Flexsteel Industries
FLXS
67 hedge funds and large institutions have $106M invested in Flexsteel Industries in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 7 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
52% more capital invested
Capital invested by funds: $69.7M → $106M (+$36M)
7.45% more ownership
Funds ownership: 59.35% → 66.8% (+7.4%)
6% more funds holding
Funds holding: 63 → 67 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
MidWestOne Financial Group
Iowa City,
Iowa
|
+$10.6M |
| 2 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$1.52M |
| 3 |
Renaissance Technologies
New York
|
+$521K |
| 4 |
Squarepoint
New York
|
+$489K |
| 5 |
DCM
Dean Capital Management
Overland Park,
Kansas
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$735K |
| 2 |
Bank of New York Mellon
New York
|
-$701K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$678K |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$631K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$601K |
FLXS Hedge Fund Activity: Q4 2019 in Review
67 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2019, worth a combined $106M — up 52% from $69.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FLXS positions and 7 closed out — a net gain of 4 holders — while 29 added to existing stakes and 15 trimmed.
The largest buyer was MidWestOne Financial Group, adding an estimated $10.6M. The largest seller was Royce & Associates, cutting an estimated $735K.
- 67 institutional investors held Flexsteel Industries (FLXS) as of Q4 2019, up from 63 in Q3 2019.
- Funds reported $106M of Flexsteel Industries stock for Q4 2019, up 52% quarter-over-quarter.
- 11 funds opened new Flexsteel Industries positions in Q4 2019 and 7 closed out, a net change of +4 holders.
- The largest Flexsteel Industries buyer in Q4 2019 was MidWestOne Financial Group, an estimated $10.6M added.
- The largest Flexsteel Industries seller in Q4 2019 was Royce & Associates, an estimated $735K sold.
Based on aggregated 13F filings for Q4 2019.