Funko
FNKO
85 hedge funds and large institutions have $462M invested in Funko in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 28 increasing their positions, 10 reducing their positions, and 14 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 10
164% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 14
103% more capital invested
Capital invested by funds: $228M → $462M (+$234M)
35% more funds holding
Funds holding: 63 → 85 (+22)
5.05% more ownership
Funds ownership: 77.84% → 82.89% (+5.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
71% less call options, than puts
Call options by funds: $4.92M | Put options by funds: $17.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.7M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$8.15M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.92M |
| 4 |
SIM
Spark Investment Management
New York
|
+$3.9M |
| 5 |
SG Americas Securities
New York
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$13.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.12M |
| 3 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$2.92M |
| 4 |
FS
Feinberg Stephen
|
-$2.24M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$1.69M |
FNKO Hedge Fund Activity: Q3 2018 in Review
85 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q3 2018, worth a combined $462M — up 103% from $228M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FNKO positions and 14 closed out — a net gain of 23 holders — while 28 added to existing stakes and 10 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $10.7M. The largest seller was JP Morgan Chase, cutting an estimated $13.1M.
- 85 institutional investors held Funko (FNKO) as of Q3 2018, up from 63 in Q2 2018.
- Funds reported $462M of Funko stock for Q3 2018, up 103% quarter-over-quarter.
- 37 funds opened new Funko positions in Q3 2018 and 14 closed out, a net change of +23 holders.
- The largest Funko buyer in Q3 2018 was Renaissance Technologies, an estimated $10.7M added.
- The largest Funko seller in Q3 2018 was JP Morgan Chase, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2018.