First Internet Bancorp
INBK
46 hedge funds and large institutions have $40.6M invested in First Internet Bancorp in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
28% more funds holding
Funds holding: 36 → 46 (+10)
21% more capital invested
Capital invested by funds: $33.5M → $40.6M (+$7.08M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.78M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$878K |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$738K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$338K |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.81M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$924K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$539K |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$523K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$263K |
INBK Hedge Fund Activity: Q3 2015 in Review
46 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2015, worth a combined $40.6M — up 21% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INBK positions and 1 closed out — a net gain of 10 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.78M. The largest seller was Royce & Associates, cutting an estimated $4.81M.
- 46 institutional investors held First Internet Bancorp (INBK) as of Q3 2015, up from 36 in Q2 2015.
- Funds reported $40.6M of First Internet Bancorp stock for Q3 2015, up 21% quarter-over-quarter.
- 11 funds opened new First Internet Bancorp positions in Q3 2015 and 1 closed out, a net change of +10 holders.
- The largest First Internet Bancorp buyer in Q3 2015 was EAM Investors, an estimated $1.78M added.
- The largest First Internet Bancorp seller in Q3 2015 was Royce & Associates, an estimated $4.81M sold.
Based on aggregated 13F filings for Q3 2015.