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Institutional Ownership · SEC Form 13F

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.

240
Institutional holders
37M
Shares held (tracked funds)

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.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added4,958,259$182M13.7%2026-Q2
EARNEST PARTNERS LLC added2,890,502$106M8.0%2026-Q2
BRANDES INVESTMENT PARTNERS, LP added2,730,683$100M7.6%2026-Q2
BANK OF AMERICA CORP /DE/ added2,262,335$83M6.3%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added1,961,550$72M5.4%2026-Q2
SEI INVESTMENTS CO added1,648,417$61M4.6%2026-Q2
Irth Capital Management LP1,628,503$60M4.5%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added1,469,356$54M4.1%2026-Q2
STATE STREET CORP added1,306,936$48M3.6%2026-Q2
Quinn Opportunity Partners LLC trimmed999,036$37M2.8%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added884,291$33M2.4%2026-Q2
SEGALL BRYANT & HAMILL, LLC trimmed797,350$29M2.2%2026-Q2
Greenhouse Funds LLLP added740,311$27M2.0%2026-Q2
DIMENSIONAL FUND ADVISORS LP trimmed602,491$22M1.7%2026-Q2
JONES FINANCIAL COMPANIES LLLP added521,003$19M1.4%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added509,716$19M1.4%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed503,452$19M1.4%2026-Q2
BOOTHBAY FUND MANAGEMENT, LLC added495,327$18M1.4%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added477,286$18M1.3%2026-Q2
Shay Capital LLC added450,966$17M1.2%2026-Q2
MORGAN STANLEY added414,216$15M1.1%2026-Q2
Marex Group Ltd new400,418$15M1.1%2026-Q2
Bank of New York Mellon Corp added379,162$14M1.0%2026-Q2
Great Hill Capital LLC added373,486$14M1.0%2026-Q2
NORTHERN TRUST CORP added368,614$14M1.0%2026-Q2
Nuveen, LLC added345,923$13M1.0%2026-Q2
Long Focus Capital Management, LLC310,622$11M0.9%2026-Q2
UBS Group AG trimmed309,473$11M0.9%2026-Q2
Alberta Investment Management Corp275,702$10M0.8%2026-Q2
WELLS FARGO & COMPANY/MN added247,205$9M0.7%2026-Q2
HEARTLAND ADVISORS INC trimmed228,250$8M0.6%2026-Q2
GOLDMAN SACHS GROUP INC trimmed222,981$8M0.6%2026-Q2
VANGUARD FIDUCIARY TRUST CO added218,055$8M0.6%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added211,050$8M0.6%2026-Q2
Invesco Ltd. added176,293$6M0.5%2026-Q2
AMERIPRISE FINANCIAL INC trimmed162,071$6M0.4%2026-Q2
PRINCIPAL FINANCIAL GROUP INC trimmed159,170$6M0.4%2026-Q2
Verition Fund Management LLC added150,826$6M0.4%2026-Q2
Fiduciary Alliance LLC added149,285$5M0.4%2026-Q2
D. E. Shaw & Co., Inc. added129,237$5M0.4%2026-Q2
Public Sector Pension Investment Board trimmed113,552$4M0.3%2026-Q2
K2 PRINCIPAL FUND, L.P. added109,300$4M0.3%2026-Q2
MACQUARIE GROUP LTD new105,834$4M0.3%2026-Q2
SOROS FUND MANAGEMENT LLC added100,000$4M0.3%2026-Q2
Savoir Faire Capital Management, L.P. trimmed97,735$4M0.3%2026-Q2
RHUMBLINE ADVISERS trimmed96,241$4M0.3%2026-Q2
Point72 Asset Management, L.P. trimmed95,000$3M0.3%2026-Q2
SIMPLEX TRADING, LLC added94,496$3M0.3%2026-Q2
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed93,267$3M0.3%2026-Q2
Man Group plc new90,656$3M0.3%2026-Q2
TIG Advisors, LLC added83,770$3M0.2%2026-Q2
AMERICAN CENTURY COMPANIES INC added83,714$3M0.2%2026-Q2
Cetera Investment Advisers added79,223$3M0.2%2026-Q2
Legal & General Group Plc added76,512$3M0.2%2026-Q2
IMC-Chicago, LLC new73,949$3M0.2%2026-Q2
BARCLAYS PLC added70,174$3M0.2%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed67,020$2M0.2%2026-Q2
Swiss National Bank added66,000$2M0.2%2026-Q2
ROYAL BANK OF CANADA added65,541$2M0.2%2026-Q2
LPL Financial LLC trimmed65,487$2M0.2%2026-Q2
Anson Funds Management LP trimmed65,000$2M0.2%2026-Q2
Private Capital Management, LLC added64,200$2M0.2%2026-Q2
STATE OF WISCONSIN INVESTMENT BOARD trimmed62,200$2M0.2%2026-Q2
COMMONWEALTH EQUITY SERVICES, LLC added54,636$2M0.2%2026-Q2
Caption Management, LLC trimmed53,945$2M0.1%2026-Q2
HUNTINGTON NATIONAL BANK trimmed53,548$2M0.1%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added50,728$2M0.1%2026-Q2
LMR Partners LLP50,000$2M0.1%2026-Q2
DEUTSCHE BANK AG\ added49,324$2M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed46,095$2M0.1%2026-Q2
FIRST TRUST ADVISORS LP added43,378$2M0.1%2026-Q2
ALLIANCEBERNSTEIN L.P. trimmed42,045$1M0.1%2026-Q2
MOODY NATIONAL BANK TRUST DIVISION41,485$2M0.1%2026-Q2
Headlands Technologies LLC added37,783$1M0.1%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed36,385$1M0.1%2026-Q2
ISTHMUS PARTNERS, LLC trimmed35,947$1M0.1%2026-Q2
PRUDENTIAL FINANCIAL INC added34,269$1M0.1%2026-Q2
FIFTH THIRD BANCORP added32,842$1M0.1%2026-Q2
STIFEL FINANCIAL CORP added31,769$1M0.1%2026-Q2
Sanctuary Advisors, LLC added31,758$1M0.1%2026-Q2
Barnett & Company, Inc. trimmed30,000$1M0.1%2026-Q2
PEAK6 LLC trimmed28,977$1M0.1%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd28,900$1M0.1%2026-Q2
Campbell & CO Investment Adviser LLC trimmed26,779$985K0.1%2026-Q2
Woodline Partners LP trimmed26,288$967K0.1%2026-Q2
SummitTX Capital, L.P. added25,914$953K0.1%2026-Q2
XTX Topco Ltd added25,247$928K0.1%2026-Q2
JPMORGAN CHASE & CO trimmed24,293$925K0.1%2026-Q2
RAYMOND JAMES FINANCIAL INC added24,177$889K0.1%2026-Q2
&PARTNERS added23,045$848K0.1%2026-Q2
Atria Investments, Inc added21,013$773K0.1%2026-Q2
Arkadios Wealth Advisors added20,391$750K0.1%2026-Q2
Brevan Howard Capital Management LP added20,304$747K0.1%2026-Q2
MetLife Investment Management, LLC added19,466$716K0.1%2026-Q2
Illinois Municipal Retirement Fund added18,735$689K0.1%2026-Q2
TRUIST FINANCIAL CORP trimmed18,191$669K0.1%2026-Q2
BNP PARIBAS FINANCIAL MARKETS trimmed18,120$666K0.1%2026-Q2
CITIGROUP INC added18,081$665K0.1%2026-Q2
NISA INVESTMENT ADVISORS, LLC added17,620$648K0.0%2026-Q2
Russell Investments Group, Ltd. trimmed17,461$642K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership