Flexsteel Industries
FLXS
51 hedge funds and large institutions have $98M invested in Flexsteel Industries in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
4.44% less ownership
Funds ownership: 58.3% → 53.86% (-4.4%)
11% less funds holding
Funds holding: 57 → 51 (-6)
20% less capital invested
Capital invested by funds: $123M → $98M (-$24.9M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.02M |
| 2 |
Bank of New York Mellon
New York
|
+$317K |
| 3 |
Barclays
London,
United Kingdom
|
+$150K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$83.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$7.28M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$705K |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$534K |
| 4 |
Renaissance Technologies
New York
|
-$525K |
| 5 |
Two Sigma Advisers
New York
|
-$466K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Two Sigma Advisers
New York
| – | -$466K | -15,100 | Closed |
|
52
Millennium Management
New York
| – | -$228K | -7,382 | Closed |
|
53
RhumbLine Advisers
Boston,
Massachusetts
| – | -$211K | -6,834 | Closed |
|
|
OSAM
54
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$159K | -5,162 | Closed |
|
|
HI
55
Harbour Investments
Madison,
Wisconsin
| – | -$141K | -4,572 | Closed |
|
56
SG Americas Securities
New York
| – | -$128K | -4,154 | Closed |
|
57
Russell Investments Group
London,
United Kingdom
| – | -$61K | -2,000 | Closed |
|
58
Lazard Asset Management
New York
| – | -$49K | -1,602 | Closed |
|
|
BMD
59
Better Money Decisions
Santa Fe,
New Mexico
| – | -$5K | -164 | Closed |
|
|
MAM
60
Meeder Asset Management
Dublin,
Ohio
| – | -$201 | -7 | -64% |
|
61
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$29 | +1 | New |
|
FLXS Hedge Fund Activity: Q4 2021 in Review
51 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2021, worth a combined $98M — down 20% from $123M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FLXS and 5 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 20 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.02M. The largest seller was Ophir Asset Management, exiting entirely with an estimated $7.28M sold.
- 51 institutional investors held Flexsteel Industries (FLXS) as of Q4 2021, down from 57 in Q3 2021.
- Funds reported $98M of Flexsteel Industries stock for Q4 2021, down 20% quarter-over-quarter.
- 5 funds opened new Flexsteel Industries positions in Q4 2021 and 11 closed out, a net change of -6 holders.
- The largest Flexsteel Industries buyer in Q4 2021 was Punch & Associates Investment Management, an estimated $1.02M added.
- The largest Flexsteel Industries seller in Q4 2021 was Ophir Asset Management, an estimated $7.28M sold.
Based on aggregated 13F filings for Q4 2021.