Funko
FNKO
82 hedge funds and large institutions have $155M invested in Funko in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 28 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
38% more capital invested
Capital invested by funds: $112M → $155M (+$42.9M)
13% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $898K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.93% less ownership
Funds ownership: 80.47% → 76.54% (-3.9%)
14% less funds holding
Funds holding: 95 → 82 (-13)
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGM
Parian Global Management
Pound Ridge,
New York
|
+$4.75M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.98M |
| 3 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
+$2.34M |
| 4 |
Morgan Stanley
New York
|
+$1.85M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$8.76M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$3.7M |
| 3 |
Two Sigma Investments
New York
|
-$2.7M |
| 4 |
Millennium Management
New York
|
-$1.4M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$950K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Principal Financial Group
Des Moines,
Iowa
| – | -$45K | -11,160 | Closed |
|
|
FC
102
FORA Capital
Miami,
Florida
| – | -$31K | -7,657 | Closed |
|
|
PI
103
PEAK6 Investments
Chicago,
Illinois
| – | -$21K | -5,345 | Closed |
|
104
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$16K | -4,079 | Closed |
|
105
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$6K | -1,600 | Closed |
|
106
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$6K | -1,397 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | -$3K | -679 | Closed |
|
108
Simplex Trading
Chicago,
Illinois
| – | -$3.18K | -657 | Closed |
|
FNKO Hedge Fund Activity: Q2 2020 in Review
82 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q2 2020, worth a combined $155M — up 38% from $112M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FNKO and 15 opened new positions — a net loss of 13 holders — while 20 trimmed existing stakes and 31 added.
The largest buyer was Parian Global Management, opening a new position worth an estimated $4.75M. The largest seller was Massachusetts Financial Services, cutting an estimated $8.76M.
- 82 institutional investors held Funko (FNKO) as of Q2 2020, down from 95 in Q1 2020.
- Funds reported $155M of Funko stock for Q2 2020, up 38% quarter-over-quarter.
- 15 funds opened new Funko positions in Q2 2020 and 28 closed out, a net change of -13 holders.
- The largest Funko buyer in Q2 2020 was Parian Global Management, an estimated $4.75M added.
- The largest Funko seller in Q2 2020 was Massachusetts Financial Services, an estimated $8.76M sold.
Based on aggregated 13F filings for Q2 2020.