First Internet Bancorp
INBK
84 hedge funds and large institutions have $153M invested in First Internet Bancorp in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 4 closing their positions.
14% more capital invested
Capital invested by funds: $134M → $153M (+$18.8M)
1.96% more ownership
Funds ownership: 68.41% → 70.37% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
2% less funds holding
Funds holding: 86 → 84 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.06M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.5M |
| 4 |
BlackRock
New York
|
+$1.32M |
| 5 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$2.54M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.57M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$964K |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$454K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$400K |
INBK Hedge Fund Activity: Q2 2019 in Review
84 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2019, worth a combined $153M — up 14% from $134M a quarter earlier.
Fund positioning in INBK was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 30 added to existing stakes and 32 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $3M. The largest seller was FJ Capital Management, cutting an estimated $2.54M.
- 84 institutional investors held First Internet Bancorp (INBK) as of Q2 2019, down from 86 in Q1 2019.
- Funds reported $153M of First Internet Bancorp stock for Q2 2019, up 14% quarter-over-quarter.
- 4 funds opened new First Internet Bancorp positions in Q2 2019 and 4 closed out, a net change of 0 holders.
- The largest First Internet Bancorp buyer in Q2 2019 was Brandywine Global Investment Management, an estimated $3M added.
- The largest First Internet Bancorp seller in Q2 2019 was FJ Capital Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2019.