iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038

JO

Market cap $155M

JO Hedge Fund Activity: Q3 2016 in Review

27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 (JO) for Q3 2016, worth a combined $38.5M — up 41% from $27.2M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of JO and 8 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.

The largest buyer was Jane Street, adding an estimated $3.78M. The largest seller was Simplex Trading, exiting entirely with an estimated $2.38M sold.

• 27 institutional investors held iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 (JO) as of Q3 2016, down from 28 in Q2 2016.
• Funds reported $38.5M of iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 stock for Q3 2016, up 41% quarter-over-quarter.
• 8 funds opened new iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 positions in Q3 2016 and 9 closed out, a net change of -1 holder.
• The largest iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 buyer in Q3 2016 was Jane Street, an estimated $3.78M added.
• The largest iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 seller in Q3 2016 was Simplex Trading, an estimated $2.38M sold.

Based on aggregated 13F filings for Q3 2016.