First Internet Bancorp
INBK
49 hedge funds and large institutions have $29.5M 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.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
0% more funds holding
Funds holding: 49 → 49 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
21% less capital invested
Capital invested by funds: $37.3M → $29.5M (-$7.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$739K |
| 2 |
Renaissance Technologies
New York
|
+$483K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$385K |
| 4 |
Morgan Stanley
New York
|
+$299K |
| 5 |
ACM
Argent Capital Management
St Louis,
Missouri
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.86M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.13M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$947K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$376K |
| 5 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$201K |
INBK Hedge Fund Activity: Q1 2016 in Review
49 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2016, worth a combined $29.5M — down 21% from $37.3M 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 $29.5M of First Internet Bancorp stock for Q1 2016, down 21% 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.