The Joint Corp
JYNT
92 hedge funds and large institutions have $115M invested in The Joint Corp in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 16 closing their positions.
211% more call options, than puts
Call options by funds: $2.77M | Put options by funds: $891K
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
3.22% more ownership
Funds ownership: 73.37% → 76.58% (+3.2%)
4% less funds holding
Funds holding: 96 → 92 (-4)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
30% less capital invested
Capital invested by funds: $164M → $115M (-$48.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.22M |
| 2 |
BP
Bandera Partners
New York
|
+$4.48M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.16M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$2.1M |
| 5 |
AIC
AWM Investment Company
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$10.2M |
| 2 |
Morgan Stanley
New York
|
-$1.28M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$1.06M |
| 4 |
Millennium Management
New York
|
-$1.06M |
| 5 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$802K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
101
HRT Financial
New York
| – | -$219K | -13,584 | Closed |
|
|
LI
102
Leap Investments
Chicago,
Illinois
| – | -$196K | -12,151 | Closed |
|
|
PTC
103
Petrus Trust Company
Dallas,
Texas
| – | -$172K | -10,654 | Closed |
|
|
GIP
104
Granite Investment Partners
El Segundo,
California
| – | -$170K | -10,505 | Closed |
|
105
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$78K | -4,833 | Closed |
|
|
DWA
106
Dorsey Wright & Associates
Pasadena,
California
| – | -$11K | -668 | Closed |
|
JYNT Hedge Fund Activity: Q1 2020 in Review
92 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in The Joint Corp (JYNT) for Q1 2020, worth a combined $115M — down 30% from $164M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JYNT and 13 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 35 added.
The largest buyer was Goldman Sachs, adding an estimated $5.22M. The largest seller was Sanders Morris Harris, exiting entirely with an estimated $10.2M sold.
- 92 institutional investors held The Joint Corp (JYNT) as of Q1 2020, down from 96 in Q4 2019.
- Funds reported $115M of The Joint Corp stock for Q1 2020, down 30% quarter-over-quarter.
- 13 funds opened new The Joint Corp positions in Q1 2020 and 16 closed out, a net change of -3 holders.
- The largest The Joint Corp buyer in Q1 2020 was Goldman Sachs, an estimated $5.22M added.
- The largest The Joint Corp seller in Q1 2020 was Sanders Morris Harris, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2020.