International Money Express
IMXI
176 hedge funds and large institutions have $732M invested in International Money Express in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 69 reducing their positions, and 28 closing their positions.
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
2% less funds holding
Funds holding: 179 → 176 (-3)
1.78% less ownership
Funds ownership: 83.65% → 81.88% (-1.8%)
7% less capital invested
Capital invested by funds: $787M → $732M (-$55.1M)
16% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 69
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
44% less call options, than puts
Call options by funds: $130K | Put options by funds: $233K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.6M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$5.84M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.5M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$5.25M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.22M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$8.08M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.16M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$7.12M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
201
Lindbrook Capital
Calabasas,
California
| – | -$1.73K | -67 | Closed |
|
|
MCM
202
Manchester Capital Management
Manchester,
Vermont
| – | -$1.68K | -65 | Closed |
|
203
AssetMark Inc
Concord,
California
| – | -$619 | -24 | Closed |
|
|
PTC
204
Private Trust Company
Cleveland,
Ohio
| – | -$335 | -13 | Closed |
|
IMXI Hedge Fund Activity: Q2 2023 in Review
176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in International Money Express (IMXI) for Q2 2023, worth a combined $732M — down 7% from $787M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of IMXI and 27 opened new positions — a net loss of 1 holder — while 69 trimmed existing stakes and 58 added.
The largest buyer was Millennium Management, adding an estimated $12.6M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $9.22M sold.
- 176 institutional investors held International Money Express (IMXI) as of Q2 2023, down from 179 in Q1 2023.
- Funds reported $732M of International Money Express stock for Q2 2023, down 7% quarter-over-quarter.
- 27 funds opened new International Money Express positions in Q2 2023 and 28 closed out, a net change of -1 holder.
- The largest International Money Express buyer in Q2 2023 was Millennium Management, an estimated $12.6M added.
- The largest International Money Express seller in Q2 2023 was Portolan Capital Management, an estimated $9.22M sold.
Based on aggregated 13F filings for Q2 2023.