First Internet Bancorp
INBK
36 hedge funds and large institutions have $33.5M invested in First Internet Bancorp in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
24% more capital invested
Capital invested by funds: $27M → $33.5M (+$6.52M)
9% more funds holding
Funds holding: 33 → 36 (+3)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.21M |
| 2 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$1.54M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$297K |
| 4 |
Renaissance Technologies
New York
|
+$233K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$2.4M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.16M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$766K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$230K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$213K |
INBK Hedge Fund Activity: Q2 2015 in Review
36 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2015, worth a combined $33.5M — up 24% from $27M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new INBK positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $2.21M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $2.4M sold.
- 36 institutional investors held First Internet Bancorp (INBK) as of Q2 2015, up from 33 in Q1 2015.
- Funds reported $33.5M of First Internet Bancorp stock for Q2 2015, up 24% quarter-over-quarter.
- 8 funds opened new First Internet Bancorp positions in Q2 2015 and 5 closed out, a net change of +3 holders.
- The largest First Internet Bancorp buyer in Q2 2015 was Driehaus Capital Management, an estimated $2.21M added.
- The largest First Internet Bancorp seller in Q2 2015 was Maltese Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2015.