Interface
TILE
127 hedge funds and large institutions have $1.22B invested in Interface in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 63 increasing their positions, 34 reducing their positions, and 17 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 34
5% less funds holding
Funds holding: 134 → 127 (-7)
6% less capital invested
Capital invested by funds: $1.29B → $1.22B (-$75.4M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$29.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.1M |
| 3 |
Bank of New York Mellon
New York
|
+$19.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$10.5M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$9.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$73.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$31.1M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$22.9M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$17.4M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$10.1M |
TILE Hedge Fund Activity: Q2 2014 in Review
127 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q2 2014, worth a combined $1.22B — down 5.8% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TILE and 10 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 63 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $29.9M. The largest seller was Suntrust Banks, cutting an estimated $73.8M.
- 127 institutional investors held Interface (TILE) as of Q2 2014, down from 134 in Q1 2014.
- Funds reported $1.22B of Interface stock for Q2 2014, down 5.8% quarter-over-quarter.
- 10 funds opened new Interface positions in Q2 2014 and 17 closed out, a net change of -7 holders.
- The largest Interface buyer in Q2 2014 was Thrivent Financial for Lutherans, an estimated $29.9M added.
- The largest Interface seller in Q2 2014 was Suntrust Banks, an estimated $73.8M sold.
Based on aggregated 13F filings for Q2 2014.