First Internet Bancorp
INBK
108 hedge funds and large institutions have $249M invested in First Internet Bancorp in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $203M → $249M (+$46.1M)
13% more funds holding
Funds holding: 96 → 108 (+12)
0.12% less ownership
Funds ownership: 72.1% → 71.98% (-0.12%)
20% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$2.56M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.68M |
| 3 |
BlackRock
New York
|
+$1.42M |
| 4 |
Renaissance Technologies
New York
|
+$1.06M |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$3.69M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.73M |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$1.69M |
| 4 |
VC
Voss Capital
Houston,
Texas
|
-$1.36M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
101
Steward Partners Investment Advisory
New York
| $7.19K | +$6.82K | +204 | New |
|
|
KTC
102
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $6K | – | – | – |
|
|
SIC
103
Salem Investment Counselors
Winston Salem,
North Carolina
| $5K | +$5.18K | +155 | New |
|
104
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $4K | +$3.44K | +103 | New |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
106
US Bancorp
Minneapolis,
Minnesota
| $2K | +$1.67K | +50 | New |
|
107
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
AIG
108
American International Group
New York
| $194 | +$468 | +14 | +0.3% |
|
|
SCP
109
Seizert Capital Partners
Birmingham,
Michigan
| – | -$1.69M | -58,637 | Closed |
|
|
KIM
110
Kestrel Investment Management
San Mateo,
California
| – | -$388K | -13,500 | Closed |
|
111
Squarepoint
New York
| – | -$322K | -11,202 | Closed |
|
|
NL
112
NWAM LLC
Mercer Island,
Washington
| – | -$279K | -9,715 | Closed |
|
|
SCC
113
Second Curve Capital
Radnor,
Pennsylvania
| – | -$230K | -8,000 | Closed |
|
INBK Hedge Fund Activity: Q1 2021 in Review
108 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2021, worth a combined $249M — up 23% from $203M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new INBK positions and 5 closed out — a net gain of 12 holders — while 32 added to existing stakes and 40 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $2.56M. The largest seller was Stieven Capital Advisors, cutting an estimated $3.69M.
- 108 institutional investors held First Internet Bancorp (INBK) as of Q1 2021, up from 96 in Q4 2020.
- Funds reported $249M of First Internet Bancorp stock for Q1 2021, up 23% quarter-over-quarter.
- 17 funds opened new First Internet Bancorp positions in Q1 2021 and 5 closed out, a net change of +12 holders.
- The largest First Internet Bancorp buyer in Q1 2021 was Boston Partners, an estimated $2.56M added.
- The largest First Internet Bancorp seller in Q1 2021 was Stieven Capital Advisors, an estimated $3.69M sold.
Based on aggregated 13F filings for Q1 2021.