JOANN, Inc. Common Stock
JOAN
JOAN was delisted on the 27th of March, 2024.
74 hedge funds and large institutions have $432M invested in JOANN, Inc. Common Stock in 2021 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 7 reducing their positions, and 26 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 7
27% more call options, than puts
Call options by funds: $4.98M | Put options by funds: $3.92M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 82 → 74 (-8)
28% less capital invested
Capital invested by funds: $603M → $432M (-$171M)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.5M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$5.42M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$4.46M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.83M |
| 5 |
RA
Royce & Associates
New York
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$18.8M |
| 2 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$4.83M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$3.78M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.12M |
| 5 |
Renaissance Technologies
New York
|
-$2.92M |
JOAN Hedge Fund Activity: Q3 2021 in Review
74 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in JOANN, Inc. Common Stock (JOAN) for Q3 2021, worth a combined $432M — down 28% from $603M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of JOAN and 18 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 35 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $14.5M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $18.8M sold.
- 74 institutional investors held JOANN, Inc. Common Stock (JOAN) as of Q3 2021, down from 82 in Q2 2021.
- Funds reported $432M of JOANN, Inc. Common Stock stock for Q3 2021, down 28% quarter-over-quarter.
- 18 funds opened new JOANN, Inc. Common Stock positions in Q3 2021 and 26 closed out, a net change of -8 holders.
- The largest JOANN, Inc. Common Stock buyer in Q3 2021 was Lord, Abbett & Co, an estimated $14.5M added.
- The largest JOANN, Inc. Common Stock seller in Q3 2021 was Hood River Capital Management, an estimated $18.8M sold.
Based on aggregated 13F filings for Q3 2021.