Papa John's
PZZA
161 hedge funds and large institutions have $1.5B invested in Papa John's in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 77 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% more capital invested
Capital invested by funds: $1.3B → $1.5B (+$194M)
9% more funds holding
Funds holding: 148 → 161 (+13)
49% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 77
55% less call options, than puts
Call options by funds: $2.43M | Put options by funds: $5.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$97.2M |
| 2 |
FAM
Fred Alger Management
New York
|
+$23.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.09M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
+$7.38M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.2M |
| 2 |
JP Morgan Chase
New York
|
-$17.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.6M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$12.4M |
| 5 |
TA
Teachers Advisors
New York
|
-$9.57M |
PZZA Hedge Fund Activity: Q1 2014 in Review
161 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2014, worth a combined $1.5B — up 15% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PZZA positions and 13 closed out — a net gain of 16 holders — while 39 added to existing stakes and 77 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $97.2M. The largest seller was Fidelity Investments, cutting an estimated $54.2M.
- 161 institutional investors held Papa John's (PZZA) as of Q1 2014, up from 148 in Q4 2013.
- Funds reported $1.5B of Papa John's stock for Q1 2014, up 15% quarter-over-quarter.
- 29 funds opened new Papa John's positions in Q1 2014 and 13 closed out, a net change of +16 holders.
- The largest Papa John's buyer in Q1 2014 was T. Rowe Price Associates, an estimated $97.2M added.
- The largest Papa John's seller in Q1 2014 was Fidelity Investments, an estimated $54.2M sold.
Based on aggregated 13F filings for Q1 2014.