Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
139 hedge funds and large institutions have $226M invested in Conn's Inc. in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 53 increasing their positions, 33 reducing their positions, and 38 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 33
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
6% less funds holding
Funds holding: 148 → 139 (-9)
49% less call options, than puts
Call options by funds: $5.01M | Put options by funds: $9.88M
57% less capital invested
Capital invested by funds: $519M → $226M (-$294M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$9.34M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.77M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.09M |
| 4 |
Squarepoint
New York
|
+$5.46M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$65.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$14.6M |
| 3 |
Morgan Stanley
New York
|
-$11.5M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.13M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$5.96M |
CONN Hedge Fund Activity: Q4 2019 in Review
139 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q4 2019, worth a combined $226M — down 57% from $519M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CONN and 35 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 53 added.
The largest buyer was Royce & Associates, adding an estimated $9.34M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $65.9M sold.
- 139 institutional investors held Conn's Inc. (CONN) as of Q4 2019, down from 148 in Q3 2019.
- Funds reported $226M of Conn's Inc. stock for Q4 2019, down 57% quarter-over-quarter.
- 35 funds opened new Conn's Inc. positions in Q4 2019 and 38 closed out, a net change of -3 holders.
- The largest Conn's Inc. buyer in Q4 2019 was Royce & Associates, an estimated $9.34M added.
- The largest Conn's Inc. seller in Q4 2019 was Anchorage Capital Group, an estimated $65.9M sold.
Based on aggregated 13F filings for Q4 2019.