Flexsteel Industries
FLXS
46 hedge funds and large institutions have $94M invested in Flexsteel Industries in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 25 reducing their positions, and 16 closing their positions.
77% more capital invested
Capital invested by funds: $53.3M → $94M (+$40.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.77% less ownership
Funds ownership: 52.71% → 50.94% (-1.8%)
18% less funds holding
Funds holding: 56 → 46 (-10)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
68% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$890K |
| 2 |
Two Sigma Investments
New York
|
+$808K |
| 3 |
Two Sigma Advisers
New York
|
+$736K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$566K |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.54M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.24M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.21M |
| 4 |
Renaissance Technologies
New York
|
-$777K |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$467K |
FLXS Hedge Fund Activity: Q3 2020 in Review
46 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q3 2020, worth a combined $94M — up 77% from $53.3M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FLXS and 6 opened new positions — a net loss of 10 holders — while 25 trimmed existing stakes and 8 added.
The largest buyer was Royce & Associates, adding an estimated $890K. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $1.54M sold.
- 46 institutional investors held Flexsteel Industries (FLXS) as of Q3 2020, down from 56 in Q2 2020.
- Funds reported $94M of Flexsteel Industries stock for Q3 2020, up 77% quarter-over-quarter.
- 6 funds opened new Flexsteel Industries positions in Q3 2020 and 16 closed out, a net change of -10 holders.
- The largest Flexsteel Industries buyer in Q3 2020 was Royce & Associates, an estimated $890K added.
- The largest Flexsteel Industries seller in Q3 2020 was Invenomic Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q3 2020.