Franklin Covey
115 hedge funds and large institutions have $387M invested in Franklin Covey in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 27 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
6% more capital invested
Capital invested by funds: $365M → $387M (+$22.7M)
2.77% less ownership
Funds ownership: 67.86% → 65.09% (-2.8%)
6% less funds holding
Funds holding: 122 → 115 (-7)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less call options, than puts
Call options by funds: $218K | Put options by funds: $310K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$5.59M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$4.94M |
| 3 |
BlackRock
New York
|
+$3.25M |
| 4 |
Goldman Sachs
New York
|
+$2.29M |
| 5 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$6.2M |
| 2 |
Millennium Management
New York
|
-$5.63M |
| 3 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$5.43M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.96M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$2.62M |
FC Hedge Fund Activity: Q2 2023 in Review
115 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q2 2023, worth a combined $387M — up 6.2% from $365M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FC and 21 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 43 added.
The largest buyer was EP Wealth Advisors, adding an estimated $5.59M. The largest seller was Pembroke Management, cutting an estimated $6.2M.
- 115 institutional investors held Franklin Covey (FC) as of Q2 2023, down from 122 in Q1 2023.
- Funds reported $387M of Franklin Covey stock for Q2 2023, up 6.2% quarter-over-quarter.
- 21 funds opened new Franklin Covey positions in Q2 2023 and 27 closed out, a net change of -6 holders.
- The largest Franklin Covey buyer in Q2 2023 was EP Wealth Advisors, an estimated $5.59M added.
- The largest Franklin Covey seller in Q2 2023 was Pembroke Management, an estimated $6.2M sold.
Based on aggregated 13F filings for Q2 2023.