Interface
TILE
170 hedge funds and large institutions have $464M invested in Interface in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 61 reducing their positions, and 23 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 61
10% more capital invested
Capital invested by funds: $421M → $464M (+$42.6M)
1.61% more ownership
Funds ownership: 89.33% → 90.93% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 176 → 170 (-6)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
25% less call options, than puts
Call options by funds: $430K | Put options by funds: $572K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$16.8M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$6.43M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.58M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.33M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.2M |
| 2 |
EAM
Erste Asset Management
Vienna,
Austria
|
-$5.37M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.29M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.77M |
| 5 |
Millennium Management
New York
|
-$3.18M |
TILE Hedge Fund Activity: Q2 2023 in Review
170 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Interface (TILE) for Q2 2023, worth a combined $464M — up 10% from $421M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TILE and 18 opened new positions — a net loss of 5 holders — while 61 trimmed existing stakes and 71 added.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $16.8M. The largest seller was Vanguard Group, cutting an estimated $10.2M.
- 170 institutional investors held Interface (TILE) as of Q2 2023, down from 176 in Q1 2023.
- Funds reported $464M of Interface stock for Q2 2023, up 10% quarter-over-quarter.
- 18 funds opened new Interface positions in Q2 2023 and 23 closed out, a net change of -5 holders.
- The largest Interface buyer in Q2 2023 was Pzena Investment Management, an estimated $16.8M added.
- The largest Interface seller in Q2 2023 was Vanguard Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2023.