Interface
TILE
196 hedge funds and large institutions have $1B invested in Interface in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 79 increasing their positions, 60 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
32% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 60
6% more funds holding
Funds holding: 185 → 196 (+11)
6% more capital invested
Capital invested by funds: $949M → $1B (+$52.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
60% less call options, than puts
Call options by funds: $179K | Put options by funds: $447K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$24.6M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$18M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$16M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$65.9M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$18.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$7.17M |
TILE Hedge Fund Activity: Q3 2016 in Review
196 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q3 2016, worth a combined $1B — up 5.6% from $949M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TILE positions and 18 closed out — a net gain of 13 holders — while 79 added to existing stakes and 60 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $26M. The largest seller was Bank of New York Mellon, cutting an estimated $65.9M.
- 196 institutional investors held Interface (TILE) as of Q3 2016, up from 185 in Q2 2016.
- Funds reported $1B of Interface stock for Q3 2016, up 5.6% quarter-over-quarter.
- 31 funds opened new Interface positions in Q3 2016 and 18 closed out, a net change of +13 holders.
- The largest Interface buyer in Q3 2016 was Balyasny Asset Management, an estimated $26M added.
- The largest Interface seller in Q3 2016 was Bank of New York Mellon, an estimated $65.9M sold.
Based on aggregated 13F filings for Q3 2016.