Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
102 hedge funds and large institutions have $423M invested in Conn's Inc. in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 25 increasing their positions, 38 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
149% more capital invested
Capital invested by funds: $170M → $423M (+$253M)
24% more funds holding
Funds holding: 82 → 102 (+20)
8.61% more ownership
Funds ownership: 62.84% → 71.44% (+8.6%)
34% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 38
46% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $19.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$13.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12.1M |
| 3 |
IP
Interval Partners
New York
|
+$9.03M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$4.28M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.12M |
| 2 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$5.27M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$5.2M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.14M |
| 5 |
MFM
Marianas Fund Management
New York
|
-$1.92M |
CONN Hedge Fund Activity: Q2 2017 in Review
102 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q2 2017, worth a combined $423M — up 149% from $170M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CONN positions and 12 closed out — a net gain of 20 holders — while 25 added to existing stakes and 38 trimmed.
The largest buyer was UBS Group, adding an estimated $13.9M. The largest seller was Morgan Stanley, cutting an estimated $6.12M.
- 102 institutional investors held Conn's Inc. (CONN) as of Q2 2017, up from 82 in Q1 2017.
- Funds reported $423M of Conn's Inc. stock for Q2 2017, up 149% quarter-over-quarter.
- 32 funds opened new Conn's Inc. positions in Q2 2017 and 12 closed out, a net change of +20 holders.
- The largest Conn's Inc. buyer in Q2 2017 was UBS Group, an estimated $13.9M added.
- The largest Conn's Inc. seller in Q2 2017 was Morgan Stanley, an estimated $6.12M sold.
Based on aggregated 13F filings for Q2 2017.