The Joint Corp.

JYNT • NASDAQ

The Joint Corp. is a medical - care facilities company in the healthcare sector on NASDAQ, led by Sanjiv Razdan, with a market cap of $129.5M. As of Q3 2025, 75% of shares are held by 83 institutional investors, with Bandera Partners LLC as the largest holder at 25.92%.

Chief Executive OfficerSanjiv Razdan

Market Cap$129.5M

Medical - Care Facilities

Healthcare

Employees794.0

Websitethejoint.com

Country

United States of America

Overview

Overview of institutional ownership in JYNT as of Q3 2025 with a market cap of $144.9M

All Institutions

Institutions: 83
Value Held: $108.5M
Shares Held: 11.4M
Avg Position: $1.3M
Median Position: $131.7K

Hedge Funds

Hedge Funds: 7
Value Held: $61.4M
Shares Held: 6.4M
Avg Position: $8.8M
Median Position: $4.1M

Ownership Breakdown

Institutional (non-HF)

32.54%

$47.1M

Hedge Funds

42.35%

$61.4M

Retail & Other

25.12%

$36.4M

Based on market cap of $144.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in JYNT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Bandera Partners LLC Hedge Fund•Value	Jefferson Philip Gramm Managing Partner	$37.6M 16.47% of portfolio	25.92% 3.9M shares	Q2 2018 Held for 7y 5m	$228.1M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$10.0M 0.00% of portfolio	6.88% 1.0M shares	Q2 2015 Held for 10y 5m	$6.69T
B BlackRock, Inc. Institution	-	$9.0M 0.00% of portfolio	6.22% 944.2K shares	Q1 2017 Held for 8y 8m	$5.67T
Skylands Capital, LLC Hedge Fund•Multi-Strategy	Virginia Elizabeth Shaffar President	$7.9M 1.10% of portfolio	5.48% 832.3K shares	Q4 2014 Held for 10y 11m	$723.8M
JCP Investment Management, LLC Hedge Fund•Event Driven	James Christopher Pappas Managing Partner	$5.7M 3.71% of portfolio	3.91% 593.9K shares	Q2 2025 Held for 5 months	$152.6M
Topline Capital Management, LLC Hedge Fund•Long/Short	Collin Mcbirney Managing Partner	$4.1M 0.78% of portfolio	2.83% 430.5K shares	Q4 2024 Held for 11 months	$523.6M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.3M 0.00% of portfolio	2.24% 341.0K shares	Q2 2018 Held for 7y 5m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.8M 0.00% of portfolio	1.91% 289.8K shares	Q2 2019 Held for 6y 5m	$2.88T
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Patrick Connor Haley Founder	$2.8M 0.61% of portfolio	1.90% 288.4K shares	Q1 2025 Held for 8 months	$448.5M
FIRST FOUNDATION ADVISORS RIA/Wealth	John Avak Hakopian President	$2.6M 0.10% of portfolio	1.80% 273.8K shares	Q3 2023 Held for 2y 2m	$2.7B

Net Capital Flow

Institutional buying and selling activity for JYNT in Q3 2025

Traded: −$3.0M
Buyers: 28
Sellers: 44
Total Bought: +$4.3M
Total Sold: −$7.3M
Avg Position: $1.2M

Biggest Buyers

Institution	Net Bought	Current Position
JCP Investment Management, LLC Hedge Fund•Event Driven	+$1.1M +115.1K shares	$5.7M 593.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$928.0K +97.3K shares	$928.0K 97.3K shares
FIRST FOUNDATION ADVISORS RIA/Wealth	+$844.2K +88.5K shares	$2.6M 273.8K shares
Skylands Capital, LLC Hedge Fund•Multi-Strategy	+$505.5K +53.0K shares	$7.9M 832.3K shares
J JANE STREET GROUP, LLC Institution	+$215.5K +22.6K shares	$322.4K 33.8K shares
Marshall Wace LLP Institution	+$153.5K +16.1K shares	$153.5K 16.1K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$129.3K +13.6K shares	$1.1M 115.9K shares
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	+$117.1K +12.3K shares	$117.1K 12.3K shares
S SIMPLEX TRADING, LLC Institution	+$57.3K +6.0K shares	$85.6K 9.0K shares
STATE STREET CORP Institution	+$47.6K +5.0K shares	$2.8M 289.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	−$2.8M −293.5K shares	$2.8M 288.4K shares
O O'Brien Greene & Co. Inc RIA/Wealth	−$1.0M −105.0K shares	$586.3K 61.5K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$408.3K −42.8K shares	$2.4M 252.1K shares
D D. E. Shaw & Co., Inc. Institution	−$398.6K −41.8K shares	$1.6M 166.8K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$381.3K −40.0K shares	$1.4M 144.9K shares
VANGUARD GROUP INC Institution	−$334.8K −35.1K shares	$10.0M 1.0M shares
GOLDMAN SACHS GROUP INC Institution	−$304.7K −31.9K shares	$2.4M 255.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$219.4K −23.0K shares	$188.5K 19.8K shares
Topline Capital Management, LLC Hedge Fund•Long/Short	−$178.9K −18.8K shares	$4.1M 430.5K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$153.6K −13.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited JYNT in Q3 2025

