Funko
FNKO
145 hedge funds and large institutions have $651M invested in Funko in 2019 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 57 increasing their positions, 33 reducing their positions, and 18 closing their positions.
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
73% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 33
19% more funds holding
Funds holding: 122 → 145 (+23)
13.99% more ownership
Funds ownership: 83.32% → 97.31% (+14%)
7% more capital invested
Capital invested by funds: $611M → $651M (+$39.9M)
2% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $6.82M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$39.4M |
| 2 |
JP Morgan Chase
New York
|
+$36.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$28.7M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$19.8M |
| 5 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AEM
ACON Equity Management
Washington,
District of Columbia
|
-$46M |
| 2 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
-$17.3M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$10.8M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$7.29M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$4.1M |
FNKO Hedge Fund Activity: Q3 2019 in Review
145 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q3 2019, worth a combined $651M — up 6.5% from $611M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FNKO positions and 18 closed out — a net gain of 23 holders — while 57 added to existing stakes and 33 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $39.4M. The largest seller was ACON Equity Management, cutting an estimated $46M.
- 145 institutional investors held Funko (FNKO) as of Q3 2019, up from 122 in Q2 2019.
- Funds reported $651M of Funko stock for Q3 2019, up 6.5% quarter-over-quarter.
- 41 funds opened new Funko positions in Q3 2019 and 18 closed out, a net change of +23 holders.
- The largest Funko buyer in Q3 2019 was Van Berkom & Associates, an estimated $39.4M added.
- The largest Funko seller in Q3 2019 was ACON Equity Management, an estimated $46M sold.
Based on aggregated 13F filings for Q3 2019.