First Internet Bancorp
INBK
119 hedge funds and large institutions have $296M invested in First Internet Bancorp in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.71% more ownership
Funds ownership: 70.37% → 71.07% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 120 → 119 (-1)
9% less capital invested
Capital invested by funds: $326M → $296M (-$29.7M)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$7.23M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.73M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.94M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.72M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.19M |
| 2 |
JAMONY
Jacob Asset Management of New York
Hermosa Beach,
California
|
-$2.28M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$2.04M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.64M |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
-$1.31M |
INBK Hedge Fund Activity: Q1 2022 in Review
119 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2022, worth a combined $296M — down 9.1% from $326M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INBK positions and 10 closed out — a net gain of 1 holder — while 36 added to existing stakes and 40 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $7.23M. The largest seller was Goldman Sachs, cutting an estimated $6.19M.
- 119 institutional investors held First Internet Bancorp (INBK) as of Q1 2022, down from 120 in Q4 2021.
- Funds reported $296M of First Internet Bancorp stock for Q1 2022, down 9.1% quarter-over-quarter.
- 11 funds opened new First Internet Bancorp positions in Q1 2022 and 10 closed out, a net change of +1 holder.
- The largest First Internet Bancorp buyer in Q1 2022 was Basswood Capital Management, an estimated $7.23M added.
- The largest First Internet Bancorp seller in Q1 2022 was Goldman Sachs, an estimated $6.19M sold.
Based on aggregated 13F filings for Q1 2022.