Funko
FNKO
132 hedge funds and large institutions have $726M invested in Funko in 2021 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 16 closing their positions.
1,067% more call options, than puts
Call options by funds: $28M | Put options by funds: $2.4M
150% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 16
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
22% more funds holding
Funds holding: 108 → 132 (+24)
17% more capital invested
Capital invested by funds: $621M → $726M (+$105M)
3.94% more ownership
Funds ownership: 86.99% → 90.93% (+3.9%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$15M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$13.7M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$11.8M |
| 4 |
Goldman Sachs
New York
|
+$8.33M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AEM
ACON Equity Management
Washington,
District of Columbia
|
-$15.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11M |
| 3 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
-$7.38M |
| 4 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
-$6.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.12M |
FNKO Hedge Fund Activity: Q2 2021 in Review
132 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q2 2021, worth a combined $726M — up 17% from $621M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FNKO positions and 16 closed out — a net gain of 24 holders — while 46 added to existing stakes and 31 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $15M. The largest seller was ACON Equity Management, cutting an estimated $15.1M.
- 132 institutional investors held Funko (FNKO) as of Q2 2021, up from 108 in Q1 2021.
- Funds reported $726M of Funko stock for Q2 2021, up 17% quarter-over-quarter.
- 40 funds opened new Funko positions in Q2 2021 and 16 closed out, a net change of +24 holders.
- The largest Funko buyer in Q2 2021 was Driehaus Capital Management, an estimated $15M added.
- The largest Funko seller in Q2 2021 was ACON Equity Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2021.