First Internet Bancorp
INBK
112 hedge funds and large institutions have $247M invested in First Internet Bancorp in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 34 reducing their positions, and 17 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.7% less ownership
Funds ownership: 71.07% → 69.37% (-1.7%)
6% less funds holding
Funds holding: 119 → 112 (-7)
17% less capital invested
Capital invested by funds: $296M → $247M (-$49.2M)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.92M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.63M |
| 3 |
BlackRock
New York
|
+$1.53M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.05M |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
+$924K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$13.1M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.63M |
| 3 |
Renaissance Technologies
New York
|
-$1.43M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.09M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$808K |
INBK Hedge Fund Activity: Q2 2022 in Review
112 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2022, worth a combined $247M — down 17% from $296M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of INBK and 12 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 45 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $1.92M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $13.1M sold.
- 112 institutional investors held First Internet Bancorp (INBK) as of Q2 2022, down from 119 in Q1 2022.
- Funds reported $247M of First Internet Bancorp stock for Q2 2022, down 17% quarter-over-quarter.
- 12 funds opened new First Internet Bancorp positions in Q2 2022 and 17 closed out, a net change of -5 holders.
- The largest First Internet Bancorp buyer in Q2 2022 was Bridgeway Capital Management, an estimated $1.92M added.
- The largest First Internet Bancorp seller in Q2 2022 was Basswood Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2022.