Papa John's
PZZA
276 hedge funds and large institutions have $2.9B invested in Papa John's in 2021 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 86 increasing their positions, 116 reducing their positions, and 36 closing their positions.
33% more call options, than puts
Call options by funds: $69.5M | Put options by funds: $52.2M
8% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 36
1% more capital invested
Capital invested by funds: $2.87B → $2.9B (+$30.3M)
1% more funds holding
Funds holding: 274 → 276 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.01% less ownership
Funds ownership: 102.7% → 99.68% (-3%)
26% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$47M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$40.7M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$25.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$53.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$26.5M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$21.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$18M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.3M |
PZZA Hedge Fund Activity: Q1 2021 in Review
276 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q1 2021, worth a combined $2.9B — up 1.1% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PZZA positions and 36 closed out — a net gain of 3 holders — while 86 added to existing stakes and 116 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $47M. The largest seller was Fidelity International, cutting an estimated $53.2M.
- 276 institutional investors held Papa John's (PZZA) as of Q1 2021, up from 274 in Q4 2020.
- Funds reported $2.9B of Papa John's stock for Q1 2021, up 1.1% quarter-over-quarter.
- 39 funds opened new Papa John's positions in Q1 2021 and 36 closed out, a net change of +3 holders.
- The largest Papa John's buyer in Q1 2021 was Citadel Advisors, an estimated $47M added.
- The largest Papa John's seller in Q1 2021 was Fidelity International, an estimated $53.2M sold.
Based on aggregated 13F filings for Q1 2021.