First Internet Bancorp
INBK
71 hedge funds and large institutions have $106M invested in First Internet Bancorp in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
6% more funds holding
Funds holding: 67 → 71 (+4)
1.15% more ownership
Funds ownership: 57.07% → 58.22% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $109M → $106M (-$2.94M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.67M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.47M |
| 3 |
BlackRock
New York
|
+$696K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$655K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.46M |
| 2 |
Millennium Management
New York
|
-$790K |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$681K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$604K |
| 5 |
Renaissance Technologies
New York
|
-$342K |
INBK Hedge Fund Activity: Q2 2017 in Review
71 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2017, worth a combined $106M — down 2.7% from $109M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new INBK positions and 5 closed out — a net gain of 4 holders — while 27 added to existing stakes and 20 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.67M. The largest seller was Putnam Investments, exiting entirely with an estimated $4.46M sold.
- 71 institutional investors held First Internet Bancorp (INBK) as of Q2 2017, up from 67 in Q1 2017.
- Funds reported $106M of First Internet Bancorp stock for Q2 2017, down 2.7% quarter-over-quarter.
- 9 funds opened new First Internet Bancorp positions in Q2 2017 and 5 closed out, a net change of +4 holders.
- The largest First Internet Bancorp buyer in Q2 2017 was Franklin Resources, an estimated $3.67M added.
- The largest First Internet Bancorp seller in Q2 2017 was Putnam Investments, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2017.