Tandy Leather Factory
23 hedge funds and large institutions have $39.3M invested in Tandy Leather Factory in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $42.7M → $39.3M (-$3.4M)
18% less funds holding
Funds holding: 28 → 23 (-5)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$478K |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$152K |
| 3 |
BlackRock
New York
|
+$138K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$50.3K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$31.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$3.87M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$656K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$58.3K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$33K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$291 | -37 | -97% |
|
27
Bank of America
Charlotte,
North Carolina
| – | +$126 | +16 | +1,600% |
|
TLF Hedge Fund Activity: Q1 2017 in Review
23 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tandy Leather Factory (TLF) for Q1 2017, worth a combined $39.3M — down 8% from $42.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TLF and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was Beddow Capital Management, adding an estimated $478K. The largest seller was WCM Investment Management, exiting entirely with an estimated $3.87M sold.
- 23 institutional investors held Tandy Leather Factory (TLF) as of Q1 2017, down from 28 in Q4 2016.
- Funds reported $39.3M of Tandy Leather Factory stock for Q1 2017, down 8% quarter-over-quarter.
- 2 funds opened new Tandy Leather Factory positions in Q1 2017 and 4 closed out, a net change of -2 holders.
- The largest Tandy Leather Factory buyer in Q1 2017 was Beddow Capital Management, an estimated $478K added.
- The largest Tandy Leather Factory seller in Q1 2017 was WCM Investment Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q1 2017.