Function(x) Inc.
FNCX
FNCX was delisted on the 21st of June, 2017.
14 hedge funds and large institutions have $1.16M invested in Function(x) Inc. in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
7% less funds holding
Funds holding: 15 → 14 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
66% less capital invested
Capital invested by funds: $3.38M → $1.16M (-$2.21M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$16.1K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.04K |
| 4 |
Citigroup
New York
|
+$152 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$666K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.7K |
| 3 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
-$8K |
| 4 |
Morgan Stanley
New York
|
-$5.73K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
1
Wolverine Asset Management
Chicago,
Illinois
| $724K | – | – | – |
|
|
BIT
2
BlackRock Institutional Trust
San Francisco,
California
| $192K | – | – | – |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $162K | -$20.7K | -1,635 | -7% |
|
4
Geode Capital Management
Boston,
Massachusetts
| $39K | – | – | – |
|
5
Fidelity Investments
Boston,
Massachusetts
| $20K | – | – | – |
|
|
VKH
6
Virtu KCG Holdings
New York
| $15K | +$16.1K | +1,276 | +144% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $6K | +$10.7K | +848 | New |
|
8
Northern Trust
Chicago,
Illinois
| $4K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$1.9K | -150 | -62% |
|
|
10
UBS Group
Zurich,
Switzerland
| $1K | +$2.04K | +161 | +316% |
|
|
SM
11
Sabby Management
Miami Beach,
Florida
| – | -$666K | -40,634 | Closed |
|
|
RCM
12
Rotella Capital Management
Bellevue,
Washington
| – | -$8K | -505 | Closed |
|
|
13
Morgan Stanley
New York
| – | -$5.73K | -453 | -99% |
|
|
14
Bank of America
Charlotte,
North Carolina
| – | -$5K | -325 | Closed |
|
|
15
Citigroup
New York
| – | +$152 | +12 | New |
|
FNCX Hedge Fund Activity: Q4 2015 in Review
14 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Function(x) Inc. (FNCX) for Q4 2015, worth a combined $1.16M — down 66% from $3.38M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FNCX and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $16.1K. The largest seller was Sabby Management, exiting entirely with an estimated $666K sold.
- 14 institutional investors held Function(x) Inc. (FNCX) as of Q4 2015, down from 15 in Q3 2015.
- Funds reported $1.16M of Function(x) Inc. stock for Q4 2015, down 66% quarter-over-quarter.
- 2 funds opened new Function(x) Inc. positions in Q4 2015 and 3 closed out, a net change of -1 holder.
- The largest Function(x) Inc. buyer in Q4 2015 was Virtu KCG Holdings, an estimated $16.1K added.
- The largest Function(x) Inc. seller in Q4 2015 was Sabby Management, an estimated $666K sold.
Based on aggregated 13F filings for Q4 2015.