CONX Corp. Unit
CONXU
CONXU was delisted on the 3rd of May, 2024.
18 hedge funds and large institutions have $17.1M invested in CONX Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 5 closing their positions.
10% less funds holding
Funds holding: 20 → 18 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
67% less capital invested
Capital invested by funds: $52.4M → $17.1M (-$35.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$2.28M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$134K |
| 3 |
ClearBridge Investments
New York
|
+$25.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.62K |
| 5 |
Morgan Stanley
New York
|
+$2.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$35.2M |
| 2 |
TAL
TIG Advisors LLC
New York
|
-$2.27M |
| 3 |
CS
Clear Street
New York
|
-$384K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$141K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22.3K |
CONXU Hedge Fund Activity: Q3 2022 in Review
18 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in CONX Corp. Unit (CONXU) for Q3 2022, worth a combined $17.1M — down 67% from $52.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CONXU and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $2.28M. The largest seller was Magnetar Financial, exiting entirely with an estimated $35.2M sold.
- 18 institutional investors held CONX Corp. Unit (CONXU) as of Q3 2022, down from 20 in Q2 2022.
- Funds reported $17.1M of CONX Corp. Unit stock for Q3 2022, down 67% quarter-over-quarter.
- 3 funds opened new CONX Corp. Unit positions in Q3 2022 and 5 closed out, a net change of -2 holders.
- The largest CONX Corp. Unit buyer in Q3 2022 was Cowen and Company, an estimated $2.28M added.
- The largest CONX Corp. Unit seller in Q3 2022 was Magnetar Financial, an estimated $35.2M sold.
Based on aggregated 13F filings for Q3 2022.