Papa John's
PZZA
197 hedge funds and large institutions have $2.19B invested in Papa John's in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 80 reducing their positions, and 22 closing their positions.
25% more capital invested
Capital invested by funds: $1.75B → $2.19B (+$445M)
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
2% more funds holding
Funds holding: 194 → 197 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 80
52% less call options, than puts
Call options by funds: $17.1M | Put options by funds: $35.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$97M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$18.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$10M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$14.5M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$13.1M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$7.71M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$7.54M |
| 5 |
FAM
Fred Alger Management
New York
|
-$6.8M |
PZZA Hedge Fund Activity: Q2 2015 in Review
197 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2015, worth a combined $2.19B — up 25% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PZZA positions and 22 closed out — a net gain of 4 holders — while 67 added to existing stakes and 80 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $97M. The largest seller was Neuberger Berman Group, cutting an estimated $14.5M.
- 197 institutional investors held Papa John's (PZZA) as of Q2 2015, up from 194 in Q1 2015.
- Funds reported $2.19B of Papa John's stock for Q2 2015, up 25% quarter-over-quarter.
- 26 funds opened new Papa John's positions in Q2 2015 and 22 closed out, a net change of +4 holders.
- The largest Papa John's buyer in Q2 2015 was Fidelity Investments, an estimated $97M added.
- The largest Papa John's seller in Q2 2015 was Neuberger Berman Group, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2015.