St. Joe Company
125 hedge funds and large institutions have $1.13B invested in St. Joe Company in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
15% more funds holding
Funds holding: 109 → 125 (+16)
6.1% more ownership
Funds ownership: 88.52% → 94.63% (+6.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $1.18B → $1.13B (-$42.9M)
94% less call options, than puts
Call options by funds: $69K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$16.6M |
| 2 |
Millennium Management
New York
|
+$7.69M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.03M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.97M |
| 5 |
Two Sigma Investments
New York
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$38.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.06M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.72M |
| 4 |
JP Morgan Chase
New York
|
-$1.62M |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
SG Americas Securities
New York
| – | -$356K | -18,910 | Closed |
|
|
EMG
127
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$296K | -15,700 | Closed |
|
|
KS
128
Karpas Strategies
Litchfield,
Connecticut
| – | -$253K | -13,400 | Closed |
|
129
Capstone Investment Advisors
New York
| – | -$240K | -12,773 | Closed |
|
|
VF
130
Virtu Financial
New York
| – | -$214K | -11,347 | Closed |
|
131
Verition Fund Management
Greenwich,
Connecticut
| – | -$192K | -10,166 | Closed |
|
|
MFW
132
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$1K | -40 | Closed |
|
|
GI
133
Gradient Investments
Arden Hills,
Minnesota
| – | +$56 | +3 | New |
|
|
STA
134
Summit Trail Advisors
New York
| – | +$185 | +10 | New |
|
JOE Hedge Fund Activity: Q4 2017 in Review
125 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in St. Joe Company (JOE) for Q4 2017, worth a combined $1.13B — down 3.6% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new JOE positions and 10 closed out — a net gain of 16 holders — while 38 added to existing stakes and 30 trimmed.
The largest buyer was Fairholme Capital Management, adding an estimated $16.6M. The largest seller was BlackRock, cutting an estimated $38.3M.
- 125 institutional investors held St. Joe Company (JOE) as of Q4 2017, up from 109 in Q3 2017.
- Funds reported $1.13B of St. Joe Company stock for Q4 2017, down 3.6% quarter-over-quarter.
- 26 funds opened new St. Joe Company positions in Q4 2017 and 10 closed out, a net change of +16 holders.
- The largest St. Joe Company buyer in Q4 2017 was Fairholme Capital Management, an estimated $16.6M added.
- The largest St. Joe Company seller in Q4 2017 was BlackRock, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2017.