Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
50 hedge funds and large institutions have $307M invested in Ignite Restaurant Group, Inc. in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 10 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 53 → 50 (-3)
19% less capital invested
Capital invested by funds: $379M → $307M (-$72.1M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIMG
51
Stephens Investment Management Group
Houston,
Texas
| – | -$13.9M | -893,100 | Closed |
|
|
SAM
52
Scopus Asset Management
New York
| – | -$1.23M | -79,284 | Closed |
|
|
AR
53
Advisory Research
Chicago,
Illinois
| – | -$669K | -43,100 | Closed |
|
|
DM
54
Diker Management
New York
| – | -$431K | -27,800 | Closed |
|
|
IAM
55
Iridian Asset Management
Westport,
Connecticut
| – | -$256K | -16,480 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$17K | -1,081 | Closed |
|
|
SI
57
Stephens Inc
Little Rock,
Arkansas
| – | -$11K | -680 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$7K | -449 | Closed |
|
59
BlackRock
New York
| – | -$4K | -266 | Closed |
|
|
EFSCE
60
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -69 | Closed |
|
IRG Hedge Fund Activity: Q4 2013 in Review
50 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q4 2013, worth a combined $307M — down 19% from $379M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IRG and 7 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 20 added.
The largest buyer was Glenhill Advisors, opening a new position worth an estimated $7.89M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $13.9M sold.
- 50 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q4 2013, down from 53 in Q3 2013.
- Funds reported $307M of Ignite Restaurant Group, Inc. stock for Q4 2013, down 19% quarter-over-quarter.
- 7 funds opened new Ignite Restaurant Group, Inc. positions in Q4 2013 and 10 closed out, a net change of -3 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q4 2013 was Glenhill Advisors, an estimated $7.89M added.
- The largest Ignite Restaurant Group, Inc. seller in Q4 2013 was Stephens Investment Management Group, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2013.