Hooker Furnishings Corp
HOFT
63 hedge funds and large institutions have $130M invested in Hooker Furnishings Corp in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 28 reducing their positions, and 6 closing their positions.
2% less funds holding
Funds holding: 64 → 63 (-1)
9% less capital invested
Capital invested by funds: $143M → $130M (-$13.2M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
32% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$614K |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$536K |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$520K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$496K |
| 5 |
JP Morgan Chase
New York
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.2M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$798K |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$425K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$345K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$344K |
HOFT Hedge Fund Activity: Q3 2013 in Review
63 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q3 2013, worth a combined $130M — down 9.2% from $143M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HOFT and 5 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 19 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $614K. The largest seller was Rutabaga Capital Management, cutting an estimated $1.2M.
- 63 institutional investors held Hooker Furnishings Corp (HOFT) as of Q3 2013, down from 64 in Q2 2013.
- Funds reported $130M of Hooker Furnishings Corp stock for Q3 2013, down 9.2% quarter-over-quarter.
- 5 funds opened new Hooker Furnishings Corp positions in Q3 2013 and 6 closed out, a net change of -1 holder.
- The largest Hooker Furnishings Corp buyer in Q3 2013 was Punch & Associates Investment Management, an estimated $614K added.
- The largest Hooker Furnishings Corp seller in Q3 2013 was Rutabaga Capital Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2013.