Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
156 hedge funds and large institutions have $549M invested in Conn's Inc. in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 54 increasing their positions, 30 reducing their positions, and 19 closing their positions.
184% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 19
80% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 30
30% more capital invested
Capital invested by funds: $424M → $549M (+$126M)
26% more funds holding
Funds holding: 124 → 156 (+32)
4.94% more ownership
Funds ownership: 70.75% → 75.69% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less call options, than puts
Call options by funds: $13.6M | Put options by funds: $16.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$41.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 4 |
Bank of New York Mellon
New York
|
+$5.04M |
| 5 |
Goldman Sachs
New York
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$56M |
| 2 |
Morgan Stanley
New York
|
-$9.24M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.04M |
| 4 |
JP Morgan Chase
New York
|
-$3.08M |
| 5 |
SIM
Spark Investment Management
New York
|
-$2.38M |
CONN Hedge Fund Activity: Q1 2019 in Review
156 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2019, worth a combined $549M — up 30% from $424M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CONN positions and 19 closed out — a net gain of 35 holders — while 54 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $41.4M. The largest seller was PAR Capital Management, exiting entirely with an estimated $56M sold.
- 156 institutional investors held Conn's Inc. (CONN) as of Q1 2019, up from 124 in Q4 2018.
- Funds reported $549M of Conn's Inc. stock for Q1 2019, up 30% quarter-over-quarter.
- 54 funds opened new Conn's Inc. positions in Q1 2019 and 19 closed out, a net change of +35 holders.
- The largest Conn's Inc. buyer in Q1 2019 was BlackRock, an estimated $41.4M added.
- The largest Conn's Inc. seller in Q1 2019 was PAR Capital Management, an estimated $56M sold.
Based on aggregated 13F filings for Q1 2019.