Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Six Flags Entertainment Corp (FUN)

297 + Investors. Track Smart Money conviction in FUN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — FUN

Based on 298 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FUN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 87% of 3.0Y peak

87% of all-time peak
298 funds currently hold this stock — 87% of the 3.0-year high of 343 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 9% fewer funds vs a year ago

fund count last 6Q
31 fewer hedge funds hold FUN compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

130 buying159 selling
Last quarter: 159 funds reduced or exited vs 130 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 50 → 55 → 68 → 49. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 35% medium ■ 22% new
127 out of 298 hedge funds have held FUN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

49 → 50 → 55 → 68 → 49 new funds/Q
New funds entering each quarter: 50 → 55 → 68 → 49. A growing number of institutions are discovering FUN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 49% of holders stayed 2+ years

■ 49% veterans ■ 27% 1-2yr ■ 24% new
Of 312 current holders: 154 (49%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
45 of 298 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FUN

In 2026 Q1, 130 hedge funds were net buyers of FUN (49 opened a new position, 81 added to an existing one), while 159 reduced or exited (98 trimmed, 61 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 34% of total institutional value in FUN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 298.

Hedge Fund Ownership: FUN

How many hedge funds hold FUN — quarterly history vs. share price
Quarterly hedge fund ownership of FUN vs. share price

Market Analysis: FUN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FUN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Six Flags Entertainment Corp (FUN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FUN has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
FUN
+37.7%
XLY
+8.9%

FUN outperformed XLY by +28.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
FUN
+14.7%
XLY
+1.9%

Since the filing became public, FUN outperformed XLY by +12.8% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 3 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: FUN
297 + Investors

Track Smart Money conviction in FUN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 297 310 -4.19%
13F Shares 117M 115M 1.77%
Total Value $2.05B $1.91B 7.41%
New Positions 48 68 -20
Increased Positions 76 82 -6
Closed Positions 61 63 -2
Reduced Positions 93 98 -5
Total Calls 10 20 -50.0%
Total Puts 10 14 -28.57%
PUT/CALL Ratio 1.0 0.7 Neutral

Statistics: FUN

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Institutional Holders (2026 Q1)

297 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FUN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FUN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 H Partners Management, LLC 53.68% 4,650,000 $82.5M
2 Darlington Partners Capital Management, LP 6.94% 8,700,000 $154.4M
3 Dendur Capital LP 6.44% 4,953,500 $87.9M
4 Kanen Wealth Management LLC 5.42% 848,643 $15.1M
5 13D Management LLC 5.13% 186,500 $3.3M
6 JANA Partners Management, LP 4.55% 4,116,099 $73.1M
7 Sapience Investments, LLC 2.32% 1,011 $18K
8 Sachem Head Capital Management LP 2.15% 5,030,000 $89.3M
9 Darwins River Capital, LP 1.95% 205,511 $3.6M
10 Land & Buildings Investment Management, LLC 1.93% 642,336 $11.4M
11 Chescapmanager LLC 1.78% 1,121,254 $19.9M
12 Long Pond Capital, LP 1.27% 750,424 $13.3M
13 Converium Capital Inc. 1.23% 101,500 $1.6M
14 Invenomic Capital Management LP 1.16% 1,426,167 $25.3M
15 Barnett & Company, Inc. 1.11% 80,478 $1.4M
16 Rush Island Management, LP 1.10% 927,829 $16.5M
17 Glenview Capital Management, LLC 0.99% 2,223,149 $39.5M
18 Orvieto Partners, L.P. 0.99% 65,000 $1.2M
19 Hawk Ridge Capital Management LP 0.88% 1,368,578 $24.3M
20 Savoir Faire Capital Management, L.P. 0.85% 79,293 $1.4M
21 Tejara Capital Ltd 0.83% 141,309 $2.5M
22 Creek Drive Management Group LLC 0.63% 155,000 $2.8M
23 Oakum Bay Capital LLC 0.59% 61,922 $1.1M
24 Clearline Capital LP 0.52% 561,011 $10.0M
25 Chescapmanager LLC 0.41% 258,900 $4.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Six Flags Entertainment Corp (FUN)

What does the Smart Money Trend signal show for FUN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FUN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FUN?

More sellers than buyers — 45% buying: Last quarter: 159 funds reduced or exited vs 130 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FUN holders?

Strong quality — 34% AUM from major funds: 45 of 298 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FUN?

43% of holders stayed for 2+ years: 127 out of 298 hedge funds have held FUN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Six Flags Entertainment Corp (FUN) following the 2026 Q1 hedge fund 13F filings?

As of today, FUN has moved +14.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.9% for the XLY sector ETF — an outperformance of +12.8%. Since the quarter end (March 31, 2026), FUN has gained +37.7% vs +8.9% for XLY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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