Joy Global Inc
JOY
JOY was delisted on the 5th of April, 2017.
188 hedge funds and large institutions have $2.39B invested in Joy Global Inc in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 67 increasing their positions, 75 reducing their positions, and 44 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
1% more capital invested
Capital invested by funds: $2.36B → $2.39B (+$21.6M)
11% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 75
14% less funds holding
Funds holding: 218 → 188 (-30)
55% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 44
65% less call options, than puts
Call options by funds: $8.88M | Put options by funds: $25.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$290M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$123M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$88.6M |
| 4 |
WIC
Water Island Capital
New York
|
+$21M |
| 5 |
AL
Airain Ltd
St. Peter Port,
Guernsey
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$47.6M |
| 2 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$39.7M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$39.1M |
| 4 |
JP Morgan Chase
New York
|
-$38.5M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$31.3M |
JOY Hedge Fund Activity: Q1 2017 in Review
188 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Joy Global Inc (JOY) for Q1 2017, worth a combined $2.39B — up 0.92% from $2.36B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of JOY and 20 opened new positions — a net loss of 24 holders — while 75 trimmed existing stakes and 67 added.
The largest buyer was BlackRock, adding an estimated $290M. The largest seller was Cowen Inc, exiting entirely with an estimated $47.6M sold.
- 188 institutional investors held Joy Global Inc (JOY) as of Q1 2017, down from 218 in Q4 2016.
- Funds reported $2.39B of Joy Global Inc stock for Q1 2017, up 0.92% quarter-over-quarter.
- 20 funds opened new Joy Global Inc positions in Q1 2017 and 44 closed out, a net change of -24 holders.
- The largest Joy Global Inc buyer in Q1 2017 was BlackRock, an estimated $290M added.
- The largest Joy Global Inc seller in Q1 2017 was Cowen Inc, an estimated $47.6M sold.
Based on aggregated 13F filings for Q1 2017.