Function(x) Inc.
FNCX
FNCX was delisted on the 21st of June, 2017.
16 hedge funds and large institutions have $769K invested in Function(x) Inc. in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
14% more funds holding
Funds holding: 14 → 16 (+2)
34% less capital invested
Capital invested by funds: $1.16M → $769K (-$395K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.6K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.14K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.67K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$345 |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$290 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$15K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$974 |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$297 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
1
Wolverine Asset Management
Chicago,
Illinois
| $491K | – | – | – |
|
|
BIT
2
BlackRock Institutional Trust
San Francisco,
California
| $131K | – | – | – |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $108K | – | – | – |
|
4
Fidelity Investments
Boston,
Massachusetts
| $14K | – | – | – |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $9K | +$7.14K | +1,033 | +122% |
|
|
6
Citadel Advisors
Miami,
Florida
| $9K | +$12.6K | +1,824 | New |
|
|
GC
7
Guggenheim Capital
Chicago,
Illinois
| $4K | +$5.67K | +821 | New |
|
8
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
9
Geode Capital Management
Boston,
Massachusetts
| $26 | – | – | – |
|
|
VKH
10
Virtu KCG Holdings
New York
| – | -$15K | -2,165 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$974 | -141 | -67% |
|
|
LTFS
12
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$297 | -43 | -46% |
|
|
BFA
13
BlackRock Fund Advisors
San Francisco,
California
| – | +$290 | +42 | New |
|
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$345 | +50 | New |
|
FNCX Hedge Fund Activity: Q1 2016 in Review
16 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Function(x) Inc. (FNCX) for Q1 2016, worth a combined $769K — down 34% from $1.16M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNCX positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $12.6K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $15K sold.
- 16 institutional investors held Function(x) Inc. (FNCX) as of Q1 2016, up from 14 in Q4 2015.
- Funds reported $769K of Function(x) Inc. stock for Q1 2016, down 34% quarter-over-quarter.
- 4 funds opened new Function(x) Inc. positions in Q1 2016 and 2 closed out, a net change of +2 holders.
- The largest Function(x) Inc. buyer in Q1 2016 was Citadel Advisors, an estimated $12.6K added.
- The largest Function(x) Inc. seller in Q1 2016 was Virtu KCG Holdings, an estimated $15K sold.
Based on aggregated 13F filings for Q1 2016.