Tandy Leather Factory
25 hedge funds and large institutions have $51.9M invested in Tandy Leather Factory in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 8 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $55.1M → $51.9M (-$3.19M)
22% less funds holding
Funds holding: 32 → 25 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$866K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$858K |
| 4 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$491K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
-$9.21M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$184K |
| 3 |
CSM
Central Square Management
Naperville,
Illinois
|
-$174K |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$102K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$16.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
26
ZPR Investment Management
Orange City,
Florida
| – | -$184K | -20,236 | Closed |
|
|
EGA
27
Eagle Global Advisors
Houston,
Texas
| – | -$102K | -11,196 | Closed |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$13K | -1,518 | Closed |
|
29
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$5K | -508 | Closed |
|
30
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -217 | Closed |
|
|
GSC
31
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$2K | -200 | Closed |
|
|
PFG
32
Piershale Financial Group
Barrington,
Illinois
| – | -$710 | -76 | -50% |
|
33
BNP Paribas Financial Markets
Paris,
France
| – | -$109 | -12 | Closed |
|
TLF Hedge Fund Activity: Q3 2014 in Review
25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Tandy Leather Factory (TLF) for Q3 2014, worth a combined $51.9M — down 5.8% from $55.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TLF and 1 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Opus Capital Group, adding an estimated $2.12M. The largest seller was Bares Capital Management, exiting entirely with an estimated $9.21M sold.
- 25 institutional investors held Tandy Leather Factory (TLF) as of Q3 2014, down from 32 in Q2 2014.
- Funds reported $51.9M of Tandy Leather Factory stock for Q3 2014, down 5.8% quarter-over-quarter.
- 1 fund opened new Tandy Leather Factory positions in Q3 2014 and 8 closed out, a net change of -7 holders.
- The largest Tandy Leather Factory buyer in Q3 2014 was Opus Capital Group, an estimated $2.12M added.
- The largest Tandy Leather Factory seller in Q3 2014 was Bares Capital Management, an estimated $9.21M sold.
Based on aggregated 13F filings for Q3 2014.