Flexsteel Industries
FLXS
81 hedge funds and large institutions have $202M invested in Flexsteel Industries in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 17 closing their positions.
0.92% less ownership
Funds ownership: 65.82% → 64.9% (-0.92%)
11% less funds holding
Funds holding: 91 → 81 (-10)
17% less capital invested
Capital invested by funds: $242M → $202M (-$40.1M)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.49M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.82M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$829K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.2M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.78M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.65M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$1.31M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.26M |
FLXS Hedge Fund Activity: Q1 2018 in Review
81 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q1 2018, worth a combined $202M — down 17% from $242M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FLXS and 9 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 24 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.49M. The largest seller was Millennium Management, cutting an estimated $2.2M.
- 81 institutional investors held Flexsteel Industries (FLXS) as of Q1 2018, down from 91 in Q4 2017.
- Funds reported $202M of Flexsteel Industries stock for Q1 2018, down 17% quarter-over-quarter.
- 9 funds opened new Flexsteel Industries positions in Q1 2018 and 17 closed out, a net change of -8 holders.
- The largest Flexsteel Industries buyer in Q1 2018 was Polar Asset Management Partners, an estimated $2.49M added.
- The largest Flexsteel Industries seller in Q1 2018 was Millennium Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2018.