First Internet Bancorp
INBK
102 hedge funds and large institutions have $221M invested in First Internet Bancorp in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 23 reducing their positions, and 13 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 23
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $175M → $221M (+$46.3M)
7% more funds holding
Funds holding: 95 → 102 (+7)
5% more ownership
Funds ownership: 63.87% → 68.87% (+5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.49M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$4.22M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.3M |
| 4 |
BlackRock
New York
|
+$2.93M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.95M |
| 2 |
ZDA
Zweig-DiMenna Associates
New York
|
-$1.13M |
| 3 |
Two Sigma Investments
New York
|
-$1.12M |
| 4 |
Renaissance Technologies
New York
|
-$919K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$844K |
INBK Hedge Fund Activity: Q4 2017 in Review
102 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2017, worth a combined $221M — up 27% from $175M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new INBK positions and 13 closed out — a net gain of 7 holders — while 42 added to existing stakes and 23 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.49M. The largest seller was Wellington Management Group, exiting entirely with an estimated $6.95M sold.
- 102 institutional investors held First Internet Bancorp (INBK) as of Q4 2017, up from 95 in Q3 2017.
- Funds reported $221M of First Internet Bancorp stock for Q4 2017, up 27% quarter-over-quarter.
- 20 funds opened new First Internet Bancorp positions in Q4 2017 and 13 closed out, a net change of +7 holders.
- The largest First Internet Bancorp buyer in Q4 2017 was JP Morgan Chase, an estimated $4.49M added.
- The largest First Internet Bancorp seller in Q4 2017 was Wellington Management Group, an estimated $6.95M sold.
Based on aggregated 13F filings for Q4 2017.