Hooker Furnishings Corp
HOFT
96 hedge funds and large institutions have $300M invested in Hooker Furnishings Corp in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 34 reducing their positions, and 18 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 34
0.65% more ownership
Funds ownership: 82.89% → 83.54% (+0.65%)
10% less funds holding
Funds holding: 107 → 96 (-11)
18% less capital invested
Capital invested by funds: $364M → $300M (-$63.8M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$23.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.01M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$3.71M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.13M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.38M |
| 2 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$1.7M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.21M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PPA
101
Parametric Portfolio Associates
Seattle,
Washington
| – | -$364K | -9,582 | Closed |
|
102
Squarepoint
New York
| – | -$269K | -7,100 | Closed |
|
|
TC
103
TFS Capital
West Chester,
Pennsylvania
| – | -$263K | -6,927 | Closed |
|
|
EMG
104
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$262K | -6,900 | Closed |
|
|
GC
105
Guggenheim Capital
Chicago,
Illinois
| – | -$258K | -6,791 | Closed |
|
106
DZ Bank
Frankfurt Am Main,
Germany
| – | -$255K | -6,744 | Closed |
|
|
GCP
107
GSA Capital Partners
London,
United Kingdom
| – | -$235K | -6,183 | Closed |
|
108
Wellington Management Group
Boston,
Massachusetts
| – | -$226K | -5,965 | Closed |
|
|
AL
109
Airain Ltd
St. Peter Port,
Guernsey
| – | -$218K | -5,754 | Closed |
|
|
HW
110
Hancock Whitney
Gulfport,
Mississippi
| – | -$210K | -5,536 | Closed |
|
111
EARNEST Partners
Atlanta,
Georgia
| – | -$19K | -500 | Closed |
|
112
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4K | -104 | Closed |
|
|
TRCT
113
Tower Research Capital (TRC)
New York
| – | -$4K | -104 | Closed |
|
HOFT Hedge Fund Activity: Q1 2017 in Review
96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q1 2017, worth a combined $300M — down 18% from $364M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of HOFT and 11 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $23.2M. The largest seller was Paradigm Capital Management Inc, exiting entirely with an estimated $5.38M sold.
- 96 institutional investors held Hooker Furnishings Corp (HOFT) as of Q1 2017, down from 107 in Q4 2016.
- Funds reported $300M of Hooker Furnishings Corp stock for Q1 2017, down 18% quarter-over-quarter.
- 11 funds opened new Hooker Furnishings Corp positions in Q1 2017 and 18 closed out, a net change of -7 holders.
- The largest Hooker Furnishings Corp buyer in Q1 2017 was BlackRock, an estimated $23.2M added.
- The largest Hooker Furnishings Corp seller in Q1 2017 was Paradigm Capital Management Inc, an estimated $5.38M sold.
Based on aggregated 13F filings for Q1 2017.