The Joint Corp
JYNT
96 hedge funds and large institutions have $164M invested in The Joint Corp in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 16 closing their positions.
193% more call options, than puts
Call options by funds: $3.1M | Put options by funds: $1.06M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
6.06% more ownership
Funds ownership: 67.31% → 73.37% (+6.1%)
5% more funds holding
Funds holding: 91 → 96 (+5)
6% less capital invested
Capital invested by funds: $173M → $164M (-$9.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$11.7M |
| 2 |
Millennium Management
New York
|
+$2.89M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$2.69M |
| 4 |
BP
Bandera Partners
New York
|
+$2.61M |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$3.98M |
| 2 |
Goldman Sachs
New York
|
-$3.44M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.05M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.8M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.71M |
JYNT Hedge Fund Activity: Q4 2019 in Review
96 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in The Joint Corp (JYNT) for Q4 2019, worth a combined $164M — down 5.7% from $173M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JYNT positions and 16 closed out — a net gain of 5 holders — while 37 added to existing stakes and 27 trimmed.
The largest buyer was Sanders Morris Harris, opening a new position worth an estimated $11.7M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $3.98M sold.
- 96 institutional investors held The Joint Corp (JYNT) as of Q4 2019, up from 91 in Q3 2019.
- Funds reported $164M of The Joint Corp stock for Q4 2019, down 5.7% quarter-over-quarter.
- 21 funds opened new The Joint Corp positions in Q4 2019 and 16 closed out, a net change of +5 holders.
- The largest The Joint Corp buyer in Q4 2019 was Sanders Morris Harris, an estimated $11.7M added.
- The largest The Joint Corp seller in Q4 2019 was Granahan Investment Management, an estimated $3.98M sold.
Based on aggregated 13F filings for Q4 2019.