Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
28 hedge funds and large institutions have $15.5M invested in Ignite Restaurant Group, Inc. in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 33 → 28 (-5)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
58% less capital invested
Capital invested by funds: $36.9M → $15.5M (-$21.4M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$462K |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$262K |
| 3 |
Renaissance Technologies
New York
|
+$36K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.39K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.32K |
Top Sellers
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$562K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$96K |
| 3 |
RA
Royce & Associates
New York
|
-$71.8K |
| 4 |
JP Morgan Chase
New York
|
-$58.6K |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| $1K | – | – | – |
|
|
GCP
27
GSA Capital Partners
London,
United Kingdom
| – | -$96K | -61,338 | Closed |
|
28
Goldman Sachs
New York
| – | -$49K | -31,219 | Closed |
|
29
Dimensional Fund Advisors
Austin,
Texas
| – | -$31K | -19,671 | Closed |
|
|
PCM
30
Prelude Capital Management
New York
| – | -$7K | -4,600 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$4K | -2,830 | Closed |
|
32
Simplex Trading
Chicago,
Illinois
| – | +$116 | +100 | New |
|
33
Bank of America
Charlotte,
North Carolina
| – | +$621 | +534 | +97% |
|
IRG Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q3 2016, worth a combined $15.5M — down 58% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IRG and 2 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Ameriprise, adding an estimated $462K. The largest seller was Advisory Research, cutting an estimated $562K.
- 28 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q3 2016, down from 33 in Q2 2016.
- Funds reported $15.5M of Ignite Restaurant Group, Inc. stock for Q3 2016, down 58% quarter-over-quarter.
- 2 funds opened new Ignite Restaurant Group, Inc. positions in Q3 2016 and 6 closed out, a net change of -4 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q3 2016 was Ameriprise, an estimated $462K added.
- The largest Ignite Restaurant Group, Inc. seller in Q3 2016 was Advisory Research, an estimated $562K sold.
Based on aggregated 13F filings for Q3 2016.