JOFF Fintech Acquisition Corp. Unit
JOFFU
JOFFU was delisted on the 14th of December, 2022.
53 hedge funds and large institutions have $86M invested in JOFF Fintech Acquisition Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 38 closing their positions.
38% less funds holding
Funds holding: 86 → 53 (-33)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
68% less capital invested
Capital invested by funds: $265M → $86M (-$179M)
87% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 38
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$3.43M |
| 2 |
VF
Virtu Financial
New York
|
+$425K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$241K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$172K |
| 5 |
Walleye Capital
New York
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11.7M |
| 2 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$11M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$10.8M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$10.5M |
| 5 |
Millennium Management
New York
|
-$8.37M |
JOFFU Hedge Fund Activity: Q2 2021 in Review
53 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in JOFF Fintech Acquisition Corp. Unit (JOFFU) for Q2 2021, worth a combined $86M — down 68% from $265M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of JOFFU and 5 opened new positions — a net loss of 33 holders — while 21 trimmed existing stakes and 10 added.
The largest buyer was Senvest Management, opening a new position worth an estimated $3.43M. The largest seller was Bank of Montreal, exiting entirely with an estimated $11.7M sold.
- 53 institutional investors held JOFF Fintech Acquisition Corp. Unit (JOFFU) as of Q2 2021, down from 86 in Q1 2021.
- Funds reported $86M of JOFF Fintech Acquisition Corp. Unit stock for Q2 2021, down 68% quarter-over-quarter.
- 5 funds opened new JOFF Fintech Acquisition Corp. Unit positions in Q2 2021 and 38 closed out, a net change of -33 holders.
- The largest JOFF Fintech Acquisition Corp. Unit buyer in Q2 2021 was Senvest Management, an estimated $3.43M added.
- The largest JOFF Fintech Acquisition Corp. Unit seller in Q2 2021 was Bank of Montreal, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2021.