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Papa John's

207 hedge funds and large institutions have $1.64B invested in Papa John's in 2019 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 64 increasing their positions, 50 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 48 (+4)

67% more capital invested

Capital invested by funds: $977M → $1.64B (+$659M)

51% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 41

28% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 50

17.53% more ownership

Funds ownership: 77.75%95.28% (+18%)

11% more funds holding

Funds holding: 186207 (+21)

12% less call options, than puts

Call options by funds: $156M | Put options by funds: $178M

Holders
207
Holders Change
+21
Holders Change %
+11.29%
% of All Funds
4.48%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.17%
New
62
Increased
64
Reduced
50
Closed
41
Calls
$156M
Puts
$178M
Net Calls
-$22.1M
Net Calls Change
-$89.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$135M -$772K -17,482 -0.7%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$127M -$41.9M -947,906 -28%
JSP
3
Jackson Square Partners
California
$121M +$101M +2,290,318 New
Vanguard Group
4
Vanguard Group
Pennsylvania
$103M -$3.48M -78,731 -4%
BCM
5
Bares Capital Management
Texas
$99.2M +$13.3M +301,159 +19%
LPAM
6
Legion Partners Asset Management
California
$91.4M
Fidelity International
7
Fidelity International
Bermuda
$67.3M +$40.8M +924,298 +267%
Invesco
8
Invesco
Georgia
$61.5M +$32.6M +737,352 +174%
Citadel Advisors
9
Citadel Advisors
Florida
$52.3M +$4.3M +97,366 +11%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$47.2M -$358K -8,101 -0.9%
State Street
11
State Street
Massachusetts
$37.3M +$532K +12,041 +2%
DRZID
12
DePrince Race & Zollo Inc (DRZ)
Florida
$36.4M +$1.88M +42,546 +7%
FCH
13
Freestone Capital Holdings
Washington
$33.6M +$35.3K +800 +100%
SEI Investments
14
SEI Investments
Pennsylvania
$25.2M +$20.7M +467,856 +5,924%
Canada Pension Plan Investment Board
15
Canada Pension Plan Investment Board
Ontario, Canada
$24.1M +$4.12M +93,190 +26%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$22.8M -$344K -7,784 -2%
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$22.8M +$19M +429,264 +106,517%
Northern Trust
18
Northern Trust
Illinois
$22.4M +$79.6K +1,802 +0.4%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$21.8M +$17M +385,172 +1,423%
Renaissance Technologies
20
Renaissance Technologies
New York
$21.8M +$18.2M +411,900 New
Deutsche Bank
21
Deutsche Bank
Germany
$21M +$15.4M +348,506 +728%
Macquarie Group
22
Macquarie Group
Australia
$20.9M +$17.4M +394,239 New
MC
23
Maverick Capital
Texas
$20.7M +$13.1M +297,690 +319%
Goldman Sachs
24
Goldman Sachs
New York
$20.1M +$4.83M +109,440 +41%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$19.5M +$6.57M +148,789 +68%

PZZA Hedge Fund Activity: Q1 2019 in Review

207 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2019, worth a combined $1.64B — up 67% from $977M a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new PZZA positions and 41 closed out — a net gain of 21 holders — while 64 added to existing stakes and 50 trimmed.

The largest buyer was Jackson Square Partners, opening a new position worth an estimated $101M. The largest seller was T. Rowe Price Associates, cutting an estimated $41.9M.

  • 207 institutional investors held Papa John's (PZZA) as of Q1 2019, up from 186 in Q4 2018.
  • Funds reported $1.64B of Papa John's stock for Q1 2019, up 67% quarter-over-quarter.
  • 62 funds opened new Papa John's positions in Q1 2019 and 41 closed out, a net change of +21 holders.
  • The largest Papa John's buyer in Q1 2019 was Jackson Square Partners, an estimated $101M added.
  • The largest Papa John's seller in Q1 2019 was T. Rowe Price Associates, an estimated $41.9M sold.

Based on aggregated 13F filings for Q1 2019.