Flexsteel Industries
FLXS
82 hedge funds and large institutions have $262M invested in Flexsteel Industries in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 12 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
0.1% more ownership
Funds ownership: 65.88% → 65.98% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $279M → $262M (-$17.2M)
7% less funds holding
Funds holding: 88 → 82 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.97M |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$1.37M |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$1.02M |
| 4 |
Renaissance Technologies
New York
|
+$734K |
| 5 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.44M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.14M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.13M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.02M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$805K |
FLXS Hedge Fund Activity: Q3 2017 in Review
82 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q3 2017, worth a combined $262M — down 6.2% from $279M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FLXS and 6 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.97M. The largest seller was Martingale Asset Management, cutting an estimated $1.44M.
- 82 institutional investors held Flexsteel Industries (FLXS) as of Q3 2017, down from 88 in Q2 2017.
- Funds reported $262M of Flexsteel Industries stock for Q3 2017, down 6.2% quarter-over-quarter.
- 6 funds opened new Flexsteel Industries positions in Q3 2017 and 12 closed out, a net change of -6 holders.
- The largest Flexsteel Industries buyer in Q3 2017 was Millennium Management, an estimated $2.97M added.
- The largest Flexsteel Industries seller in Q3 2017 was Martingale Asset Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2017.