Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
148 hedge funds and large institutions have $1.21B invested in Conn's Inc. in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 40 increasing their positions, 55 reducing their positions, and 58 closing their positions.
172% more call options, than puts
Call options by funds: $178M | Put options by funds: $65.2M
11% less funds holding
Funds holding: 167 → 148 (-19)
27% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 55
28% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 58
43% less capital invested
Capital invested by funds: $2.11B → $1.21B (-$902M)
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$178M |
| 2 |
GC
Greenlight Capital
New York
|
+$167M |
| 3 |
Morgan Stanley
New York
|
+$44.8M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$43.3M |
| 5 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$59.2M |
| 2 |
O
OppenheimerFunds
New York
|
-$57.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$46.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$36M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$35.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
201
STRS Ohio
Columbus,
Ohio
| – | -$30.4K | -600 | Closed |
|
202
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$40K | -507 | Closed |
|
203
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$39K | -500 | Closed |
|
|
WRM
204
Westport Resources Management
Westport,
Connecticut
| – | -$39K | -500 | Closed |
|
|
AP
205
Advisors Preferred
Rockville,
Maryland
| – | -$31K | -402 | Closed |
|
206
BNP Paribas Financial Markets
Paris,
France
| – | -$23.7K | -301 | Closed |
|
CONN Hedge Fund Activity: Q1 2014 in Review
148 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2014, worth a combined $1.21B — down 43% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of CONN and 42 opened new positions — a net loss of 16 holders — while 55 trimmed existing stakes and 40 added.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $178M. The largest seller was AllianceBernstein, cutting an estimated $59.2M.
- 148 institutional investors held Conn's Inc. (CONN) as of Q1 2014, down from 167 in Q4 2013.
- Funds reported $1.21B of Conn's Inc. stock for Q1 2014, down 43% quarter-over-quarter.
- 42 funds opened new Conn's Inc. positions in Q1 2014 and 58 closed out, a net change of -16 holders.
- The largest Conn's Inc. buyer in Q1 2014 was Luxor Capital Group, an estimated $178M added.
- The largest Conn's Inc. seller in Q1 2014 was AllianceBernstein, an estimated $59.2M sold.
Based on aggregated 13F filings for Q1 2014.