The Joint Corp
JYNT
92 hedge funds and large institutions have $101M invested in The Joint Corp in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 21 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 26
16% more call options, than puts
Call options by funds: $229K | Put options by funds: $197K
6.72% less ownership
Funds ownership: 82.5% → 75.78% (-6.7%)
7% less funds holding
Funds holding: 99 → 92 (-7)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
39% less capital invested
Capital invested by funds: $166M → $101M (-$64.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
+$14.6M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.68M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$1.12M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.09M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$887K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$12.1M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$4.48M |
| 3 |
Millennium Management
New York
|
-$3.54M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.32M |
| 5 |
Two Sigma Investments
New York
|
-$1.41M |
JYNT Hedge Fund Activity: Q3 2023 in Review
92 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in The Joint Corp (JYNT) for Q3 2023, worth a combined $101M — down 39% from $166M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of JYNT and 14 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 38 added.
The largest buyer was Bandera Partners, adding an estimated $14.6M. The largest seller was Alta Fox Capital Management, exiting entirely with an estimated $12.1M sold.
- 92 institutional investors held The Joint Corp (JYNT) as of Q3 2023, down from 99 in Q2 2023.
- Funds reported $101M of The Joint Corp stock for Q3 2023, down 39% quarter-over-quarter.
- 14 funds opened new The Joint Corp positions in Q3 2023 and 21 closed out, a net change of -7 holders.
- The largest The Joint Corp buyer in Q3 2023 was Bandera Partners, an estimated $14.6M added.
- The largest The Joint Corp seller in Q3 2023 was Alta Fox Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2023.