Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
97 hedge funds and large institutions have $297M invested in Conn's Inc. in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 34 reducing their positions, and 11 closing their positions.
195% more call options, than puts
Call options by funds: $37M | Put options by funds: $12.6M
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
8% more funds holding
Funds holding: 90 → 97 (+7)
0% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
58% less capital invested
Capital invested by funds: $700M → $297M (-$403M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
+$14.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.95M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$2.72M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
-$71.6M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$31.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.28M |
| 5 |
Morgan Stanley
New York
|
-$6.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VIA
101
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$1.17M | -49,863 | Closed |
|
102
BNP Paribas Financial Markets
Paris,
France
| – | -$108K | -4,622 | Closed |
|
|
ST
103
Spot Trading
Chicago,
Illinois
| – | -$108K | -4,596 | Closed |
|
|
PG
104
PEAK6 Group
Chicago,
Illinois
| – | -$93K | -3,953 | Closed |
|
|
AAM
105
Advisors Asset Management
Monument,
Colorado
| – | -$15K | -651 | Closed |
|
106
JP Morgan Chase
New York
| – | -$6K | -245 | Closed |
|
|
UMA
107
USA Mutuals Advisors
Dallas,
Texas
| – | -$2K | -90 | Closed |
|
CONN Hedge Fund Activity: Q1 2016 in Review
97 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2016, worth a combined $297M — down 58% from $700M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CONN positions and 11 closed out — a net gain of 7 holders — while 34 added to existing stakes and 34 trimmed.
The largest buyer was Anchorage Capital Group, adding an estimated $14.8M. The largest seller was Tourbillon Capital Partners, exiting entirely with an estimated $71.6M sold.
- 97 institutional investors held Conn's Inc. (CONN) as of Q1 2016, up from 90 in Q4 2015.
- Funds reported $297M of Conn's Inc. stock for Q1 2016, down 58% quarter-over-quarter.
- 18 funds opened new Conn's Inc. positions in Q1 2016 and 11 closed out, a net change of +7 holders.
- The largest Conn's Inc. buyer in Q1 2016 was Anchorage Capital Group, an estimated $14.8M added.
- The largest Conn's Inc. seller in Q1 2016 was Tourbillon Capital Partners, an estimated $71.6M sold.
Based on aggregated 13F filings for Q1 2016.