Managed Account Advisors LLC filed an amended Schedule 13G with the SEC on November 13, 2026, disclosing a beneficial ownership position of approximately 5.5% of Papa Johns International Inc common stock as of September 30, 2026.

Key Highlights

  • Total beneficial ownership: Managed Account Advisors LLC reported aggregate beneficial ownership of 1,822,095 shares of Papa Johns International Inc common stock.
  • Percent of class: The 1,822,095 shares represent 5.5% of the outstanding common stock, based on 32,940,000 shares outstanding as of September 27, 2026.
  • Dispositive power breakdown: The firm reported sole dispositive power over 1,752,120 shares and shared dispositive power over 69,975 shares.
  • Voting power: According to the filing, Managed Account Advisors LLC holds zero sole or shared voting power over any of the reported shares.
  • Triggering event date: The date of the event requiring this filing was September 30, 2026.
  • Filer classification: Managed Account Advisors LLC is identified as an investment adviser, organized in Delaware, with offices at 101 Hudson Street, 9th Floor, Jersey City, NJ 07302.

Managed Account Advisors Crosses 5% Threshold in Papa Johns Common Stock

Papa Johns International Inc, the Louisville, Kentucky-based pizza franchise company whose common stock trades on NASDAQ:PZZA, was the subject of this amended beneficial ownership disclosure. Managed Account Advisors LLC, a Delaware-organized investment adviser, filed Amendment No. 1 to its Schedule 13G to report its position as of September 30, 2026. The filing indicates the shares were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of changing or influencing control of the issuer, according to the certification included in the document.

The filing states that the percent-of-class calculation relies on 32,940,000 outstanding shares disclosed by Papa Johns in its Form 10-Q filed November 5, 2026, which reported share totals as of September 27, 2026. Of the 1,822,095 shares reported as beneficially owned, the adviser holds sole dispositive authority over 1,752,120 shares and shares dispositive authority over the remaining 69,975 shares. The firm reported no voting power, either sole or shared, over any portion of the position. The filing was signed by Monica Yako as Authorized Signatory on behalf of Managed Account Advisors LLC.

What Was Disclosed

Managed Account Advisors LLC disclosed in an amended Schedule 13G that it beneficially owns 1,822,095 shares, or 5.5%, of Papa Johns International Inc common stock as of September 30, 2026, with dispositive but no voting power over the position.