Franklin Covey
76 hedge funds and large institutions have $144M invested in Franklin Covey in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 32 reducing their positions, and 15 closing their positions.
2.6% less ownership
Funds ownership: 61.08% → 58.48% (-2.6%)
11% less funds holding
Funds holding: 85 → 76 (-9)
20% less capital invested
Capital invested by funds: $181M → $144M (-$37.1M)
38% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 32
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.22M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$1.18M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.16M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$1.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.6M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$2.53M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$2.35M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.51M |
FC Hedge Fund Activity: Q3 2020 in Review
76 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q3 2020, worth a combined $144M — down 20% from $181M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FC and 6 opened new positions — a net loss of 9 holders — while 32 trimmed existing stakes and 20 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $1.22M. The largest seller was Fidelity Investments, cutting an estimated $3.6M.
- 76 institutional investors held Franklin Covey (FC) as of Q3 2020, down from 85 in Q2 2020.
- Funds reported $144M of Franklin Covey stock for Q3 2020, down 20% quarter-over-quarter.
- 6 funds opened new Franklin Covey positions in Q3 2020 and 15 closed out, a net change of -9 holders.
- The largest Franklin Covey buyer in Q3 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $1.22M added.
- The largest Franklin Covey seller in Q3 2020 was Fidelity Investments, an estimated $3.6M sold.
Based on aggregated 13F filings for Q3 2020.