First Internet Bancorp
INBK
84 hedge funds and large institutions have $153M invested in First Internet Bancorp in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 4 closing their positions.
14% more capital invested
Capital invested by funds: $134M → $153M (+$18.8M)
1.96% more ownership
Funds ownership: 68.41% → 70.37% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
2% less funds holding
Funds holding: 86 → 84 (-2)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
76
Ameritas Investment Partners
Lincoln,
Nebraska
| $15K | – | – | – |
|
|
BCA
77
Bray Capital Advisors
Naples,
Florida
| $7K | – | – | – |
|
|
PCP
78
Proficio Capital Partners
Newton,
Massachusetts
| $6K | +$937 | +44 | +20% |
|
|
KTC
79
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $4K | – | – | – |
|
|
QI
80
QS Investors
New York
| $3K | – | – | – |
|
81
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | -$11.4K | -537 | -91% |
|
|
BCA
82
Berman Capital Advisors
Atlanta,
Georgia
| $1K | – | – | – |
|
83
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
MERSOM
84
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$454K | -23,480 | Closed |
|
85
Russell Investments Group
London,
United Kingdom
| – | -$220K | -11,378 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$4K | -209 | Closed |
|
87
Canada Life
Winnipeg,
Manitoba, Canada
| – | +$43 | +2 | +14% |
|
INBK Hedge Fund Activity: Q2 2019 in Review
84 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2019, worth a combined $153M — up 14% from $134M a quarter earlier.
Fund positioning in INBK was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 30 added to existing stakes and 32 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $3M. The largest seller was FJ Capital Management, cutting an estimated $2.54M.
- 84 institutional investors held First Internet Bancorp (INBK) as of Q2 2019, down from 86 in Q1 2019.
- Funds reported $153M of First Internet Bancorp stock for Q2 2019, up 14% quarter-over-quarter.
- 4 funds opened new First Internet Bancorp positions in Q2 2019 and 4 closed out, a net change of 0 holders.
- The largest First Internet Bancorp buyer in Q2 2019 was Brandywine Global Investment Management, an estimated $3M added.
- The largest First Internet Bancorp seller in Q2 2019 was FJ Capital Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2019.