International Money Express
IMXI
80 hedge funds and large institutions have $207M invested in International Money Express in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 20 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.21% less ownership
Funds ownership: 59.89% → 59.68% (-0.21%)
5% less funds holding
Funds holding: 84 → 80 (-4)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
25% less capital invested
Capital invested by funds: $274M → $207M (-$67.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Conifer Management
New York
|
+$14.2M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$11M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$8.31M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.49M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.28M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$7.7M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$7.03M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.18M |
IMXI Hedge Fund Activity: Q1 2020 in Review
80 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in International Money Express (IMXI) for Q1 2020, worth a combined $207M — down 25% from $274M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of IMXI and 18 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 33 added.
The largest buyer was Conifer Management, adding an estimated $14.2M. The largest seller was Fidelity Investments, exiting entirely with an estimated $17.1M sold.
- 80 institutional investors held International Money Express (IMXI) as of Q1 2020, down from 84 in Q4 2019.
- Funds reported $207M of International Money Express stock for Q1 2020, down 25% quarter-over-quarter.
- 18 funds opened new International Money Express positions in Q1 2020 and 20 closed out, a net change of -2 holders.
- The largest International Money Express buyer in Q1 2020 was Conifer Management, an estimated $14.2M added.
- The largest International Money Express seller in Q1 2020 was Fidelity Investments, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2020.