First Internet Bancorp
INBK
119 hedge funds and large institutions have $138M invested in First Internet Bancorp in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 46 increasing their positions, 36 reducing their positions, and 9 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 36
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1% more funds holding
Funds holding: 118 → 119 (+1)
2.56% less ownership
Funds ownership: 73.22% → 70.65% (-2.6%)
19% less capital invested
Capital invested by funds: $171M → $138M (-$32.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$828K |
| 2 |
D.E. Shaw & Co
New York
|
+$810K |
| 3 |
Walleye Capital
New York
|
+$691K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$667K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$646K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$2.19M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.82M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$852K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$517K |
| 5 |
Millennium Management
New York
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jones Financial Companies
Des Peres,
Missouri
| – | -$18.6K | -680 | Closed |
|
|
TSMHT
127
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| – | -$4.06K | -150 | Closed |
|
128
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$243 | -9 | Closed |
|
INBK Hedge Fund Activity: Q3 2025 in Review
119 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2025, worth a combined $138M — down 19% from $171M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INBK positions and 9 closed out — a net gain of 2 holders — while 46 added to existing stakes and 36 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $828K. The largest seller was Fourthstone LLC, cutting an estimated $2.19M.
- 119 institutional investors held First Internet Bancorp (INBK) as of Q3 2025, up from 118 in Q2 2025.
- Funds reported $138M of First Internet Bancorp stock for Q3 2025, down 19% quarter-over-quarter.
- 11 funds opened new First Internet Bancorp positions in Q3 2025 and 9 closed out, a net change of +2 holders.
- The largest First Internet Bancorp buyer in Q3 2025 was Russell Investments Group, an estimated $828K added.
- The largest First Internet Bancorp seller in Q3 2025 was Fourthstone LLC, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2025.