First Internet Bancorp
INBK
32 hedge funds and large institutions have $45.9M invested in First Internet Bancorp in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
128% more capital inflows, than outflows
Capital inflows: $6.69M | Capital outflows: $2.94M
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
19.31% less ownership
Funds ownership: 64.61% → 45.3% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hennessy Advisors Inc
Novato,
California
|
+$1.96M |
| 2 |
Basswood Capital Management
New York
|
+$908K |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$389K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$220K |
| 5 |
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
-$1.46M |
| 2 |
CA
Continental Advisors
Park City,
Utah
|
-$726K |
| 3 |
Essex Investment Management
Boston,
Massachusetts
|
-$375K |
| 4 |
Alpine Woods Capital Investors
Purchase,
New York
|
-$115K |
| 5 |
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$63.6K |
INBK Hedge Fund Activity: Q1 2014 in Review
32 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2014, worth a combined $45.9M — up 10% from $41.6M a quarter earlier.
Fund positioning in INBK was balanced in Q1 2014: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 7 trimmed.
The largest buyer was Hennessy Advisors Inc, adding an estimated $1.96M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $1.46M sold.
- 32 institutional investors held First Internet Bancorp (INBK) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $45.9M of First Internet Bancorp stock for Q1 2014, up 10% quarter-over-quarter.
- 4 funds opened new First Internet Bancorp positions in Q1 2014 and 4 closed out, a net change of 0 holders.
- The largest First Internet Bancorp buyer in Q1 2014 was Hennessy Advisors Inc, an estimated $1.96M added.
- The largest First Internet Bancorp seller in Q1 2014 was Driehaus Capital Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2014.