Papa John's
PZZA
269 hedge funds and large institutions have $2.73B invested in Papa John's in 2023 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 117 increasing their positions, 74 reducing their positions, and 43 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 74
23% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 43
13.24% more ownership
Funds ownership: 108.89% → 122.14% (+13%)
3% more funds holding
Funds holding: 260 → 269 (+9)
4% more capital invested
Capital invested by funds: $2.63B → $2.73B (+$102M)
84% less call options, than puts
Call options by funds: $24.9M | Put options by funds: $159M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$116M |
| 2 |
BlackRock
New York
|
+$109M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$36.5M |
| 4 |
Morgan Stanley
New York
|
+$34.8M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$34.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$55.6M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$32.9M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$22.8M |
| 4 |
Renaissance Technologies
New York
|
-$16.5M |
| 5 |
SV
Starboard Value
New York
|
-$13.4M |
PZZA Hedge Fund Activity: Q3 2023 in Review
269 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q3 2023, worth a combined $2.73B — up 3.9% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PZZA positions and 43 closed out — a net gain of 10 holders — while 117 added to existing stakes and 74 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $116M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $55.6M sold.
- 269 institutional investors held Papa John's (PZZA) as of Q3 2023, up from 260 in Q2 2023.
- Funds reported $2.73B of Papa John's stock for Q3 2023, up 3.9% quarter-over-quarter.
- 53 funds opened new Papa John's positions in Q3 2023 and 43 closed out, a net change of +10 holders.
- The largest Papa John's buyer in Q3 2023 was Wellington Management Group, an estimated $116M added.
- The largest Papa John's seller in Q3 2023 was Jackson Square Partners, an estimated $55.6M sold.
Based on aggregated 13F filings for Q3 2023.