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First Internet Bancorp

32 hedge funds and large institutions have $27.4M invested in First Internet Bancorp in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

3% more funds holding

Funds holding: 3132 (+1)

4% more capital invested

Capital invested by funds: $26.3M → $27.4M (+$1.03M)

Holders
32
Holders Change
+1
Holders Change %
+3.23%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$6.48M -$549K -31,643 -8%
BCM
2
Basswood Capital Management
New York
$4.12M -$75.5K -4,350 -2%
RA
3
Royce & Associates
New York
$3.78M +$210K +12,100 +6%
Stifel Financial
4
Stifel Financial
Missouri
$2.89M +$76.8K +4,425 +3%
NC
5
Northpointe Capital
Michigan
$2.26M +$381K +21,936 +19%
FP
6
Foundry Partners
Minnesota
$1.44M +$105K +6,075 +8%
Vanguard Group
7
Vanguard Group
Pennsylvania
$1.21M +$45.1K +2,600 +4%
KIG
8
Kessler Investment Group
Indiana
$746K -$33.5K -1,929 -4%
DCM
9
Driehaus Capital Management
Illinois
$699K +$725K +41,777 New
WS
10
Wedbush Securities
California
$646K
TA
11
Teton Advisors
New York
$536K
Victory Capital Management
12
Victory Capital Management
Texas
$500K +$518K +29,855 New
PCM
13
Perritt Capital Management
Illinois
$469K
Renaissance Technologies
14
Renaissance Technologies
New York
$417K +$42.1K +2,424 +11%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$255K
AWCI
16
Alpine Woods Capital Investors
New York
$232K +$66.7K +3,840 +38%
BFA
17
BlackRock Fund Advisors
California
$218K +$16.3K +936 +8%
CCA
18
Catalyst Capital Advisors
New York
$117K
FNBT
19
FineMark National Bank & Trust
Florida
$100K
Morgan Stanley
20
Morgan Stanley
New York
$86K
FFC
21
First Financial Corp
Indiana
$75K
UBS Group
22
UBS Group
Switzerland
$25K +$25.5K +1,470 New
BIM
23
BlackRock Investment Management
Delaware
$13K
AP
24
Atwood & Palmer
Missouri
$12K
BBPWM
25
Blue Bell Private Wealth Management
Pennsylvania
$10K -$10.4K -600 -50%

INBK Hedge Fund Activity: Q4 2014 in Review

32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2014, worth a combined $27.4M — up 3.9% from $26.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new INBK positions and 5 closed out — a net gain of 3 holders — while 8 added to existing stakes and 5 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $725K. The largest seller was Wellington Management Group, cutting an estimated $549K.

  • 32 institutional investors held First Internet Bancorp (INBK) as of Q4 2014, up from 31 in Q3 2014.
  • Funds reported $27.4M of First Internet Bancorp stock for Q4 2014, up 3.9% quarter-over-quarter.
  • 8 funds opened new First Internet Bancorp positions in Q4 2014 and 5 closed out, a net change of +3 holders.
  • The largest First Internet Bancorp buyer in Q4 2014 was Driehaus Capital Management, an estimated $725K added.
  • The largest First Internet Bancorp seller in Q4 2014 was Wellington Management Group, an estimated $549K sold.

Based on aggregated 13F filings for Q4 2014.