Franklin Covey
68 hedge funds and large institutions have $179M invested in Franklin Covey in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 7 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
2.07% more ownership
Funds ownership: 52.19% → 54.26% (+2.1%)
3% more capital invested
Capital invested by funds: $173M → $179M (+$5.91M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 72 → 68 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$8.04M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.76M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.22M |
| 4 |
RA
Royce & Associates
New York
|
+$1.06M |
| 5 |
SC
Spitfire Capital
Mill Valley,
California
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$3.89M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$2.36M |
| 3 |
Renaissance Technologies
New York
|
-$769K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$662K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$589K |
FC Hedge Fund Activity: Q1 2014 in Review
68 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q1 2014, worth a combined $179M — up 3.4% from $173M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FC and 3 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 28 added.
The largest buyer was Pembroke Management, adding an estimated $8.04M. The largest seller was Osmium Partners, cutting an estimated $3.89M.
- 68 institutional investors held Franklin Covey (FC) as of Q1 2014, down from 72 in Q4 2013.
- Funds reported $179M of Franklin Covey stock for Q1 2014, up 3.4% quarter-over-quarter.
- 3 funds opened new Franklin Covey positions in Q1 2014 and 7 closed out, a net change of -4 holders.
- The largest Franklin Covey buyer in Q1 2014 was Pembroke Management, an estimated $8.04M added.
- The largest Franklin Covey seller in Q1 2014 was Osmium Partners, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2014.