Franklin Covey
65 hedge funds and large institutions have $143M invested in Franklin Covey in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 30 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
35% more capital invested
Capital invested by funds: $107M → $143M (+$37M)
8% more funds holding
Funds holding: 60 → 65 (+5)
0.39% more ownership
Funds ownership: 48.54% → 48.93% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
30% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$837K |
| 2 |
FAM
Fortaleza Asset Management
Chicago,
Illinois
|
+$623K |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$517K |
| 4 |
Renaissance Technologies
New York
|
+$491K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$937K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$674K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$383K |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$213K |
| 5 |
State Street
Boston,
Massachusetts
|
-$202K |
FC Hedge Fund Activity: Q3 2013 in Review
65 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q3 2013, worth a combined $143M — up 35% from $107M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FC positions and 2 closed out — a net gain of 5 holders — while 21 added to existing stakes and 30 trimmed.
The largest buyer was Punch & Associates Investment Management, adding an estimated $837K. The largest seller was Bank of America, cutting an estimated $937K.
- 65 institutional investors held Franklin Covey (FC) as of Q3 2013, up from 60 in Q2 2013.
- Funds reported $143M of Franklin Covey stock for Q3 2013, up 35% quarter-over-quarter.
- 7 funds opened new Franklin Covey positions in Q3 2013 and 2 closed out, a net change of +5 holders.
- The largest Franklin Covey buyer in Q3 2013 was Punch & Associates Investment Management, an estimated $837K added.
- The largest Franklin Covey seller in Q3 2013 was Bank of America, an estimated $937K sold.
Based on aggregated 13F filings for Q3 2013.