Flexsteel Industries
FLXS
91 hedge funds and large institutions have $256M invested in Flexsteel Industries in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 13 closing their positions.
1.49% more ownership
Funds ownership: 63.73% → 65.22% (+1.5%)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
4% less funds holding
Funds holding: 95 → 91 (-4)
16% less capital invested
Capital invested by funds: $305M → $256M (-$49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.2M |
| 2 |
RA
Royce & Associates
New York
|
+$3.27M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.77M |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$2.73M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
-$5.25M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.29M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.03M |
| 4 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$628K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$620K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$9K | -138 | Closed |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -102 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$4K | -69 | Closed |
|
104
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -14 | Closed |
|
FLXS Hedge Fund Activity: Q1 2017 in Review
91 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q1 2017, worth a combined $256M — down 16% from $305M a quarter earlier.
Fund positioning in FLXS was balanced in Q1 2017: 13 funds opened new positions, 13 closed out, 35 added to existing stakes and 32 trimmed.
The largest buyer was BlackRock, adding an estimated $22.2M. The largest seller was James Investment Research, cutting an estimated $5.25M.
- 91 institutional investors held Flexsteel Industries (FLXS) as of Q1 2017, down from 95 in Q4 2016.
- Funds reported $256M of Flexsteel Industries stock for Q1 2017, down 16% quarter-over-quarter.
- 13 funds opened new Flexsteel Industries positions in Q1 2017 and 13 closed out, a net change of 0 holders.
- The largest Flexsteel Industries buyer in Q1 2017 was BlackRock, an estimated $22.2M added.
- The largest Flexsteel Industries seller in Q1 2017 was James Investment Research, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2017.