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First Internet Bancorp

49 hedge funds and large institutions have $37.2M invested in First Internet Bancorp in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

7% more funds holding

Funds holding: 4649 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less capital invested

Capital invested by funds: $40.6M → $37.2M (-$3.36M)

Holders
49
Holders Change
+3
Holders Change %
+6.52%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
17
Reduced
9
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
$8.6M
Stifel Financial
2
Stifel Financial
Missouri
$4.19M -$8.15K -265 -0.2%
DCM
3
Driehaus Capital Management
Illinois
$2.86M -$1.68M -54,633 -35%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.39M +$25K +814 +1%
FP
5
Foundry Partners
Minnesota
$2.29M -$82.4K -2,678 -3%
Renaissance Technologies
6
Renaissance Technologies
New York
$1.74M +$440K +14,300 +31%
EI
7
EAM Investors
California
$1.71M +$7.23K +235 +0.4%
SCM
8
Signia Capital Management
Washington
$1.41M -$50.9K -1,654 -3%
SFM
9
Systematic Financial Management
New Jersey
$1.13M +$313K +10,165 +35%
KIG
10
Kessler Investment Group
Indiana
$1.11M -$66.7K -2,169 -5%
ACM
11
Argent Capital Management
Missouri
$1.01M +$1.08M +35,100 New
New York State Common Retirement Fund
12
New York State Common Retirement Fund
New York
$947K +$257K +8,350 +34%
WS
13
Wedbush Securities
California
$926K -$35.4K -1,150 -3%
TA
14
Teton Advisors
New York
$918K
Victory Capital Management
15
Victory Capital Management
Texas
$765K +$113K +3,675 +16%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$608K +$41.9K +1,363 +7%
CAM
17
ClariVest Asset Management
California
$526K +$74.6K +2,425 +15%
OAM
18
Oberweis Asset Management
Illinois
$466K +$272K +8,840 +119%
BFA
19
BlackRock Fund Advisors
California
$397K +$12K +391 +3%
Northern Trust
20
Northern Trust
Illinois
$367K +$46.1K +1,500 +13%
Morgan Stanley
21
Morgan Stanley
New York
$338K +$142K +4,624 +65%
AWCI
22
Alpine Woods Capital Investors
New York
$316K
PCM
23
Perritt Capital Management
Illinois
$287K
BIT
24
BlackRock Institutional Trust
California
$268K +$85.1K +2,765 +42%
EGA
25
Eagle Global Advisors
Texas
$248K

INBK Hedge Fund Activity: Q4 2015 in Review

49 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2015, worth a combined $37.2M — down 8.3% from $40.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new INBK positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 9 trimmed.

The largest buyer was Argent Capital Management, opening a new position worth an estimated $1.08M. The largest seller was Driehaus Capital Management, cutting an estimated $1.68M.

  • 49 institutional investors held First Internet Bancorp (INBK) as of Q4 2015, up from 46 in Q3 2015.
  • Funds reported $37.2M of First Internet Bancorp stock for Q4 2015, down 8.3% quarter-over-quarter.
  • 8 funds opened new First Internet Bancorp positions in Q4 2015 and 5 closed out, a net change of +3 holders.
  • The largest First Internet Bancorp buyer in Q4 2015 was Argent Capital Management, an estimated $1.08M added.
  • The largest First Internet Bancorp seller in Q4 2015 was Driehaus Capital Management, an estimated $1.68M sold.

Based on aggregated 13F filings for Q4 2015.