First Internet Bancorp
INBK
96 hedge funds and large institutions have $137M invested in First Internet Bancorp in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 5 closing their positions.
20,357% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $7K
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
53% more capital invested
Capital invested by funds: $89.6M → $137M (+$47.1M)
12% more funds holding
Funds holding: 86 → 96 (+10)
2.04% more ownership
Funds ownership: 63.37% → 65.41% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
43% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Acuitas Investments
Seattle,
Washington
|
+$1.55M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$967K |
| 3 |
Jane Street
New York
|
+$642K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$558K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$754K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$729K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$662K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$567K |
| 5 |
Renaissance Technologies
New York
|
-$550K |
INBK Hedge Fund Activity: Q4 2023 in Review
96 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q4 2023, worth a combined $137M — up 53% from $89.6M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new INBK positions and 5 closed out — a net gain of 11 holders — while 21 added to existing stakes and 37 trimmed.
The largest buyer was Acuitas Investments, opening a new position worth an estimated $1.55M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $754K.
- 96 institutional investors held First Internet Bancorp (INBK) as of Q4 2023, up from 86 in Q3 2023.
- Funds reported $137M of First Internet Bancorp stock for Q4 2023, up 53% quarter-over-quarter.
- 16 funds opened new First Internet Bancorp positions in Q4 2023 and 5 closed out, a net change of +11 holders.
- The largest First Internet Bancorp buyer in Q4 2023 was Acuitas Investments, an estimated $1.55M added.
- The largest First Internet Bancorp seller in Q4 2023 was Hotchkis & Wiley Capital Management, an estimated $754K sold.
Based on aggregated 13F filings for Q4 2023.