Funko
FNKO
94 hedge funds and large institutions have $260M invested in Funko in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 15 closing their positions.
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
11% more funds holding
Funds holding: 85 → 94 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $2.92M
2.8% less ownership
Funds ownership: 82.89% → 80.09% (-2.8%)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
44% less capital invested
Capital invested by funds: $462M → $260M (-$202M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$10.1M |
| 2 |
SIM
Spark Investment Management
New York
|
+$4.1M |
| 3 |
OCM
Osterweis Capital Management
San Francisco,
California
|
+$3.54M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$2.64M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
-$9.62M |
| 2 |
SG Americas Securities
New York
|
-$2.62M |
| 3 |
JP Morgan Chase
New York
|
-$2.56M |
| 4 |
Renaissance Technologies
New York
|
-$1.68M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
101
FNY Investment Advisers
New York
| – | -$75K | -3,170 | Closed |
|
|
SWP
102
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$23K | -959 | Closed |
|
|
SFM
103
Signet Financial Management
Parsippany,
New Jersey
| – | -$11K | -481 | Closed |
|
104
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -190 | Closed |
|
|
MAM
105
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -59 | Closed |
|
|
TPWA
106
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$1.19K | -50 | Closed |
|
|
VCM
107
Versant Capital Management
Phoenix,
Arizona
| – | +$367 | +22 | New |
|
FNKO Hedge Fund Activity: Q4 2018 in Review
94 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q4 2018, worth a combined $260M — down 44% from $462M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FNKO positions and 15 closed out — a net gain of 10 holders — while 26 added to existing stakes and 29 trimmed.
The largest buyer was Woodson Capital Management, adding an estimated $10.1M. The largest seller was Pier Capital, exiting entirely with an estimated $9.62M sold.
- 94 institutional investors held Funko (FNKO) as of Q4 2018, up from 85 in Q3 2018.
- Funds reported $260M of Funko stock for Q4 2018, down 44% quarter-over-quarter.
- 25 funds opened new Funko positions in Q4 2018 and 15 closed out, a net change of +10 holders.
- The largest Funko buyer in Q4 2018 was Woodson Capital Management, an estimated $10.1M added.
- The largest Funko seller in Q4 2018 was Pier Capital, an estimated $9.62M sold.
Based on aggregated 13F filings for Q4 2018.