Flexsteel Industries
FLXS
67 hedge funds and large institutions have $84.9M invested in Flexsteel Industries in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 8 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
0.57% less ownership
Funds ownership: 63.65% → 63.08% (-0.57%)
6% less funds holding
Funds holding: 71 → 67 (-4)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
28% less capital invested
Capital invested by funds: $117M → $84.9M (-$32.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.01M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$693K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$689K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$588K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.98M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$397K |
| 3 |
State Street
Boston,
Massachusetts
|
-$389K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$363K |
| 5 |
Squarepoint
New York
|
-$323K |
FLXS Hedge Fund Activity: Q2 2019 in Review
67 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q2 2019, worth a combined $84.9M — down 28% from $117M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FLXS and 7 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 27 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.01M. The largest seller was Royce & Associates, cutting an estimated $3.98M.
- 67 institutional investors held Flexsteel Industries (FLXS) as of Q2 2019, down from 71 in Q1 2019.
- Funds reported $84.9M of Flexsteel Industries stock for Q2 2019, down 28% quarter-over-quarter.
- 7 funds opened new Flexsteel Industries positions in Q2 2019 and 8 closed out, a net change of -1 holder.
- The largest Flexsteel Industries buyer in Q2 2019 was Polar Asset Management Partners, an estimated $2.01M added.
- The largest Flexsteel Industries seller in Q2 2019 was Royce & Associates, an estimated $3.98M sold.
Based on aggregated 13F filings for Q2 2019.