Hooker Furnishings Corp
HOFT
83 hedge funds and large institutions have $168M invested in Hooker Furnishings Corp in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 37 reducing their positions, and 24 closing their positions.
1.57% less ownership
Funds ownership: 92.33% → 90.76% (-1.6%)
19% less funds holding
Funds holding: 102 → 83 (-19)
40% less capital invested
Capital invested by funds: $281M → $168M (-$113M)
41% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 37
71% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 24
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$3.24M |
| 2 |
Pzena Investment Management
New York
|
+$3.01M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.41M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.34M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.73M |
| 2 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$1.9M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.63M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
-$1.06M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
101
Berman Capital Advisors
Atlanta,
Georgia
| – | -$3.05K | -148 | Closed |
|
102
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4K | -140 | Closed |
|
|
OAM
103
Oppenheimer Asset Management
New York
| – | -$1K | -47 | Closed |
|
|
SFSIG
104
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$1K | -36 | Closed |
|
HOFT Hedge Fund Activity: Q1 2020 in Review
83 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q1 2020, worth a combined $168M — down 40% from $281M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of HOFT and 7 opened new positions — a net loss of 17 holders — while 37 trimmed existing stakes and 22 added.
The largest buyer was Tygh Capital Management, adding an estimated $3.24M. The largest seller was Royce & Associates, cutting an estimated $3.73M.
- 83 institutional investors held Hooker Furnishings Corp (HOFT) as of Q1 2020, down from 102 in Q4 2019.
- Funds reported $168M of Hooker Furnishings Corp stock for Q1 2020, down 40% quarter-over-quarter.
- 7 funds opened new Hooker Furnishings Corp positions in Q1 2020 and 24 closed out, a net change of -17 holders.
- The largest Hooker Furnishings Corp buyer in Q1 2020 was Tygh Capital Management, an estimated $3.24M added.
- The largest Hooker Furnishings Corp seller in Q1 2020 was Royce & Associates, an estimated $3.73M sold.
Based on aggregated 13F filings for Q1 2020.