Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
124 hedge funds and large institutions have $982M invested in Conn's Inc. in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 51 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
57% more call options, than puts
Call options by funds: $196M | Put options by funds: $125M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less funds holding
Funds holding: 150 → 124 (-26)
36% less capital invested
Capital invested by funds: $1.53B → $982M (-$545M)
49% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$181M |
| 2 |
Morgan Stanley
New York
|
+$56.1M |
| 3 |
IIM
Ivory Investment Management
New York
|
+$25.3M |
| 4 |
QF
QVT Financial
New York
|
+$13.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$77.2M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$36.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.4M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$30.4M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$28.2M |
CONN Hedge Fund Activity: Q3 2014 in Review
124 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q3 2014, worth a combined $982M — down 36% from $1.53B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CONN and 26 opened new positions — a net loss of 25 holders — while 31 trimmed existing stakes and 50 added.
The largest buyer was Luxor Capital Group, adding an estimated $181M. The largest seller was Kalmar Investments, exiting entirely with an estimated $77.2M sold.
- 124 institutional investors held Conn's Inc. (CONN) as of Q3 2014, down from 150 in Q2 2014.
- Funds reported $982M of Conn's Inc. stock for Q3 2014, down 36% quarter-over-quarter.
- 26 funds opened new Conn's Inc. positions in Q3 2014 and 51 closed out, a net change of -25 holders.
- The largest Conn's Inc. buyer in Q3 2014 was Luxor Capital Group, an estimated $181M added.
- The largest Conn's Inc. seller in Q3 2014 was Kalmar Investments, an estimated $77.2M sold.
Based on aggregated 13F filings for Q3 2014.