Funko
FNKO
105 hedge funds and large institutions have $489M invested in Funko in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 34 reducing their positions, and 16 closing their positions.
130% more call options, than puts
Call options by funds: $5.05M | Put options by funds: $2.2M
20% more capital invested
Capital invested by funds: $406M → $489M (+$83M)
4.09% more ownership
Funds ownership: 91.35% → 95.44% (+4.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 34
4% less funds holding
Funds holding: 109 → 105 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
+$49.4M |
| 2 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$6.88M |
| 3 |
BCP
Bayberry Capital Partners
New York
|
+$4.86M |
| 4 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$4.4M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$21.4M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$10.1M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$7.57M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$6.08M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.93M |
FNKO Hedge Fund Activity: Q2 2023 in Review
105 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q2 2023, worth a combined $489M — up 20% from $406M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FNKO and 12 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 34 added.
The largest buyer was Working Capital Advisors (UK), adding an estimated $49.4M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $21.4M sold.
- 105 institutional investors held Funko (FNKO) as of Q2 2023, down from 109 in Q1 2023.
- Funds reported $489M of Funko stock for Q2 2023, up 20% quarter-over-quarter.
- 12 funds opened new Funko positions in Q2 2023 and 16 closed out, a net change of -4 holders.
- The largest Funko buyer in Q2 2023 was Working Capital Advisors (UK), an estimated $49.4M added.
- The largest Funko seller in Q2 2023 was Hood River Capital Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q2 2023.