JOANN, Inc. Common Stock
JOAN
JOAN was delisted on the 27th of March, 2024.
39 hedge funds and large institutions have $29.1M invested in JOANN, Inc. Common Stock in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 20 closing their positions.
103% more call options, than puts
Call options by funds: $63K | Put options by funds: $31K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less funds holding
Funds holding: 51 → 39 (-12)
50% less capital invested
Capital invested by funds: $58.6M → $29.1M (-$29.5M)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.95M |
| 2 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
+$678K |
| 3 |
Millennium Management
New York
|
+$361K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$316K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$4.34M |
| 2 |
RA
Royce & Associates
New York
|
-$3.86M |
| 3 |
BlackRock
New York
|
-$857K |
| 4 |
State Street
Boston,
Massachusetts
|
-$279K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| – | -$8.46K | -5,321 | Closed |
|
52
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$6.52K | -4,099 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6.05K | -4,086 | -92% |
|
|
AB
54
Amalgamated Bank
New York
| – | -$2K | -1,163 | Closed |
|
55
Legal & General Group
London,
United Kingdom
| – | -$1.47K | -924 | Closed |
|
|
AIP
56
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$1.45K | -910 | Closed |
|
|
EI
57
Ellevest Inc
New York
| – | -$16 | -10 | Closed |
|
JOAN Hedge Fund Activity: Q2 2023 in Review
39 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in JOANN, Inc. Common Stock (JOAN) for Q2 2023, worth a combined $29.1M — down 50% from $58.6M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JOAN and 9 opened new positions — a net loss of 11 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.95M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $4.34M sold.
- 39 institutional investors held JOANN, Inc. Common Stock (JOAN) as of Q2 2023, down from 51 in Q1 2023.
- Funds reported $29.1M of JOANN, Inc. Common Stock stock for Q2 2023, down 50% quarter-over-quarter.
- 9 funds opened new JOANN, Inc. Common Stock positions in Q2 2023 and 20 closed out, a net change of -11 holders.
- The largest JOANN, Inc. Common Stock buyer in Q2 2023 was JP Morgan Chase, an estimated $2.95M added.
- The largest JOANN, Inc. Common Stock seller in Q2 2023 was Capital Research Global Investors, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2023.