St. Joe Company
186 hedge funds and large institutions have $2.19B invested in St. Joe Company in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 60 increasing their positions, 67 reducing their positions, and 19 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more capital invested
Capital invested by funds: $1.94B → $2.19B (+$259M)
2.01% more ownership
Funds ownership: 88.42% → 90.42% (+2%)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 188 → 186 (-2)
10% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 67
14% less call options, than puts
Call options by funds: $4.03M | Put options by funds: $4.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$26.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.31M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.49M |
| 4 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$2.36M |
| 5 |
Morgan Stanley
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$6.29M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
-$4.29M |
| 3 |
PCM
Praetorian Capital Management
Coral Gables,
Florida
|
-$3.96M |
| 4 |
Goldman Sachs
New York
|
-$3.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.61M |
JOE Hedge Fund Activity: Q1 2023 in Review
186 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in St. Joe Company (JOE) for Q1 2023, worth a combined $2.19B — up 13% from $1.94B a quarter earlier.
Fund positioning in JOE was balanced in Q1 2023: 19 funds opened new positions, 19 closed out, 60 added to existing stakes and 67 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $26.8M. The largest seller was Fairholme Capital Management, cutting an estimated $6.29M.
- 186 institutional investors held St. Joe Company (JOE) as of Q1 2023, down from 188 in Q4 2022.
- Funds reported $2.19B of St. Joe Company stock for Q1 2023, up 13% quarter-over-quarter.
- 19 funds opened new St. Joe Company positions in Q1 2023 and 19 closed out, a net change of 0 holders.
- The largest St. Joe Company buyer in Q1 2023 was Select Equity Group, an estimated $26.8M added.
- The largest St. Joe Company seller in Q1 2023 was Fairholme Capital Management, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2023.