Interface
TILE
184 hedge funds and large institutions have $874M invested in Interface in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 77 increasing their positions, 59 reducing their positions, and 34 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 59
7% more capital invested
Capital invested by funds: $814M → $874M (+$59.7M)
0.71% less ownership
Funds ownership: 96.06% → 95.36% (-0.71%)
8% less funds holding
Funds holding: 200 → 184 (-16)
44% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 34
97% less call options, than puts
Call options by funds: $33K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$7.69M |
| 3 |
TAM
Trillium Asset Management
Boston,
Massachusetts
|
+$4.97M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.19M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$11.4M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$6.63M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.73M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.63M |
TILE Hedge Fund Activity: Q1 2019 in Review
184 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q1 2019, worth a combined $874M — up 7.3% from $814M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TILE and 19 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 77 added.
The largest buyer was Frontier Capital Management, adding an estimated $14.5M. The largest seller was Rice Hall James & Associates, exiting entirely with an estimated $11.4M sold.
- 184 institutional investors held Interface (TILE) as of Q1 2019, down from 200 in Q4 2018.
- Funds reported $874M of Interface stock for Q1 2019, up 7.3% quarter-over-quarter.
- 19 funds opened new Interface positions in Q1 2019 and 34 closed out, a net change of -15 holders.
- The largest Interface buyer in Q1 2019 was Frontier Capital Management, an estimated $14.5M added.
- The largest Interface seller in Q1 2019 was Rice Hall James & Associates, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2019.