Flexsteel Industries
FLXS
66 hedge funds and large institutions have $114M invested in Flexsteel Industries in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
8% more funds holding
Funds holding: 61 → 66 (+5)
10% less capital invested
Capital invested by funds: $127M → $114M (-$12.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.1M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$635K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$456K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.17M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$647K |
| 3 |
Renaissance Technologies
New York
|
-$375K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$372K |
| 5 |
BC
Burney Company
Reston,
Virginia
|
-$361K |
FLXS Hedge Fund Activity: Q2 2014 in Review
66 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q2 2014, worth a combined $114M — down 9.8% from $127M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FLXS positions and 4 closed out — a net gain of 5 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was GSA Capital Partners, opening a new position worth an estimated $1.1M. The largest seller was Invesco, cutting an estimated $2.17M.
- 66 institutional investors held Flexsteel Industries (FLXS) as of Q2 2014, up from 61 in Q1 2014.
- Funds reported $114M of Flexsteel Industries stock for Q2 2014, down 9.8% quarter-over-quarter.
- 9 funds opened new Flexsteel Industries positions in Q2 2014 and 4 closed out, a net change of +5 holders.
- The largest Flexsteel Industries buyer in Q2 2014 was GSA Capital Partners, an estimated $1.1M added.
- The largest Flexsteel Industries seller in Q2 2014 was Invesco, an estimated $2.17M sold.
Based on aggregated 13F filings for Q2 2014.