Funko
FNKO
50 hedge funds and large institutions have $150M invested in Funko in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 17 closing their positions.
19% more capital invested
Capital invested by funds: $127M → $150M (+$23.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.14% less ownership
Funds ownership: 81.57% → 78.43% (-3.1%)
15% less funds holding
Funds holding: 59 → 50 (-9)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
41% less call options, than puts
Call options by funds: $89K | Put options by funds: $152K
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.13M |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$919K |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$855K |
| 4 |
State Street
Boston,
Massachusetts
|
+$476K |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.83M |
| 2 |
Two Sigma Investments
New York
|
-$1.2M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$1.1M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.05M |
| 5 |
Goldman Sachs
New York
|
-$606K |
FNKO Hedge Fund Activity: Q1 2018 in Review
50 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q1 2018, worth a combined $150M — up 19% from $127M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FNKO and 8 opened new positions — a net loss of 9 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, adding an estimated $1.13M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.83M sold.
- 50 institutional investors held Funko (FNKO) as of Q1 2018, down from 59 in Q4 2017.
- Funds reported $150M of Funko stock for Q1 2018, up 19% quarter-over-quarter.
- 8 funds opened new Funko positions in Q1 2018 and 17 closed out, a net change of -9 holders.
- The largest Funko buyer in Q1 2018 was Citadel Advisors, an estimated $1.13M added.
- The largest Funko seller in Q1 2018 was Laurion Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q1 2018.