First Internet Bancorp
INBK
103 hedge funds and large institutions have $240M invested in First Internet Bancorp in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 14 reducing their positions, and 11 closing their positions.
286% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 14
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
14% more capital invested
Capital invested by funds: $211M → $240M (+$29.6M)
6% more funds holding
Funds holding: 97 → 103 (+6)
0.63% more ownership
Funds ownership: 67.84% → 68.47% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$8.71M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$7.13M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.53M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$3.04M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.03M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.78M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.23M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$982K |
INBK Hedge Fund Activity: Q2 2018 in Review
103 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2018, worth a combined $240M — up 14% from $211M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new INBK positions and 11 closed out — a net gain of 6 holders — while 54 added to existing stakes and 14 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $8.71M. The largest seller was JP Morgan Chase, cutting an estimated $4.03M.
- 103 institutional investors held First Internet Bancorp (INBK) as of Q2 2018, up from 97 in Q1 2018.
- Funds reported $240M of First Internet Bancorp stock for Q2 2018, up 14% quarter-over-quarter.
- 17 funds opened new First Internet Bancorp positions in Q2 2018 and 11 closed out, a net change of +6 holders.
- The largest First Internet Bancorp buyer in Q2 2018 was FJ Capital Management, an estimated $8.71M added.
- The largest First Internet Bancorp seller in Q2 2018 was JP Morgan Chase, an estimated $4.03M sold.
Based on aggregated 13F filings for Q2 2018.