First Internet Bancorp
INBK
31 hedge funds and large institutions have $26.3M invested in First Internet Bancorp in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more funds holding
Funds holding: 29 → 31 (+2)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less capital invested
Capital invested by funds: $39.3M → $26.3M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$400K |
| 2 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
+$220K |
| 3 |
RA
Royce & Associates
New York
|
+$187K |
| 4 |
BCM
Basswood Capital Management
New York
|
+$155K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.98M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$1.61M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.35M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$871K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $16K | +$3.15K | +177 | +22% |
|
|
BIM
27
BlackRock Investment Management
Wilmington,
Delaware
| $13K | -$142 | -8 | -1% |
|
|
AP
28
Atwood & Palmer
Kansas City,
Missouri
| $11K | – | – | – |
|
|
GSC
29
Ground Swell Capital
Folly Beach,
South Carolina
| $5K | -$4.57K | -257 | -44% |
|
30
Barclays
London,
United Kingdom
| $5K | +$5.33K | +300 | New |
|
|
HAI
31
Hennessy Advisors Inc
Novato,
California
| – | -$2.98M | -144,443 | Closed |
|
|
EA
32
Emerald Advisers
Leola,
Pennsylvania
| – | -$1.61M | -78,017 | Closed |
|
|
EMFAT
33
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$1.35M | -65,774 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | +$89 | +5 | New |
|
INBK Hedge Fund Activity: Q3 2014 in Review
31 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2014, worth a combined $26.3M — down 33% from $39.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new INBK positions and 3 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $400K. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $2.98M sold.
- 31 institutional investors held First Internet Bancorp (INBK) as of Q3 2014, up from 29 in Q2 2014.
- Funds reported $26.3M of First Internet Bancorp stock for Q3 2014, down 33% quarter-over-quarter.
- 5 funds opened new First Internet Bancorp positions in Q3 2014 and 3 closed out, a net change of +2 holders.
- The largest First Internet Bancorp buyer in Q3 2014 was Renaissance Technologies, an estimated $400K added.
- The largest First Internet Bancorp seller in Q3 2014 was Hennessy Advisors Inc, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2014.