Interface
TILE
185 hedge funds and large institutions have $949M invested in Interface in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 66 reducing their positions, and 23 closing their positions.
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
3% more funds holding
Funds holding: 179 → 185 (+6)
3% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 66
16% less capital invested
Capital invested by funds: $1.13B → $949M (-$183M)
60% less call options, than puts
Call options by funds: $169K | Put options by funds: $422K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$35.7M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$28.4M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$20.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$13.9M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$53.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$17.2M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$15.3M |
| 4 |
Renaissance Technologies
New York
|
-$13.5M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$13.1M |
TILE Hedge Fund Activity: Q2 2016 in Review
185 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q2 2016, worth a combined $949M — down 16% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TILE positions and 23 closed out — a net gain of 7 holders — while 68 added to existing stakes and 66 trimmed.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $35.7M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $53.5M sold.
- 185 institutional investors held Interface (TILE) as of Q2 2016, up from 179 in Q1 2016.
- Funds reported $949M of Interface stock for Q2 2016, down 16% quarter-over-quarter.
- 30 funds opened new Interface positions in Q2 2016 and 23 closed out, a net change of +7 holders.
- The largest Interface buyer in Q2 2016 was Westwood Holdings Group, an estimated $35.7M added.
- The largest Interface seller in Q2 2016 was Balyasny Asset Management, an estimated $53.5M sold.
Based on aggregated 13F filings for Q2 2016.