Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
124 hedge funds and large institutions have $424M invested in Conn's Inc. in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 33 reducing their positions, and 33 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 33
2.12% more ownership
Funds ownership: 68.63% → 70.75% (+2.1%)
7% less funds holding
Funds holding: 133 → 124 (-9)
19% less call options, than puts
Call options by funds: $8.49M | Put options by funds: $10.5M
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
45% less capital invested
Capital invested by funds: $770M → $424M (-$346M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$33.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$17.4M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.1M |
| 4 |
Two Sigma Investments
New York
|
+$7.01M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$13.6M |
| 2 |
JP Morgan Chase
New York
|
-$12.4M |
| 3 |
Millennium Management
New York
|
-$10.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.26M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$7.03M |
CONN Hedge Fund Activity: Q4 2018 in Review
124 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q4 2018, worth a combined $424M — down 45% from $770M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CONN and 26 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 46 added.
The largest buyer was Morgan Stanley, adding an estimated $33.7M. The largest seller was UBS Group, cutting an estimated $13.6M.
- 124 institutional investors held Conn's Inc. (CONN) as of Q4 2018, down from 133 in Q3 2018.
- Funds reported $424M of Conn's Inc. stock for Q4 2018, down 45% quarter-over-quarter.
- 26 funds opened new Conn's Inc. positions in Q4 2018 and 33 closed out, a net change of -7 holders.
- The largest Conn's Inc. buyer in Q4 2018 was Morgan Stanley, an estimated $33.7M added.
- The largest Conn's Inc. seller in Q4 2018 was UBS Group, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2018.