Interface
TILE
188 hedge funds and large institutions have $1.36B invested in Interface in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 82 increasing their positions, 60 reducing their positions, and 26 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 60
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
4% more funds holding
Funds holding: 180 → 188 (+8)
12% less capital invested
Capital invested by funds: $1.53B → $1.36B (-$178M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$30.3M |
| 2 |
Bank of New York Mellon
New York
|
+$26.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.6M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$9.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$76.1M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$32M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$24.7M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$14.7M |
| 5 |
Goldman Sachs
New York
|
-$8.68M |
TILE Hedge Fund Activity: Q3 2015 in Review
188 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q3 2015, worth a combined $1.36B — down 12% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TILE positions and 26 closed out — a net gain of 9 holders — while 82 added to existing stakes and 60 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $30.3M. The largest seller was Virtus Fund Advisers, cutting an estimated $76.1M.
- 188 institutional investors held Interface (TILE) as of Q3 2015, up from 180 in Q2 2015.
- Funds reported $1.36B of Interface stock for Q3 2015, down 12% quarter-over-quarter.
- 35 funds opened new Interface positions in Q3 2015 and 26 closed out, a net change of +9 holders.
- The largest Interface buyer in Q3 2015 was BlackRock Institutional Trust, an estimated $30.3M added.
- The largest Interface seller in Q3 2015 was Virtus Fund Advisers, an estimated $76.1M sold.
Based on aggregated 13F filings for Q3 2015.