Interface
TILE
174 hedge funds and large institutions have $425M invested in Interface in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 63 increasing their positions, 50 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
26% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 50
5% more funds holding
Funds holding: 165 → 174 (+9)
5% more capital invested
Capital invested by funds: $404M → $425M (+$21.3M)
2.24% less ownership
Funds ownership: 91.58% → 89.33% (-2.2%)
51% less call options, than puts
Call options by funds: $249K | Put options by funds: $508K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.69M |
| 2 |
Millennium Management
New York
|
+$2.58M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.28M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.18M |
| 5 |
JP Morgan Chase
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$15.2M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$7.59M |
| 3 |
AGP
Akaris Global Partners
New York
|
-$5.51M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$4.73M |
| 5 |
Goldman Sachs
New York
|
-$3.08M |
TILE Hedge Fund Activity: Q2 2020 in Review
174 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q2 2020, worth a combined $425M — up 5.3% from $404M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TILE positions and 24 closed out — a net gain of 9 holders — while 63 added to existing stakes and 50 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $3.69M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $15.2M sold.
- 174 institutional investors held Interface (TILE) as of Q2 2020, up from 165 in Q1 2020.
- Funds reported $425M of Interface stock for Q2 2020, up 5.3% quarter-over-quarter.
- 33 funds opened new Interface positions in Q2 2020 and 24 closed out, a net change of +9 holders.
- The largest Interface buyer in Q2 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $3.69M added.
- The largest Interface seller in Q2 2020 was Westwood Holdings Group, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2020.