First Internet Bancorp
INBK
100 hedge funds and large institutions have $139M invested in First Internet Bancorp in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 21 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
6% less funds holding
Funds holding: 106 → 100 (-6)
7.97% less ownership
Funds ownership: 69.97% → 62% (-8%)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
38% less capital invested
Capital invested by funds: $223M → $139M (-$83.8M)
45% less call options, than puts
Call options by funds: $109K | Put options by funds: $199K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$4.03M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.08M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$485K |
| 5 |
D.E. Shaw & Co
New York
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$4.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.5M |
| 3 |
KOCAA
Knights of Columbus Asset Advisors
New Haven,
Connecticut
|
-$1.89M |
| 4 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.68M |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
-$1.49M |
INBK Hedge Fund Activity: Q4 2022 in Review
100 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2022, worth a combined $139M — down 38% from $223M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of INBK and 16 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 31 added.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $4.03M. The largest seller was Stieven Capital Advisors, cutting an estimated $4.9M.
- 100 institutional investors held First Internet Bancorp (INBK) as of Q4 2022, down from 106 in Q3 2022.
- Funds reported $139M of First Internet Bancorp stock for Q4 2022, down 38% quarter-over-quarter.
- 16 funds opened new First Internet Bancorp positions in Q4 2022 and 21 closed out, a net change of -5 holders.
- The largest First Internet Bancorp buyer in Q4 2022 was Patriot Financial Partners, an estimated $4.03M added.
- The largest First Internet Bancorp seller in Q4 2022 was Stieven Capital Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q4 2022.