+$72.1M)
1% more funds holding
Funds holding: 143 → 145 (+2)
30% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 66
30% less call options, than puts
Call options by funds: $3.73M | Put options by funds: $5.35M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$20.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.58M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.01M |
| 4 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
+$3.39M |
| 5 |
Renaissance Technologies
New York
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.06M |
| 2 |
Bank of New York Mellon
New York
|
-$7.42M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.31M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$4.41M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.11M |
PZZA Hedge Fund Activity: Q3 2013 in Review
145 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2013, worth a combined $1.02B — up 7.6% from $948M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PZZA positions and 13 closed out — a net gain of 3 holders — while 46 added to existing stakes and 66 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $20.8M. The largest seller was Fidelity Investments, cutting an estimated $9.06M.
- 145 institutional investors held Papa John's (PZZA) as of Q3 2013, up from 143 in Q2 2013.
- Funds reported $1.02B of Papa John's stock for Q3 2013, up 7.6% quarter-over-quarter.
- 16 funds opened new Papa John's positions in Q3 2013 and 13 closed out, a net change of +3 holders.
- The largest Papa John's buyer in Q3 2013 was Neuberger Berman Group, an estimated $20.8M added.
- The largest Papa John's seller in Q3 2013 was Fidelity Investments, an estimated $9.06M sold.
Based on aggregated 13F filings for Q3 2013.