Flexsteel Industries
FLXS
61 hedge funds and large institutions have $127M invested in Flexsteel Industries in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more capital invested
Capital invested by funds: $96.3M → $127M (+$30.5M)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
11% more funds holding
Funds holding: 55 → 61 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.16M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.15M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.82M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$814K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$1.48M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$939K |
| 3 |
Axa
Paris,
France
|
-$575K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$483K |
| 5 |
FWC
First Washington Corp
Seattle,
Washington
|
-$466K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $54K | +$37K | +1,111 | +326% |
|
52
EARNEST Partners
Atlanta,
Georgia
| $41K | -$16.7K | -500 | -31% |
|
53
US Bancorp
Minneapolis,
Minnesota
| $19K | +$16.7K | +500 | New |
|
54
Creative Planning
Overland Park,
Kansas
| $15K | – | – | – |
|
55
Barclays
London,
United Kingdom
| $10K | -$19.7K | -591 | -67% |
|
|
BJ
56
BlackRock Japan
Tokyo,
Japan
| $7K | +$5.9K | +177 | New |
|
|
TWA
57
TCI Wealth Advisors
Tucson,
Arizona
| $5K | +$33 | +1 | +0.8% |
|
|
LTFS
58
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$500 | -15 | -28% |
|
59
Bank of America
Charlotte,
North Carolina
| $1K | +$933 | +28 | New |
|
60
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$933 | +28 | New |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $71 | +$60.3K | +1,810 | +2,351% |
|
|
62
Axa
Paris,
France
| – | -$575K | -18,701 | Closed |
|
|
S
63
SignatureFD
Atlanta,
Georgia
| – | -$93K | -3,037 | Closed |
|
|
HF
64
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$3K | -100 | Closed |
|
FLXS Hedge Fund Activity: Q1 2014 in Review
61 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q1 2014, worth a combined $127M — up 32% from $96.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FLXS positions and 3 closed out — a net gain of 7 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $4.16M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $1.48M.
- 61 institutional investors held Flexsteel Industries (FLXS) as of Q1 2014, up from 55 in Q4 2013.
- Funds reported $127M of Flexsteel Industries stock for Q1 2014, up 32% quarter-over-quarter.
- 10 funds opened new Flexsteel Industries positions in Q1 2014 and 3 closed out, a net change of +7 holders.
- The largest Flexsteel Industries buyer in Q1 2014 was Wellington Management Group, an estimated $4.16M added.
- The largest Flexsteel Industries seller in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2014.