Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
56 hedge funds and large institutions have $353M invested in Ignite Restaurant Group, Inc. in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
15% more capital invested
Capital invested by funds: $307M → $353M (+$45.4M)
12% more funds holding
Funds holding: 50 → 56 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $206K
Top Buyers
| 1 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$5.21M |
| 2 |
GA
Glenhill Advisors
New York
|
+$1.28M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.22M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$1.1M |
| 5 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$750K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
51
Elite Wealth Management
Kirkland,
Washington
| $6K | -$252K | -19,300 | -98% |
|
52
Teacher Retirement System of Texas
Austin,
Texas
| $4K | -$78 | -6 | -2% |
|
53
Barclays
London,
United Kingdom
| $4K | +$1.6K | +123 | +70% |
|
54
BNP Paribas Financial Markets
Paris,
France
| $1.71K | -$977 | -75 | -38% |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $228 | -$822K | -63,095 | -80% |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$81K | -6,500 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$7.58K | -582 | -97% |
|
58
Invesco
Atlanta,
Georgia
| – | -$4K | -346 | Closed |
|
IRG Hedge Fund Activity: Q1 2014 in Review
56 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q1 2014, worth a combined $353M — up 15% from $307M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IRG positions and 2 closed out — a net gain of 6 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Lafitte Capital Management, opening a new position worth an estimated $5.21M. The largest seller was Schroder Investment Management Group, cutting an estimated $3.36M.
- 56 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q1 2014, up from 50 in Q4 2013.
- Funds reported $353M of Ignite Restaurant Group, Inc. stock for Q1 2014, up 15% quarter-over-quarter.
- 8 funds opened new Ignite Restaurant Group, Inc. positions in Q1 2014 and 2 closed out, a net change of +6 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q1 2014 was Lafitte Capital Management, an estimated $5.21M added.
- The largest Ignite Restaurant Group, Inc. seller in Q1 2014 was Schroder Investment Management Group, an estimated $3.36M sold.
Based on aggregated 13F filings for Q1 2014.