Hooker Furnishings Corp
HOFT
67 hedge funds and large institutions have $134M invested in Hooker Furnishings Corp in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 5 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
3% more funds holding
Funds holding: 65 → 67 (+2)
7% less capital invested
Capital invested by funds: $143M → $134M (-$9.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$2.69M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$1.68M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$353K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$315K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$5.05M |
| 2 |
KG
Killen Group
Berwyn,
Pennsylvania
|
-$1M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$386K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$234K |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$226K |
HOFT Hedge Fund Activity: Q1 2014 in Review
67 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Hooker Furnishings Corp (HOFT) for Q1 2014, worth a combined $134M — down 6.6% from $143M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HOFT positions and 5 closed out — a net gain of 3 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Dempsey Capital Management, opening a new position worth an estimated $2.69M. The largest seller was THB Asset Management, exiting entirely with an estimated $5.05M sold.
- 67 institutional investors held Hooker Furnishings Corp (HOFT) as of Q1 2014, up from 65 in Q4 2013.
- Funds reported $134M of Hooker Furnishings Corp stock for Q1 2014, down 6.6% quarter-over-quarter.
- 8 funds opened new Hooker Furnishings Corp positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest Hooker Furnishings Corp buyer in Q1 2014 was Morgan Dempsey Capital Management, an estimated $2.69M added.
- The largest Hooker Furnishings Corp seller in Q1 2014 was THB Asset Management, an estimated $5.05M sold.
Based on aggregated 13F filings for Q1 2014.