Interface
TILE
181 hedge funds and large institutions have $1.15B invested in Interface in 2015 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 81 increasing their positions, 56 reducing their positions, and 31 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 56
4% less funds holding
Funds holding: 188 → 181 (-7)
15% less capital invested
Capital invested by funds: $1.36B → $1.15B (-$205M)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$31.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$17.8M |
| 3 |
Bank of New York Mellon
New York
|
+$17.8M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$17.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$22.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.5M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
-$16.5M |
| 4 |
Millennium Management
New York
|
-$15.7M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$15.4M |
TILE Hedge Fund Activity: Q4 2015 in Review
181 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q4 2015, worth a combined $1.15B — down 15% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TILE and 26 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 81 added.
The largest buyer was RS Investment Management, opening a new position worth an estimated $31.5M. The largest seller was Goldman Sachs, cutting an estimated $22.5M.
- 181 institutional investors held Interface (TILE) as of Q4 2015, down from 188 in Q3 2015.
- Funds reported $1.15B of Interface stock for Q4 2015, down 15% quarter-over-quarter.
- 26 funds opened new Interface positions in Q4 2015 and 31 closed out, a net change of -5 holders.
- The largest Interface buyer in Q4 2015 was RS Investment Management, an estimated $31.5M added.
- The largest Interface seller in Q4 2015 was Goldman Sachs, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2015.