First Internet Bancorp
INBK
33 hedge funds and large institutions have $27M invested in First Internet Bancorp in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 32 → 33 (+1)
1% less capital invested
Capital invested by funds: $27.4M → $27M (-$355K)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| 1 |
MCM
Maltese Capital Management
New York
|
+$2.14M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$277K |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$245K |
| 4 |
Renaissance Technologies
New York
|
+$109K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.7K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $11K | – | – | – |
|
|
QI
27
QS Investors
New York
| $9K | +$828 | +50 | +11% |
|
|
AP
28
Atwood & Palmer
Kansas City,
Missouri
| $4K | -$8.28K | -500 | -71% |
|
|
TDC
29
Thompson Davis & Co
Richmond,
Virginia
| $2K | -$2.07K | -125 | -50% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1K | -$7.2K | -435 | -87% |
|
|
GC
31
Globeflex Capital
San Diego,
California
| $1K | -$232 | -14 | -27% |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7 | – | – | – |
|
|
BCM
33
Basswood Capital Management
New York
| – | -$4.12M | -246,171 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$25K | -1,470 | Closed |
|
INBK Hedge Fund Activity: Q1 2015 in Review
33 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2015, worth a combined $27M — down 1.3% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new INBK positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $2.14M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $4.12M sold.
- 33 institutional investors held First Internet Bancorp (INBK) as of Q1 2015, up from 32 in Q4 2014.
- Funds reported $27M of First Internet Bancorp stock for Q1 2015, down 1.3% quarter-over-quarter.
- 3 funds opened new First Internet Bancorp positions in Q1 2015 and 2 closed out, a net change of +1 holder.
- The largest First Internet Bancorp buyer in Q1 2015 was Maltese Capital Management, an estimated $2.14M added.
- The largest First Internet Bancorp seller in Q1 2015 was Basswood Capital Management, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2015.