PILGRIMS PRIDE CORP PPC
COM · Common Stock · CUSIP 72147K108 · ISIN US72147K1088
Brazilian-owned, American food company
- SectorConsumer staples
- IndustryPoultry Slaughtering and Processing
- HeadquartersGreeley, CO
- Founded1946
- Websitepilgrims.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.5m this quarter). Holder counts are more reliable. Shares outstanding: 236.5m as of 2023-02-08, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $23.73. Options: 12 managers hold calls ($94.4m notional), 4 hold puts ($4.3m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.4m | $3.3m | 0.97 |
| Q4 2022 | $94.4m | $4.3m | 0.05 |
Biggest buyers
| Candlestick Capital Management LP | New | +775.0k |
| Appian Way Asset Management LP | Added | +751.2k |
| BlackRock Inc. | Added | +563.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +490.4k |
| J. Goldman & Co LP | New | +386.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +357.3k |
| Redwood Investment Management, LLC | New | +294.7k |
| GOLDMAN SACHS GROUP INC | Added | +278.9k |
| Weiss Multi-Strategy Advisers LLC | New | +241.9k |
| Empowered Funds, LLC | New | +220.9k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -885.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -812.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -369.0k |
| CANTOR FITZGERALD, L. P. | Sold out | -344.7k |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -321.6k |
| PRUDENTIAL FINANCIAL INC | Reduced | -167.2k |
| Allspring Global Investments Holdings, LLC | Reduced | -144.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -138.8k |
| Schonfeld Strategic Advisors LLC | Sold out | -114.2k |
| Cubist Systematic Strategies, LLC | Reduced | -112.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $44.0m1.9m shares |
| GOLDMAN SACHS GROUP INC | New | $27.7m1.2m shares |
| GROUP ONE TRADING LLC | Added | $16.9m713.1k shares |
| Parallax Volatility Advisers, L.P. | New | $3.6m151.3k shares |
| CITADEL ADVISORS LLC | Added | $1.6m67.3k shares |
| JANE STREET GROUP, LLC | Reduced | $280.0k11.8k shares |
| Walleye Trading LLC | New | $106.8k4.5k shares |
| SIMPLEX TRADING, LLC | Added | $102.0k4.3k shares |
| BLUEFIN CAPITAL MANAGEMENT, LLC | New | $35.0k140.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $2.5m104.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m75.7k shares |
| Walleye Trading LLC | New | $11.9k500 shares |
| Cutler Group LLC / CA | Unchanged | $1.0k1.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
JBS USA HOLDING LUX S.A R.L.
13D · may seek influence
filed 2026-08-18
Stated purposeItem 4 of the Statement is hereby amended and supplemented by the addition of the following: On August 18, 2026, JBS delivered to the Issuer's board of directors a letter setting forth a non-binding proposal to acquire all of the outstanding shares of PPC Common Stock that are not owned by JBS or its affiliates (the securities identified pursuant to Item 1 of this Schedule 13D) for a fixed exchange ratio of 2.086 JBS Class A common shares per share of PPC Common Stock (the "Proposal"). JBS provided in the Proposal that it expects that a fully empowered special committee comprised solely of independent and disinterested directors appointed by the Issuer's board of directors (the "Special Committee") will consider the Proposal and make a recommendation to the Issuer's board of directors. T… Full filing |
82.1% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $7.5m | — |
| Q3 2022 | 0 | — | 1 | $1.0m | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 6.0m $141.7m | Reduced -885.2k |
| BlackRock Inc. 0.00% of their portfolio | 4.9m $116.7m | Added +563.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $60.4m | Added +124.6k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 2.1m $48.5m | Added +490.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.9m $44.6m | Added +278.9k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 1.6m $38.8m | Reduced -167.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $30.8m | Added +47.2k |
| Invesco Ltd. 0.01% of their portfolio | 1.2m $27.3m | Added +206.6k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 1.1m $26.5m | Reduced -144.8k |
| Atlas FRM LLC 4.84% of their portfolio | 1.1m $24.9m | Added +150.0k |
| Appian Way Asset Management LP 8.60% of their portfolio | 964.4k $22.9m | Added +751.2k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 929.4k $22.1m | Added +52.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 810.5k $19.2m | Added +19.0k |
| Candlestick Capital Management LP 0.81% of their portfolio | 775.0k $18.4m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 747.9k $17.7m | Reduced -785 |
| MORGAN STANLEY 0.00% of their portfolio | 747.8k $17.7m | Added +174.8k |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 682.8k $16.2m | Reduced -25.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 618.1k $14.7m | Reduced -138.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 580.7k $13.8m | Reduced -11.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 537.0k $12.7m | Added +357.3k |
| NORGES BANK 0.00% of their portfolio | 444.3k $10.5m | Reduced -13.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 414.1k $9.8m | Reduced -369.0k |
| J. Goldman & Co LP 0.65% of their portfolio | 386.5k $9.2m | New |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 357.0k $8.5m | Reduced -58.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 351.5k $8.3m | Added +6.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 325.3k $7.7m | Reduced -812.8k |
| Herr Investment Group LLC 1.34% of their portfolio | 296.9k $7.0m | First filing |
| Redwood Investment Management, LLC 0.93% of their portfolio | 294.7k $7.0m | New |
