Flexsteel Industries
FLXS
95 hedge funds and large institutions have $305M invested in Flexsteel Industries in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 8 closing their positions.
63.73% more ownership
Funds ownership: 0% → 63.73% (+64%)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
26% more capital invested
Capital invested by funds: $243M → $305M (+$62.4M)
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
3% more funds holding
Funds holding: 92 → 95 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
+$2.41M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.72M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.72M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.64M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.45M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.07M |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$865K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$698K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$685K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Millennium Management
New York
| – | -$269K | -5,202 | Closed |
|
|
EMG
102
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$233K | -4,500 | Closed |
|
|
IWMPD
103
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$37K | -714 | Closed |
|
FLXS Hedge Fund Activity: Q4 2016 in Review
95 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2016, worth a combined $305M — up 26% from $243M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FLXS positions and 8 closed out — a net gain of 4 holders — while 37 added to existing stakes and 32 trimmed.
The largest buyer was James Investment Research, adding an estimated $2.41M. The largest seller was Perritt Capital Management, exiting entirely with an estimated $1.45M sold.
- 95 institutional investors held Flexsteel Industries (FLXS) as of Q4 2016, up from 92 in Q3 2016.
- Funds reported $305M of Flexsteel Industries stock for Q4 2016, up 26% quarter-over-quarter.
- 12 funds opened new Flexsteel Industries positions in Q4 2016 and 8 closed out, a net change of +4 holders.
- The largest Flexsteel Industries buyer in Q4 2016 was James Investment Research, an estimated $2.41M added.
- The largest Flexsteel Industries seller in Q4 2016 was Perritt Capital Management, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2016.