Tandy Leather Factory
28 hedge funds and large institutions have $42.7M invested in Tandy Leather Factory in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
7% less funds holding
Funds holding: 30 → 28 (-2)
9% less capital invested
Capital invested by funds: $47.1M → $42.7M (-$4.44M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$505K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$263K |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
+$195K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.05K |
| 5 |
Morgan Stanley
New York
|
+$2.25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.32M |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$747K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$215K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$83.5K |
| 5 |
Renaissance Technologies
New York
|
-$79K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
26
MUFG Americas
New York
| $1K | -$1.36K | -181 | -50% |
|
|
PAIM
27
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$1.32M | -172,496 | Closed |
|
|
NSIM
28
North Star Investment Management
Chicago,
Illinois
| – | -$747K | -97,875 | Closed |
|
|
29
Renaissance Technologies
New York
| – | -$79K | -10,300 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | -$1.46K | -195 | -99% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$285 | +38 | New |
|
TLF Hedge Fund Activity: Q4 2016 in Review
28 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tandy Leather Factory (TLF) for Q4 2016, worth a combined $42.7M — down 9.4% from $47.1M a quarter earlier.
Fund positioning in TLF was balanced in Q4 2016: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 9 trimmed.
The largest buyer was Beddow Capital Management, adding an estimated $505K. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $1.32M sold.
- 28 institutional investors held Tandy Leather Factory (TLF) as of Q4 2016, down from 30 in Q3 2016.
- Funds reported $42.7M of Tandy Leather Factory stock for Q4 2016, down 9.4% quarter-over-quarter.
- 3 funds opened new Tandy Leather Factory positions in Q4 2016 and 3 closed out, a net change of 0 holders.
- The largest Tandy Leather Factory buyer in Q4 2016 was Beddow Capital Management, an estimated $505K added.
- The largest Tandy Leather Factory seller in Q4 2016 was Punch & Associates Investment Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2016.