Insteel Industries
IIIN
119 hedge funds and large institutions have $201M invested in Insteel Industries in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
10% more funds holding
Funds holding: 108 → 119 (+11)
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
1.61% less ownership
Funds ownership: 80.44% → 78.83% (-1.6%)
40% less capital invested
Capital invested by funds: $333M → $201M (-$132M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $11K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.01M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.04M |
| 3 |
Morgan Stanley
New York
|
+$1.95M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$1.72M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$12.5M |
| 2 |
FWC
First Washington Corp
Seattle,
Washington
|
-$3.05M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.18M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.16M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$914K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
126
Aperio Group
Sausalito,
California
| – | -$230K | -10,681 | Closed |
|
|
CS
127
Credit Suisse
Zurich,
Switzerland
| – | -$230K | -10,675 | Closed |
|
|
EGM
128
Engineers Gate Manager
New York
| – | -$229K | -10,653 | Closed |
|
|
EMG
129
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$204K | -9,500 | Closed |
|
|
PCM
130
Prelude Capital Management
New York
| – | -$32K | -1,475 | Closed |
|
131
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$11K | -500 | Closed |
|
|
TWA
132
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -61 | Closed |
|
|
PFBT
133
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$456 | +23 | New |
|
IIIN Hedge Fund Activity: Q1 2020 in Review
119 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Insteel Industries (IIIN) for Q1 2020, worth a combined $201M — down 40% from $333M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new IIIN positions and 14 closed out — a net gain of 12 holders — while 36 added to existing stakes and 35 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $4.01M. The largest seller was Royce & Associates, cutting an estimated $12.5M.
- 119 institutional investors held Insteel Industries (IIIN) as of Q1 2020, up from 108 in Q4 2019.
- Funds reported $201M of Insteel Industries stock for Q1 2020, down 40% quarter-over-quarter.
- 26 funds opened new Insteel Industries positions in Q1 2020 and 14 closed out, a net change of +12 holders.
- The largest Insteel Industries buyer in Q1 2020 was SG Capital Management, an estimated $4.01M added.
- The largest Insteel Industries seller in Q1 2020 was Royce & Associates, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2020.