Flexsteel Industries
FLXS
37 hedge funds and large institutions have $35M invested in Flexsteel Industries in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
12% more funds holding
Funds holding: 33 → 37 (+4)
5% more capital invested
Capital invested by funds: $33.3M → $35M (+$1.62M)
0.88% less ownership
Funds ownership: 33.45% → 32.57% (-0.88%)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$620K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$328K |
| 3 |
Millennium Management
New York
|
+$198K |
| 4 |
Barclays
London,
United Kingdom
|
+$39.4K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$742K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$326K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$305K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$140K |
| 5 |
State Street
Boston,
Massachusetts
|
-$99.5K |
FLXS Hedge Fund Activity: Q3 2023 in Review
37 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q3 2023, worth a combined $35M — up 4.9% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLXS positions and 1 closed out — a net gain of 5 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $620K. The largest seller was Vanguard Group, cutting an estimated $742K.
- 37 institutional investors held Flexsteel Industries (FLXS) as of Q3 2023, up from 33 in Q2 2023.
- Funds reported $35M of Flexsteel Industries stock for Q3 2023, up 4.9% quarter-over-quarter.
- 6 funds opened new Flexsteel Industries positions in Q3 2023 and 1 closed out, a net change of +5 holders.
- The largest Flexsteel Industries buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $620K added.
- The largest Flexsteel Industries seller in Q3 2023 was Vanguard Group, an estimated $742K sold.
Based on aggregated 13F filings for Q3 2023.