Tandy Leather Factory
32 hedge funds and large institutions have $44.9M invested in Tandy Leather Factory in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 28 → 32 (+4)
9% less capital invested
Capital invested by funds: $49.1M → $44.9M (-$4.18M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$2.93M |
| 2 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$1.87M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$372K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$220K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$3.35M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$2.83M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$813K |
| 4 |
MCM
Mork Capital Management
Healdsburg,
California
|
-$643K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| $6K | +$5.96K | +834 | New |
|
27
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $4K | -$12.6K | -1,759 | -74% |
|
|
MA
29
MUFG Americas
New York
| $4K | -$2.56K | -358 | -40% |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
NTCM
31
Nine Ten Capital Management
Chicago,
Illinois
| – | -$3.35M | -456,738 | Closed |
|
|
OCG
32
Opus Capital Group
Cincinnati,
Ohio
| – | -$2.83M | -385,625 | Closed |
|
33
Morgan Stanley
New York
| – | -$29 | -4 | -24% |
|
34
Citigroup
New York
| – | +$236 | +33 | New |
|
TLF Hedge Fund Activity: Q1 2016 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tandy Leather Factory (TLF) for Q1 2016, worth a combined $44.9M — down 8.5% from $49.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TLF positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $2.93M. The largest seller was Nine Ten Capital Management, exiting entirely with an estimated $3.35M sold.
- 32 institutional investors held Tandy Leather Factory (TLF) as of Q1 2016, up from 28 in Q4 2015.
- Funds reported $44.9M of Tandy Leather Factory stock for Q1 2016, down 8.5% quarter-over-quarter.
- 7 funds opened new Tandy Leather Factory positions in Q1 2016 and 3 closed out, a net change of +4 holders.
- The largest Tandy Leather Factory buyer in Q1 2016 was WCM Investment Management, an estimated $2.93M added.
- The largest Tandy Leather Factory seller in Q1 2016 was Nine Ten Capital Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q1 2016.