Chescapmanager LLC Grows Stake in Six Flags Entertainment Corporation $FUN

Market Beat
2026.03.15 10:17
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Chescapmanager LLC increased its stake in Six Flags Entertainment Corporation (NYSE:FUN) by 23.8% in Q3, now holding 788,776 shares valued at approximately $17.9 million. Other hedge funds also adjusted their positions, with Vanguard Group owning 10,067,759 shares. Six Flags' stock rose 2.7% to $16.00, despite a recent earnings miss and ongoing balance-sheet concerns. Analysts remain cautious about the impact of a new partnership with NFL's Travis Kelce on attendance and revenue, given the company's high debt and negative net margin.