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First Internet Bancorp

96 hedge funds and large institutions have $203M invested in First Internet Bancorp in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 44 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

96% more capital invested

Capital invested by funds: $103M → $203M (+$99.2M)

7% more funds holding

Funds holding: 9096 (+6)

0.43% more ownership

Funds ownership: 71.67%72.1% (+0.43%)

45% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 44

Holders
96
Holders Change
+6
Holders Change %
+6.67%
% of All Funds
1.7%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
12
Increased
24
Reduced
44
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
1
Stieven Capital Advisors
Missouri
$22M -$880K -36,700 -5%
BlackRock
2
BlackRock
New York
$18.1M +$622K +25,953 +4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$17.4M +$129K +5,375 +0.9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$14.8M -$97.1K -4,049 -0.8%
KCM
5
Kennedy Capital Management
Missouri
$11.3M +$517K +21,561 +6%
HA
6
Heartland Advisors
Wisconsin
$10.5M -$137K -5,700 -2%
BFC
7
Banc Funds Company
Illinois
$10.2M +$348K +14,500 +4%
BGIM
8
Brandywine Global Investment Management
Pennsylvania
$6.16M +$67K +2,794 +1%
FP
9
Foundry Partners
Minnesota
$6.06M -$96K -4,005 -2%
State Street
10
State Street
Massachusetts
$4.82M -$128K -5,350 -3%
State of Wisconsin Investment Board
11
State of Wisconsin Investment Board
Wisconsin
$4.59M -$403K -16,800 -10%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$4.45M +$221K +9,224 +6%
Franklin Resources
13
Franklin Resources
California
$4.23M -$257K -10,700 -7%
VC
14
Voss Capital
Texas
$4.04M +$1.51M +63,063 +81%
AI
15
Acuitas Investments
Washington
$3.91M +$74.6K +3,110 +2%
FL
16
Fourthstone LLC
Missouri
$3.86M +$2.58M +107,751 +407%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$3.6M -$1.05M -43,810 -26%
CIS
18
Connors Investor Services
Pennsylvania
$3.43M -$38.3K -1,597 -1%
LSV Asset Management
19
LSV Asset Management
Illinois
$3.03M -$33.6K -1,400 -1%
Goldman Sachs
20
Goldman Sachs
New York
$3M -$96 -4 -0%
Northern Trust
21
Northern Trust
Illinois
$3M -$130K -5,406 -5%
JP Morgan Chase
22
JP Morgan Chase
New York
$2.34M +$244K +10,170 +14%
MSL
23
Mackay Shields LLC
New York
$1.9M -$45.6K -1,900 -3%
SCP
24
Seizert Capital Partners
Michigan
$1.69M -$663K -27,646 -32%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.57M -$91K -3,794 -6%

INBK Hedge Fund Activity: Q4 2020 in Review

96 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2020, worth a combined $203M — up 96% from $103M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new INBK positions and 6 closed out — a net gain of 6 holders — while 24 added to existing stakes and 44 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $2.58M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $1.05M.

  • 96 institutional investors held First Internet Bancorp (INBK) as of Q4 2020, up from 90 in Q3 2020.
  • Funds reported $203M of First Internet Bancorp stock for Q4 2020, up 96% quarter-over-quarter.
  • 12 funds opened new First Internet Bancorp positions in Q4 2020 and 6 closed out, a net change of +6 holders.
  • The largest First Internet Bancorp buyer in Q4 2020 was Fourthstone LLC, an estimated $2.58M added.
  • The largest First Internet Bancorp seller in Q4 2020 was Hotchkis & Wiley Capital Management, an estimated $1.05M sold.

Based on aggregated 13F filings for Q4 2020.