Insteel Industries
IIIN
155 hedge funds and large institutions have $546M invested in Insteel Industries in 2018 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 10 closing their positions.
440% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 10
95% more call options, than puts
Call options by funds: $832K | Put options by funds: $426K
37% more funds holding
Funds holding: 113 → 155 (+42)
4% more capital invested
Capital invested by funds: $524M → $546M (+$21.5M)
2.64% less ownership
Funds ownership: 82.33% → 79.69% (-2.6%)
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.6M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$7M |
| 3 |
BlackRock
New York
|
+$4.75M |
| 4 |
Two Sigma Investments
New York
|
+$4.56M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$16.2M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$11.8M |
| 3 |
RA
Royce & Associates
New York
|
-$9.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.18M |
| 5 |
EOJOAM
E. Ohman J:or Asset Management
Stockholm,
Sweden
|
-$5.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EOJOAM
151
E. Ohman J:or Asset Management
Stockholm,
Sweden
| – | -$5.92M | -177,354 | Closed |
|
152
HighTower Advisors
Chicago,
Illinois
| – | -$1.12M | -33,308 | Closed |
|
|
IECM
153
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$1.05M | -31,326 | Closed |
|
|
OC
154
Oppenheimer & Co
New York
| – | -$850K | -25,450 | Closed |
|
155
Stifel Financial
St. Louis,
Missouri
| – | -$323K | -9,703 | Closed |
|
156
Envestnet Asset Management
Chicago,
Illinois
| – | -$203K | -6,092 | Closed |
|
|
WPC
157
White Pine Capital
Bloomington,
Minnesota
| – | -$200K | -6,000 | Closed |
|
158
SG Americas Securities
New York
| – | -$141K | -4,236 | Closed |
|
|
PIA
159
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$141K | -4,222 | Closed |
|
160
Group One Trading
Chicago,
Illinois
| – | -$10K | -300 | Closed |
|
|
CAG
161
Csenge Advisory Group
Clearwater,
Florida
| – | +$192 | +5 | New |
|
162
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$384 | +10 | New |
|
|
VCM
163
Versant Capital Management
Phoenix,
Arizona
| – | +$1.04K | +27 | New |
|
IIIN Hedge Fund Activity: Q3 2018 in Review
155 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Insteel Industries (IIIN) for Q3 2018, worth a combined $546M — up 4.1% from $524M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new IIIN positions and 10 closed out — a net gain of 44 holders — while 36 added to existing stakes and 42 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $9.6M. The largest seller was Franklin Resources, cutting an estimated $16.2M.
- 155 institutional investors held Insteel Industries (IIIN) as of Q3 2018, up from 113 in Q2 2018.
- Funds reported $546M of Insteel Industries stock for Q3 2018, up 4.1% quarter-over-quarter.
- 54 funds opened new Insteel Industries positions in Q3 2018 and 10 closed out, a net change of +44 holders.
- The largest Insteel Industries buyer in Q3 2018 was Millennium Management, an estimated $9.6M added.
- The largest Insteel Industries seller in Q3 2018 was Franklin Resources, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2018.