Franklin Wireless
FKWL
23 hedge funds and large institutions have $17.1M invested in Franklin Wireless in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
21% more funds holding
Funds holding: 19 → 23 (+4)
1.3% more ownership
Funds ownership: 18.92% → 20.22% (+1.3%)
16% less capital invested
Capital invested by funds: $20.4M → $17.1M (-$3.21M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WVP
Worth Venture Partners
Fort Lee,
New Jersey
|
+$1.66M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$403K |
| 4 |
State Street
Boston,
Massachusetts
|
+$134K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.11M |
| 2 |
Renaissance Technologies
New York
|
-$175K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$139K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$27K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$14.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| – | -$17 | -2 | -4% |
|
FKWL Hedge Fund Activity: Q3 2021 in Review
23 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Franklin Wireless (FKWL) for Q3 2021, worth a combined $17.1M — down 16% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FKWL positions and 3 closed out — a net gain of 4 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Worth Venture Partners, opening a new position worth an estimated $1.66M. The largest seller was Kennedy Capital Management, cutting an estimated $2.11M.
- 23 institutional investors held Franklin Wireless (FKWL) as of Q3 2021, up from 19 in Q2 2021.
- Funds reported $17.1M of Franklin Wireless stock for Q3 2021, down 16% quarter-over-quarter.
- 7 funds opened new Franklin Wireless positions in Q3 2021 and 3 closed out, a net change of +4 holders.
- The largest Franklin Wireless buyer in Q3 2021 was Worth Venture Partners, an estimated $1.66M added.
- The largest Franklin Wireless seller in Q3 2021 was Kennedy Capital Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2021.