Flexsteel Industries
FLXS
31 hedge funds and large institutions have $19.9M invested in Flexsteel Industries in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 6 closing their positions.
14% less funds holding
Funds holding: 36 → 31 (-5)
21.42% less ownership
Funds ownership: 54.69% → 33.27% (-21%)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
56% less capital invested
Capital invested by funds: $45.5M → $19.9M (-$25.7M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$132K |
| 2 |
Morgan Stanley
New York
|
+$124K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$94.1K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$52.5K |
| 5 |
MWM
Marion Wealth Management
Monroeville,
Pennsylvania
|
+$16.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$15.2M |
| 2 |
RA
Royce & Associates
New York
|
-$1.08M |
| 3 |
Millennium Management
New York
|
-$451K |
| 4 |
Bank of New York Mellon
New York
|
-$403K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$311K |
FLXS Hedge Fund Activity: Q4 2022 in Review
31 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2022, worth a combined $19.9M — down 56% from $45.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FLXS and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Ancora Advisors, adding an estimated $132K. The largest seller was Mariner, exiting entirely with an estimated $15.2M sold.
- 31 institutional investors held Flexsteel Industries (FLXS) as of Q4 2022, down from 36 in Q3 2022.
- Funds reported $19.9M of Flexsteel Industries stock for Q4 2022, down 56% quarter-over-quarter.
- 2 funds opened new Flexsteel Industries positions in Q4 2022 and 6 closed out, a net change of -4 holders.
- The largest Flexsteel Industries buyer in Q4 2022 was Ancora Advisors, an estimated $132K added.
- The largest Flexsteel Industries seller in Q4 2022 was Mariner, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2022.