Funko
FNKO
126 hedge funds and large institutions have $474M invested in Funko in 2022 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 39 closing their positions.
286% more call options, than puts
Call options by funds: $8.86M | Put options by funds: $2.3M
27.67% more ownership
Funds ownership: 64.42% → 92.09% (+28%)
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
13% less funds holding
Funds holding: 145 → 126 (-19)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
22% less capital invested
Capital invested by funds: $610M → $474M (-$136M)
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$44.8M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$35M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
+$20.5M |
| 4 |
BCP
Bayberry Capital Partners
New York
|
+$10M |
| 5 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$24M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$17.9M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$17.3M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$10.7M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$10.3M |
FNKO Hedge Fund Activity: Q4 2022 in Review
126 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q4 2022, worth a combined $474M — down 22% from $610M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FNKO and 22 opened new positions — a net loss of 17 holders — while 43 trimmed existing stakes and 46 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $44.8M. The largest seller was Alta Fox Capital Management, exiting entirely with an estimated $24M sold.
- 126 institutional investors held Funko (FNKO) as of Q4 2022, down from 145 in Q3 2022.
- Funds reported $474M of Funko stock for Q4 2022, down 22% quarter-over-quarter.
- 22 funds opened new Funko positions in Q4 2022 and 39 closed out, a net change of -17 holders.
- The largest Funko buyer in Q4 2022 was Massachusetts Financial Services, an estimated $44.8M added.
- The largest Funko seller in Q4 2022 was Alta Fox Capital Management, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2022.