Funko
FNKO
122 hedge funds and large institutions have $603M invested in Funko in 2019 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 15 closing their positions.
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
24% more capital invested
Capital invested by funds: $487M → $603M (+$116M)
18% more funds holding
Funds holding: 103 → 122 (+19)
1.34% more ownership
Funds ownership: 81.98% → 83.32% (+1.3%)
9% less call options, than puts
Call options by funds: $4.13M | Put options by funds: $4.53M
Top Buyers
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$11.6M |
| 2 |
BlackRock
New York
|
+$6.54M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
+$6.4M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$4.97M |
| 5 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$4.89M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
126
Systematic Financial Management
Teaneck,
New Jersey
| – | -$518K | -23,855 | Closed |
|
127
Renaissance Technologies
New York
| – | -$443K | -20,400 | Closed |
|
|
GCP
128
GSA Capital Partners
London,
United Kingdom
| – | -$248K | -11,400 | Closed |
|
|
AG
129
Algert Global
San Francisco,
California
| – | -$241K | -11,104 | Closed |
|
130
Parallax Volatility Advisers
San Francisco,
California
| – | -$95.5K | -4,491 | -100% |
|
|
WTB
131
Washington Trust Bank
Spokane,
Washington
| – | -$35K | -1,600 | Closed |
|
|
SWM
132
SeaCrest Wealth Management
Purchase,
New York
| – | -$4K | -200 | Closed |
|
|
MIM
133
Macroview Investment Management
Bethesda,
Maryland
| – | -$4K | -174 | Closed |
|
|
PHK
134
Point72 Hong Kong
Hong Kong
| – | -$2K | -96 | Closed |
|
|
ASN
135
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -60 | Closed |
|
|
PO
136
Private Ocean
San Rafael,
California
| – | +$425 | +20 | New |
|
FNKO Hedge Fund Activity: Q2 2019 in Review
122 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q2 2019, worth a combined $603M — up 24% from $487M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FNKO positions and 15 closed out — a net gain of 22 holders — while 50 added to existing stakes and 23 trimmed.
The largest buyer was Van Berkom & Associates, opening a new position worth an estimated $11.6M. The largest seller was Spark Investment Management, exiting entirely with an estimated $11.8M sold.
- 122 institutional investors held Funko (FNKO) as of Q2 2019, up from 103 in Q1 2019.
- Funds reported $603M of Funko stock for Q2 2019, up 24% quarter-over-quarter.
- 37 funds opened new Funko positions in Q2 2019 and 15 closed out, a net change of +22 holders.
- The largest Funko buyer in Q2 2019 was Van Berkom & Associates, an estimated $11.6M added.
- The largest Funko seller in Q2 2019 was Spark Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2019.