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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.

New
Increased
Maintained
Reduced
Closed

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: 22 (0)

6% less capital invested

Capital invested by funds: $55.1M → $51.9M (-$3.19M)

22% less funds holding

Funds holding: 3225 (-7)

88% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 8

Holders
25
Holders Change
-7
Holders Change %
-21.88%
% of All Funds
0.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
1
Increased
8
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
Bandera Partners
New York
$27M
CSM
2
Central Square Management
Illinois
$7.35M -$174K -18,648 -2%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$3.84M +$866K +92,785 +30%
OCG
4
Opus Capital Group
Ohio
$2.56M +$2.12M +227,050 +519%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$2.53M -$14.9K -1,600 -0.6%
Vanguard Group
6
Vanguard Group
Pennsylvania
$2.32M +$96.2K +10,303 +4%
Wells Fargo
7
Wells Fargo
California
$1.53M +$68.3K +7,320 +5%
PAIM
8
Punch & Associates Investment Management
Minnesota
$1.44M +$858K +91,880 +151%
RA
9
Royce & Associates
New York
$945K
RFC
10
Russell Frank Company
Washington
$572K +$138K +14,810 +32%
MRCM
11
Mill Road Capital Management
Connecticut
$497K +$491K +52,630 New
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$288K
GPGA
13
Grandeur Peak Global Advisors
Utah
$236K +$99.7K +10,675 +75%
BFA
14
BlackRock Fund Advisors
California
$235K -$16.8K -1,802 -7%
LSV Asset Management
15
LSV Asset Management
Illinois
$205K
Renaissance Technologies
16
Renaissance Technologies
New York
$194K -$3.73K -400 -2%
Morgan Stanley
17
Morgan Stanley
New York
$33K -$9.34K -1,000 -22%
Axa
18
Axa
France
$26K
JIR
19
James Investment Research
Ohio
$26K
NFA
20
Nationwide Fund Advisors
Ohio
$12K
BIM
21
BlackRock Investment Management
Delaware
$9K
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$9K
U
23
UBS
Switzerland
$5K +$1.95K +209 +75%
TRCT
24
Tower Research Capital (TRC)
New York
$2K -$3.41K -365 -62%
BCM
25
Bares Capital Management
Texas
-$9.21M -1,012,182 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.