First Internet Bancorp
INBK
120 hedge funds and large institutions have $326M invested in First Internet Bancorp in 2021 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 27 increasing their positions, 40 reducing their positions, and 6 closing their positions.
400% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more capital invested
Capital invested by funds: $211M → $326M (+$115M)
25% more funds holding
Funds holding: 96 → 120 (+24)
1.66% more ownership
Funds ownership: 68.71% → 70.37% (+1.7%)
33% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.25M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$2.95M |
| 3 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
+$2.37M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.66M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$3.97M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.87M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$1.68M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.57M |
| 5 |
Goldman Sachs
New York
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$40 | +1 | New |
|
INBK Hedge Fund Activity: Q4 2021 in Review
120 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2021, worth a combined $326M — up 54% from $211M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new INBK positions and 6 closed out — a net gain of 24 holders — while 27 added to existing stakes and 40 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $6.25M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $3.97M sold.
- 120 institutional investors held First Internet Bancorp (INBK) as of Q4 2021, up from 96 in Q3 2021.
- Funds reported $326M of First Internet Bancorp stock for Q4 2021, up 54% quarter-over-quarter.
- 30 funds opened new First Internet Bancorp positions in Q4 2021 and 6 closed out, a net change of +24 holders.
- The largest First Internet Bancorp buyer in Q4 2021 was Basswood Capital Management, an estimated $6.25M added.
- The largest First Internet Bancorp seller in Q4 2021 was Fourthstone LLC, an estimated $3.97M sold.
Based on aggregated 13F filings for Q4 2021.