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Papa John's

226 hedge funds and large institutions have $2.33B invested in Papa John's in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

1.95% more ownership

Funds ownership: 77.03%78.98% (+1.9%)

6% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 81

4% less capital invested

Capital invested by funds: $2.43B → $2.33B (-$102M)

5% less funds holding

Funds holding: 239226 (-13)

15% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 41

30% less call options, than puts

Call options by funds: $23.8M | Put options by funds: $33.8M

Holders
226
Holders Change
-13
Holders Change %
-5.44%
% of All Funds
5.63%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
35
Increased
86
Reduced
81
Closed
41
Calls
$23.8M
Puts
$33.8M
Net Calls
-$10M
Net Calls Change
-$7.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$318M -$46.1M -566,963 -12%
BlackRock
2
BlackRock
New York
$247M +$249M +3,058,721 +13,762%
Vanguard Group
3
Vanguard Group
Pennsylvania
$190M +$13.1M +160,913 +7%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$108M -$19.1M -235,055 -15%
JP Morgan Chase
5
JP Morgan Chase
New York
$104M +$8.96M +110,230 +9%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$90.7M -$306K -3,766 -0.3%
TCM
7
TimesSquare Capital Management
New York
$77M +$52M +638,860 +198%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$71.5M +$3.56M +43,813 +5%
State Street
9
State Street
Massachusetts
$67.6M +$1.79M +22,014 +3%
CWAM
10
Columbia Wanger Asset Management
Illinois
$62.1M -$7.89M -96,981 -11%
Renaissance Technologies
11
Renaissance Technologies
New York
$61.7M +$3.85M +47,368 +7%
American Century Companies
12
American Century Companies
Missouri
$51.1M -$1.12M -13,735 -2%
VFA
13
Virtus Fund Advisers
Connecticut
$49.9M -$865K -10,640 -2%
Invesco
14
Invesco
Georgia
$48.5M -$267K -3,279 -0.5%
SIMG
15
Stephens Investment Management Group
Texas
$47.7M +$9.59M +117,887 +25%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$37.7M +$11.6M +143,192 +44%
Northern Trust
17
Northern Trust
Illinois
$37.4M +$133K +1,641 +0.4%
Brown Advisory
18
Brown Advisory
Maryland
$34.5M -$3.44M -42,298 -9%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$22.2M -$230K -2,832 -1%
Ameriprise
20
Ameriprise
Minnesota
$21.6M +$2.09M +25,673 +11%
Goldman Sachs
21
Goldman Sachs
New York
$18.2M +$758K +9,317 +4%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$18M +$835K +10,267 +5%
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$17.5M +$34.2K +420 +0.2%
Norges Bank
24
Norges Bank
Norway
$16.8M -$1.89M -23,290 -10%
VOYA Investment Management
25
VOYA Investment Management
Georgia
$16.6M +$252K +3,103 +2%

PZZA Hedge Fund Activity: Q1 2017 in Review

226 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2017, worth a combined $2.33B — down 4.2% from $2.43B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of PZZA and 35 opened new positions — a net loss of 6 holders — while 81 trimmed existing stakes and 86 added.

The largest buyer was BlackRock, adding an estimated $249M. The largest seller was Fidelity Investments, cutting an estimated $46.1M.

  • 226 institutional investors held Papa John's (PZZA) as of Q1 2017, down from 239 in Q4 2016.
  • Funds reported $2.33B of Papa John's stock for Q1 2017, down 4.2% quarter-over-quarter.
  • 35 funds opened new Papa John's positions in Q1 2017 and 41 closed out, a net change of -6 holders.
  • The largest Papa John's buyer in Q1 2017 was BlackRock, an estimated $249M added.
  • The largest Papa John's seller in Q1 2017 was Fidelity Investments, an estimated $46.1M sold.

Based on aggregated 13F filings for Q1 2017.