JOANN, Inc. Common Stock
JOAN
JOAN was delisted on the 27th of March, 2024.
64 hedge funds and large institutions have $300M invested in JOANN, Inc. Common Stock in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
12% less funds holding
Funds holding: 73 → 64 (-9)
31% less call options, than puts
Call options by funds: $8.59M | Put options by funds: $12.5M
33% less capital invested
Capital invested by funds: $447M → $300M (-$147M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$8.73M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$2.55M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
| 4 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$868K |
| 5 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.53M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$4.77M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$3.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$996K |
| 5 |
CM
CastleKnight Management
New York
|
-$921K |
JOAN Hedge Fund Activity: Q2 2022 in Review
64 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in JOANN, Inc. Common Stock (JOAN) for Q2 2022, worth a combined $300M — down 33% from $447M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JOAN and 9 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 20 added.
The largest buyer was Royce & Associates, adding an estimated $8.73M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $8.53M sold.
- 64 institutional investors held JOANN, Inc. Common Stock (JOAN) as of Q2 2022, down from 73 in Q1 2022.
- Funds reported $300M of JOANN, Inc. Common Stock stock for Q2 2022, down 33% quarter-over-quarter.
- 9 funds opened new JOANN, Inc. Common Stock positions in Q2 2022 and 16 closed out, a net change of -7 holders.
- The largest JOANN, Inc. Common Stock buyer in Q2 2022 was Royce & Associates, an estimated $8.73M added.
- The largest JOANN, Inc. Common Stock seller in Q2 2022 was Lord, Abbett & Co, an estimated $8.53M sold.
Based on aggregated 13F filings for Q2 2022.