First Internet Bancorp
INBK
100 hedge funds and large institutions have $213M invested in First Internet Bancorp in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 16 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 34
2.12% less ownership
Funds ownership: 71.98% → 69.86% (-2.1%)
7% less funds holding
Funds holding: 108 → 100 (-8)
14% less capital invested
Capital invested by funds: $249M → $213M (-$35.7M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.4M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.18M |
| 3 |
Millennium Management
New York
|
+$974K |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$826K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.51M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
-$2.04M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.36M |
| 4 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
-$1.2M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$1.18M |
INBK Hedge Fund Activity: Q2 2021 in Review
100 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2021, worth a combined $213M — down 14% from $249M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of INBK and 8 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 33 added.
The largest buyer was Goldman Sachs, adding an estimated $1.4M. The largest seller was BlackRock, cutting an estimated $4.51M.
- 100 institutional investors held First Internet Bancorp (INBK) as of Q2 2021, down from 108 in Q1 2021.
- Funds reported $213M of First Internet Bancorp stock for Q2 2021, down 14% quarter-over-quarter.
- 8 funds opened new First Internet Bancorp positions in Q2 2021 and 16 closed out, a net change of -8 holders.
- The largest First Internet Bancorp buyer in Q2 2021 was Goldman Sachs, an estimated $1.4M added.
- The largest First Internet Bancorp seller in Q2 2021 was BlackRock, an estimated $4.51M sold.
Based on aggregated 13F filings for Q2 2021.