First Internet Bancorp
INBK
86 hedge funds and large institutions have $134M invested in First Internet Bancorp in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 10 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0.34% more ownership
Funds ownership: 68.07% → 68.41% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 88 → 86 (-2)
5% less capital invested
Capital invested by funds: $141M → $134M (-$7.13M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$6.32M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.55M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.47M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.02M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$878K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.74M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$2.25M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$1.88M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.35M |
| 5 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$1.14M |
INBK Hedge Fund Activity: Q1 2019 in Review
86 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2019, worth a combined $134M — down 5.1% from $141M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of INBK and 8 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 30 added.
The largest buyer was Maltese Capital Management, adding an estimated $6.32M. The largest seller was THB Asset Management, cutting an estimated $3.74M.
- 86 institutional investors held First Internet Bancorp (INBK) as of Q1 2019, down from 88 in Q4 2018.
- Funds reported $134M of First Internet Bancorp stock for Q1 2019, down 5.1% quarter-over-quarter.
- 8 funds opened new First Internet Bancorp positions in Q1 2019 and 10 closed out, a net change of -2 holders.
- The largest First Internet Bancorp buyer in Q1 2019 was Maltese Capital Management, an estimated $6.32M added.
- The largest First Internet Bancorp seller in Q1 2019 was THB Asset Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2019.