Joy Global Inc
JOY
JOY was delisted on the 5th of April, 2017.
239 hedge funds and large institutions have $2.46B invested in Joy Global Inc in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 63 increasing their positions, 90 reducing their positions, and 61 closing their positions.
13% more capital invested
Capital invested by funds: $2.17B → $2.46B (+$290M)
4% less funds holding
Funds holding: 249 → 239 (-10)
15% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 61
30% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 90
49% less call options, than puts
Call options by funds: $28.4M | Put options by funds: $55.6M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$103M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$51.8M |
| 3 |
Citigroup
New York
|
+$50.8M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$38.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$228M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$56.2M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$53.3M |
| 4 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$48.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$36.3M |
JOY Hedge Fund Activity: Q3 2016 in Review
239 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Joy Global Inc (JOY) for Q3 2016, worth a combined $2.46B — up 13% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of JOY and 52 opened new positions — a net loss of 9 holders — while 90 trimmed existing stakes and 63 added.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $103M. The largest seller was Artisan Partners, exiting entirely with an estimated $228M sold.
- 239 institutional investors held Joy Global Inc (JOY) as of Q3 2016, down from 249 in Q2 2016.
- Funds reported $2.46B of Joy Global Inc stock for Q3 2016, up 13% quarter-over-quarter.
- 52 funds opened new Joy Global Inc positions in Q3 2016 and 61 closed out, a net change of -9 holders.
- The largest Joy Global Inc buyer in Q3 2016 was Magnetar Financial, an estimated $103M added.
- The largest Joy Global Inc seller in Q3 2016 was Artisan Partners, an estimated $228M sold.
Based on aggregated 13F filings for Q3 2016.