Papa John's
PZZA
272 hedge funds and large institutions have $2.86B invested in Papa John's in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 77 increasing their positions, 113 reducing their positions, and 40 closing their positions.
13% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 40
1% more funds holding
Funds holding: 269 → 272 (+3)
5% more capital invested
Capital invested by funds: $2.73B → $2.86B (+$134M)
7.53% less ownership
Funds ownership: 122.14% → 114.6% (-7.5%)
32% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 113
87% less call options, than puts
Call options by funds: $30.4M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$21.6M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$15.8M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$15M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$29.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$21.6M |
| 4 |
Holocene Advisors
New York
|
-$18.6M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$16.1M |
PZZA Hedge Fund Activity: Q4 2023 in Review
272 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Papa John's (PZZA) for Q4 2023, worth a combined $2.86B — up 4.9% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PZZA positions and 40 closed out — a net gain of 5 holders — while 77 added to existing stakes and 113 trimmed.
The largest buyer was Fidelity International, adding an estimated $21.6M. The largest seller was Morgan Stanley, cutting an estimated $32.9M.
- 272 institutional investors held Papa John's (PZZA) as of Q4 2023, up from 269 in Q3 2023.
- Funds reported $2.86B of Papa John's stock for Q4 2023, up 4.9% quarter-over-quarter.
- 45 funds opened new Papa John's positions in Q4 2023 and 40 closed out, a net change of +5 holders.
- The largest Papa John's buyer in Q4 2023 was Fidelity International, an estimated $21.6M added.
- The largest Papa John's seller in Q4 2023 was Morgan Stanley, an estimated $32.9M sold.
Based on aggregated 13F filings for Q4 2023.