Who owns Papa John's International (PZZA)
Which tracked institutional funds hold PZZA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PZZA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
72 tracked funds added or opened PZZA while 36 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PZZA’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PZZA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PZZA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 240 tracked filers holding PZZA, 133 increased or opened the position and 125 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PZZA between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 11
- Marex Group Ltd$15M
- MACQUARIE GROUP LTD$4M
- SOROS FUND MANAGEMENT LLC$4M
- Man Group plc$3M
- IMC-Chicago, LLC$3M
- Caption Management, LLC$2M
Full exits 19
- CITADEL ADVISORS LLC$8M
- NATIXIS ADVISORS, LLC$8M
- Hudson Bay Capital Management LP$6M
- MARSHALL WACE, LLP$4M
- GROUP ONE TRADING LLC$4M
- HRT FINANCIAL LP$3M
Largest adds
- EARNEST PARTNERS LLC$45M
- BANK OF AMERICA CORP /DE/$35M
- BlackRock, Inc.$26M
- SEI INVESTMENTS CO$26M
- BALYASNY ASSET MANAGEMENT L.P.$16M
- BRANDES INVESTMENT PARTNERS, LP$15M
Largest trims
- Woodline Partners LP$8M
- Russell Investments Group, Ltd.$3M
- GOLDMAN SACHS GROUP INC$2M
- BANK OF MONTREAL /CAN/$2M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$2M
- UBS Group AG$1M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 4,958,259 | $182M | 13.7% | 2026-Q2 |
| EARNEST PARTNERS LLC added | 2,890,502 | $106M | 8.0% | 2026-Q2 |
| BRANDES INVESTMENT PARTNERS, LP added | 2,730,683 | $100M | 7.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,262,335 | $83M | 6.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 1,961,550 | $72M | 5.4% | 2026-Q2 |
| SEI INVESTMENTS CO added | 1,648,417 | $61M | 4.6% | 2026-Q2 |
| Irth Capital Management LP | 1,628,503 | $60M | 4.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,469,356 | $54M | 4.1% | 2026-Q2 |
| STATE STREET CORP added | 1,306,936 | $48M | 3.6% | 2026-Q2 |
| Quinn Opportunity Partners LLC trimmed | 999,036 | $37M | 2.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 884,291 | $33M | 2.4% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 797,350 | $29M | 2.2% | 2026-Q2 |
| Greenhouse Funds LLLP added | 740,311 | $27M | 2.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 602,491 | $22M | 1.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 521,003 | $19M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 509,716 | $19M | 1.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 503,452 | $19M | 1.4% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 495,327 | $18M | 1.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 477,286 | $18M | 1.3% | 2026-Q2 |
| Shay Capital LLC added | 450,966 | $17M | 1.2% | 2026-Q2 |
| MORGAN STANLEY added | 414,216 | $15M | 1.1% | 2026-Q2 |
| Marex Group Ltd new | 400,418 | $15M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp added | 379,162 | $14M | 1.0% | 2026-Q2 |
| Great Hill Capital LLC added | 373,486 | $14M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 368,614 | $14M | 1.0% | 2026-Q2 |
| Nuveen, LLC added | 345,923 | $13M | 1.0% | 2026-Q2 |
| Long Focus Capital Management, LLC | 310,622 | $11M | 0.9% | 2026-Q2 |
| UBS Group AG trimmed | 309,473 | $11M | 0.9% | 2026-Q2 |
| Alberta Investment Management Corp | 275,702 | $10M | 0.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 247,205 | $9M | 0.7% | 2026-Q2 |
| HEARTLAND ADVISORS INC trimmed | 228,250 | $8M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 222,981 | $8M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 218,055 | $8M | 0.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 211,050 | $8M | 0.6% | 2026-Q2 |
| Invesco Ltd. added | 176,293 | $6M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 162,071 | $6M | 0.4% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 159,170 | $6M | 0.4% | 2026-Q2 |
| Verition Fund Management LLC added | 150,826 | $6M | 0.4% | 2026-Q2 |
| Fiduciary Alliance LLC added | 149,285 | $5M | 0.4% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 129,237 | $5M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 113,552 | $4M | 0.3% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. added | 109,300 | $4M | 0.3% | 2026-Q2 |
| MACQUARIE GROUP LTD new | 105,834 | $4M | 0.3% | 2026-Q2 |
| SOROS FUND MANAGEMENT LLC added | 100,000 | $4M | 0.3% | 2026-Q2 |
| Savoir Faire Capital Management, L.P. trimmed | 97,735 | $4M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 96,241 | $4M | 0.3% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 95,000 | $3M | 0.3% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 94,496 | $3M | 0.3% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 93,267 | $3M | 0.3% | 2026-Q2 |
| Man Group plc new | 90,656 | $3M | 0.3% | 2026-Q2 |
| TIG Advisors, LLC added | 83,770 | $3M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 83,714 | $3M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 79,223 | $3M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 76,512 | $3M | 0.2% | 2026-Q2 |
| IMC-Chicago, LLC new | 73,949 | $3M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 70,174 | $3M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 67,020 | $2M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 66,000 | $2M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 65,541 | $2M | 0.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 65,487 | $2M | 0.2% | 2026-Q2 |
| Anson Funds Management LP trimmed | 65,000 | $2M | 0.2% | 2026-Q2 |
| Private Capital Management, LLC added | 64,200 | $2M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 62,200 | $2M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 54,636 | $2M | 0.2% | 2026-Q2 |
| Caption Management, LLC trimmed | 53,945 | $2M | 0.1% | 2026-Q2 |
| HUNTINGTON NATIONAL BANK trimmed | 53,548 | $2M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 50,728 | $2M | 0.1% | 2026-Q2 |
| LMR Partners LLP | 50,000 | $2M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 49,324 | $2M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 46,095 | $2M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 43,378 | $2M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 42,045 | $1M | 0.1% | 2026-Q2 |
| MOODY NATIONAL BANK TRUST DIVISION | 41,485 | $2M | 0.1% | 2026-Q2 |
| Headlands Technologies LLC added | 37,783 | $1M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 36,385 | $1M | 0.1% | 2026-Q2 |
| ISTHMUS PARTNERS, LLC trimmed | 35,947 | $1M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 34,269 | $1M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 32,842 | $1M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 31,769 | $1M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 31,758 | $1M | 0.1% | 2026-Q2 |
| Barnett & Company, Inc. trimmed | 30,000 | $1M | 0.1% | 2026-Q2 |
| PEAK6 LLC trimmed | 28,977 | $1M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 28,900 | $1M | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC trimmed | 26,779 | $985K | 0.1% | 2026-Q2 |
| Woodline Partners LP trimmed | 26,288 | $967K | 0.1% | 2026-Q2 |
| SummitTX Capital, L.P. added | 25,914 | $953K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 25,247 | $928K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 24,293 | $925K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 24,177 | $889K | 0.1% | 2026-Q2 |
| &PARTNERS added | 23,045 | $848K | 0.1% | 2026-Q2 |
| Atria Investments, Inc added | 21,013 | $773K | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors added | 20,391 | $750K | 0.1% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 20,304 | $747K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 19,466 | $716K | 0.1% | 2026-Q2 |
| Illinois Municipal Retirement Fund added | 18,735 | $689K | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 18,191 | $669K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 18,120 | $666K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 18,081 | $665K | 0.1% | 2026-Q2 |
| NISA INVESTMENT ADVISORS, LLC added | 17,620 | $648K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 17,461 | $642K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.