Hooker Furnishings Corp
HOFT
104 hedge funds and large institutions have $208M invested in Hooker Furnishings Corp in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 25 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
1.05% less ownership
Funds ownership: 86.56% → 85.51% (-1.1%)
10% less funds holding
Funds holding: 115 → 104 (-11)
29% less capital invested
Capital invested by funds: $292M → $208M (-$83.5M)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $17K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$8.31M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$5.37M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.12M |
| 4 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
+$1.78M |
| 5 |
Morgan Stanley
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.73M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.2M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.06M |
| 4 |
Millennium Management
New York
|
-$2.35M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.28M |
HOFT Hedge Fund Activity: Q2 2019 in Review
104 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q2 2019, worth a combined $208M — down 29% from $292M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HOFT and 16 opened new positions — a net loss of 9 holders — while 27 trimmed existing stakes and 44 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $8.31M. The largest seller was Royce & Associates, cutting an estimated $7.73M.
- 104 institutional investors held Hooker Furnishings Corp (HOFT) as of Q2 2019, down from 115 in Q1 2019.
- Funds reported $208M of Hooker Furnishings Corp stock for Q2 2019, down 29% quarter-over-quarter.
- 16 funds opened new Hooker Furnishings Corp positions in Q2 2019 and 25 closed out, a net change of -9 holders.
- The largest Hooker Furnishings Corp buyer in Q2 2019 was Towle & Co, an estimated $8.31M added.
- The largest Hooker Furnishings Corp seller in Q2 2019 was Royce & Associates, an estimated $7.73M sold.
Based on aggregated 13F filings for Q2 2019.