Internap Corporation
INAP
INAP was delisted on the 25th of March, 2020.
93 hedge funds and large institutions have $88.6M invested in Internap Corporation in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 16 reducing their positions, and 18 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 16
121% more call options, than puts
Call options by funds: $523K | Put options by funds: $237K
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
3% more funds holding
Funds holding: 90 → 93 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
60% less capital invested
Capital invested by funds: $221M → $88.6M (-$132M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$11.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.45M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$5.77M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$4.42M |
| 5 |
PCM
Proxima Capital Management
New York
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$7.45M |
| 2 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$4.59M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$4.32M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.85M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
101
MetLife Investment Management
Whippany,
New Jersey
| – | -$121K | -9,616 | Closed |
|
|
MLICM
102
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$89.7K | -7,105 | Closed |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$64K | -5,000 | Closed |
|
|
ST
104
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$23K | -1,782 | Closed |
|
|
HNB
105
Huntington National Bank
Columbus,
Ohio
| – | +$7 | +1 | New |
|
|
LPC
106
Loeb Partners Corp
New York
| – | +$30 | +4 | New |
|
|
AIA
107
Alera Investment Advisors
Deerfield,
Illinois
| – | +$37 | +5 | New |
|
INAP Hedge Fund Activity: Q4 2018 in Review
93 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Internap Corporation (INAP) for Q4 2018, worth a combined $88.6M — down 60% from $221M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new INAP positions and 18 closed out — a net gain of 3 holders — while 40 added to existing stakes and 16 trimmed.
The largest buyer was North Run Capital, opening a new position worth an estimated $11.8M. The largest seller was Cannell Capital, exiting entirely with an estimated $7.45M sold.
- 93 institutional investors held Internap Corporation (INAP) as of Q4 2018, up from 90 in Q3 2018.
- Funds reported $88.6M of Internap Corporation stock for Q4 2018, down 60% quarter-over-quarter.
- 21 funds opened new Internap Corporation positions in Q4 2018 and 18 closed out, a net change of +3 holders.
- The largest Internap Corporation buyer in Q4 2018 was North Run Capital, an estimated $11.8M added.
- The largest Internap Corporation seller in Q4 2018 was Cannell Capital, an estimated $7.45M sold.
Based on aggregated 13F filings for Q4 2018.