Funko
FNKO
126 hedge funds and large institutions have $248M invested in Funko in 2025 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 26 reducing their positions, and 40 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.55% less ownership
Funds ownership: 96.49% → 95.94% (-0.55%)
9% less funds holding
Funds holding: 138 → 126 (-12)
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
30% less capital invested
Capital invested by funds: $357M → $248M (-$109M)
77% less call options, than puts
Call options by funds: $4.15M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$5.56M |
| 2 |
JP Morgan Chase
New York
|
+$4.03M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$3.63M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.19M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
-$11.6M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.51M |
| 3 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$4.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.54M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$3.42M |
FNKO Hedge Fund Activity: Q2 2025 in Review
126 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Funko (FNKO) for Q2 2025, worth a combined $248M — down 30% from $357M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FNKO and 29 opened new positions — a net loss of 11 holders — while 26 trimmed existing stakes and 52 added.
The largest buyer was Ararat Capital Management, opening a new position worth an estimated $5.56M. The largest seller was Working Capital Advisors (UK), cutting an estimated $11.6M.
- 126 institutional investors held Funko (FNKO) as of Q2 2025, down from 138 in Q1 2025.
- Funds reported $248M of Funko stock for Q2 2025, down 30% quarter-over-quarter.
- 29 funds opened new Funko positions in Q2 2025 and 40 closed out, a net change of -11 holders.
- The largest Funko buyer in Q2 2025 was Ararat Capital Management, an estimated $5.56M added.
- The largest Funko seller in Q2 2025 was Working Capital Advisors (UK), an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2025.