Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
124 hedge funds and large institutions have $167M invested in Conn's Inc. in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 46 reducing their positions, and 20 closing their positions.
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
2% more funds holding
Funds holding: 121 → 124 (+3)
5% less capital invested
Capital invested by funds: $176M → $167M (-$8.64M)
5.83% less ownership
Funds ownership: 60.09% → 54.26% (-5.8%)
21% less call options, than puts
Call options by funds: $4.08M | Put options by funds: $5.13M
35% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$5.13M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.08M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2M |
| 4 |
BlackRock
New York
|
+$1.99M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.62M |
| 2 |
RA
Royce & Associates
New York
|
-$4.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.75M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.38M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.15M |
CONN Hedge Fund Activity: Q3 2020 in Review
124 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q3 2020, worth a combined $167M — down 4.9% from $176M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CONN positions and 20 closed out — a net gain of 3 holders — while 30 added to existing stakes and 46 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $5.13M. The largest seller was Credit Suisse, cutting an estimated $4.62M.
- 124 institutional investors held Conn's Inc. (CONN) as of Q3 2020, up from 121 in Q2 2020.
- Funds reported $167M of Conn's Inc. stock for Q3 2020, down 4.9% quarter-over-quarter.
- 23 funds opened new Conn's Inc. positions in Q3 2020 and 20 closed out, a net change of +3 holders.
- The largest Conn's Inc. buyer in Q3 2020 was Cooper Creek Partners Management, an estimated $5.13M added.
- The largest Conn's Inc. seller in Q3 2020 was Credit Suisse, an estimated $4.62M sold.
Based on aggregated 13F filings for Q3 2020.