Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Six Flags Entertainment Corp (FUN)

308 + 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
56%

Smart Money Signals — FUN

Based on 313 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added FUN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
313 funds currently hold this stock — 91% of the 3.0-year high of 345 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
18 fewer hedge funds hold FUN compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 56% buying

160 buying125 selling
Last quarter: 160 funds bought or added vs 125 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~55 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 55 → 69 → 50 → 55. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 33% medium ■ 22% new
143 out of 313 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.
💰

Price up while funds trimmed (+20% value, -2% shares)

Value
+20%
Shares
-2%
Last quarter: total value of institutional FUN holdings rose +20% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📊

Peak discovery — momentum slowing

51 → 55 → 69 → 50 → 55 new funds/Q
New funds entering each quarter: 55 → 69 → 50 → 55. FUN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 48% veterans vs 22% newcomers

■ 48% veterans ■ 29% 1-2yr ■ 22% new
Entry-cohort mix of 329 holders: 159 (48%) are 2+ year veterans, 96 entered 1–2 years ago, and 74 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
49 of 311 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in FUN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 Q2, 160 hedge funds were net buyers of FUN (55 opened a new position, 105 added to an existing one), while 125 reduced or exited (82 trimmed, 43 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 46% of total institutional value in FUN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 313.

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 Q2 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 June 30, 2026 · 88d ago
FUN
-42.2%
XLY
-6.1%

FUN outperformed XLY by -36.1% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 43d ago
FUN
-24.9%
XLY
-6.8%

Since the filing became public, FUN outperformed XLY by -18.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 4 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: FUN
308 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 308 301 2.33%
13F Shares 112M 117M -4.38%
Total Value $2.36B $2.06B 14.83%
New Positions 54 50 +4
Increased Positions 98 76 +22
Closed Positions 45 60 -15
Reduced Positions 78 94 -16
Total Calls 10 10 -
Total Puts 8 10 -20.0%
PUT/CALL Ratio 0.8 1.0 Neutral

Statistics: FUN

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

308 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 H Partners Management, LLC 54.51% 4,900,000 $104.4M
2 Darlington Partners Capital Management, LP 7.24% 7,700,000 $164.0M
3 13D Management LLC 5.57% 186,500 $4.0M
4 Dendur Capital LP 5.54% 4,953,500 $105.5M
5 JANA Partners Management, LP 4.61% 4,116,099 $87.7M
6 Kanen Wealth Management LLC 4.24% 832,335 $17.5M
7 Sachem Head Capital Management LP 2.22% 5,030,000 $107.1M
8 Manatuck Hill Partners, LLC 2.19% 310,000 $6.6M
9 Chescapmanager LLC 2.03% 1,121,254 $23.9M
10 Long Pond Capital, LP 2.01% 979,395 $20.9M
11 Hawk Ridge Capital Management LP 1.92% 2,810,993 $59.9M
12 Barnett & Company, Inc. 1.57% 99,472 $2.1M
13 Orvieto Partners, L.P. 1.11% 80,000 $1.7M
14 Savoir Faire Capital Management, L.P. 0.82% 62,210 $1.3M
15 Glenview Capital Management, LLC 0.78% 2,017,821 $43.0M
16 Clearline Capital LP 0.71% 557,131 $11.9M
17 Contrarian Capital Management, L.L.C. 0.70% 100,000 $2.1M
18 Rush Island Management, LP 0.59% 418,946 $8.9M
19 Invenomic Capital Management LP 0.55% 431,403 $9.2M
20 Chescapmanager LLC 0.47% 258,900 $5.5M
21 Bridgefront Capital, LLC 0.31% 54,646 $1.2M
22 Bayforest Capital Ltd 0.28% 14,242 $303K
23 Twin Lakes Capital Management, LLC 0.28% 33,808 $720K
24 Aull & Monroe Investment Management Corp 0.27% 30,150 $642K
25 Silver Point Capital L.P. 0.25% 130,000 $2.8M
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added FUN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FUN?

Slight buying edge — 56% buying: Last quarter: 160 funds bought or added vs 125 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FUN holders?

Elite ownership — 46% AUM from top-100 funds: 49 of 311 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in FUN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FUN?

46% of holders stayed for 2+ years: 143 out of 313 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 Q2 hedge fund 13F filings?

As of today, FUN has moved -24.9% since the 2026 Q2 13F filing date (August 14, 2026), compared to -6.8% for the XLY sector ETF — an outperformance of -18.1%. Since the quarter end (June 30, 2026), FUN has gained -42.2% vs -6.1% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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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