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First Internet Bancorp

86 hedge funds and large institutions have $134M invested in First Internet Bancorp in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 29

0.34% more ownership

Funds ownership: 68.07%68.41% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 8886 (-2)

5% less capital invested

Capital invested by funds: $141M → $134M (-$7.13M)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

Holders
86
Holders Change
-2
Holders Change %
-2.27%
% of All Funds
1.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
30
Reduced
29
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
1
Stieven Capital Advisors
Missouri
$16M +$46.3K +2,200 +0.3%
BlackRock
2
BlackRock
New York
$10.5M -$232K -11,013 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$9.39M +$1.55M +73,468 +18%
Vanguard Group
4
Vanguard Group
Pennsylvania
$8.51M -$1.12M -53,144 -11%
HA
5
Heartland Advisors
Wisconsin
$7.27M -$1.35M -64,100 -15%
MCM
6
Maltese Capital Management
New York
$6.57M +$6.32M +300,000 +750%
KCM
7
Kennedy Capital Management
Missouri
$6.48M +$10.8K +513 +0.2%
FP
8
Foundry Partners
Minnesota
$5.24M -$91.6K -4,350 -2%
Franklin Resources
9
Franklin Resources
California
$4M
FCM
10
FJ Capital Management
Virginia
$3.91M +$219K +10,388 +5%
Hotchkis & Wiley Capital Management
11
Hotchkis & Wiley Capital Management
California
$3.88M +$1.47M +69,840 +53%
JC
12
JBF Capital
Colorado
$3.21M +$783K +37,200 +29%
PCM
13
Perritt Capital Management
Illinois
$3.15M -$217K -10,300 -6%
State Street
14
State Street
Massachusetts
$2.91M +$190K +9,014 +6%
Stifel Financial
15
Stifel Financial
Missouri
$2.88M -$109K -5,187 -3%
BFC
16
Banc Funds Company
Illinois
$2.69M
State of Wisconsin Investment Board
17
State of Wisconsin Investment Board
Wisconsin
$2.47M +$878K +41,700 +48%
Goldman Sachs
18
Goldman Sachs
New York
$2.43M +$335K +15,925 +14%
Northern Trust
19
Northern Trust
Illinois
$2.4M -$108K -5,118 -4%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$2.29M +$225K +10,694 +10%
CIS
21
Connors Investor Services
Pennsylvania
$2.2M +$125K +5,950 +6%
SCM
22
Signia Capital Management
Washington
$2.19M +$30.6K +1,454 +1%
PCM
23
Penn Capital Management
Pennsylvania
$2.11M -$928K -44,066 -29%
TAM
24
THB Asset Management
Connecticut
$1.73M -$3.74M -177,709 -67%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.49M +$72K +3,419 +5%

INBK Hedge Fund Activity: Q1 2019 in Review

86 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q1 2019, worth a combined $134M — down 5.1% from $141M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of INBK and 8 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 30 added.

The largest buyer was Maltese Capital Management, adding an estimated $6.32M. The largest seller was THB Asset Management, cutting an estimated $3.74M.

  • 86 institutional investors held First Internet Bancorp (INBK) as of Q1 2019, down from 88 in Q4 2018.
  • Funds reported $134M of First Internet Bancorp stock for Q1 2019, down 5.1% quarter-over-quarter.
  • 8 funds opened new First Internet Bancorp positions in Q1 2019 and 10 closed out, a net change of -2 holders.
  • The largest First Internet Bancorp buyer in Q1 2019 was Maltese Capital Management, an estimated $6.32M added.
  • The largest First Internet Bancorp seller in Q1 2019 was THB Asset Management, an estimated $3.74M sold.

Based on aggregated 13F filings for Q1 2019.