Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
143 hedge funds and large institutions have $412M invested in Conn's Inc. in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 42 increasing their positions, 53 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
40% more capital invested
Capital invested by funds: $295M → $412M (+$117M)
10% more funds holding
Funds holding: 130 → 143 (+13)
8% less call options, than puts
Call options by funds: $7.13M | Put options by funds: $7.73M
21% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 53
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$15.4M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$8.59M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$7.72M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.34M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$8.72M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.08M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$4.62M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.91M |
| 5 |
Millennium Management
New York
|
-$3.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
151
Mackay Shields LLC
New York
| – | -$271K | -13,900 | Closed |
|
|
JF
152
Jump Financial
Chicago,
Illinois
| – | -$231K | -11,828 | Closed |
|
|
E
153
Ergoteles
New York
| – | -$228K | -11,700 | Closed |
|
|
VF
154
Virtu Financial
New York
| – | -$203K | -10,435 | Closed |
|
155
Renaissance Technologies
New York
| – | -$201K | -10,312 | Closed |
|
156
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$101K | -4,807 | Closed |
|
|
VFA
157
Valeo Financial Advisors
Carmel,
Indiana
| – | -$41K | -2,126 | Closed |
|
|
DA
158
Denali Advisors
San Diego,
California
| – | -$33K | -1,690 | Closed |
|
|
IAIM
159
International Assets Investment Management
Orlando,
Florida
| – | -$4K | -350 | Closed |
|
|
PHK
160
Point72 Hong Kong
Hong Kong
| – | -$4K | -187 | Closed |
|
CONN Hedge Fund Activity: Q2 2021 in Review
143 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q2 2021, worth a combined $412M — up 40% from $295M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CONN positions and 18 closed out — a net gain of 13 holders — while 42 added to existing stakes and 53 trimmed.
The largest buyer was Royce & Associates, adding an estimated $15.4M. The largest seller was Cooper Creek Partners Management, cutting an estimated $8.72M.
- 143 institutional investors held Conn's Inc. (CONN) as of Q2 2021, up from 130 in Q1 2021.
- Funds reported $412M of Conn's Inc. stock for Q2 2021, up 40% quarter-over-quarter.
- 31 funds opened new Conn's Inc. positions in Q2 2021 and 18 closed out, a net change of +13 holders.
- The largest Conn's Inc. buyer in Q2 2021 was Royce & Associates, an estimated $15.4M added.
- The largest Conn's Inc. seller in Q2 2021 was Cooper Creek Partners Management, an estimated $8.72M sold.
Based on aggregated 13F filings for Q2 2021.