Interface
TILE
200 hedge funds and large institutions have $815M invested in Interface in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 65 increasing their positions, 71 reducing their positions, and 42 closing their positions.
1.56% more ownership
Funds ownership: 94.51% → 96.06% (+1.6%)
8% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 71
5% less funds holding
Funds holding: 211 → 200 (-11)
24% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 42
38% less capital invested
Capital invested by funds: $1.31B → $815M (-$496M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$14.6M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$10.3M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$10M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.53M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$12.9M |
| 2 |
Man Group
London,
United Kingdom
|
-$10.2M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.21M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$6.47M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$4.25M |
TILE Hedge Fund Activity: Q4 2018 in Review
200 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q4 2018, worth a combined $815M — down 38% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TILE and 32 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 65 added.
The largest buyer was Invesco, adding an estimated $14.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $12.9M.
- 200 institutional investors held Interface (TILE) as of Q4 2018, down from 211 in Q3 2018.
- Funds reported $815M of Interface stock for Q4 2018, down 38% quarter-over-quarter.
- 32 funds opened new Interface positions in Q4 2018 and 42 closed out, a net change of -10 holders.
- The largest Interface buyer in Q4 2018 was Invesco, an estimated $14.6M added.
- The largest Interface seller in Q4 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2018.