Flexsteel Industries
FLXS
55 hedge funds and large institutions have $96.3M invested in Flexsteel Industries in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
31% more capital invested
Capital invested by funds: $73.3M → $96.3M (+$22.9M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
12% more funds holding
Funds holding: 49 → 55 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.5M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$335K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$296K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$271K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.27M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$384K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$146K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$112K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$97.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CEMP
51
Compass Efficient Model Portfolios
Brentwood,
Tennessee
| $7K | – | – | – |
|
|
TWA
52
TCI Wealth Advisors
Tucson,
Arizona
| $4K | – | – | – |
|
|
HF
53
Hoxton Financial
Shepherdstown,
West Virginia
| $3K | +$895 | +33 | +49% |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | +$2.09K | +77 | New |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$8K | -306 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$6K | -225 | Closed |
|
FLXS Hedge Fund Activity: Q4 2013 in Review
55 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2013, worth a combined $96.3M — up 31% from $73.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FLXS positions and 2 closed out — a net gain of 6 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $4.5M. The largest seller was Royce & Associates, cutting an estimated $1.27M.
- 55 institutional investors held Flexsteel Industries (FLXS) as of Q4 2013, up from 49 in Q3 2013.
- Funds reported $96.3M of Flexsteel Industries stock for Q4 2013, up 31% quarter-over-quarter.
- 8 funds opened new Flexsteel Industries positions in Q4 2013 and 2 closed out, a net change of +6 holders.
- The largest Flexsteel Industries buyer in Q4 2013 was Wellington Management Group, an estimated $4.5M added.
- The largest Flexsteel Industries seller in Q4 2013 was Royce & Associates, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2013.