Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
109 hedge funds and large institutions have $1.05B invested in Conn's Inc. in 2015 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 27 closing their positions.
72% more capital invested
Capital invested by funds: $609M → $1.05B (+$436M)
37% more call options, than puts
Call options by funds: $118M | Put options by funds: $86.2M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
4% less funds holding
Funds holding: 114 → 109 (-5)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$54.4M |
| 2 |
ACG
Anchorage Capital Group
New York
|
+$51.4M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$30M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$22.9M |
| 5 |
TCP
Tourbillon Capital Partners
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$24.8M |
| 2 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$22.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13M |
| 4 |
BP
Boston Provident
Englewood,
New Jersey
|
-$11M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCS
126
Harvest Capital Strategies
San Francisco,
California
| – | -$321K | -17,150 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$294K | -15,729 | Closed |
|
128
AQR Capital Management
Greenwich,
Connecticut
| – | -$285K | -15,253 | Closed |
|
129
LPL Financial
San Diego,
California
| – | -$284K | -15,178 | Closed |
|
|
PSC
130
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$187K | -10,000 | Closed |
|
|
PCM
131
Prelude Capital Management
New York
| – | -$187K | -10,000 | Closed |
|
132
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$19K | -1,000 | Closed |
|
|
FMA
133
FNY Managed Accounts
New York
| – | -$16.8K | -900 | Closed |
|
134
Creative Planning
Overland Park,
Kansas
| – | -$10K | -550 | Closed |
|
|
SC
135
Skylands Capital
Milwaukee,
Wisconsin
| – | -$4K | -200 | Closed |
|
|
BRWA
136
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1 | -42 | Closed |
|
CONN Hedge Fund Activity: Q1 2015 in Review
109 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2015, worth a combined $1.05B — up 72% from $609M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CONN and 22 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 40 added.
The largest buyer was Citadel Advisors, adding an estimated $54.4M. The largest seller was St. Denis J. Villere & Co, exiting entirely with an estimated $24.8M sold.
- 109 institutional investors held Conn's Inc. (CONN) as of Q1 2015, down from 114 in Q4 2014.
- Funds reported $1.05B of Conn's Inc. stock for Q1 2015, up 72% quarter-over-quarter.
- 22 funds opened new Conn's Inc. positions in Q1 2015 and 27 closed out, a net change of -5 holders.
- The largest Conn's Inc. buyer in Q1 2015 was Citadel Advisors, an estimated $54.4M added.
- The largest Conn's Inc. seller in Q1 2015 was St. Denis J. Villere & Co, an estimated $24.8M sold.
Based on aggregated 13F filings for Q1 2015.