Funko
FNKO
109 hedge funds and large institutions have $406M invested in Funko in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 39 reducing their positions, and 32 closing their positions.
117% more call options, than puts
Call options by funds: $5.13M | Put options by funds: $2.36M
8% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 39
2.91% less ownership
Funds ownership: 94.26% → 91.35% (-2.9%)
14% less funds holding
Funds holding: 127 → 109 (-18)
14% less capital invested
Capital invested by funds: $474M → $406M (-$67.6M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 32
Top Buyers
Top Sellers
| 1 |
BCP
Bayberry Capital Partners
New York
|
-$16.2M |
| 2 |
Bank of New York Mellon
New York
|
-$7.38M |
| 3 |
GC
Greenlight Capital
New York
|
-$5.69M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$3.39M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$3.04M |
FNKO Hedge Fund Activity: Q1 2023 in Review
109 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q1 2023, worth a combined $406M — down 14% from $474M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FNKO and 16 opened new positions — a net loss of 16 holders — while 39 trimmed existing stakes and 36 added.
The largest buyer was Hood River Capital Management, adding an estimated $13.4M. The largest seller was Bayberry Capital Partners, cutting an estimated $16.2M.
- 109 institutional investors held Funko (FNKO) as of Q1 2023, down from 127 in Q4 2022.
- Funds reported $406M of Funko stock for Q1 2023, down 14% quarter-over-quarter.
- 16 funds opened new Funko positions in Q1 2023 and 32 closed out, a net change of -16 holders.
- The largest Funko buyer in Q1 2023 was Hood River Capital Management, an estimated $13.4M added.
- The largest Funko seller in Q1 2023 was Bayberry Capital Partners, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2023.