First Internet Bancorp
INBK
93 hedge funds and large institutions have $163M invested in First Internet Bancorp in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
12% more capital invested
Capital invested by funds: $145M → $163M (+$18M)
7% more funds holding
Funds holding: 87 → 93 (+6)
2.55% more ownership
Funds ownership: 67.81% → 70.36% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.55M |
| 2 |
Renaissance Technologies
New York
|
+$1.3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.01M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$769K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$8.24M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$824K |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$386K |
| 4 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
-$355K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$330K |
INBK Hedge Fund Activity: Q4 2019 in Review
93 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2019, worth a combined $163M — up 12% from $145M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new INBK positions and 6 closed out — a net gain of 6 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $1.55M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $8.24M sold.
- 93 institutional investors held First Internet Bancorp (INBK) as of Q4 2019, up from 87 in Q3 2019.
- Funds reported $163M of First Internet Bancorp stock for Q4 2019, up 12% quarter-over-quarter.
- 12 funds opened new First Internet Bancorp positions in Q4 2019 and 6 closed out, a net change of +6 holders.
- The largest First Internet Bancorp buyer in Q4 2019 was Banc Funds Company, an estimated $1.55M added.
- The largest First Internet Bancorp seller in Q4 2019 was Maltese Capital Management, an estimated $8.24M sold.
Based on aggregated 13F filings for Q4 2019.