Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
100 hedge funds and large institutions have $220M invested in Conn's Inc. in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
16% more capital invested
Capital invested by funds: $189M → $220M (+$30.6M)
1% more funds holding
Funds holding: 99 → 100 (+1)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
49% less call options, than puts
Call options by funds: $7.68M | Put options by funds: $15.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.18M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.49M |
| 3 |
RA
Royce & Associates
New York
|
+$2.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.93M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.35M |
| 3 |
MFM
Marianas Fund Management
New York
|
-$3.14M |
| 4 |
Millennium Management
New York
|
-$2.31M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.97M |
CONN Hedge Fund Activity: Q4 2016 in Review
100 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q4 2016, worth a combined $220M — up 16% from $189M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CONN positions and 17 closed out — a net gain of 3 holders — while 27 added to existing stakes and 36 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $3.18M. The largest seller was Morgan Stanley, cutting an estimated $8.55M.
- 100 institutional investors held Conn's Inc. (CONN) as of Q4 2016, up from 99 in Q3 2016.
- Funds reported $220M of Conn's Inc. stock for Q4 2016, up 16% quarter-over-quarter.
- 20 funds opened new Conn's Inc. positions in Q4 2016 and 17 closed out, a net change of +3 holders.
- The largest Conn's Inc. buyer in Q4 2016 was Balyasny Asset Management, an estimated $3.18M added.
- The largest Conn's Inc. seller in Q4 2016 was Morgan Stanley, an estimated $8.55M sold.
Based on aggregated 13F filings for Q4 2016.