First Internet Bancorp
INBK
91 hedge funds and large institutions have $112M invested in First Internet Bancorp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.29% more ownership
Funds ownership: 70.36% → 70.66% (+0.29%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
2% less funds holding
Funds holding: 93 → 91 (-2)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
31% less capital invested
Capital invested by funds: $163M → $112M (-$50.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$1.52M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$1.03M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$996K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$900K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
-$1.56M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.02M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$743K |
| 4 |
Goldman Sachs
New York
|
-$732K |
| 5 |
Millennium Management
New York
|
-$560K |
INBK Hedge Fund Activity: Q1 2020 in Review
91 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2020, worth a combined $112M — down 31% from $163M a quarter earlier.
Fund positioning in INBK was balanced in Q1 2020: 9 funds opened new positions, 9 closed out, 31 added to existing stakes and 35 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $1.52M. The largest seller was Voss Capital, cutting an estimated $1.56M.
- 91 institutional investors held First Internet Bancorp (INBK) as of Q1 2020, down from 93 in Q4 2019.
- Funds reported $112M of First Internet Bancorp stock for Q1 2020, down 31% quarter-over-quarter.
- 9 funds opened new First Internet Bancorp positions in Q1 2020 and 9 closed out, a net change of 0 holders.
- The largest First Internet Bancorp buyer in Q1 2020 was LSV Asset Management, an estimated $1.52M added.
- The largest First Internet Bancorp seller in Q1 2020 was Voss Capital, an estimated $1.56M sold.
Based on aggregated 13F filings for Q1 2020.