Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
121 hedge funds and large institutions have $176M invested in Conn's Inc. in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 49 reducing their positions, and 23 closing their positions.
127% more capital invested
Capital invested by funds: $77.6M → $176M (+$98.4M)
80% more call options, than puts
Call options by funds: $26M | Put options by funds: $14.5M
4.5% less ownership
Funds ownership: 64.59% → 60.09% (-4.5%)
5% less funds holding
Funds holding: 127 → 121 (-6)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
27% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$3.72M |
| 2 |
D.E. Shaw & Co
New York
|
+$3.61M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.83M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.58M |
| 5 |
Two Sigma Advisers
New York
|
+$893K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$3.36M |
| 2 |
Morgan Stanley
New York
|
-$3.35M |
| 3 |
Bank of New York Mellon
New York
|
-$2.07M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.95M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.85M |
CONN Hedge Fund Activity: Q2 2020 in Review
121 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q2 2020, worth a combined $176M — up 127% from $77.6M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CONN and 17 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 36 added.
The largest buyer was Nuveen, adding an estimated $3.72M. The largest seller was Parallax Volatility Advisers, cutting an estimated $3.36M.
- 121 institutional investors held Conn's Inc. (CONN) as of Q2 2020, down from 127 in Q1 2020.
- Funds reported $176M of Conn's Inc. stock for Q2 2020, up 127% quarter-over-quarter.
- 17 funds opened new Conn's Inc. positions in Q2 2020 and 23 closed out, a net change of -6 holders.
- The largest Conn's Inc. buyer in Q2 2020 was Nuveen, an estimated $3.72M added.
- The largest Conn's Inc. seller in Q2 2020 was Parallax Volatility Advisers, an estimated $3.36M sold.
Based on aggregated 13F filings for Q2 2020.