Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PZZA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.8M | $156.2M | +1.1% | 14.649% | 0.00% |
| 2 | BRANDES INVESTMENT PARTNERS, LP | 2.6M | $85.3M | +608.9% | 8.002% | 0.60% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.9M | $61.8M | — | 5.793% | 0.00% |
| 4 | EARNEST PARTNERS LLC | 1.9M | $61.7M | -2.3% | 5.781% | 0.25% |
| 5 | Irth Capital Management LP | 1.6M | $52.8M | 0.0% | 4.950% | 100.00% |
| 6 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.5M | $48.2M | -0.8% | 4.519% | 0.01% |
| 7 | BANK OF AMERICA CORP /DE/ | 1.5M | $47.9M | -4.6% | 4.495% | 0.00% |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 1.4M | $45.5M | — | 4.268% | 0.00% |
| 9 | STATE STREET CORP | 1.2M | $40.3M | +0.1% | 3.779% | 0.00% |
| 10 | SEI INVESTMENTS CO | 1.1M | $35.0M | -5.1% | 3.280% | 0.03% |
| 11 | Quinn Opportunity Partners LLC | 1.1M | $34.8M | +224.0% | 3.266% | 1.82% |
| 12 | GEODE CAPITAL MANAGEMENT, LLC | 837K | $27.1M | -0.4% | 2.543% | 0.00% |
| 13 | CITADEL ADVISORS LLC | 727K | $23.6M | +4.3% | 2.211% | 0.01% |
| 14 | DIMENSIONAL FUND ADVISORS LP | 626K | $20.3M | +8.5% | 1.904% | 0.00% |
| 15 | Shay Capital LLC | 574K | $18.6M | — | 1.745% | 1.62% |
| 16 | Greenhouse Funds LLLP | 546K | $17.7M | — | 1.659% | 0.87% |
| 17 | BOOTHBAY FUND MANAGEMENT, LLC | 492K | $15.9M | +0.9% | 1.494% | 0.41% |
| 18 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 471K | $15.3M | +13.5% | 1.431% | 0.00% |
| 19 | UBS Group AG | 388K | $12.6M | -17.9% | 1.178% | 0.00% |
| 20 | Bank of New York Mellon Corp | 366K | $11.9M | -1.1% | 1.112% | 0.00% |
| 21 | Great Hill Capital LLC | 333K | $11.5M | +119.3% | 1.012% | 4.12% |
| 22 | MORGAN STANLEY | 348K | $11.3M | -37.9% | 1.059% | 0.00% |
| 23 | NORTHERN TRUST CORP | 338K | $11.0M | +6.4% | 1.028% | 0.00% |
| 24 | GOLDMAN SACHS GROUP INC | 327K | $10.6M | -73.4% | 0.995% | 0.00% |
| 25 | Nuveen, LLC | 319K | $10.4M | +117.5% | 0.971% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PZZA — a direct measure of their conviction.
Filings activity in PZZA during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 239 | 7.0% | 102.44% | 31.32 pp | $1.10B | 23% |
| Q4 2025 | 257 | 0.8% | 133.76% | 30.67 pp | $1.43B | 19% |
| Q3 2025 | 259 | 4.8% | 164.43% | 2.18 pp | $1.76B | 1.3% |
| Q2 2025 | 272 | +3.8% | 166.61% | +24.06 pp | $1.79B | +17% |
| Q1 2025 | 262 | +3.1% | 142.55% | 4.58 pp | $1.53B | 3.1% |
| Q4 2024 | 254 | 3.1% | 147.13% | 52.86 pp | $1.58B | 31% |
| Q3 2024 | 262 | +11% | 199.99% | +0.00 pp | $2.29B | 36% |
| Q2 2024 | 236 | — | 199.99% | — | $3.59B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PZZA stock.
Based on Q1 2026 13F filings, institutional ownership of Papa John's International, Inc. stands at 102.4%, held across 239 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of PZZA, with approximately 4,819,858 shares worth $0.16B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of PZZA, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC.
Our composite Smart Money Score for PZZA is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
48 institutions opened new positions in PZZA during Q1 2026, while 66 fully exited. 57 added to existing positions and 133 trimmed.
PZZA institutional ownership fell by 31.32 percentage points quarter-over-quarter, with a net change of -18 holders.
The top 10 institutions account for 57.8% of all reported 13F value in PZZA, and the top 25 account for 80.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Papa John's International, Inc. (PZZA) Institutional Ownership