First Internet Bancorp
INBK
86 hedge funds and large institutions have $89.6M invested in First Internet Bancorp in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 35 reducing their positions, and 7 closing their positions.
9,650% more call options, than puts
Call options by funds: $975K | Put options by funds: $10K
11% more capital invested
Capital invested by funds: $80.7M → $89.6M (+$8.82M)
2.34% more ownership
Funds ownership: 61.03% → 63.37% (+2.3%)
0% more funds holding
Funds holding: 86 → 86 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
31% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.25M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.5M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.2M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$847K |
| 5 |
Citigroup
New York
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$944K |
| 2 |
Walleye Capital
New York
|
-$879K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$647K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$624K |
| 5 |
BlackRock
New York
|
-$524K |
INBK Hedge Fund Activity: Q3 2023 in Review
86 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2023, worth a combined $89.6M — up 11% from $80.7M a quarter earlier.
Fund positioning in INBK was balanced in Q3 2023: 7 funds opened new positions, 7 closed out, 24 added to existing stakes and 35 trimmed.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $2.25M. The largest seller was Heartland Advisors, cutting an estimated $944K.
- 86 institutional investors held First Internet Bancorp (INBK) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $89.6M of First Internet Bancorp stock for Q3 2023, up 11% quarter-over-quarter.
- 7 funds opened new First Internet Bancorp positions in Q3 2023 and 7 closed out, a net change of 0 holders.
- The largest First Internet Bancorp buyer in Q3 2023 was Fourthstone LLC, an estimated $2.25M added.
- The largest First Internet Bancorp seller in Q3 2023 was Heartland Advisors, an estimated $944K sold.
Based on aggregated 13F filings for Q3 2023.