Flexsteel Industries
FLXS
78 hedge funds and large institutions have $200M invested in Flexsteel Industries in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 6 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
1% less capital invested
Capital invested by funds: $202M → $200M (-$1.49M)
1.08% less ownership
Funds ownership: 64.9% → 63.82% (-1.1%)
4% less funds holding
Funds holding: 81 → 78 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$729K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$634K |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$584K |
| 4 |
BlackRock
New York
|
+$567K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.69M |
| 2 |
AB
AT Bancorp
Dubuque,
Iowa
|
-$1.02M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$809K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$702K |
| 5 |
Millennium Management
New York
|
-$654K |
FLXS Hedge Fund Activity: Q2 2018 in Review
78 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q2 2018, worth a combined $200M — down 0.74% from $202M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FLXS and 3 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 33 added.
The largest buyer was UBS Group, adding an estimated $729K. The largest seller was Royce & Associates, cutting an estimated $1.69M.
- 78 institutional investors held Flexsteel Industries (FLXS) as of Q2 2018, down from 81 in Q1 2018.
- Funds reported $200M of Flexsteel Industries stock for Q2 2018, down 0.74% quarter-over-quarter.
- 3 funds opened new Flexsteel Industries positions in Q2 2018 and 6 closed out, a net change of -3 holders.
- The largest Flexsteel Industries buyer in Q2 2018 was UBS Group, an estimated $729K added.
- The largest Flexsteel Industries seller in Q2 2018 was Royce & Associates, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2018.