First Internet Bancorp
INBK
93 hedge funds and large institutions have $116M invested in First Internet Bancorp in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 91 → 93 (+2)
3% more capital invested
Capital invested by funds: $112M → $116M (+$3.36M)
0.54% more ownership
Funds ownership: 70.66% → 71.2% (+0.54%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$956K |
| 2 |
FMBTD
First Midwest Bank Trust Division
Joliet,
Illinois
|
+$909K |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$525K |
| 4 |
JP Morgan Chase
New York
|
+$515K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$1.03M |
| 2 |
Renaissance Technologies
New York
|
-$983K |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$723K |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$438K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$370K |
INBK Hedge Fund Activity: Q2 2020 in Review
93 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2020, worth a combined $116M — up 3% from $112M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new INBK positions and 7 closed out — a net gain of 2 holders — while 42 added to existing stakes and 28 trimmed.
The largest buyer was Seizert Capital Partners, adding an estimated $956K. The largest seller was Franklin Resources, cutting an estimated $1.03M.
- 93 institutional investors held First Internet Bancorp (INBK) as of Q2 2020, up from 91 in Q1 2020.
- Funds reported $116M of First Internet Bancorp stock for Q2 2020, up 3% quarter-over-quarter.
- 9 funds opened new First Internet Bancorp positions in Q2 2020 and 7 closed out, a net change of +2 holders.
- The largest First Internet Bancorp buyer in Q2 2020 was Seizert Capital Partners, an estimated $956K added.
- The largest First Internet Bancorp seller in Q2 2020 was Franklin Resources, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2020.