Papa John's
PZZA
158 hedge funds and large institutions have $1.09B invested in Papa John's in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 73 reducing their positions, and 30 closing their positions.
7% less funds holding
Funds holding: 169 → 158 (-11)
8% less capital invested
Capital invested by funds: $1.18B → $1.09B (-$90.1M)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
37% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 73
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less call options, than puts
Call options by funds: $440K | Put options by funds: $1.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$34M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$30.1M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$19.2M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$13.7M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.7M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$15.7M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$13M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$12.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$449K | -10,581 | Closed |
|
177
Nomura Holdings
Tokyo,
Japan
| – | -$412K | -9,709 | Closed |
|
|
SB
178
Suntrust Banks
Atlanta,
Georgia
| – | -$390K | -9,211 | Closed |
|
|
VRS
179
Virginia Retirement Systems
Richmond,
Virginia
| – | -$382K | -9,000 | Closed |
|
|
SC
180
Sumit Capital
New York
| – | -$370K | -8,731 | Closed |
|
|
RCM
181
Reynolds Capital Management
Las Vegas,
Nevada
| – | -$348K | -8,200 | Closed |
|
|
PA
182
Profund Advisors
Bethesda,
Maryland
| – | -$333K | -7,866 | Closed |
|
|
IRS
183
Invictus RG (Singapore)
Singapore
| – | -$211K | -4,977 | Closed |
|
|
AG
184
Algert Global
San Francisco,
California
| – | -$206K | -4,850 | Closed |
|
|
AG
185
Aperio Group
Sausalito,
California
| – | -$205K | -4,831 | Closed |
|
186
Walleye Trading
New York
| – | -$127 | -2,993 | Closed |
|
|
VFA
187
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$111K | -2,613 | Closed |
|
|
CPO
188
Cerity Partners OCIO
New York
| – | -$55K | -1,300 | Closed |
|
189
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$55K | -1,300 | Closed |
|
PZZA Hedge Fund Activity: Q3 2014 in Review
158 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2014, worth a combined $1.09B — down 7.7% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PZZA and 19 opened new positions — a net loss of 11 holders — while 73 trimmed existing stakes and 46 added.
The largest buyer was Bares Capital Management, opening a new position worth an estimated $34M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.4M.
- 158 institutional investors held Papa John's (PZZA) as of Q3 2014, down from 169 in Q2 2014.
- Funds reported $1.09B of Papa John's stock for Q3 2014, down 7.7% quarter-over-quarter.
- 19 funds opened new Papa John's positions in Q3 2014 and 30 closed out, a net change of -11 holders.
- The largest Papa John's buyer in Q3 2014 was Bares Capital Management, an estimated $34M added.
- The largest Papa John's seller in Q3 2014 was T. Rowe Price Associates, an estimated $35.4M sold.
Based on aggregated 13F filings for Q3 2014.