Flexsteel Industries
FLXS
82 hedge funds and large institutions have $190M invested in Flexsteel Industries in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
54% more capital invested
Capital invested by funds: $124M → $190M (+$66.6M)
11% more funds holding
Funds holding: 74 → 82 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$21.5M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$1.94M |
| 3 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
+$1.33M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.14M |
| 5 |
Two Sigma Investments
New York
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$2.64M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$2.62M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.71M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.24M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
76
TCI Wealth Advisors
Tucson,
Arizona
| $6K | +$43 | +1 | +0.7% |
|
77
Bank of America
Charlotte,
North Carolina
| $6K | +$6.08K | +142 | New |
|
|
DA
78
Denali Advisors
San Diego,
California
| $5K | – | – | – |
|
79
Federated Hermes
Pittsburgh,
Pennsylvania
| $5K | +$4.62K | +108 | New |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
RWM
81
RKL Wealth Management
Lancaster,
Pennsylvania
| $543 | – | – | – |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $192 | – | – | – |
|
|
ZIM
83
ZPR Investment Management
Orange City,
Florida
| – | -$2.62M | -83,753 | Closed |
|
|
AI
84
Analytic Investors
Los Angeles,
California
| – | -$1.08M | -34,509 | Closed |
|
|
CRM
85
Cramer Rosenthal McGlynn
Stamford,
Connecticut
| – | -$792K | -25,358 | Closed |
|
86
Axa
Paris,
France
| – | -$203K | -6,510 | Closed |
|
|
AIM
87
Ada Investment Management
New York
| – | -$223K | -6,153 | Closed |
|
88
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -76 | Closed |
|
FLXS Hedge Fund Activity: Q4 2015 in Review
82 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2015, worth a combined $190M — up 54% from $124M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FLXS positions and 6 closed out — a net gain of 8 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Royce & Associates, adding an estimated $21.5M. The largest seller was Perritt Capital Management, cutting an estimated $2.64M.
- 82 institutional investors held Flexsteel Industries (FLXS) as of Q4 2015, up from 74 in Q3 2015.
- Funds reported $190M of Flexsteel Industries stock for Q4 2015, up 54% quarter-over-quarter.
- 14 funds opened new Flexsteel Industries positions in Q4 2015 and 6 closed out, a net change of +8 holders.
- The largest Flexsteel Industries buyer in Q4 2015 was Royce & Associates, an estimated $21.5M added.
- The largest Flexsteel Industries seller in Q4 2015 was Perritt Capital Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q4 2015.