New Positions: 5
New Value: $140.7K
Exited Positions: 6
Exited Value: $423.0K

New Positions

Institution	Position Value
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	$117.1K 12.3K shares
J JONES FINANCIAL COMPANIES LLLP Institution	$21.5K 2.2K shares
O Optiver Holding B.V. Institution	$1.9K 196.0 shares
JPL Wealth Management, LLC RIA/Wealth	$144.0 15.0 shares
Transamerica Financial Advisors, Inc. Institution	$134.0 14.0 shares

Exited Positions

Institution	Previous Position
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$153.6K 13.3K shares
SANDERS MORRIS HARRIS INC. Long Only Manager	$144.7K 12.5K shares
FIFTH THIRD BANCORP Institution	$115.4K 10.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$8.1K 702.0 shares
Cornerstone Planning Group LLC RIA/Wealth	$1.0K 90.0 shares
S Skopos Labs, Inc. RIA/Wealth	$116.0 10.0 shares

Options Activity

Institutions with the largest Call and Put options positions in JYNT as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 3
Put Value: $2.5M

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.7M 1.8K contracts
J JANE STREET GROUP, LLC Institution	$652.5K 684.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$105.9K 111.0 contracts

Most Committed Institutions

Institutions with JYNT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Bandera Partners LLC Hedge Fund•Value	Jefferson Philip Gramm Managing Partner	16.47% $37.6M	25.92% 3.9M shares	Q2 2018 Held for 7y 5m	$228.1M
JCP Investment Management, LLC Hedge Fund•Event Driven	James Christopher Pappas Managing Partner	3.71% $5.7M	3.91% 593.9K shares	Q2 2025 Held for 5 months	$152.6M
Skylands Capital, LLC Hedge Fund•Multi-Strategy	Virginia Elizabeth Shaffar President	1.10% $7.9M	5.48% 832.3K shares	Q4 2014 Held for 10y 11m	$723.8M
Topline Capital Management, LLC Hedge Fund•Long/Short	Collin Mcbirney Managing Partner	0.78% $4.1M	2.83% 430.5K shares	Q4 2024 Held for 11 months	$523.6M
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Patrick Connor Haley Founder	0.61% $2.8M	1.90% 288.4K shares	Q1 2025 Held for 8 months	$448.5M
O O'Brien Greene & Co. Inc RIA/Wealth	Mark Bennett Obrien Chairman	0.19% $586.3K	0.40% 61.5K shares	Q2 2020 Held for 5y 5m	$312.3M
BARD ASSOCIATES INC RIA/Wealth	Timothy Bard Johnson Founder	0.14% $534.1K	0.37% 56.0K shares	Q4 2014 Held for 10y 11m	$376.6M
FIRST FOUNDATION ADVISORS RIA/Wealth	John Avak Hakopian President	0.10% $2.6M	1.80% 273.8K shares	Q3 2023 Held for 2y 2m	$2.7B
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	Steven Leroy Sanders CEO	0.08% $117.1K	0.08% 12.3K shares	Q3 2025 Held for 2 months	$144.0M
VERUS CAPITAL PARTNERS, LLC RIA/Wealth	Zachary Taylor Mason Managing Partner	0.08% $1.1M	0.75% 113.4K shares	Q1 2022 Held for 3y 8m	$1.4B

Hedge Fund Spotlight

Discover hedge funds investing in JYNT

Skylands Capital, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerVirginia Elizabeth Shaffar

Portfolio Value: $723.8M
Positions: 153
Last Reported: Q3 2025

Sector Allocation

Position in The Joint Corp.

Market Value: $7.9M
Shares Held: 832.3K
Portfolio Weight: 1.10%
Owned Since: 2014-Q4

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