The Joint Corp
JYNT
74 hedge funds and large institutions have $158M invested in The Joint Corp in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
41% more capital invested
Capital invested by funds: $112M → $158M (+$45.9M)
30% more funds holding
Funds holding: 57 → 74 (+17)
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
10.86% more ownership
Funds ownership: 52.12% → 62.99% (+11%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.1M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.29M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.22M |
| 4 |
Morgan Stanley
New York
|
+$2.95M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$10.2M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$4.31M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$1.19M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.11M |
| 5 |
DFAM
Deep Field Asset Management
Beverly Hills,
California
|
-$681K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TEE
76
Tibra Equities Europe
London,
United Kingdom
| – | -$370K | -23,474 | Closed |
|
|
OSAM
77
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$302K | -19,170 | Closed |
|
|
ECM
78
ExodusPoint Capital Management
New York
| – | -$282K | -17,900 | Closed |
|
|
EMG
79
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$180K | -11,400 | Closed |
|
|
PTC
80
Petrus Trust Company
Dallas,
Texas
| – | -$169K | -10,745 | Closed |
|
|
JT
81
Jump Trading
Chicago,
Illinois
| – | -$161K | -10,236 | Closed |
|
82
SEI Investments
Oaks,
Pennsylvania
| – | -$67K | -4,229 | Closed |
|
|
MWNA
83
Marshall Wace North America
New York
| – | -$47K | -2,959 | Closed |
|
|
FGAM
84
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1K | -84 | Closed |
|
|
LTFS
85
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$153 | +9 | New |
|
JYNT Hedge Fund Activity: Q2 2019 in Review
74 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in The Joint Corp (JYNT) for Q2 2019, worth a combined $158M — up 41% from $112M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new JYNT positions and 11 closed out — a net gain of 17 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $12.1M. The largest seller was Sanders Morris Harris, exiting entirely with an estimated $10.2M sold.
- 74 institutional investors held The Joint Corp (JYNT) as of Q2 2019, up from 57 in Q1 2019.
- Funds reported $158M of The Joint Corp stock for Q2 2019, up 41% quarter-over-quarter.
- 28 funds opened new The Joint Corp positions in Q2 2019 and 11 closed out, a net change of +17 holders.
- The largest The Joint Corp buyer in Q2 2019 was BlackRock, an estimated $12.1M added.
- The largest The Joint Corp seller in Q2 2019 was Sanders Morris Harris, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2019.