First Internet Bancorp
INBK
90 hedge funds and large institutions have $103M invested in First Internet Bancorp in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 34 increasing their positions, 36 reducing their positions, and 7 closing their positions.
0.47% more ownership
Funds ownership: 71.2% → 71.67% (+0.47%)
6% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 36
3% less funds holding
Funds holding: 93 → 90 (-3)
11% less capital invested
Capital invested by funds: $116M → $103M (-$12.4M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Acuitas Investments
Seattle,
Washington
|
+$2.03M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.31M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$526K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$524K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.5M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$800K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$767K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$572K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$499K |
INBK Hedge Fund Activity: Q3 2020 in Review
90 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2020, worth a combined $103M — down 11% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of INBK and 4 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 34 added.
The largest buyer was Acuitas Investments, opening a new position worth an estimated $2.03M. The largest seller was JBF Capital, exiting entirely with an estimated $1.5M sold.
- 90 institutional investors held First Internet Bancorp (INBK) as of Q3 2020, down from 93 in Q2 2020.
- Funds reported $103M of First Internet Bancorp stock for Q3 2020, down 11% quarter-over-quarter.
- 4 funds opened new First Internet Bancorp positions in Q3 2020 and 7 closed out, a net change of -3 holders.
- The largest First Internet Bancorp buyer in Q3 2020 was Acuitas Investments, an estimated $2.03M added.
- The largest First Internet Bancorp seller in Q3 2020 was JBF Capital, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2020.