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First Internet Bancorp

49 hedge funds and large institutions have $29.1M invested in First Internet Bancorp in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

0% more funds holding

Funds holding: 4949 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

22% less capital invested

Capital invested by funds: $37.2M → $29.1M (-$8.2M)

Holders
49
Holders Change
Holders Change %
0%
% of All Funds
1.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
16
Reduced
11
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$7M
Stifel Financial
2
Stifel Financial
Missouri
$3.39M -$29.2K -1,160 -0.8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.1M +$165K +6,564 +8%
FP
4
Foundry Partners
Minnesota
$1.93M +$77K +3,061 +4%
Renaissance Technologies
5
Renaissance Technologies
New York
$1.86M +$483K +19,200 +32%
SCM
6
Signia Capital Management
Washington
$1.13M -$24.1K -957 -2%
ACM
7
Argent Capital Management
Missouri
$1.1M +$297K +11,800 +34%
EI
8
EAM Investors
California
$1.05M -$376K -14,942 -25%
KIG
9
Kessler Investment Group
Indiana
$898K -$7.9K -314 -0.8%
TA
10
Teton Advisors
New York
$748K
WS
11
Wedbush Securities
California
$738K -$17.6K -700 -2%
NI
12
Numeric Investors
Massachusetts
$686K +$739K +29,359 New
Victory Capital Management
13
Victory Capital Management
Texas
$623K
CAM
14
ClariVest Asset Management
California
$604K +$189K +7,519 +41%
DCM
15
Driehaus Capital Management
Illinois
$599K -$1.86M -73,960 -74%
Morgan Stanley
16
Morgan Stanley
New York
$553K +$299K +11,898 +101%
OAM
17
Oberweis Asset Management
Illinois
$434K +$58.1K +2,310 +14%
Bank of America
18
Bank of America
North Carolina
$414K +$385K +15,299 +637%
BFA
19
BlackRock Fund Advisors
California
$324K +$830 +33 +0.2%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$311K +$198K +7,866 +145%
Northern Trust
21
Northern Trust
Illinois
$290K -$9.21K -366 -3%
AIM
22
Acrospire Investment Management
Illinois
$288K +$310K +12,320 New
BIT
23
BlackRock Institutional Trust
California
$245K +$28.8K +1,145 +12%
Deutsche Bank
24
Deutsche Bank
Germany
$244K +$92.2K +3,663 +54%
PCM
25
Perritt Capital Management
Illinois
$234K

INBK Hedge Fund Activity: Q1 2016 in Review

49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2016, worth a combined $29.1M — down 22% from $37.2M a quarter earlier.

Fund positioning in INBK was balanced in Q1 2016: 10 funds opened new positions, 10 closed out, 16 added to existing stakes and 11 trimmed.

The largest buyer was Numeric Investors, opening a new position worth an estimated $739K. The largest seller was Driehaus Capital Management, cutting an estimated $1.86M.

  • 49 institutional investors held First Internet Bancorp (INBK) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $29.1M of First Internet Bancorp stock for Q1 2016, down 22% quarter-over-quarter.
  • 10 funds opened new First Internet Bancorp positions in Q1 2016 and 10 closed out, a net change of 0 holders.
  • The largest First Internet Bancorp buyer in Q1 2016 was Numeric Investors, an estimated $739K added.
  • The largest First Internet Bancorp seller in Q1 2016 was Driehaus Capital Management, an estimated $1.86M sold.

Based on aggregated 13F filings for Q1 2016.