Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
129 hedge funds and large institutions have $339M invested in Conn's Inc. in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 26 closing their positions.
11% less funds holding
Funds holding: 145 → 129 (-16)
12% less call options, than puts
Call options by funds: $5.41M | Put options by funds: $6.16M
15% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 52
35% less capital invested
Capital invested by funds: $520M → $339M (-$181M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$4.31M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.33M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.15M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.37M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.72M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
-$4.93M |
| 4 |
JP Morgan Chase
New York
|
-$2.55M |
| 5 |
BlackRock
New York
|
-$1.85M |
CONN Hedge Fund Activity: Q1 2022 in Review
129 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2022, worth a combined $339M — down 35% from $520M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CONN and 11 opened new positions — a net loss of 15 holders — while 52 trimmed existing stakes and 44 added.
The largest buyer was Gabelli Funds, adding an estimated $4.31M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $7.37M sold.
- 129 institutional investors held Conn's Inc. (CONN) as of Q1 2022, down from 145 in Q4 2021.
- Funds reported $339M of Conn's Inc. stock for Q1 2022, down 35% quarter-over-quarter.
- 11 funds opened new Conn's Inc. positions in Q1 2022 and 26 closed out, a net change of -15 holders.
- The largest Conn's Inc. buyer in Q1 2022 was Gabelli Funds, an estimated $4.31M added.
- The largest Conn's Inc. seller in Q1 2022 was Intrinsic Edge Capital Management, an estimated $7.37M sold.
Based on aggregated 13F filings for Q1 2022.