JOANN, Inc. Common Stock
JOAN
JOAN was delisted on the 27th of March, 2024.
73 hedge funds and large institutions have $447M invested in JOANN, Inc. Common Stock in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 20 closing their positions.
11% more capital invested
Capital invested by funds: $403M → $447M (+$44.2M)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0% less call options, than puts
Call options by funds: $8.89M | Put options by funds: $8.92M
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
3% less funds holding
Funds holding: 75 → 73 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$10.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.3M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$4.35M |
| 4 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$3.46M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$3.65M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.5M |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$3.07M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$2.08M |
| 5 |
Jane Street
New York
|
-$1.51M |
JOAN Hedge Fund Activity: Q1 2022 in Review
73 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in JOANN, Inc. Common Stock (JOAN) for Q1 2022, worth a combined $447M — up 11% from $403M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JOAN and 19 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 22 added.
The largest buyer was Royce & Associates, adding an estimated $10.5M. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $3.65M sold.
- 73 institutional investors held JOANN, Inc. Common Stock (JOAN) as of Q1 2022, down from 75 in Q4 2021.
- Funds reported $447M of JOANN, Inc. Common Stock stock for Q1 2022, up 11% quarter-over-quarter.
- 19 funds opened new JOANN, Inc. Common Stock positions in Q1 2022 and 20 closed out, a net change of -1 holder.
- The largest JOANN, Inc. Common Stock buyer in Q1 2022 was Royce & Associates, an estimated $10.5M added.
- The largest JOANN, Inc. Common Stock seller in Q1 2022 was Invenomic Capital Management, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2022.