Flexsteel Industries
FLXS
63 hedge funds and large institutions have $69.7M invested in Flexsteel Industries in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 12 closing their positions.
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
3.74% less ownership
Funds ownership: 63.08% → 59.35% (-3.7%)
6% less funds holding
Funds holding: 67 → 63 (-4)
18% less capital invested
Capital invested by funds: $84.9M → $69.7M (-$15.2M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
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
|
+$1.54M |
| 2 |
Renaissance Technologies
New York
|
+$504K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$438K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$338K |
| 5 |
RA
Royce & Associates
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.56M |
| 2 |
MFG
MidWestOne Financial Group
Iowa City,
Iowa
|
-$2.92M |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$1.47M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$340K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$275K |
FLXS Hedge Fund Activity: Q3 2019 in Review
63 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q3 2019, worth a combined $69.7M — down 18% from $84.9M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FLXS and 8 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 30 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $1.54M. The largest seller was THB Asset Management, exiting entirely with an estimated $3.56M sold.
- 63 institutional investors held Flexsteel Industries (FLXS) as of Q3 2019, down from 67 in Q2 2019.
- Funds reported $69.7M of Flexsteel Industries stock for Q3 2019, down 18% quarter-over-quarter.
- 8 funds opened new Flexsteel Industries positions in Q3 2019 and 12 closed out, a net change of -4 holders.
- The largest Flexsteel Industries buyer in Q3 2019 was Polar Asset Management Partners, an estimated $1.54M added.
- The largest Flexsteel Industries seller in Q3 2019 was THB Asset Management, an estimated $3.56M sold.
Based on aggregated 13F filings for Q3 2019.