Franklin Covey
122 hedge funds and large institutions have $365M invested in Franklin Covey in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 29 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.2% more ownership
Funds ownership: 67.66% → 67.86% (+0.2%)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
10% less funds holding
Funds holding: 136 → 122 (-14)
12% less capital invested
Capital invested by funds: $416M → $365M (-$51.8M)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
92% less call options, than puts
Call options by funds: $457K | Put options by funds: $5.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$4.76M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$3.58M |
| 3 |
PCM
Praetorian Capital Management
Coral Gables,
Florida
|
+$3.1M |
| 4 |
Morgan Stanley
New York
|
+$2.38M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.45M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.41M |
| 3 |
Renaissance Technologies
New York
|
-$2.24M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$1.94M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.61M |
FC Hedge Fund Activity: Q1 2023 in Review
122 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q1 2023, worth a combined $365M — down 12% from $416M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FC and 16 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 43 added.
The largest buyer was Bares Capital Management, adding an estimated $4.76M. The largest seller was BlackRock, cutting an estimated $2.45M.
- 122 institutional investors held Franklin Covey (FC) as of Q1 2023, down from 136 in Q4 2022.
- Funds reported $365M of Franklin Covey stock for Q1 2023, down 12% quarter-over-quarter.
- 16 funds opened new Franklin Covey positions in Q1 2023 and 29 closed out, a net change of -13 holders.
- The largest Franklin Covey buyer in Q1 2023 was Bares Capital Management, an estimated $4.76M added.
- The largest Franklin Covey seller in Q1 2023 was BlackRock, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2023.