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Interface

165 hedge funds and large institutions have $405M invested in Interface in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 45

6% more call options, than puts

Call options by funds: $178K | Put options by funds: $168K

0.62% more ownership

Funds ownership: 91.18%91.8% (+0.62%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 176165 (-11)

35% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 26

54% less capital invested

Capital invested by funds: $884M → $405M (-$479M)

Holders
165
Holders Change
-11
Holders Change %
-6.25%
% of All Funds
3.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
69
Reduced
45
Closed
26
Calls
$178K
Puts
$168K
Net Calls
+$10K
Net Calls Change
-$532K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$65M -$4.92M -352,528 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$47.5M +$94.4K +6,761 +0.1%
FCM
3
Frontier Capital Management
Massachusetts
$33M -$367K -26,292 -0.6%
Invesco
4
Invesco
Georgia
$23.8M +$4.93M +353,113 +13%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$20.5M -$260K -18,653 -0.7%
WHG
6
Westwood Holdings Group
Texas
$15.2M +$2.09M +149,474 +8%
State Street
7
State Street
Massachusetts
$13.9M +$1.07M +76,560 +4%
LSV Asset Management
8
LSV Asset Management
Illinois
$13.7M +$15.2M +1,086,487 +150%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$11.1M +$5.04M +360,811 +32%
DRZID
10
DePrince Race & Zollo Inc (DRZ)
Florida
$9.72M +$2.62M +187,909 +17%
Norges Bank
11
Norges Bank
Norway
$8.6M -$1.03M -73,679 -6%
CIP
12
Chartwell Investment Partners
Pennsylvania
$6.93M +$263K +18,855 +2%
Wells Fargo
13
Wells Fargo
California
$6.79M +$290K +20,801 +2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$6.54M +$731K +52,390 +6%
Northern Trust
15
Northern Trust
Illinois
$6.39M +$122K +8,754 +1%
AGP
16
Akaris Global Partners
New York
$5.51M +$2.17M +155,781 +27%
Charles Schwab
17
Charles Schwab
California
$5.45M +$710K +50,858 +8%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$5.36M -$846K -60,600 -8%
WCM
19
Wedge Capital Management
North Carolina
$4.73M +$577K +41,323 +7%
Bank of America
20
Bank of America
North Carolina
$3.97M +$359K +25,717 +5%
Goldman Sachs
21
Goldman Sachs
New York
$3.71M +$302K +21,636 +5%
Principal Financial Group
22
Principal Financial Group
Iowa
$3.44M -$255K -18,283 -4%
BNP Paribas Asset Management
23
BNP Paribas Asset Management
France
$3.35M -$711K -50,959 -10%
Morgan Stanley
24
Morgan Stanley
New York
$3.3M +$825K +59,121 +16%
Hotchkis & Wiley Capital Management
25
Hotchkis & Wiley Capital Management
California
$3.29M +$1.79M +128,280 +42%

TILE Hedge Fund Activity: Q1 2020 in Review

165 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q1 2020, worth a combined $405M — down 54% from $884M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TILE and 17 opened new positions — a net loss of 9 holders — while 45 trimmed existing stakes and 69 added.

The largest buyer was LSV Asset Management, adding an estimated $15.2M. The largest seller was Ariel Investments, exiting entirely with an estimated $18M sold.

  • 165 institutional investors held Interface (TILE) as of Q1 2020, down from 176 in Q4 2019.
  • Funds reported $405M of Interface stock for Q1 2020, down 54% quarter-over-quarter.
  • 17 funds opened new Interface positions in Q1 2020 and 26 closed out, a net change of -9 holders.
  • The largest Interface buyer in Q1 2020 was LSV Asset Management, an estimated $15.2M added.
  • The largest Interface seller in Q1 2020 was Ariel Investments, an estimated $18M sold.

Based on aggregated 13F filings for Q1 2020.