Franklin Covey
66 hedge funds and large institutions have $149M invested in Franklin Covey in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 15 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
6% less funds holding
Funds holding: 70 → 66 (-4)
8.89% less ownership
Funds ownership: 61.52% → 52.62% (-8.9%)
11% less capital invested
Capital invested by funds: $167M → $149M (-$18M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.03M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$910K |
| 3 |
JP Morgan Chase
New York
|
+$788K |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$680K |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$658K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$12.1M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.89M |
| 3 |
OP
Osmium Partners
Greenbrae,
California
|
-$2.48M |
| 4 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$2.29M |
| 5 |
SC
Spitfire Capital
Mill Valley,
California
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| – | -$39.5K | -2,360 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$20K | -1,211 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
FC Hedge Fund Activity: Q1 2016 in Review
66 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q1 2016, worth a combined $149M — down 11% from $167M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FC and 11 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 22 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $1.03M. The largest seller was Skyline Asset Management, exiting entirely with an estimated $12.1M sold.
- 66 institutional investors held Franklin Covey (FC) as of Q1 2016, down from 70 in Q4 2015.
- Funds reported $149M of Franklin Covey stock for Q1 2016, down 11% quarter-over-quarter.
- 11 funds opened new Franklin Covey positions in Q1 2016 and 15 closed out, a net change of -4 holders.
- The largest Franklin Covey buyer in Q1 2016 was Arrowstreet Capital, an estimated $1.03M added.
- The largest Franklin Covey seller in Q1 2016 was Skyline Asset Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2016.