Flexsteel Industries
FLXS
31 hedge funds and large institutions have $33.2M invested in Flexsteel Industries in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 4 closing their positions.
67% more capital invested
Capital invested by funds: $19.8M → $33.2M (+$13.3M)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8.79% more ownership
Funds ownership: 24.45% → 33.24% (+8.8%)
3% more funds holding
Funds holding: 30 → 31 (+1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$417K |
| 2 |
RWM
RKL Wealth Management
Lancaster,
Pennsylvania
|
+$215K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$90.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$59.2K |
| 5 |
MWM
Marion Wealth Management
Monroeville,
Pennsylvania
|
+$23.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$285K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$219K |
| 3 |
E
Ergoteles
New York
|
-$204K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$96.6K |
| 5 |
Morgan Stanley
New York
|
-$94.5K |
FLXS Hedge Fund Activity: Q1 2023 in Review
31 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q1 2023, worth a combined $33.2M — up 67% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLXS positions and 4 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $417K. The largest seller was Invesco, exiting entirely with an estimated $285K sold.
- 31 institutional investors held Flexsteel Industries (FLXS) as of Q1 2023, up from 30 in Q4 2022.
- Funds reported $33.2M of Flexsteel Industries stock for Q1 2023, up 67% quarter-over-quarter.
- 5 funds opened new Flexsteel Industries positions in Q1 2023 and 4 closed out, a net change of +1 holder.
- The largest Flexsteel Industries buyer in Q1 2023 was Ancora Advisors, an estimated $417K added.
- The largest Flexsteel Industries seller in Q1 2023 was Invesco, an estimated $285K sold.
Based on aggregated 13F filings for Q1 2023.