Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
73 hedge funds and large institutions have $44.3M invested in Conn's Inc. in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 36 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less call options, than puts
Call options by funds: $188K | Put options by funds: $213K
14% less funds holding
Funds holding: 85 → 73 (-12)
46% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 26
50% less capital invested
Capital invested by funds: $89M → $44.3M (-$44.7M)
67% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$660K |
| 2 |
Charles Schwab
San Francisco,
California
|
+$481K |
| 3 |
Millennium Management
New York
|
+$380K |
| 4 |
Squarepoint
New York
|
+$312K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.74M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.55M |
| 3 |
JP Morgan Chase
New York
|
-$1.46M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.37M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.05M |
CONN Hedge Fund Activity: Q2 2023 in Review
73 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q2 2023, worth a combined $44.3M — down 50% from $89M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CONN and 14 opened new positions — a net loss of 12 holders — while 36 trimmed existing stakes and 12 added.
The largest buyer was Renaissance Technologies, adding an estimated $660K. The largest seller was BlackRock, cutting an estimated $2.74M.
- 73 institutional investors held Conn's Inc. (CONN) as of Q2 2023, down from 85 in Q1 2023.
- Funds reported $44.3M of Conn's Inc. stock for Q2 2023, down 50% quarter-over-quarter.
- 14 funds opened new Conn's Inc. positions in Q2 2023 and 26 closed out, a net change of -12 holders.
- The largest Conn's Inc. buyer in Q2 2023 was Renaissance Technologies, an estimated $660K added.
- The largest Conn's Inc. seller in Q2 2023 was BlackRock, an estimated $2.74M sold.
Based on aggregated 13F filings for Q2 2023.