Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
148 hedge funds and large institutions have $519M invested in Conn's Inc. in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 41 increasing their positions, 57 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
28% more capital invested
Capital invested by funds: $405M → $519M (+$114M)
5% more funds holding
Funds holding: 141 → 148 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 57
61% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $31.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.26M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.67M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$4.43M |
| 4 |
Squarepoint
New York
|
+$4.28M |
| 5 |
RA
Royce & Associates
New York
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$10.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.91M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$6.77M |
| 4 |
ACG
Anchorage Capital Group
New York
|
-$5.26M |
| 5 |
Goldman Sachs
New York
|
-$4.79M |
CONN Hedge Fund Activity: Q3 2019 in Review
148 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q3 2019, worth a combined $519M — up 28% from $405M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CONN positions and 24 closed out — a net gain of 8 holders — while 41 added to existing stakes and 57 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $8.26M. The largest seller was BlackRock, cutting an estimated $10.5M.
- 148 institutional investors held Conn's Inc. (CONN) as of Q3 2019, up from 141 in Q2 2019.
- Funds reported $519M of Conn's Inc. stock for Q3 2019, up 28% quarter-over-quarter.
- 32 funds opened new Conn's Inc. positions in Q3 2019 and 24 closed out, a net change of +8 holders.
- The largest Conn's Inc. buyer in Q3 2019 was Arrowstreet Capital, an estimated $8.26M added.
- The largest Conn's Inc. seller in Q3 2019 was BlackRock, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2019.