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First Internet Bancorp

84 hedge funds and large institutions have $153M invested in First Internet Bancorp in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $134M → $153M (+$18.8M)

1.96% more ownership

Funds ownership: 68.41%70.37% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

6% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 32

2% less funds holding

Funds holding: 8684 (-2)

Holders
84
Holders Change
-2
Holders Change %
-2.33%
% of All Funds
1.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
30
Reduced
32
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
1
Stieven Capital Advisors
Missouri
$17.6M -$215K -10,100 -1%
BlackRock
2
BlackRock
New York
$13M +$1.32M +61,866 +11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$11.6M +$2.06M +96,683 +22%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$11.2M +$699K +32,835 +7%
HA
5
Heartland Advisors
Wisconsin
$8.29M +$179K +8,400 +2%
MCM
6
Maltese Capital Management
New York
$7.17M -$155K -7,300 -2%
KCM
7
Kennedy Capital Management
Missouri
$7.13M -$89K -4,178 -1%
FP
8
Foundry Partners
Minnesota
$5.79M -$44.7K -2,100 -0.8%
Franklin Resources
9
Franklin Resources
California
$4.45M
BGIM
10
Brandywine Global Investment Management
Pennsylvania
$4.31M +$3M +140,900 +239%
JC
11
JBF Capital
Colorado
$3.51M -$68.2K -3,200 -2%
State Street
12
State Street
Massachusetts
$3.45M +$204K +9,564 +6%
Hotchkis & Wiley Capital Management
13
Hotchkis & Wiley Capital Management
California
$3.35M -$964K -45,250 -23%
Stifel Financial
14
Stifel Financial
Missouri
$3.16M -$34.5K -1,621 -1%
PCM
15
Perritt Capital Management
Illinois
$3.11M -$400K -18,800 -12%
BFC
16
Banc Funds Company
Illinois
$2.99M
State of Wisconsin Investment Board
17
State of Wisconsin Investment Board
Wisconsin
$2.81M +$61.8K +2,900 +2%
Northern Trust
18
Northern Trust
Illinois
$2.74M +$67.6K +3,172 +3%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$2.74M +$181K +8,495 +7%
Goldman Sachs
20
Goldman Sachs
New York
$2.55M -$158K -7,428 -6%
CIS
21
Connors Investor Services
Pennsylvania
$2.42M -$37.6K -1,764 -2%
MSL
22
Mackay Shields LLC
New York
$2.41M +$1.5M +70,456 +171%
SCM
23
Signia Capital Management
Washington
$2.32M -$120K -5,613 -5%
FCM
24
FJ Capital Management
Virginia
$1.8M -$2.54M -119,388 -59%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.66M -$4.41K -207 -0.3%

INBK Hedge Fund Activity: Q2 2019 in Review

84 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q2 2019, worth a combined $153M — up 14% from $134M a quarter earlier.

Fund positioning in INBK was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 30 added to existing stakes and 32 trimmed.

The largest buyer was Brandywine Global Investment Management, adding an estimated $3M. The largest seller was FJ Capital Management, cutting an estimated $2.54M.

  • 84 institutional investors held First Internet Bancorp (INBK) as of Q2 2019, down from 86 in Q1 2019.
  • Funds reported $153M of First Internet Bancorp stock for Q2 2019, up 14% quarter-over-quarter.
  • 4 funds opened new First Internet Bancorp positions in Q2 2019 and 4 closed out, a net change of 0 holders.
  • The largest First Internet Bancorp buyer in Q2 2019 was Brandywine Global Investment Management, an estimated $3M added.
  • The largest First Internet Bancorp seller in Q2 2019 was FJ Capital Management, an estimated $2.54M sold.

Based on aggregated 13F filings for Q2 2019.