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 ($11.1m this quarter). Holder counts are more reliable. Shares outstanding: 237.1m as of 2025-02-12, 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 ≈ $45.38. Options: 15 managers hold calls ($29.5m notional), 17 hold puts ($47.9m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 232 |
| Q1 2023 | 217 |
| Q2 2023 | 213 |
| Q3 2023 | 204 |
| Q4 2023 | 248 |
| Q1 2024 | 268 |
| Q2 2024 | 294 |
| Q3 2024 | 347 |
| Q4 2024 | 359 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 90 | 121 |
| Q2 2023 | 95 | 124 |
| Q3 2023 | 79 | 122 |
| Q4 2023 | 132 | 88 |
| Q1 2024 | 142 | 125 |
| Q2 2024 | 157 | 123 |
| Q3 2024 | 205 | 133 |
| Q4 2024 | 174 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $99.6m | $27.1m | 0.27 |
| Q2 2024 | $10.5m | $11.9m | 1.13 |
| Q3 2024 | $20.5m | $74.6m | 3.65 |
| Q4 2024 | $29.5m | $47.9m | 1.62 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +1.8m |
| UBS Group AG | Added | +656.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +576.4k |
| Cubist Systematic Strategies, LLC | New | +440.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +390.0k |
| CITIGROUP INC | Added | +260.5k |
| STOREBRAND ASSET MANAGEMENT AS | New | +213.9k |
| BI Asset Management Fondsmaeglerselskab A/S | Added | +203.2k |
| Qube Research & Technologies Ltd | Added | +202.1k |
| Ruffer LLP | New | +184.6k |
Biggest sellers
| Thrivent Financial for Lutherans | Reduced | -918.5k |
| Man Group plc | Reduced | -590.8k |
| Allspring Global Investments Holdings, LLC | Reduced | -386.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -243.6k |
| MORGAN STANLEY | Reduced | -220.0k |
| NORGES BANK | Reduced | -200.6k |
| JPMORGAN CHASE & CO | Reduced | -195.5k |
| Amundi | Reduced | -172.4k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -168.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -154.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $6.7m148.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.2m92.3k shares |
| Squarepoint Ops LLC | Added | $3.1m68.3k shares |
| JANE STREET GROUP, LLC | Added | $2.7m59.5k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m48.7k shares |
| Walleye Capital LLC | Added | $2.0m43.9k shares |
| Walleye Trading LLC | Added | $1.7m37.9k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $1.5m33.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.5m33.2k shares |
| Twin Tree Management, LP | New | $1.2m27.2k shares |
Biggest puts
| Ikarian Capital, LLC | New | $13.6m300.0k shares |
| CITADEL ADVISORS LLC | Added | $6.4m140.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.6m100.7k shares |
| Walleye Capital LLC | Reduced | $4.5m99.8k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $3.9m86.6k shares |
| Squarepoint Ops LLC | Added | $3.0m66.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.9m64.8k shares |
| Walleye Trading LLC | Added | $2.6m56.7k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $1.4m30.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.2m25.5k 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 2024
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 2023 | 0 | — | 2 | $366.4k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $1.3m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $3.2m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Pacer Advisors, Inc. 0.69% of their portfolio | 7.0m $317.8m | Added +1.8m |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.1m $232.1m | Added +34.0k |
| BlackRock, Inc. 0.00% of their portfolio | 4.3m $194.8m | Added +54.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.9m $130.5m | Reduced -40.3k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 1.9m $85.5m | Added +576.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.30% of their portfolio | 1.8m $83.8m | Added +390.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.4m $62.5m | Added +180.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $61.6m | Reduced -243.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $57.9m | Added +20.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.1m $51.3m | Reduced -52.5k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $51.1m | Added +119.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $48.8m | Reduced -154.2k |
| Man Group plc 0.13% of their portfolio | 920.4k $41.8m | Reduced -590.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 897.8k $40.8m | Added +15.9k |
| ASSETMARK, INC 0.10% of their portfolio | 849.3k $38.5m | Added +21.6k |
| UBS Group AG 0.01% of their portfolio | 822.7k $37.3m | Added +656.3k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 740.8k $33.6m | Added +202.1k |
| MORGAN STANLEY 0.00% of their portfolio | 716.8k $32.5m | Reduced -220.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 528.7k $24.0m | Reduced -28.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 509.3k $23.1m | Reduced -33.4k |
| Cubist Systematic Strategies, LLC 0.32% of their portfolio | 440.4k $20.0m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 429.4k $19.5m | Added +57.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 383.8k $17.4m | Added +103.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 375.0k $17.0m | Added +113.9k |
| Squarepoint Ops LLC 0.04% of their portfolio | 353.3k $16.0m | Added +98.8k |
| JUPITER ASSET MANAGEMENT LTD 0.15% of their portfolio | 347.5k $15.8m | Reduced -168.8k |
| BI Asset Management Fondsmaeglerselskab A/S 0.16% of their portfolio | 333.1k $15.1m | Added +203.2k |
| Trexquant Investment LP 0.17% of their portfolio | 315.8k $14.3m | Reduced -34.8k |
