On May 15, 2026, Kanen Wealth Management LLC disclosed a new position in Six Flags Entertainment Corporation (NYSE:FUN), acquiring 848,643 shares in an estimated $14.32 million trade based on the quarterly average price.
Six Flags Entertainment operates amusement and water parks across North America, leveraging branded attractions to reach a broad customer base
What happened According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Kanen Wealth Management LLC initiated a new position in Six Flags Entertainment Corporation by purchasing 848,643 shares. The estimated transaction value was $14.32 million, based on the average first-quarter closing price. The fund’s quarter-end position was valued at $15.06 million, including both trading activity and share price movements.
What else to know This was a new position for Kanen, with the Six Flags stake now representing 5.42% of 13F reportable AUM. Top fund holdings after the filing: – NYSE: COMP: $46.85 million (16.8% of AUM) – NASDAQ: ALLT: $30.99 million (11.1% of AUM) – NYSE: BNED: $30.23 million (10.9% of AUM) – NASDAQ: POWW: $23.50 million (8.5% of AUM) – NASDAQ: INSE: $19.12 million (6.9% of AUM) As of May 17, 2026, shares of Six Flags Entertainment were priced at $21.32, down 42.0% over the past year and underperforming the S&P 500 by 67.18 percentage points. Company overview Company snapshot – Operates amusement parks, water parks, and resort properties across 17 states in the U.S., Canada, and Mexico. – Business model centers on providing themed entertainment experiences, leveraging intellectual property such as Looney Tunes, DC Comics, and PEANUTS. – Serves a diverse customer base, including families, tourists, and thrill-seekers seeking attractions and events.