CONX Corp. Class A Common Stock
CONX
CONX was delisted on the 3rd of May, 2024.
9 hedge funds and large institutions have $20.3M invested in CONX Corp. Class A Common Stock in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% less funds holding
Funds holding: 12 → 9 (-3)
45% less capital invested
Capital invested by funds: $36.9M → $20.3M (-$16.6M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
67% less call options, than puts
Call options by funds: $1K | Put options by funds: $3K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$194K |
| 2 |
AIP
ARS Investment Partners
New York
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Potomac Capital Management
New York
|
-$14.5M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$1.2M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.04M |
| 4 |
CS
Clear Street
New York
|
-$687K |
| 5 |
JP Morgan Chase
New York
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Moore Capital Management
New York
| $16.3M | – | – | – |
|
|
FBCM
2
Fort Baker Capital Management
Larkspur,
California
| $1.67M | -$1.2M | -113,600 | -42% |
|
3
Geode Capital Management
Boston,
Massachusetts
| $807K | -$5.28K | -501 | -0.7% |
|
|
4
JP Morgan Chase
New York
| $485K | -$169K | -16,063 | -26% |
|
|
FIA
5
FNY Investment Advisers
New York
| $403K | – | – | – |
|
6
Walleye Capital
New York
| $223K | – | – | – |
|
|
MC
7
Meteora Capital
Boca Raton,
Florida
| $194K | +$194K | +18,401 | New |
|
|
AIP
8
ARS Investment Partners
New York
| $187K | +$187K | +17,708 | New |
|
9
Simplex Trading
Chicago,
Illinois
| $3K | -$8.41K | -798 | -68% |
|
|
PCM
10
Potomac Capital Management
New York
| – | -$14.5M | -1,393,403 | Closed |
|
|
PC
11
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.04M | -100,000 | Closed |
|
|
CS
12
Clear Street
New York
| – | -$687K | -65,955 | Closed |
|
|
CCM
13
CAAS Capital Management
New York
| – | -$141K | -13,500 | Closed |
|
14
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$27.5K | -2,640 | Closed |
|
CONX Hedge Fund Activity: Q4 2023 in Review
9 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CONX Corp. Class A Common Stock (CONX) for Q4 2023, worth a combined $20.3M — down 45% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CONX and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $194K. The largest seller was Potomac Capital Management, exiting entirely with an estimated $14.5M sold.
- 9 institutional investors held CONX Corp. Class A Common Stock (CONX) as of Q4 2023, down from 12 in Q3 2023.
- Funds reported $20.3M of CONX Corp. Class A Common Stock stock for Q4 2023, down 45% quarter-over-quarter.
- 2 funds opened new CONX Corp. Class A Common Stock positions in Q4 2023 and 5 closed out, a net change of -3 holders.
- The largest CONX Corp. Class A Common Stock buyer in Q4 2023 was Meteora Capital, an estimated $194K added.
- The largest CONX Corp. Class A Common Stock seller in Q4 2023 was Potomac Capital Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2023.