First Internet Bancorp
INBK
116 hedge funds and large institutions have $216M invested in First Internet Bancorp in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 6 closing their positions.
1,042% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $137K
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
31% more capital invested
Capital invested by funds: $165M → $216M (+$51.4M)
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
16% more funds holding
Funds holding: 100 → 116 (+16)
2.41% more ownership
Funds ownership: 70.4% → 72.81% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.22M |
| 2 |
BlackRock
New York
|
+$2.03M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.53M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.37M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.57M |
| 2 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$1.34M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.03M |
| 4 |
Millennium Management
New York
|
-$938K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$778K |
INBK Hedge Fund Activity: Q3 2024 in Review
116 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in First Internet Bancorp (INBK) for Q3 2024, worth a combined $216M — up 31% from $165M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new INBK positions and 6 closed out — a net gain of 16 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, adding an estimated $3.22M. The largest seller was Brandywine Global Investment Management, cutting an estimated $1.57M.
- 116 institutional investors held First Internet Bancorp (INBK) as of Q3 2024, up from 100 in Q2 2024.
- Funds reported $216M of First Internet Bancorp stock for Q3 2024, up 31% quarter-over-quarter.
- 22 funds opened new First Internet Bancorp positions in Q3 2024 and 6 closed out, a net change of +16 holders.
- The largest First Internet Bancorp buyer in Q3 2024 was Invesco, an estimated $3.22M added.
- The largest First Internet Bancorp seller in Q3 2024 was Brandywine Global Investment Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q3 2024.