CONX Corp. Class A Common Stock
CONX
CONX was delisted on the 3rd of May, 2024.
23 hedge funds and large institutions have $76.2M invested in CONX Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 79 closing their positions.
28% less call options, than puts
Call options by funds: $821K | Put options by funds: $1.15M
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
77% less funds holding
Funds holding: 100 → 23 (-77)
89% less capital invested
Capital invested by funds: $721M → $76.2M (-$645M)
97% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 79
100% less funds holding in top 10
Funds holding in top 10: 6 → 0 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$1.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$852K |
| 3 |
CS
Clear Street
New York
|
+$399K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$233K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$50.6M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$42.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$38.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$36.2M |
| 5 |
Millennium Management
New York
|
-$31.1M |
CONX Hedge Fund Activity: Q4 2022 in Review
23 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in CONX Corp. Class A Common Stock (CONX) for Q4 2022, worth a combined $76.2M — down 89% from $721M a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of CONX and 2 opened new positions — a net loss of 77 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was HRT Financial, adding an estimated $1.12M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $50.6M sold.
- 23 institutional investors held CONX Corp. Class A Common Stock (CONX) as of Q4 2022, down from 100 in Q3 2022.
- Funds reported $76.2M of CONX Corp. Class A Common Stock stock for Q4 2022, down 89% quarter-over-quarter.
- 2 funds opened new CONX Corp. Class A Common Stock positions in Q4 2022 and 79 closed out, a net change of -77 holders.
- The largest CONX Corp. Class A Common Stock buyer in Q4 2022 was HRT Financial, an estimated $1.12M added.
- The largest CONX Corp. Class A Common Stock seller in Q4 2022 was Glazer Capital LLC, an estimated $50.6M sold.
Based on aggregated 13F filings for Q4 2022.