Conn's Inc.
CONN
CONN was delisted on the 5th of August, 2024.
66 hedge funds and large institutions have $49.3M invested in Conn's Inc. in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 30 reducing their positions, and 11 closing their positions.
12% more capital invested
Capital invested by funds: $44.2M → $49.3M (+$5.13M)
2% more funds holding
Funds holding: 65 → 66 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less call options, than puts
Call options by funds: $749K | Put options by funds: $751K
57% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.18M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$700K |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$330K |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$190K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$778K |
| 2 |
AC
Annandale Capital
Dallas,
Texas
|
-$394K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$364K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$291K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$281K |
CONN Hedge Fund Activity: Q4 2023 in Review
66 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Conn's Inc. (CONN) for Q4 2023, worth a combined $49.3M — up 12% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CONN positions and 11 closed out — a net gain of 1 holder — while 13 added to existing stakes and 30 trimmed.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $1.18M. The largest seller was Millennium Management, cutting an estimated $778K.
- 66 institutional investors held Conn's Inc. (CONN) as of Q4 2023, up from 65 in Q3 2023.
- Funds reported $49.3M of Conn's Inc. stock for Q4 2023, up 12% quarter-over-quarter.
- 12 funds opened new Conn's Inc. positions in Q4 2023 and 11 closed out, a net change of +1 holder.
- The largest Conn's Inc. buyer in Q4 2023 was Nantahala Capital Management, an estimated $1.18M added.
- The largest Conn's Inc. seller in Q4 2023 was Millennium Management, an estimated $778K sold.
Based on aggregated 13F filings for Q4 2023.