Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
23 hedge funds and large institutions have $2.25M invested in Ignite Restaurant Group, Inc. in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
18% less funds holding
Funds holding: 28 → 23 (-5)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
85% less capital invested
Capital invested by funds: $15.5M → $2.25M (-$13.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$53.5K |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$40.9K |
| 3 |
Renaissance Technologies
New York
|
+$37.4K |
| 4 |
Goldman Sachs
New York
|
+$14.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.18K |
Top Sellers
| 1 |
First Manhattan
New York
|
-$270K |
| 2 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$212K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$166K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$163K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$47.3K |
IRG Hedge Fund Activity: Q4 2016 in Review
23 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q4 2016, worth a combined $2.25M — down 85% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IRG and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Royce & Associates, adding an estimated $53.5K. The largest seller was First Manhattan, cutting an estimated $270K.
- 23 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q4 2016, down from 28 in Q3 2016.
- Funds reported $2.25M of Ignite Restaurant Group, Inc. stock for Q4 2016, down 85% quarter-over-quarter.
- 3 funds opened new Ignite Restaurant Group, Inc. positions in Q4 2016 and 6 closed out, a net change of -3 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q4 2016 was Royce & Associates, an estimated $53.5K added.
- The largest Ignite Restaurant Group, Inc. seller in Q4 2016 was First Manhattan, an estimated $270K sold.
Based on aggregated 13F filings for Q4 2016.