Insteel Industries
IIIN
111 hedge funds and large institutions have $513M invested in Insteel Industries in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 24 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
1.22% less ownership
Funds ownership: 83.04% → 81.82% (-1.2%)
10% less capital invested
Capital invested by funds: $570M → $513M (-$56.8M)
12% less funds holding
Funds holding: 126 → 111 (-15)
35% less call options, than puts
Call options by funds: $320K | Put options by funds: $495K
63% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$7.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.4M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.74M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.48M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$6.85M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.18M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$2.6M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$2.43M |
| 5 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$2.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NI
126
Numeric Investors
Boston,
Massachusetts
| – | -$314K | -8,700 | Closed |
|
127
Squarepoint
New York
| – | -$287K | -7,938 | Closed |
|
|
GCA
128
Greenwood Capital Associates
Greenwood,
South Carolina
| – | -$200K | -5,536 | Closed |
|
|
QT
129
Quantbot Technologies
New York
| – | -$142K | -3,930 | Closed |
|
|
RA
130
Rational Advisors
Huntington,
New York
| – | -$43K | -1,200 | Closed |
|
|
FANJ
131
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$26K | -725 | Closed |
|
|
SWA
132
Sutton Wealth Advisors
Tampa,
Florida
| – | -$7.63K | -211 | Closed |
|
133
Simplex Trading
Chicago,
Illinois
| – | -$3K | -101 | Closed |
|
|
LTFS
134
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$2K | -57 | Closed |
|
IIIN Hedge Fund Activity: Q2 2017 in Review
111 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Insteel Industries (IIIN) for Q2 2017, worth a combined $513M — down 10% from $570M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of IIIN and 9 opened new positions — a net loss of 15 holders — while 42 trimmed existing stakes and 47 added.
The largest buyer was Franklin Resources, adding an estimated $7.07M. The largest seller was Cortina Asset Management, exiting entirely with an estimated $6.85M sold.
- 111 institutional investors held Insteel Industries (IIIN) as of Q2 2017, down from 126 in Q1 2017.
- Funds reported $513M of Insteel Industries stock for Q2 2017, down 10% quarter-over-quarter.
- 9 funds opened new Insteel Industries positions in Q2 2017 and 24 closed out, a net change of -15 holders.
- The largest Insteel Industries buyer in Q2 2017 was Franklin Resources, an estimated $7.07M added.
- The largest Insteel Industries seller in Q2 2017 was Cortina Asset Management, an estimated $6.85M sold.
Based on aggregated 13F filings for Q2 2017.