Flexsteel Industries
FLXS
80 hedge funds and large institutions have $177M invested in Flexsteel Industries in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
62% more capital invested
Capital invested by funds: $109M → $177M (+$67.7M)
18% more funds holding
Funds holding: 68 → 80 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$9.24M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$5.02M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4M |
| 4 |
AB
AT Bancorp
Dubuque,
Iowa
|
+$2.49M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.19M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$736K |
| 3 |
Renaissance Technologies
New York
|
-$576K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$570K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$450K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $5K | -$1.29K | -35 | -24% |
|
77
SEI Investments
Oaks,
Pennsylvania
| $3K | -$589 | -16 | -20% |
|
|
OSAM
78
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $2K | – | – | – |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$773 | +21 | +210% |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $187 | +$111K | +3,010 | +227% |
|
81
Creative Planning
Overland Park,
Kansas
| – | -$14K | -452 | Closed |
|
|
GC
82
Globeflex Capital
San Diego,
California
| – | -$1K | -18 | Closed |
|
FLXS Hedge Fund Activity: Q2 2015 in Review
80 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q2 2015, worth a combined $177M — up 62% from $109M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FLXS positions and 2 closed out — a net gain of 12 holders — while 34 added to existing stakes and 20 trimmed.
The largest buyer was Dubuque Bank & Trust, opening a new position worth an estimated $9.24M. The largest seller was Royce & Associates, cutting an estimated $1.19M.
- 80 institutional investors held Flexsteel Industries (FLXS) as of Q2 2015, up from 68 in Q1 2015.
- Funds reported $177M of Flexsteel Industries stock for Q2 2015, up 62% quarter-over-quarter.
- 14 funds opened new Flexsteel Industries positions in Q2 2015 and 2 closed out, a net change of +12 holders.
- The largest Flexsteel Industries buyer in Q2 2015 was Dubuque Bank & Trust, an estimated $9.24M added.
- The largest Flexsteel Industries seller in Q2 2015 was Royce & Associates, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2015.