First Internet Bancorp
INBK
49 hedge funds and large institutions have $37.2M invested in First Internet Bancorp in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more funds holding
Funds holding: 46 → 49 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $40.6M → $37.2M (-$3.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Argent Capital Management
St Louis,
Missouri
|
+$1.08M |
| 2 |
Renaissance Technologies
New York
|
+$440K |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$313K |
| 4 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$272K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.68M |
| 2 |
RA
Royce & Associates
New York
|
-$320K |
| 3 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
-$233K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$82.4K |
| 5 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
-$66.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
51
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$32K | -1,000 | Closed |
|
|
AP
52
Atwood & Palmer
Kansas City,
Missouri
| – | -$6K | -200 | Closed |
|
53
Creative Planning
Overland Park,
Kansas
| – | -$3.08K | -100 | -95% |
|
INBK Hedge Fund Activity: Q4 2015 in Review
49 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2015, worth a combined $37.2M — down 8.3% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new INBK positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Argent Capital Management, opening a new position worth an estimated $1.08M. The largest seller was Driehaus Capital Management, cutting an estimated $1.68M.
- 49 institutional investors held First Internet Bancorp (INBK) as of Q4 2015, up from 46 in Q3 2015.
- Funds reported $37.2M of First Internet Bancorp stock for Q4 2015, down 8.3% quarter-over-quarter.
- 8 funds opened new First Internet Bancorp positions in Q4 2015 and 5 closed out, a net change of +3 holders.
- The largest First Internet Bancorp buyer in Q4 2015 was Argent Capital Management, an estimated $1.08M added.
- The largest First Internet Bancorp seller in Q4 2015 was Driehaus Capital Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q4 2015.