Internap Corporation
INAP
INAP was delisted on the 25th of March, 2020.
90 hedge funds and large institutions have $188M invested in Internap Corporation in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 29 reducing their positions, and 9 closing their positions.
33% more call options, than puts
Call options by funds: $463K | Put options by funds: $349K
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
14% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 29
2% more funds holding
Funds holding: 88 → 90 (+2)
31% less capital invested
Capital invested by funds: $270M → $188M (-$82.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$5.84M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.49M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$3.11M |
| 4 |
Millennium Management
New York
|
+$2M |
| 5 |
PCM
Prelude Capital Management
New York
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$9.19M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.05M |
| 3 |
Renaissance Technologies
New York
|
-$4.09M |
| 4 |
AC
Avenir Corporation
Alexandria,
Virginia
|
-$2.17M |
| 5 |
Two Sigma Advisers
New York
|
-$1.44M |
INAP Hedge Fund Activity: Q1 2018 in Review
90 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Internap Corporation (INAP) for Q1 2018, worth a combined $188M — down 31% from $270M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INAP positions and 9 closed out — a net gain of 2 holders — while 33 added to existing stakes and 29 trimmed.
The largest buyer was Cannell Capital, adding an estimated $5.84M. The largest seller was Park West Asset Management, cutting an estimated $9.19M.
- 90 institutional investors held Internap Corporation (INAP) as of Q1 2018, up from 88 in Q4 2017.
- Funds reported $188M of Internap Corporation stock for Q1 2018, down 31% quarter-over-quarter.
- 11 funds opened new Internap Corporation positions in Q1 2018 and 9 closed out, a net change of +2 holders.
- The largest Internap Corporation buyer in Q1 2018 was Cannell Capital, an estimated $5.84M added.
- The largest Internap Corporation seller in Q1 2018 was Park West Asset Management, an estimated $9.19M sold.
Based on aggregated 13F filings for Q1 2018.