Flexsteel Industries
FLXS
88 hedge funds and large institutions have $279M invested in Flexsteel Industries in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 10 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
9% more capital invested
Capital invested by funds: $256M → $279M (+$22.4M)
0.66% more ownership
Funds ownership: 65.22% → 65.88% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 91 → 88 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.12M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.96M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.86M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$922K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$877K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.63M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.21M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$756K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$740K |
FLXS Hedge Fund Activity: Q2 2017 in Review
88 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q2 2017, worth a combined $279M — up 8.7% from $256M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FLXS and 7 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 38 added.
The largest buyer was BlackRock, adding an estimated $2.12M. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $2.63M sold.
- 88 institutional investors held Flexsteel Industries (FLXS) as of Q2 2017, down from 91 in Q1 2017.
- Funds reported $279M of Flexsteel Industries stock for Q2 2017, up 8.7% quarter-over-quarter.
- 7 funds opened new Flexsteel Industries positions in Q2 2017 and 10 closed out, a net change of -3 holders.
- The largest Flexsteel Industries buyer in Q2 2017 was BlackRock, an estimated $2.12M added.
- The largest Flexsteel Industries seller in Q2 2017 was Mariner Independent Advisor Network, an estimated $2.63M sold.
Based on aggregated 13F filings for Q2 2017.