SCHEDULE 13G/A: Managed Account Advisors LLC Amends Stake in Papa Johns International, Reports 4.9% Beneficial Ownership

Managed Account Advisors LLC has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership stake in Papa Johns International Inc. as of December 31, 2024.

Summary

• Managed Account Advisors LLC filed an Amendment No. 2 to Schedule 13G for Papa Johns International Inc. (CUSIP 698813102).
• The filing reports beneficial ownership of 1,596,859 shares of Common Stock.
• This aggregate amount represents 4.9% of the class of securities.
• Managed Account Advisors LLC holds sole dispositive power over 1,549,127 shares and shared dispositive power over 47,732 shares, with no voting power.
• The reporting person, Managed Account Advisors LLC, is classified as an investment adviser.
• The amendment was filed as a restatement of the original Schedule 13G filed on February 13, 2025, to add previously omitted selections regarding group membership and the type of person filing.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership disclosure (Schedule 13G) and does not contain information that would typically indicate positive or negative sentiment regarding the company's performance or outlook. It is a factual report of an investment adviser's stake.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of institutional ownership and does not provide specific insights into broader industry trends or competitive positioning beyond the fact that an investment adviser holds a stake in Papa Johns International Inc.

Stakeholder Impact

• Shareholders: Provides transparency on institutional ownership, confirming a significant but passive stake held by Managed Account Advisors LLC.

Key Dates

Keywords

Papa Johns International Inc., PZZA, Managed Account Advisors LLC, Schedule 13G, beneficial ownership, SEC filing, investment adviser, common stock, ownership stake