Papa John's
PZZA
241 hedge funds and large institutions have $1.88B invested in Papa John's in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 80 reducing their positions, and 78 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 80
8.99% more ownership
Funds ownership: 112.06% → 121.05% (+9%)
11% less call options, than puts
Call options by funds: $182M | Put options by funds: $204M
14% less funds holding
Funds holding: 279 → 241 (-38)
23% less capital invested
Capital invested by funds: $2.45B → $1.88B (-$570M)
46% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$109M |
| 2 |
Jane Street
New York
|
+$71.3M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$66.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$60.7M |
| 5 |
CAC
Cowen and Company
New York
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$113M |
| 2 |
JP Morgan Chase
New York
|
-$42.1M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$31.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$31.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$28.4M |
PZZA Hedge Fund Activity: Q2 2024 in Review
241 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2024, worth a combined $1.88B — down 23% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of PZZA and 42 opened new positions — a net loss of 36 holders — while 80 trimmed existing stakes and 90 added.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $109M. The largest seller was Wellington Management Group, exiting entirely with an estimated $113M sold.
- 241 institutional investors held Papa John's (PZZA) as of Q2 2024, down from 279 in Q1 2024.
- Funds reported $1.88B of Papa John's stock for Q2 2024, down 23% quarter-over-quarter.
- 42 funds opened new Papa John's positions in Q2 2024 and 78 closed out, a net change of -36 holders.
- The largest Papa John's buyer in Q2 2024 was 1832 Asset Management, an estimated $109M added.
- The largest Papa John's seller in Q2 2024 was Wellington Management Group, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2024.