Flexsteel Industries
FLXS
74 hedge funds and large institutions have $124M invested in Flexsteel Industries in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 16 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
8% less funds holding
Funds holding: 80 → 74 (-6)
30% less capital invested
Capital invested by funds: $177M → $124M (-$52.8M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$3.04M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.49M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
+$1.23M |
| 4 |
Millennium Management
New York
|
+$834K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$10.8M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.05M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$963K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$642K |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$545K |
FLXS Hedge Fund Activity: Q3 2015 in Review
74 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q3 2015, worth a combined $124M — down 30% from $177M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FLXS and 10 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 33 added.
The largest buyer was ZPR Investment Management, opening a new position worth an estimated $3.04M. The largest seller was Dubuque Bank & Trust, exiting entirely with an estimated $10.8M sold.
- 74 institutional investors held Flexsteel Industries (FLXS) as of Q3 2015, down from 80 in Q2 2015.
- Funds reported $124M of Flexsteel Industries stock for Q3 2015, down 30% quarter-over-quarter.
- 10 funds opened new Flexsteel Industries positions in Q3 2015 and 16 closed out, a net change of -6 holders.
- The largest Flexsteel Industries buyer in Q3 2015 was ZPR Investment Management, an estimated $3.04M added.
- The largest Flexsteel Industries seller in Q3 2015 was Dubuque Bank & Trust, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2015.