Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
33 hedge funds and large institutions have $36.9M invested in Ignite Restaurant Group, Inc. in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
52% less capital invested
Capital invested by funds: $77.3M → $36.9M (-$40.4M)
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$327K |
| 2 |
Goldman Sachs
New York
|
+$81K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$56.6K |
| 4 |
Morgan Stanley
New York
|
+$40.2K |
| 5 |
Renaissance Technologies
New York
|
+$32.7K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
Prelude Capital Management
New York
| $7K | -$3.37K | -1,300 | -22% |
|
27
Citigroup
New York
| $6K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $4K | +$7.34K | +2,830 | New |
|
29
Walleye Trading
New York
| $2K | -$8.3K | -3,200 | -74% |
|
|
BIM
30
BlackRock Investment Management
Wilmington,
Delaware
| $2K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| $1K | +$132 | +51 | +10% |
|
|
PAM
32
Paradigm Asset Management
New York
| – | -$81.3K | -25,100 | Closed |
|
|
SIP
33
Stoneridge Investment Partners
Radnor,
Pennsylvania
| – | -$77K | -23,753 | Closed |
|
34
New York State Common Retirement Fund
Albany,
New York
| – | -$40K | -12,346 | Closed |
|
35
Axa
Paris,
France
| – | -$35K | -10,927 | Closed |
|
|
BIG
36
Bellwether Investment Group
Chattanooga,
Tennessee
| – | +$26 | +10 | New |
|
IRG Hedge Fund Activity: Q2 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q2 2016, worth a combined $36.9M — down 52% from $77.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IRG and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 8 added.
The largest buyer was Royce & Associates, adding an estimated $327K. The largest seller was Skylands Capital, cutting an estimated $559K.
- 33 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $36.9M of Ignite Restaurant Group, Inc. stock for Q2 2016, down 52% quarter-over-quarter.
- 4 funds opened new Ignite Restaurant Group, Inc. positions in Q2 2016 and 5 closed out, a net change of -1 holder.
- The largest Ignite Restaurant Group, Inc. buyer in Q2 2016 was Royce & Associates, an estimated $327K added.
- The largest Ignite Restaurant Group, Inc. seller in Q2 2016 was Skylands Capital, an estimated $559K sold.
Based on aggregated 13F filings for Q2 2016.