Function(x) Inc.
FNCX
FNCX was delisted on the 21st of June, 2017.
9 hedge funds and large institutions have $724K invested in Function(x) Inc. in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 7 closing their positions.
23% less capital invested
Capital invested by funds: $945K → $724K (-$221K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
40% less funds holding
Funds holding: 15 → 9 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$6K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$57 |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$23 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$113K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$31K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$11K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
1
Wolverine Asset Management
Chicago,
Illinois
| $450K | -$113K | -20,000 | -20% |
|
|
BIT
2
BlackRock Institutional Trust
San Francisco,
California
| $148K | -$6 | -1 | -0% |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $117K | -$6.38K | -1,128 | -5% |
|
|
4
UBS Group
Zurich,
Switzerland
| $9K | +$6K | +1,060 | +174% |
|
|
5
Geode Capital Management
Boston,
Massachusetts
| – | -$31K | -5,546 | Closed |
|
|
6
Fidelity Investments
Boston,
Massachusetts
| – | -$16K | -2,813 | Closed |
|
|
VKH
7
Virtu KCG Holdings
New York
| – | -$11K | -1,868 | Closed |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$9K | -1,616 | Closed |
|
9
Goldman Sachs
New York
| – | -$4K | -761 | Closed |
|
10
Northern Trust
Chicago,
Illinois
| – | -$4K | -630 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | +$23 | +4 | New |
|
|
BFA
12
BlackRock Fund Advisors
San Francisco,
California
| – | +$57 | +10 | +22% |
|
FNCX Hedge Fund Activity: Q3 2016 in Review
9 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Function(x) Inc. (FNCX) for Q3 2016, worth a combined $724K — down 23% from $945K a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNCX and 1 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was UBS Group, adding an estimated $6K. The largest seller was Wolverine Asset Management, cutting an estimated $113K.
- 9 institutional investors held Function(x) Inc. (FNCX) as of Q3 2016, down from 15 in Q2 2016.
- Funds reported $724K of Function(x) Inc. stock for Q3 2016, down 23% quarter-over-quarter.
- 1 fund opened new Function(x) Inc. positions in Q3 2016 and 7 closed out, a net change of -6 holders.
- The largest Function(x) Inc. buyer in Q3 2016 was UBS Group, an estimated $6K added.
- The largest Function(x) Inc. seller in Q3 2016 was Wolverine Asset Management, an estimated $113K sold.
Based on aggregated 13F filings for Q3 2016.