Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
85 hedge funds and large institutions have $89M invested in Conn's Inc. in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 26 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
5.54% more ownership
Funds ownership: 55.33% → 60.87% (+5.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $91.2M → $89M (-$2.14M)
16% less funds holding
Funds holding: 101 → 85 (-16)
40% less call options, than puts
Call options by funds: $823K | Put options by funds: $1.37M
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$866K |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$792K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$612K |
| 5 |
D.E. Shaw & Co
New York
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.28M |
| 2 |
E
Ergoteles
New York
|
-$1.11M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$895K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$768K |
| 5 |
Morgan Stanley
New York
|
-$595K |
CONN Hedge Fund Activity: Q1 2023 in Review
85 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q1 2023, worth a combined $89M — down 2.3% from $91.2M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CONN and 10 opened new positions — a net loss of 16 holders — while 24 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $1.91M. The largest seller was Jane Street, cutting an estimated $1.28M.
- 85 institutional investors held Conn's Inc. (CONN) as of Q1 2023, down from 101 in Q4 2022.
- Funds reported $89M of Conn's Inc. stock for Q1 2023, down 2.3% quarter-over-quarter.
- 10 funds opened new Conn's Inc. positions in Q1 2023 and 26 closed out, a net change of -16 holders.
- The largest Conn's Inc. buyer in Q1 2023 was BlackRock, an estimated $1.91M added.
- The largest Conn's Inc. seller in Q1 2023 was Jane Street, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2023.