| Centre Asset Management, LLC 1.81% of their portfolio | 287.8k $6.8m | Reduced -20.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 244.8k $5.8m | Reduced -6.4k |
| Weiss Multi-Strategy Advisers LLC 0.17% of their portfolio | 241.9k $5.7m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 234.6k $5.6m | Reduced -6.6k |
| COHEN & STEERS, INC. 0.01% of their portfolio | 227.6k $5.4m | Added +145.3k |
| GROUP ONE TRADING LLC 0.18% of their portfolio | 223.2k $5.3m | Added +217.3k |
| Empowered Funds, LLC 0.34% of their portfolio | 220.9k $5.2m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.10% of their portfolio | 207.4k $4.9m | Added +70.2k |
| BURNEY CO/ 0.25% of their portfolio | 204.1k $4.8m | Added +146.7k |
| UBS Group AG 0.00% of their portfolio | 202.1k $4.8m | Added +148.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 191.9k $4.6m | Reduced -60.4k |
| Gotham Asset Management, LLC 0.13% of their portfolio | 191.3k $4.5m | Added +122.9k |
| Alberta Investment Management Corp 0.04% of their portfolio | 188.0k $4.5m | Reduced -8.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 177.3k $4.2m | Reduced -284 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 172.8k $4.1m | Added +11.6k |
| South Dakota Investment Council 0.09% of their portfolio | 171.6k $4.1m | Added +65.7k |
| HRT FINANCIAL LP 0.06% of their portfolio | 169.5k $4.0m | Added +132.9k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 163.0k $3.9m | Reduced -19.8k |
| COMMERCE BANK 0.03% of their portfolio | 138.1k $3.3m | Added +12.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 136.9k $3.2m | Added +1.6k |
| State of Alaska, Department of Revenue 0.04% of their portfolio | 133.9k $3.2m | Added +901 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 119.5k $2.8m | Added +42.6k |
| Ergoteles LLC 0.10% of their portfolio | 115.6k $2.7m | Added +79.3k |
| Swiss National Bank 0.00% of their portfolio | 115.4k $2.7m | Added +1.4k |
| Man Group plc 0.01% of their portfolio | 110.4k $2.6m | Added +18.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 108.0k $2.6m | Added +751 |
| CoreCommodity Management, LLC 0.67% of their portfolio | 91.9k $2.2m | Reduced -4.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 87.2k $2.1m | Reduced -19.7k |
| Bridgewater Associates, LP 0.01% of their portfolio | 82.9k $2.0m | Reduced -33.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 82.6k $2.0m | Added +17.0k |
| EASTERLY INVESTMENT PARTNERS LLC 0.17% of their portfolio | 80.8k $1.9m | New |
| Legal & General Group Plc 0.00% of their portfolio | 76.8k $1.8m | Added +940 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 75.3k $1.8m | Added +1.1k |
| STRS OHIO 0.01% of their portfolio | 71.8k $1.7m | Added +6.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 70.1k $1.7m | Reduced -1.7k |
| FMR LLC 0.00% of their portfolio | 69.3k $1.6m | Reduced -3.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 66.0k $1.6m | Added +22.5k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 65.0k $1.5m | Reduced -25.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 63.6k $1.5m | Added +16.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 62.9k $1.5m | Reduced -28.5k |
| ClariVest Asset Management LLC 0.07% of their portfolio | 62.0k $1.5m | Reduced -246 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 61.5k $1.5m | Added +4.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 61.3k $1.5m | Added +45.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 60.3k $1.4m | Added +142 |
| Wolf Group Capital Advisors 0.67% of their portfolio | 59.8k $1.4m | New |
| Retirement Systems of Alabama 0.01% of their portfolio | 59.2k $1.4m | Reduced -244 |
| Corient Private Wealth LP 0.00% of their portfolio | 56.3k $1.3m | First filing |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 54.3k $1.3m | Reduced -97.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 54.2k $1.3m | Reduced -7.9k |
| BLUEFIN CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 53.9k $1.3m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 50.2k $1.2m | New |
| Brandywine Global Investment Management, LLC 0.01% of their portfolio | 49.4k $1.2m | New |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 46.6k $1.1m | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 45.3k $1.1m | Reduced -13 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.2k $1.0m | Reduced -16.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 41.9k $994.8k | Added +5.2k |
| Trexquant Investment LP 0.03% of their portfolio | 41.1k $976.1k | Reduced -1.6k |
| LPL Financial LLC 0.00% of their portfolio | 40.6k $963.4k | Reduced -928 |
| AMALGAMATED BANK 0.01% of their portfolio | 40.0k $949.0k | Added +6.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 39.1k $929.0k | Reduced -14.0k |
| CITIGROUP INC 0.00% of their portfolio | 38.7k $919.3k | Reduced -1.7k |
| SG Americas Securities, LLC 0.01% of their portfolio | 37.7k $895.0k | Added +279 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 37.4k $887.3k | Reduced -58.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 37.0k $877.1k | Added +425 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 37.0k $877.1k | Reduced -6.8k |
| CORNERCAP INVESTMENT COUNSEL INC 0.15% of their portfolio | 35.8k $849.5k | Unchanged |
| DUALITY ADVISERS, LP 0.09% of their portfolio | 34.4k $817.3k | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 34.2k $812.4k | New |
| Sequoia Financial Advisors, LLC 0.02% of their portfolio | 33.8k $803.0k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 31.9k $758.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 30.3k $719.3k | Reduced -21.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 30.2k $717.1k | Reduced -1.2k |