Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
49 hedge funds and large institutions have $149M invested in Ignite Restaurant Group, Inc. in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 20 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less funds holding
Funds holding: 61 → 49 (-12)
60% less capital invested
Capital invested by funds: $369M → $149M (-$220M)
60% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$10.4M |
| 2 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$3.22M |
| 3 |
JP Morgan Chase
New York
|
+$611K |
| 4 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
+$585K |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.1M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$4.56M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$2.08M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.05M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.04M |
IRG Hedge Fund Activity: Q3 2014 in Review
49 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q3 2014, worth a combined $149M — down 60% from $369M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of IRG and 8 opened new positions — a net loss of 12 holders — while 11 trimmed existing stakes and 22 added.
The largest buyer was First Manhattan, adding an estimated $10.4M. The largest seller was Wellington Management Group, cutting an estimated $5.1M.
- 49 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q3 2014, down from 61 in Q2 2014.
- Funds reported $149M of Ignite Restaurant Group, Inc. stock for Q3 2014, down 60% quarter-over-quarter.
- 8 funds opened new Ignite Restaurant Group, Inc. positions in Q3 2014 and 20 closed out, a net change of -12 holders.
- The largest Ignite Restaurant Group, Inc. buyer in Q3 2014 was First Manhattan, an estimated $10.4M added.
- The largest Ignite Restaurant Group, Inc. seller in Q3 2014 was Wellington Management Group, an estimated $5.1M sold.
Based on aggregated 13F filings for Q3 2014.