Flexsteel Industries
FLXS
33 hedge funds and large institutions have $30.3M invested in Flexsteel Industries in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.68% less ownership
Funds ownership: 32.57% → 30.89% (-1.7%)
11% less funds holding
Funds holding: 37 → 33 (-4)
13% less capital invested
Capital invested by funds: $35M → $30.3M (-$4.68M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$252K |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$90.6K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$83.2K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$28.7K |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$28.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$705K |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$630K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$261K |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$248K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.6K |
FLXS Hedge Fund Activity: Q4 2023 in Review
33 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Flexsteel Industries (FLXS) for Q4 2023, worth a combined $30.3M — down 13% from $35M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FLXS and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $252K. The largest seller was Millennium Management, exiting entirely with an estimated $705K sold.
- 33 institutional investors held Flexsteel Industries (FLXS) as of Q4 2023, down from 37 in Q3 2023.
- Funds reported $30.3M of Flexsteel Industries stock for Q4 2023, down 13% quarter-over-quarter.
- 2 funds opened new Flexsteel Industries positions in Q4 2023 and 6 closed out, a net change of -4 holders.
- The largest Flexsteel Industries buyer in Q4 2023 was Morgan Stanley, an estimated $252K added.
- The largest Flexsteel Industries seller in Q4 2023 was Millennium Management, an estimated $705K sold.
Based on aggregated 13F filings for Q4 2023.