Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
89 hedge funds and large institutions have $147M invested in Conn's Inc. in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 42 reducing their positions, and 18 closing their positions.
8% less funds holding
Funds holding: 97 → 89 (-8)
21% less call options, than puts
Call options by funds: $6.07M | Put options by funds: $7.68M
43% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 42
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less capital invested
Capital invested by funds: $297M → $147M (-$150M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.44M |
| 2 |
Morgan Stanley
New York
|
+$1.26M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$948K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$842K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$817K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$18.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.21M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.25M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.11M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.63M |
CONN Hedge Fund Activity: Q2 2016 in Review
89 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q2 2016, worth a combined $147M — down 51% from $297M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CONN and 10 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 24 added.
The largest buyer was Bank of Montreal, adding an estimated $1.44M. The largest seller was Luxor Capital Group, cutting an estimated $18.3M.
- 89 institutional investors held Conn's Inc. (CONN) as of Q2 2016, down from 97 in Q1 2016.
- Funds reported $147M of Conn's Inc. stock for Q2 2016, down 51% quarter-over-quarter.
- 10 funds opened new Conn's Inc. positions in Q2 2016 and 18 closed out, a net change of -8 holders.
- The largest Conn's Inc. buyer in Q2 2016 was Bank of Montreal, an estimated $1.44M added.
- The largest Conn's Inc. seller in Q2 2016 was Luxor Capital Group, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2016.