Interface
TILE
211 hedge funds and large institutions have $1.31B invested in Interface in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 73 increasing their positions, 81 reducing their positions, and 19 closing their positions.
1.54% more ownership
Funds ownership: 92.97% → 94.51% (+1.5%)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
3% more capital invested
Capital invested by funds: $1.27B → $1.31B (+$42M)
0% more funds holding
Funds holding: 211 → 211 (0)
10% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 81
39% less call options, than puts
Call options by funds: $224K | Put options by funds: $366K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$21.5M |
| 2 |
HA
Homestead Advisers
Arlington,
Virginia
|
+$14.9M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$9.36M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$5.82M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$13.5M |
| 2 |
Millennium Management
New York
|
-$12.1M |
| 3 |
BlackRock
New York
|
-$6.23M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$4.67M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$4.32M |
TILE Hedge Fund Activity: Q3 2018 in Review
211 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q3 2018, worth a combined $1.31B — up 3.3% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TILE positions and 19 closed out — a net gain of 1 holder — while 73 added to existing stakes and 81 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $21.5M. The largest seller was Bank of New York Mellon, cutting an estimated $13.5M.
- 211 institutional investors held Interface (TILE) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $1.31B of Interface stock for Q3 2018, up 3.3% quarter-over-quarter.
- 20 funds opened new Interface positions in Q3 2018 and 19 closed out, a net change of +1 holder.
- The largest Interface buyer in Q3 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $21.5M added.
- The largest Interface seller in Q3 2018 was Bank of New York Mellon, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2018.