Hooker Furnishings Corp
HOFT
118 hedge funds and large institutions have $479M invested in Hooker Furnishings Corp in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
20% more capital invested
Capital invested by funds: $400M → $479M (+$78.6M)
7% more funds holding
Funds holding: 110 → 118 (+8)
2.6% more ownership
Funds ownership: 83.92% → 86.51% (+2.6%)
33% less call options, than puts
Call options by funds: $862K | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$12.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.01M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.98M |
| 4 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$2.32M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$13.2M |
| 2 |
Millennium Management
New York
|
-$3.11M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.95M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$1.24M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAA
126
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$265K | -6,436 | Closed |
|
|
GAM
127
Gotham Asset Management
New York
| – | -$229K | -5,558 | Closed |
|
|
AIM
128
Acrospire Investment Management
Chicago,
Illinois
| – | -$40K | -979 | Closed |
|
129
Creative Planning
Overland Park,
Kansas
| – | -$21K | -500 | Closed |
|
130
Simplex Trading
Chicago,
Illinois
| – | -$9.38K | -219 | Closed |
|
|
CG
131
Cutler Group
San Francisco,
California
| – | -$2K | -65 | Closed |
|
HOFT Hedge Fund Activity: Q3 2017 in Review
118 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q3 2017, worth a combined $479M — up 20% from $400M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HOFT positions and 14 closed out — a net gain of 8 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $12.3M. The largest seller was Franklin Resources, cutting an estimated $13.2M.
- 118 institutional investors held Hooker Furnishings Corp (HOFT) as of Q3 2017, up from 110 in Q2 2017.
- Funds reported $479M of Hooker Furnishings Corp stock for Q3 2017, up 20% quarter-over-quarter.
- 22 funds opened new Hooker Furnishings Corp positions in Q3 2017 and 14 closed out, a net change of +8 holders.
- The largest Hooker Furnishings Corp buyer in Q3 2017 was PNC Financial Services Group, an estimated $12.3M added.
- The largest Hooker Furnishings Corp seller in Q3 2017 was Franklin Resources, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2017.