| CITIGROUP INC 0.01% of their portfolio | 283.3k $12.9m | Added +260.5k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 283.1k $12.8m | Added +69.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 249.3k $11.3m | Added +135.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.25% of their portfolio | 229.4k $10.4m | Reduced -8.7k |
| Amundi 0.00% of their portfolio | 219.5k $10.1m | Reduced -172.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.03% of their portfolio | 213.9k $9.7m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 208.1k $9.4m | Reduced -195.5k |
| Ruffer LLP 0.30% of their portfolio | 184.6k $8.4m | New |
| Advisors Preferred, LLC 1.38% of their portfolio | 182.1k $8.6m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 175.3k $8.0m | Added +8.7k |
| NORGES BANK 0.00% of their portfolio | 172.6k $7.8m | Reduced -200.6k |
| Artemis Investment Management LLP 0.10% of their portfolio | 157.5k $7.1m | Reduced -7.8k |
| EASTERLY INVESTMENT PARTNERS LLC 0.56% of their portfolio | 157.3k $7.1m | Reduced -77.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 149.4k $6.8m | Reduced -107.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 147.0k $6.7m | Added +11.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 140.1k $6.4m | Added +79.4k |
| United Capital Management of KS, Inc. 1.15% of their portfolio | 139.2k $6.3m | Added +2.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 138.9k $6.3m | Reduced -12.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 134.2k $6.1m | Reduced -2.2k |
| State of Alaska, Department of Revenue 0.07% of their portfolio | 132.2k $6.0m | Reduced -270 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 122.1k $5.5m | Reduced -35.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 117.4k $5.3m | Added +6.5k |
| EXCHANGE TRADED CONCEPTS, LLC 0.10% of their portfolio | 113.5k $5.2m | Added +9.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 113.3k $5.1m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 108.9k $4.9m | Reduced -13.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 94.5k $4.3m | Reduced -55.5k |
| Swiss National Bank 0.00% of their portfolio | 93.3k $4.2m | Added +800 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 92.8k $4.2m | Reduced -924 |
| CoreCommodity Management, LLC 0.81% of their portfolio | 91.9k $4.2m | Added +19.0k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 91.2k $4.1m | Reduced -12.4k |
| South Dakota Investment Council 0.08% of their portfolio | 90.5k $4.1m | Reduced -42.4k |
| Global IMC LLC 0.71% of their portfolio | 87.7k $4.0m | Added +57 |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 87.1k $4.0m | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 82.2k $3.7m | Reduced -151.4k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 76.4k $3.5m | Reduced -45.6k |
| Empowered Funds, LLC 0.05% of their portfolio | 73.1k $3.3m | New |
| Moran Wealth Management, LLC 0.11% of their portfolio | 72.8k $3.3m | Added +67.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 72.8k $3.3m | Reduced -13.9k |
| Legal & General Group Plc 0.00% of their portfolio | 70.9k $3.2m | Added +1.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 69.8k $3.2m | Reduced -18.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 68.1k $3.5m | Added +3.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 65.6k $3.0m | Added +29.5k |
| Engineers Gate Manager LP 0.05% of their portfolio | 65.6k $3.0m | Reduced -18.2k |
| Walnut Level Capital LLC 1.62% of their portfolio | 65.0k $3.0m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 64.2k $2.9m | Reduced -151.0k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 63.5k $2.9m | Reduced -29.6k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 63.0k $2.9m | Added +1.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 62.4k $2.8m | Added +50.4k |
| STRS OHIO 0.01% of their portfolio | 61.0k $2.8m | Reduced -4.6k |
| NorthCoast Asset Management LLC 0.01% of their portfolio | 60.0k $2.7m | Reduced -1.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 58.7k $2.7m | First filing |
| Illinois Municipal Retirement Fund 0.04% of their portfolio | 58.3k $2.6m | Added +13.5k |
| Neo Ivy Capital Management 0.52% of their portfolio | 57.4k $2.6m | Added +36.5k |
| Wolf Group Capital Advisors 0.59% of their portfolio | 57.1k $1.2m | Unchanged |
| Tidal Investments LLC 0.02% of their portfolio | 56.8k $2.6m | Added +13.0k |
| Alaska Permanent Fund Corp 0.04% of their portfolio | 56.2k $2.5m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 56.0k $2.5m | Added +898 |
| Monument Capital Management 0.70% of their portfolio | 55.7k $2.5m | Added +2.3k |
| FMR LLC 0.00% of their portfolio | 54.9k $2.5m | Added +1.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 54.5k $2.5m | New |
| Informed Momentum Co LLC 0.35% of their portfolio | 53.8k $2.4m | Reduced -15.6k |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 52.0k $2.4m | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 51.8k $2.4m | Unchanged |
| LGT Fund Management Co Ltd. 0.20% of their portfolio | 50.7k $2.3m | New |
| Retirement Systems of Alabama 0.01% of their portfolio | 49.0k $2.2m | Added +47 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 47.7k $2.2m | Reduced -74.5k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 47.4k $2.2m | Reduced -386.5k |
| Aquatic Capital Management LLC 0.06% of their portfolio | 46.9k $2.1m | Added +38.8k |
| Summit Global Investments 0.13% of their portfolio | 46.3k $2.1m | Reduced -27.3k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 45.7k $2.1m | Reduced -2.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 43.9k $2.0m | Reduced -506 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 43.3k $2.0m | Unchanged |