Hooker Furnishings Corp
HOFT
91 hedge funds and large institutions have $203M invested in Hooker Furnishings Corp in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 20 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
8% less funds holding
Funds holding: 99 → 91 (-8)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
35% less capital invested
Capital invested by funds: $314M → $203M (-$111M)
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $238K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Feinberg Stephen
|
+$14.4M |
| 2 |
RA
Royce & Associates
New York
|
+$8M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$17.2M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.71M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$2.47M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.05M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MERSOM
101
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$319K | -9,700 | Closed |
|
|
SSWM
102
Smith Salley Wealth Management
Greensboro,
North Carolina
| – | -$279K | -8,500 | Closed |
|
|
SSWM
103
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$254K | -7,729 | Closed |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$220K | -6,699 | Closed |
|
|
AIM
105
Acrospire Investment Management
Chicago,
Illinois
| – | -$65K | -1,978 | Closed |
|
|
CAM
106
ClariVest Asset Management
San Diego,
California
| – | -$17K | -524 | Closed |
|
107
SEI Investments
Oaks,
Pennsylvania
| – | -$3.38K | -136 | -98% |
|
|
MTIP
108
Magee Thomson Investment Partners
San Diego,
California
| – | -$4K | -116 | Closed |
|
HOFT Hedge Fund Activity: Q2 2016 in Review
91 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q2 2016, worth a combined $203M — down 35% from $314M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HOFT and 14 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 34 added.
The largest buyer was Feinberg Stephen, opening a new position worth an estimated $14.4M. The largest seller was Franklin Resources, cutting an estimated $17.2M.
- 91 institutional investors held Hooker Furnishings Corp (HOFT) as of Q2 2016, down from 99 in Q1 2016.
- Funds reported $203M of Hooker Furnishings Corp stock for Q2 2016, down 35% quarter-over-quarter.
- 14 funds opened new Hooker Furnishings Corp positions in Q2 2016 and 20 closed out, a net change of -6 holders.
- The largest Hooker Furnishings Corp buyer in Q2 2016 was Feinberg Stephen, an estimated $14.4M added.
- The largest Hooker Furnishings Corp seller in Q2 2016 was Franklin Resources, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2016.