Joy Global Inc
JOY
JOY was delisted on the 5th of April, 2017.
218 hedge funds and large institutions have $2.36B invested in Joy Global Inc in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 80 reducing their positions, and 38 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 80
4% less capital invested
Capital invested by funds: $2.46B → $2.36B (-$93.2M)
9% less funds holding
Funds holding: 239 → 218 (-21)
42% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 38
70% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $58.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$46M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$44.6M |
| 3 |
CI
Cowen Inc
New York
|
+$41.3M |
| 4 |
WIC
Water Island Capital
New York
|
+$35M |
| 5 |
Morgan Stanley
New York
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$108M |
| 2 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$91.7M |
| 3 |
Bank of New York Mellon
New York
|
-$25.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$23.9M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$22.7M |
JOY Hedge Fund Activity: Q4 2016 in Review
218 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Joy Global Inc (JOY) for Q4 2016, worth a combined $2.36B — down 3.8% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of JOY and 22 opened new positions — a net loss of 16 holders — while 80 trimmed existing stakes and 77 added.
The largest buyer was Citigroup, adding an estimated $46M. The largest seller was Magnetar Financial, exiting entirely with an estimated $108M sold.
- 218 institutional investors held Joy Global Inc (JOY) as of Q4 2016, down from 239 in Q3 2016.
- Funds reported $2.36B of Joy Global Inc stock for Q4 2016, down 3.8% quarter-over-quarter.
- 22 funds opened new Joy Global Inc positions in Q4 2016 and 38 closed out, a net change of -16 holders.
- The largest Joy Global Inc buyer in Q4 2016 was Citigroup, an estimated $46M added.
- The largest Joy Global Inc seller in Q4 2016 was Magnetar Financial, an estimated $108M sold.
Based on aggregated 13F filings for Q4 2016.