J. Alexander's Holdings, Inc.
JAX
JAX was delisted on the 29th of September, 2021.
98 hedge funds and large institutions have $104M invested in J. Alexander's Holdings, Inc. in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 12 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
5% less capital invested
Capital invested by funds: $110M → $104M (-$5.43M)
13% less funds holding
Funds holding: 112 → 98 (-14)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$2.15M |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.63M |
| 4 |
BGC
Birch Grove Capital
New York
|
+$918K |
| 5 |
MPEM
Marathon Partners Equity Management
New York
|
+$603K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$755K |
| 2 |
MVM
McClain Value Management
New Canaan,
Connecticut
|
-$620K |
| 3 |
SIM
Spark Investment Management
New York
|
-$366K |
| 4 |
Morgan Stanley
New York
|
-$250K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$235K |
JAX Hedge Fund Activity: Q1 2017 in Review
98 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in J. Alexander's Holdings, Inc. (JAX) for Q1 2017, worth a combined $104M — down 5% from $110M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of JAX and 5 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 27 added.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Norges Bank, exiting entirely with an estimated $755K sold.
- 98 institutional investors held J. Alexander's Holdings, Inc. (JAX) as of Q1 2017, down from 112 in Q4 2016.
- Funds reported $104M of J. Alexander's Holdings, Inc. stock for Q1 2017, down 5% quarter-over-quarter.
- 5 funds opened new J. Alexander's Holdings, Inc. positions in Q1 2017 and 12 closed out, a net change of -7 holders.
- The largest J. Alexander's Holdings, Inc. buyer in Q1 2017 was BlackRock, an estimated $13M added.
- The largest J. Alexander's Holdings, Inc. seller in Q1 2017 was Norges Bank, an estimated $755K sold.
Based on aggregated 13F filings for Q1 2017.