Franklin Covey
123 hedge funds and large institutions have $385M invested in Franklin Covey in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 20 closing their positions.
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
4.01% more ownership
Funds ownership: 69.77% → 73.78% (+4%)
3% more funds holding
Funds holding: 119 → 123 (+4)
7% more call options, than puts
Call options by funds: $435K | Put options by funds: $408K
5% less capital invested
Capital invested by funds: $403M → $385M (-$18.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$12.9M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.97M |
| 3 |
Morgan Stanley
New York
|
+$5.05M |
| 4 |
HIM
Herald Investment Management
London,
United Kingdom
|
+$4.39M |
| 5 |
HCA
Harbor Capital Advisors
Chicago,
Illinois
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.94M |
| 2 |
AI
Acuitas Investments
Seattle,
Washington
|
-$2.93M |
| 3 |
BCM
Brasada Capital Management
Houston,
Texas
|
-$1.8M |
| 4 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$1.74M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.57M |
FC Hedge Fund Activity: Q1 2024 in Review
123 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Franklin Covey (FC) for Q1 2024, worth a combined $385M — down 4.6% from $403M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FC positions and 20 closed out — a net gain of 4 holders — while 44 added to existing stakes and 39 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $12.9M. The largest seller was Millennium Management, cutting an estimated $2.94M.
- 123 institutional investors held Franklin Covey (FC) as of Q1 2024, up from 119 in Q4 2023.
- Funds reported $385M of Franklin Covey stock for Q1 2024, down 4.6% quarter-over-quarter.
- 24 funds opened new Franklin Covey positions in Q1 2024 and 20 closed out, a net change of +4 holders.
- The largest Franklin Covey buyer in Q1 2024 was AllianceBernstein, an estimated $12.9M added.
- The largest Franklin Covey seller in Q1 2024 was Millennium Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2024.