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, 74 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 (-$89.4M)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
38% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 74
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 |
PZZA Hedge Fund Activity: Q3 2014 in Review
158 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2014, worth a combined $1.09B — down 7.6% 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 74 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 7.6% 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.