Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
90 hedge funds and large institutions have $700M invested in Conn's Inc. in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 25 closing their positions.
88% more call options, than puts
Call options by funds: $54.8M | Put options by funds: $29.2M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% less capital invested
Capital invested by funds: $783M → $700M (-$83.4M)
12% less funds holding
Funds holding: 102 → 90 (-12)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
48% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.8M |
| 2 |
DCM
Destrier Capital Management
New York
|
+$8.58M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.08M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.04M |
| 5 |
TCP
Tourbillon Capital Partners
New York
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$28.2M |
| 2 |
Blackstone Inc
New York
|
-$22.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$19.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.5M |
| 5 |
Morgan Stanley
New York
|
-$10.2M |
CONN Hedge Fund Activity: Q4 2015 in Review
90 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q4 2015, worth a combined $700M — down 11% from $783M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CONN and 13 opened new positions — a net loss of 12 holders — while 31 trimmed existing stakes and 24 added.
The largest buyer was Credit Suisse, adding an estimated $11.8M. The largest seller was Citadel Advisors, cutting an estimated $28.2M.
- 90 institutional investors held Conn's Inc. (CONN) as of Q4 2015, down from 102 in Q3 2015.
- Funds reported $700M of Conn's Inc. stock for Q4 2015, down 11% quarter-over-quarter.
- 13 funds opened new Conn's Inc. positions in Q4 2015 and 25 closed out, a net change of -12 holders.
- The largest Conn's Inc. buyer in Q4 2015 was Credit Suisse, an estimated $11.8M added.
- The largest Conn's Inc. seller in Q4 2015 was Citadel Advisors, an estimated $28.2M sold.
Based on aggregated 13F filings for Q4 2015.