Interface
TILE
165 hedge funds and large institutions have $405M invested in Interface in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 26 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 45
6% more call options, than puts
Call options by funds: $178K | Put options by funds: $168K
0.62% more ownership
Funds ownership: 91.18% → 91.8% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 176 → 165 (-11)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
54% less capital invested
Capital invested by funds: $884M → $405M (-$479M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$15.2M |
| 2 |
Bank of New York Mellon
New York
|
+$5.04M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.93M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.94M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$18M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$10.1M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$7.05M |
| 4 |
BlackRock
New York
|
-$4.92M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$2.27M |
TILE Hedge Fund Activity: Q1 2020 in Review
165 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q1 2020, worth a combined $405M — down 54% from $884M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TILE and 17 opened new positions — a net loss of 9 holders — while 45 trimmed existing stakes and 69 added.
The largest buyer was LSV Asset Management, adding an estimated $15.2M. The largest seller was Ariel Investments, exiting entirely with an estimated $18M sold.
- 165 institutional investors held Interface (TILE) as of Q1 2020, down from 176 in Q4 2019.
- Funds reported $405M of Interface stock for Q1 2020, down 54% quarter-over-quarter.
- 17 funds opened new Interface positions in Q1 2020 and 26 closed out, a net change of -9 holders.
- The largest Interface buyer in Q1 2020 was LSV Asset Management, an estimated $15.2M added.
- The largest Interface seller in Q1 2020 was Ariel Investments, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2020.