Funko
FNKO
108 hedge funds and large institutions have $620M invested in Funko in 2021 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 15 closing their positions.
515% more call options, than puts
Call options by funds: $49.3M | Put options by funds: $8.02M
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
127% more capital invested
Capital invested by funds: $273M → $620M (+$347M)
127% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 15
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
21% more funds holding
Funds holding: 89 → 108 (+19)
13% more ownership
Funds ownership: 73.98% → 86.99% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
+$8.25M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$7.72M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$7.67M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.38M |
| 5 |
Two Sigma Investments
New York
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$6.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.24M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.46M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.8M |
| 5 |
Morgan Stanley
New York
|
-$1.73M |
FNKO Hedge Fund Activity: Q1 2021 in Review
108 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q1 2021, worth a combined $620M — up 127% from $273M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FNKO positions and 15 closed out — a net gain of 19 holders — while 35 added to existing stakes and 25 trimmed.
The largest buyer was No Street GP LP, opening a new position worth an estimated $8.25M. The largest seller was Massachusetts Financial Services, cutting an estimated $6.7M.
- 108 institutional investors held Funko (FNKO) as of Q1 2021, up from 89 in Q4 2020.
- Funds reported $620M of Funko stock for Q1 2021, up 127% quarter-over-quarter.
- 34 funds opened new Funko positions in Q1 2021 and 15 closed out, a net change of +19 holders.
- The largest Funko buyer in Q1 2021 was No Street GP LP, an estimated $8.25M added.
- The largest Funko seller in Q1 2021 was Massachusetts Financial Services, an estimated $6.7M sold.
Based on aggregated 13F filings for Q1 2021.