Interface
TILE
179 hedge funds and large institutions have $1.13B invested in Interface in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 33 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 60
2% less capital invested
Capital invested by funds: $1.15B → $1.13B (-$18.8M)
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
1% less funds holding
Funds holding: 181 → 179 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$19.2M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$14.1M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$10.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$9.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$23.8M |
| 2 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$20.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.6M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$15.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$10.4M |
TILE Hedge Fund Activity: Q1 2016 in Review
179 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q1 2016, worth a combined $1.13B — down 1.6% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TILE and 31 opened new positions — a net loss of 2 holders — while 60 trimmed existing stakes and 71 added.
The largest buyer was Balyasny Asset Management, adding an estimated $30.4M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $23.8M sold.
- 179 institutional investors held Interface (TILE) as of Q1 2016, down from 181 in Q4 2015.
- Funds reported $1.13B of Interface stock for Q1 2016, down 1.6% quarter-over-quarter.
- 31 funds opened new Interface positions in Q1 2016 and 33 closed out, a net change of -2 holders.
- The largest Interface buyer in Q1 2016 was Balyasny Asset Management, an estimated $30.4M added.
- The largest Interface seller in Q1 2016 was Columbus Circle Investors, an estimated $23.8M sold.
Based on aggregated 13F filings for Q1 2016.