Who Owns Papa Johns?
Updated onExplore the ownership hierarchy of Papa Johns. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Papa Johns
Papa Johns is a publicly traded American pizza delivery and carryout restaurant chain serving consumers worldwide.
Starts at $6.99 / menu item
Papa Johns appears to be independent with no known parent company.
Papa Johns
Papa Johns is a publicly traded American pizza delivery and carryout restaurant chain serving consumers worldwide.
Starts at $6.99 / menu item
Papa Johns appears to be independent with no known parent company.
Major Shareholders
Papa Johns
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
BlackRock, Inc. Largest institutional shareholder. Q3 2025 holdings data show about 4.66M shares (~14.23% of Papa Johns common stock) held across BlackRock-managed funds as of September 30, 2025; a Schedule 13G/A filed July 17, 2025 reported 4,702,444 shares (~14.4%) as of June 30, 2025, consistent with this level. | Institutional | 14.2% | 14.2% | Sep 2025 |
The Vanguard Group, Inc. Index fund manager and second‑largest holder. Q3 2025 disclosure shows roughly 3.63M shares (~11.08%) owned via Vanguard index and active funds. | Institutional | 11.1% | 11.1% | Sep 2025 |
T. Rowe Price Group, Inc. Active asset manager. Ownership data updated March 28, 2025 indicate T. Rowe Price funds held about 2.98M shares, approximately 9.13% of shares outstanding at that time. | Institutional | 9.1% | 9.1% | Mar 2025 |
Irth Capital Management LP Qatari‑backed investment fund that has explored a potential take‑private bid for Papa Johns. Q3 2025 holdings data show about 1.63M shares (~4.97%), just below the 5% SEC reporting threshold. | Institutional | 5.0% | 5.0% | Sep 2025 |
EARNEST Partners, LLC Value‑oriented institutional manager. Q3 2025 ownership tables report about 1.63M shares (~4.97%); a Schedule 13G/A filed May 15, 2025 had previously disclosed 1,538,853 shares (~4.7%) as of March 31, 2025. | Institutional | 5.0% | 5.0% | Sep 2025 |
DePrince, Race & Zollo, Inc. Institutional value manager. Q3 2025 data show ownership of roughly 1.62M shares, equating to about 4.93% of Papa Johns. | Institutional | 4.9% | 4.9% | Sep 2025 |
Managed Account Advisors LLC (Bank of America affiliate) Wealth‑management arm associated with Bank of America. Q3 2025 reports indicate holdings of about 1.38M shares (~4.20%) in client accounts. MarketScreener separately shows a similar 5.08% stake reported under Merrill Lynch International, a related Bank of America entity. | Institutional | 4.2% | 4.2% | Sep 2025 |
State Street Global Advisors, Inc. Large index and ETF manager. Q3 2025 filings show approximately 1.26M shares (~3.84%) held across State Street‑managed funds. | Institutional | 3.8% | 3.8% | Sep 2025 |
Segall Bryant & Hamill, LLC U.S. investment management firm. Q3 2025 ownership data list about 1.17M shares (~3.58%) of Papa Johns stock. | Institutional | 3.6% | 3.6% | Sep 2025 |
Arrowstreet Capital, Limited Partnership Quantitative hedge fund manager. Q3 2025 disclosures report roughly 1.11M shares, corresponding to about 3.38% ownership. | Institutional | 3.4% | 3.4% | Sep 2025 |
Irenic Capital Management LP Event‑driven/activist investment firm. Q3 2025 filings show about 1.07M shares (~3.27%), making Irenic one of the larger active shareholders. | Institutional | 3.3% | 3.3% | Sep 2025 |
John H. Schnatter Company founder and former CEO/chairman. A Schedule 13D/A filed March 30, 2020 reported ownership of 1,276,999 shares, or about 3.96% of Papa Johns common stock as of March 24, 2020, at which point his stake fell below 5% and his 13D reporting obligation terminated; more recent precise holdings are not publicly disclosed but are believed to remain below the 5% threshold. | Founder | 4.0% | 4.0% | Mar 2020 |
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