Papa John's
PZZA
302 hedge funds and large institutions have $4.47B invested in Papa John's in 2021 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 81 increasing their positions, 125 reducing their positions, and 23 closing their positions.
117% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 23
18% more capital invested
Capital invested by funds: $3.79B → $4.47B (+$675M)
8% more funds holding
Funds holding: 279 → 302 (+23)
5% less call options, than puts
Call options by funds: $76.1M | Put options by funds: $80M
13.5% less ownership
Funds ownership: 109.76% → 96.26% (-14%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
35% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$49.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$43.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$41.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$34.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$84.7M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$47.5M |
| 4 |
Citigroup
New York
|
-$31.6M |
| 5 |
Barclays
London,
United Kingdom
|
-$18.8M |
PZZA Hedge Fund Activity: Q3 2021 in Review
302 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2021, worth a combined $4.47B — up 18% from $3.79B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PZZA positions and 23 closed out — a net gain of 27 holders — while 81 added to existing stakes and 125 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $49.2M. The largest seller was Starboard Value, cutting an estimated $84.7M.
- 302 institutional investors held Papa John's (PZZA) as of Q3 2021, up from 279 in Q2 2021.
- Funds reported $4.47B of Papa John's stock for Q3 2021, up 18% quarter-over-quarter.
- 50 funds opened new Papa John's positions in Q3 2021 and 23 closed out, a net change of +27 holders.
- The largest Papa John's buyer in Q3 2021 was Lord, Abbett & Co, an estimated $49.2M added.
- The largest Papa John's seller in Q3 2021 was Starboard Value, an estimated $84.7M sold.
Based on aggregated 13F filings for Q3 2021.