Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
99 hedge funds and large institutions have $189M invested in Conn's Inc. in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
29% more capital invested
Capital invested by funds: $147M → $189M (+$42.5M)
11% more funds holding
Funds holding: 89 → 99 (+10)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
56% less call options, than puts
Call options by funds: $7.85M | Put options by funds: $17.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.36M |
| 2 |
MFM
Marianas Fund Management
New York
|
+$4.67M |
| 3 |
Morgan Stanley
New York
|
+$2.44M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$1.5M |
| 5 |
Millennium Management
New York
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$21.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.58M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.16M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.68M |
| 5 |
Citigroup
New York
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
101
Mizuho Securities USA
New York
| – | -$344K | -45,800 | Closed |
|
|
QIM
102
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$203K | -27,100 | Closed |
|
103
Squarepoint
New York
| – | -$169K | -22,500 | Closed |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$152K | -20,284 | Closed |
|
105
Simplex Trading
Chicago,
Illinois
| – | -$21.9K | -2,786 | Closed |
|
106
Teacher Retirement System of Texas
Austin,
Texas
| – | -$19K | -2,555 | Closed |
|
107
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -1,598 | Closed |
|
CONN Hedge Fund Activity: Q3 2016 in Review
99 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q3 2016, worth a combined $189M — up 29% from $147M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CONN positions and 8 closed out — a net gain of 11 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $5.36M. The largest seller was Luxor Capital Group, cutting an estimated $21.1M.
- 99 institutional investors held Conn's Inc. (CONN) as of Q3 2016, up from 89 in Q2 2016.
- Funds reported $189M of Conn's Inc. stock for Q3 2016, up 29% quarter-over-quarter.
- 19 funds opened new Conn's Inc. positions in Q3 2016 and 8 closed out, a net change of +11 holders.
- The largest Conn's Inc. buyer in Q3 2016 was Citadel Advisors, an estimated $5.36M added.
- The largest Conn's Inc. seller in Q3 2016 was Luxor Capital Group, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2016.