Funko
FNKO
120 hedge funds and large institutions have $545M invested in Funko in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 55 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
12% more call options, than puts
Call options by funds: $9.08M | Put options by funds: $8.08M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6.31% less ownership
Funds ownership: 97.31% → 91% (-6.3%)
16% less capital invested
Capital invested by funds: $651M → $545M (-$106M)
17% less funds holding
Funds holding: 145 → 120 (-25)
45% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$29.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$13.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$7.83M |
| 4 |
SC
Sepio Capital
Salt Lake City,
Utah
|
+$7.06M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$30.5M |
| 2 |
Millennium Management
New York
|
-$17.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.8M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$8.17M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$5.9M |
FNKO Hedge Fund Activity: Q4 2019 in Review
120 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q4 2019, worth a combined $545M — down 16% from $651M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of FNKO and 30 opened new positions — a net loss of 25 holders — while 23 trimmed existing stakes and 50 added.
The largest buyer was Van Berkom & Associates, adding an estimated $29.9M. The largest seller was JP Morgan Chase, cutting an estimated $30.5M.
- 120 institutional investors held Funko (FNKO) as of Q4 2019, down from 145 in Q3 2019.
- Funds reported $545M of Funko stock for Q4 2019, down 16% quarter-over-quarter.
- 30 funds opened new Funko positions in Q4 2019 and 55 closed out, a net change of -25 holders.
- The largest Funko buyer in Q4 2019 was Van Berkom & Associates, an estimated $29.9M added.
- The largest Funko seller in Q4 2019 was JP Morgan Chase, an estimated $30.5M sold.
Based on aggregated 13F filings for Q4 2019.