Insteel Industries
IIIN
94 hedge funds and large institutions have $299M invested in Insteel Industries in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 10 closing their positions.
45% more capital invested
Capital invested by funds: $207M → $299M (+$92.1M)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
4% more funds holding
Funds holding: 90 → 94 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.79M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$3.07M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$2.74M |
| 4 |
PIM
Profit Investment Management
North Bethesda,
Maryland
|
+$1.92M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$9.38M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.66M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$1.97M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.44M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$988K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
101
A.R.T. Advisors
New York
| – | -$196K | -12,187 | Closed |
|
102
ProShare Advisors
Bethesda,
Maryland
| – | -$183K | -11,388 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$6K | -393 | Closed |
|
IIIN Hedge Fund Activity: Q4 2013 in Review
94 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Insteel Industries (IIIN) for Q4 2013, worth a combined $299M — up 45% from $207M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IIIN positions and 10 closed out — a net gain of 4 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was Royce & Associates, adding an estimated $4.79M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $9.38M sold.
- 94 institutional investors held Insteel Industries (IIIN) as of Q4 2013, up from 90 in Q3 2013.
- Funds reported $299M of Insteel Industries stock for Q4 2013, up 45% quarter-over-quarter.
- 14 funds opened new Insteel Industries positions in Q4 2013 and 10 closed out, a net change of +4 holders.
- The largest Insteel Industries buyer in Q4 2013 was Royce & Associates, an estimated $4.79M added.
- The largest Insteel Industries seller in Q4 2013 was First Eagle Investment Management, an estimated $9.38M sold.
Based on aggregated 13F filings for Q4 2013.