Ignite Restaurant Group, Inc.
IRG
IRG was delisted on the 13th of March, 2017.
33 hedge funds and large institutions have $36.9M invested in Ignite Restaurant Group, Inc. in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
52% less capital invested
Capital invested by funds: $77.4M → $36.9M (-$40.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$327K |
| 2 |
Goldman Sachs
New York
|
+$81K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$56.6K |
| 4 |
Morgan Stanley
New York
|
+$40.2K |
| 5 |
Renaissance Technologies
New York
|
+$32.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$559K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$205K |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
-$107K |
| 4 |
PAM
Paradigm Asset Management
New York
|
-$81.3K |
| 5 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
-$77K |
IRG Hedge Fund Activity: Q2 2016 in Review
33 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ignite Restaurant Group, Inc. (IRG) for Q2 2016, worth a combined $36.9M — down 52% from $77.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IRG and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 8 added.
The largest buyer was Royce & Associates, adding an estimated $327K. The largest seller was Skylands Capital, cutting an estimated $559K.
- 33 institutional investors held Ignite Restaurant Group, Inc. (IRG) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $36.9M of Ignite Restaurant Group, Inc. stock for Q2 2016, down 52% quarter-over-quarter.
- 4 funds opened new Ignite Restaurant Group, Inc. positions in Q2 2016 and 5 closed out, a net change of -1 holder.
- The largest Ignite Restaurant Group, Inc. buyer in Q2 2016 was Royce & Associates, an estimated $327K added.
- The largest Ignite Restaurant Group, Inc. seller in Q2 2016 was Skylands Capital, an estimated $559K sold.
Based on aggregated 13F filings for Q2 2016.