CONX Corp. Unit
CONXU
CONXU was delisted on the 3rd of May, 2024.
32 hedge funds and large institutions have $107M invested in CONX Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 20 reducing their positions, and 61 closing their positions.
65% less funds holding
Funds holding: 92 → 32 (-60)
70% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 20
82% less capital invested
Capital invested by funds: $609M → $107M (-$502M)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 61
100% less funds holding in top 10
Funds holding in top 10: 5 → 0 (-5)
Top Buyers
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$433K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$34.5K |
| 3 |
HF
HRT Financial
New York
|
+$13.7K |
| 4 |
LPL Financial
San Diego,
California
|
+$5.21K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.25K |
Top Sellers
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$43.9M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
-$41.8M |
| 3 |
PCM
Palestra Capital Management
New York
|
-$41.8M |
| 4 |
Millennium Management
New York
|
-$31.5M |
| 5 |
ECM
Element Capital Management
New York
|
-$26.1M |
CONXU Hedge Fund Activity: Q1 2021 in Review
32 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CONX Corp. Unit (CONXU) for Q1 2021, worth a combined $107M — down 82% from $609M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CONXU and 1 opened new positions — a net loss of 60 holders — while 20 trimmed existing stakes and 6 added.
The largest buyer was Flow Traders U.S., adding an estimated $433K. The largest seller was HGC Investment Management, exiting entirely with an estimated $43.9M sold.
- 32 institutional investors held CONX Corp. Unit (CONXU) as of Q1 2021, down from 92 in Q4 2020.
- Funds reported $107M of CONX Corp. Unit stock for Q1 2021, down 82% quarter-over-quarter.
- 1 fund opened new CONX Corp. Unit positions in Q1 2021 and 61 closed out, a net change of -60 holders.
- The largest CONX Corp. Unit buyer in Q1 2021 was Flow Traders U.S., an estimated $433K added.
- The largest CONX Corp. Unit seller in Q1 2021 was HGC Investment Management, an estimated $43.9M sold.
Based on aggregated 13F filings for Q1 2021.