Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
85 hedge funds and large institutions have $89M invested in Conn's Inc. in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 26 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $91.2M → $89M (-$2.15M)
17% less funds holding
Funds holding: 102 → 85 (-17)
40% less call options, than puts
Call options by funds: $823K | Put options by funds: $1.37M
65% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.91M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.09M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$866K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$792K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.28M |
| 2 |
E
Ergoteles
New York
|
-$1.11M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$895K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$768K |
| 5 |
Morgan Stanley
New York
|
-$595K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$11K | -1,603 | Closed |
|
|
SWA
102
Sutton Wealth Advisors
Tampa,
Florida
| – | -$7.55K | -1,097 | Closed |
|
|
TRSOTSOK
103
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$2K | -232 | Closed |
|
|
MWM
104
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$1.38K | -200 | Closed |
|
|
CA
105
Crewe Advisors
Salt Lake City,
Utah
| – | -$1.2K | -175 | Closed |
|
|
TWA
106
TCI Wealth Advisors
Tucson,
Arizona
| – | -$867 | -126 | Closed |
|
|
PFBT
107
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$585 | -85 | Closed |
|
|
NA
108
NewEdge Advisors
New Orleans,
Louisiana
| – | -$344 | -50 | Closed |
|
|
QCG
109
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$303 | -44 | Closed |
|
|
CS
110
Credit Suisse
Zurich,
Switzerland
| – | -$7 | -1 | Closed |
|
CONN Hedge Fund Activity: Q1 2023 in Review
85 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2023, worth a combined $89M — down 2.4% from $91.2M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CONN and 9 opened new positions — a net loss of 17 holders — while 24 trimmed existing stakes and 33 added.
The largest buyer was BlackRock, adding an estimated $1.91M. The largest seller was Jane Street, cutting an estimated $1.28M.
- 85 institutional investors held Conn's Inc. (CONN) as of Q1 2023, down from 102 in Q4 2022.
- Funds reported $89M of Conn's Inc. stock for Q1 2023, down 2.4% quarter-over-quarter.
- 9 funds opened new Conn's Inc. positions in Q1 2023 and 26 closed out, a net change of -17 holders.
- The largest Conn's Inc. buyer in Q1 2023 was BlackRock, an estimated $1.91M added.
- The largest Conn's Inc. seller in Q1 2023 was Jane Street, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2023.