JOFF Fintech Acquisition Corp. Unit
JOFFU
JOFFU was delisted on the 14th of December, 2022.
26 hedge funds and large institutions have $18.7M invested in JOFF Fintech Acquisition Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 10 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
21% less capital invested
Capital invested by funds: $23.6M → $18.7M (-$4.93M)
26% less funds holding
Funds holding: 35 → 26 (-9)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$691K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$83K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$56K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$23.2K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$983K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$983K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$819K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$705K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Calamos Advisors
Naperville,
Illinois
| – | -$983K | -100,000 | Closed |
|
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$983K | -100,000 | Closed |
|
|
28
Janus Henderson Group
London,
United Kingdom
| – | -$705K | -71,806 | Closed |
|
|
CSS
29
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$647K | -66,058 | Closed |
|
|
E
30
Ergoteles
New York
| – | -$201K | -20,400 | Closed |
|
|
SMC
31
Smith, Moore & Co
Clayton,
Missouri
| – | -$176K | -18,000 | Closed |
|
|
CCM
32
Corsair Capital Management
New York
| – | -$147K | -14,980 | Closed |
|
|
FIA
33
FNY Investment Advisers
New York
| – | -$78K | -8,000 | Closed |
|
|
CS
34
Clear Street
New York
| – | -$2K | -200 | Closed |
|
JOFFU Hedge Fund Activity: Q3 2022 in Review
26 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in JOFF Fintech Acquisition Corp. Unit (JOFFU) for Q3 2022, worth a combined $18.7M — down 21% from $23.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JOFFU and 1 opened new positions — a net loss of 9 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Longfellow Investment Management, adding an estimated $691K. The largest seller was Susquehanna International Group, cutting an estimated $1.12M.
- 26 institutional investors held JOFF Fintech Acquisition Corp. Unit (JOFFU) as of Q3 2022, down from 35 in Q2 2022.
- Funds reported $18.7M of JOFF Fintech Acquisition Corp. Unit stock for Q3 2022, down 21% quarter-over-quarter.
- 1 fund opened new JOFF Fintech Acquisition Corp. Unit positions in Q3 2022 and 10 closed out, a net change of -9 holders.
- The largest JOFF Fintech Acquisition Corp. Unit buyer in Q3 2022 was Longfellow Investment Management, an estimated $691K added.
- The largest JOFF Fintech Acquisition Corp. Unit seller in Q3 2022 was Susquehanna International Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q3 2022.