Assetmark Inc. Increases Stake in Pilgrim's Pride Corporation

Institutional investor boosts ownership in major poultry producer

Apr. 15, 2026 at 7:14am

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A high-contrast black and white close-up of the intricate machinery in a poultry processing plant, conveying the industrial scale and efficiency of Pilgrim's Pride's operations.Pilgrim's Pride's vertically integrated operations, from breeding to processing, underpin the poultry producer's market dominance.Pittsburg Today

Assetmark Inc., an investment management firm, increased its position in Pilgrim's Pride Corporation (NASDAQ:PPC) by 6.3% during the fourth quarter, according to a recent SEC filing. The firm now owns 1,199,324 shares of the poultry producer's stock, worth approximately $46.8 million.

Why it matters

Pilgrim's Pride is one of the largest poultry producers in the United States and Mexico, and institutional investor activity in the stock can signal broader market sentiment around the company and the industry. Assetmark's increased stake suggests confidence in Pilgrim's long-term prospects.

The details

According to the filing, Assetmark purchased an additional 70,559 shares of Pilgrim's Pride during the fourth quarter, bringing its total ownership to about 0.5% of the company's outstanding stock. Several other major institutional investors, including Royal Bank of Canada, MIRAE ASSET GLOBAL ETFS HOLDINGS, and Millennium Management, also hold significant positions in Pilgrim's Pride.

  • Assetmark increased its Pilgrim's Pride stake during the fourth quarter of 2025.
  • Pilgrim's Pride is headquartered in Greeley, Colorado and Pittsburg, Texas.

The players

Assetmark Inc.

An investment management firm that raised its position in Pilgrim's Pride Corporation.

Pilgrim's Pride Corporation

A leading poultry producer in the United States and Mexico, and a wholly owned subsidiary of JBS SA.

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The takeaway

Assetmark's increased stake in Pilgrim's Pride suggests institutional confidence in the poultry producer's long-term growth potential, even as the industry faces headwinds like rising feed costs and regulatory scrutiny.