Internap Corporation
INAP
INAP was delisted on the 25th of March, 2020.
76 hedge funds and large institutions have $51.5M invested in Internap Corporation in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 22 closing their positions.
224% more call options, than puts
Call options by funds: $340K | Put options by funds: $105K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 85 → 76 (-9)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
46% less capital invested
Capital invested by funds: $95.4M → $51.5M (-$43.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$4M |
| 2 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$978K |
| 3 |
Millennium Management
New York
|
+$586K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$514K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.28M |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$2.07M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$907K |
INAP Hedge Fund Activity: Q2 2019 in Review
76 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Internap Corporation (INAP) for Q2 2019, worth a combined $51.5M — down 46% from $95.4M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of INAP and 15 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 22 added.
The largest buyer was Solas Capital Management, opening a new position worth an estimated $4M. The largest seller was BlackRock, cutting an estimated $3.9M.
- 76 institutional investors held Internap Corporation (INAP) as of Q2 2019, down from 85 in Q1 2019.
- Funds reported $51.5M of Internap Corporation stock for Q2 2019, down 46% quarter-over-quarter.
- 15 funds opened new Internap Corporation positions in Q2 2019 and 22 closed out, a net change of -7 holders.
- The largest Internap Corporation buyer in Q2 2019 was Solas Capital Management, an estimated $4M added.
- The largest Internap Corporation seller in Q2 2019 was BlackRock, an estimated $3.9M sold.
Based on aggregated 13F filings for Q2 2019.