Insteel Industries
IIIN
136 hedge funds and large institutions have $433M invested in Insteel Industries in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 56 increasing their positions, 31 reducing their positions, and 16 closing their positions.
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
81% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 31
50% more capital invested
Capital invested by funds: $289M → $433M (+$144M)
19% more funds holding
Funds holding: 114 → 136 (+22)
48% less call options, than puts
Call options by funds: $308K | Put options by funds: $594K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.44M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.81M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.42M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$3.5M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$12.4M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$10.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.62M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$4.71M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.41M |
IIIN Hedge Fund Activity: Q1 2016 in Review
136 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Insteel Industries (IIIN) for Q1 2016, worth a combined $433M — up 50% from $289M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new IIIN positions and 16 closed out — a net gain of 23 holders — while 56 added to existing stakes and 31 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $6.44M. The largest seller was Rutabaga Capital Management, cutting an estimated $12.4M.
- 136 institutional investors held Insteel Industries (IIIN) as of Q1 2016, up from 114 in Q4 2015.
- Funds reported $433M of Insteel Industries stock for Q1 2016, up 50% quarter-over-quarter.
- 39 funds opened new Insteel Industries positions in Q1 2016 and 16 closed out, a net change of +23 holders.
- The largest Insteel Industries buyer in Q1 2016 was Acadian Asset Management, an estimated $6.44M added.
- The largest Insteel Industries seller in Q1 2016 was Rutabaga Capital Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2016.