Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
53 hedge funds and large institutions have $379M invested in Ignite Restaurant Group, Inc. in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 16 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 62 → 53 (-9)
17% less capital invested
Capital invested by funds: $456M → $379M (-$76.3M)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$11.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.98M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.56M |
| 4 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
+$978K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$763K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$6.88M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.46M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$1.89M |
| 4 |
FIM
Friedberg Investment Management
Houston,
Texas
|
-$1.77M |
| 5 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$1.61M |
IRG Hedge Fund Activity: Q3 2013 in Review
53 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q3 2013, worth a combined $379M — down 17% from $456M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IRG and 7 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 26 added.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $11.3M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $6.88M sold.
- 53 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q3 2013, down from 62 in Q2 2013.
- Funds reported $379M of Ignite Restaurant Group, Inc. stock for Q3 2013, down 17% quarter-over-quarter.
- 7 funds opened new Ignite Restaurant Group, Inc. positions in Q3 2013 and 16 closed out, a net change of -9 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q3 2013 was Thrivent Financial for Lutherans, an estimated $11.3M added.
- The largest Ignite Restaurant Group, Inc. seller in Q3 2013 was Eagle Asset Management, an estimated $6.88M sold.
Based on aggregated 13F filings for Q3 2013.