Papa John's
PZZA
169 hedge funds and large institutions have $1.18B invested in Papa John's in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 66 reducing their positions, and 23 closing their positions.
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
5% more funds holding
Funds holding: 161 → 169 (+8)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less capital invested
Capital invested by funds: $1.5B → $1.18B (-$318M)
23% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 66
40% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $1.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$42.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$19.3M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$15.5M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$13.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$43.8M |
| 3 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$18.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$16M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$14.5M |
PZZA Hedge Fund Activity: Q2 2014 in Review
169 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q2 2014, worth a combined $1.18B — down 21% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PZZA positions and 23 closed out — a net gain of 8 holders — while 51 added to existing stakes and 66 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $42.6M. The largest seller was Fidelity Investments, cutting an estimated $64.2M.
- 169 institutional investors held Papa John's (PZZA) as of Q2 2014, up from 161 in Q1 2014.
- Funds reported $1.18B of Papa John's stock for Q2 2014, down 21% quarter-over-quarter.
- 31 funds opened new Papa John's positions in Q2 2014 and 23 closed out, a net change of +8 holders.
- The largest Papa John's buyer in Q2 2014 was T. Rowe Price Associates, an estimated $42.6M added.
- The largest Papa John's seller in Q2 2014 was Fidelity Investments, an estimated $64.2M sold.
Based on aggregated 13F filings for Q2 2014.