JOFF Fintech Acquisition Corp. Unit
JOFFU
JOFFU was delisted on the 14th of December, 2022.
39 hedge funds and large institutions have $54.7M invested in JOFF Fintech Acquisition Corp. Unit in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 10 closing their positions.
5% less funds holding
Funds holding: 41 → 39 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
25% less capital invested
Capital invested by funds: $72.7M → $54.7M (-$18M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$2.43M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$404K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$350K |
| 4 |
Janus Henderson Group
London,
|
+$214K |
| 5 |
VF
Virtu Financial
New York
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.97M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.75M |
| 3 |
Millennium Management
New York
|
-$2.65M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.48M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$2.2M |
JOFFU Hedge Fund Activity: Q4 2021 in Review
39 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in JOFF Fintech Acquisition Corp. Unit (JOFFU) for Q4 2021, worth a combined $54.7M — down 25% from $72.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JOFFU and 8 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Longfellow Investment Management, opening a new position worth an estimated $2.43M. The largest seller was Wellington Management Group, exiting entirely with an estimated $9.97M sold.
- 39 institutional investors held JOFF Fintech Acquisition Corp. Unit (JOFFU) as of Q4 2021, down from 41 in Q3 2021.
- Funds reported $54.7M of JOFF Fintech Acquisition Corp. Unit stock for Q4 2021, down 25% quarter-over-quarter.
- 8 funds opened new JOFF Fintech Acquisition Corp. Unit positions in Q4 2021 and 10 closed out, a net change of -2 holders.
- The largest JOFF Fintech Acquisition Corp. Unit buyer in Q4 2021 was Longfellow Investment Management, an estimated $2.43M added.
- The largest JOFF Fintech Acquisition Corp. Unit seller in Q4 2021 was Wellington Management Group, an estimated $9.97M sold.
Based on aggregated 13F filings for Q4 2021.