FIRST INTERNET BANCORP INBK
COM · Common Stock · CUSIP 320557101
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersFishers, IN
- Founded1996
- Websitefirstinternetbancorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($22.2k this quarter). Holder counts are more reliable. Shares outstanding: 8.7m as of 2023-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $14.85. Options: 4 managers hold calls ($628.8k notional), 3 hold puts ($59.4k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 106 |
| Q4 2022 | 102 |
| Q1 2023 | 105 |
| Q2 2023 | 87 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 44 | 54 |
| Q1 2023 | 55 | 37 |
| Q2 2023 | 45 | 61 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $504.0k | — |
| Q4 2022 | $109.3k | $199.1k | 1.82 |
| Q1 2023 | $23.3k | $30.0k | 1.29 |
| Q2 2023 | $628.8k | $59.4k | 0.09 |
Biggest buyers
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +106.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +103.8k |
| Fiduciary Trust Co | Added | +86.2k |
| Ancora Advisors LLC | Added | +62.7k |
| Walleye Capital LLC | New | +59.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +51.4k |
| FRANKLIN RESOURCES INC | Added | +49.2k |
| EMERALD MUTUAL FUND ADVISERS TRUST | New | +37.6k |
| MORGAN STANLEY | Added | +37.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +33.3k |
Biggest sellers
| KENNEDY CAPITAL MANAGEMENT LLC | Sold out | -231.2k |
| BlackRock Inc. | Reduced | -221.3k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -177.8k |
| STATE STREET CORP | Reduced | -139.5k |
| HEARTLAND ADVISORS INC | Reduced | -123.3k |
| PRUDENTIAL FINANCIAL INC | Sold out | -107.9k |
| Brandywine Global Investment Management, LLC | Reduced | -104.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -87.9k |
| CONNORS INVESTOR SERVICES INC | Reduced | -82.3k |
| STRS OHIO | Sold out | -76.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $450.0k30.3k shares |
| CITADEL ADVISORS LLC | Added | $164.8k11.1k shares |
| SIMPLEX TRADING, LLC | New | $14.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $37.1k2.5k shares |
| CITADEL ADVISORS LLC | Reduced | $22.3k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 6.2% |
Fell to 5% or below in the last year: LAME JOHN C (1.7%, 2026-04-08), VANGUARD GROUP INC (0.0%, 2026-03-26), DIMENSIONAL FUND ADVISORS LP (5.0%, 2026-01-21)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $432.5k | 0 | — | — |
| Q1 2022 | 1 | $891.8k | 1 | $85.1k | — |
| Q2 2022 | 2 | $1.6m | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 3 | $508.6k | 0 | — | — |
| Q1 2023 | 4 | $324.3k | 0 | — | — |
| Q2 2023 | 6 | $427.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-12 | Christian Justin P. Director · Shares held by Market Street Capital Inc | Bought | $101.7k10.0k shares |
| 2023-05-12 | BECKER DAVID B Chairman and CEO, director | Bought | $50.2k5.0k shares |
| 2023-05-11 | Bade Aasif M. Director · Shares held in a spousal lifetime access trust | Bought | $99.5k10.0k shares |
| 2023-05-10 | Bade Aasif M. Director · Shares held in a spousal lifetime access trust | Bought | $107.6k10.0k shares |
| 2023-05-09 | Lorch Nicole S. President & COO | Bought | $20.8k2.0k shares |
| 2023-05-04 | KEACH JOHN K JR Director | Bought | $22.2k2.0k shares |
| 2023-05-03 | Dee Ann C. Director | Bought | $25.0k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 451.9k $6.7m | Reduced -177.8k |
| BANC FUNDS CO LLC 0.69% of their portfolio | 392.3k $5.8m | Added +2.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 379.3k $5.6m | Reduced -44.5k |
| BlackRock Inc. 0.00% of their portfolio | 359.5k $5.3m | Reduced -221.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 353.9k $5.3m | Added +106.2k |
| Stieven Capital Advisors, L.P. 1.13% of their portfolio | 295.2k $4.4m | Reduced -51.9k |
| HEARTLAND ADVISORS INC 0.21% of their portfolio | 250.0k $3.7m | Reduced -123.3k |
| Fiduciary Trust Co 0.06% of their portfolio | 241.7k $3.6m | Added +86.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 168.8k $2.5m | Added +49.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 165.7k $2.5m | Added +103.8k |
| PATRIOT FINANCIAL PARTNERS GP, LP 1.08% of their portfolio | 152.5k $2.3m | Unchanged |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 151.5k $2.3m | Reduced -104.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 137.8k $2.0m | Added +8.9k |
| Ancora Advisors LLC 0.04% of their portfolio | 107.6k $1.6m | Added +62.7k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 103.0k $1.5m | Added +5.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 97.9k $1.5m | Reduced -87.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 94.1k $1.4m | Added +7.9k |
| MORGAN STANLEY 0.00% of their portfolio | 83.5k $1.2m | Added +37.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 82.3k $1.2m | Reduced -11.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 77.4k $1.1m | Added +51.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 75.9k $1.1m | Added +5.1k |
| CALDWELL SUTTER CAPITAL, INC. 0.58% of their portfolio | 74.3k $1.1m | Added +7.4k |
| Foundry Partners, LLC 0.06% of their portfolio | 63.4k $941.1k | Reduced -1.1k |
| Trexquant Investment LP 0.02% of their portfolio | 59.2k $879.3k | Added +30.9k |
| Walleye Capital LLC 0.02% of their portfolio | 59.2k $879.3k | New |
| Gator Capital Management, LLC 0.61% of their portfolio | 58.8k $873.0k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 54.0k $802.5k | Added +10.8k |
| ClariVest Asset Management LLC 0.04% of their portfolio | 47.6k $706.0k | Added +28.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 44.5k $660.8k | Reduced -37.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 42.0k $623.2k | Reduced -24.7k |
| Perritt Capital Management Inc 0.32% of their portfolio | 39.1k $580.5k | Added +9.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.03% of their portfolio | 37.6k $558.1k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 37.0k $549.5k | Reduced -100 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 33.3k $495.0k | New |
| STATE STREET CORP 0.00% of their portfolio | 32.8k $488.7k | Reduced -139.5k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 29.3k $435.5k | Added +17.6k |
| Valeo Financial Advisors, LLC 0.02% of their portfolio | 29.2k $433.2k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 28.5k $423.0k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 26.9k $397.0k | Unchanged |
| Quadrature Capital Ltd 0.01% of their portfolio | 24.6k $363.9k | Added +3.7k |
| Teton Advisors, Inc. 0.10% of their portfolio | 24.4k $362.9k | Reduced -2.0k |
| Invesco Ltd. 0.00% of their portfolio | 21.1k $313.2k | Reduced -2.8k |
| DENALI ADVISORS LLC 0.11% of their portfolio | 20.2k $300.0k | Added +19.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 18.8k $279.3k | Reduced -55.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 18.4k $273.6k | Reduced -32.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 16.9k $251.0k | Reduced -5.1k |
| Mariner, LLC 0.00% of their portfolio | 16.3k $242.7k | Added +2.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 16.0k $239.0k | Added +3.9k |
| SEIZERT CAPITAL PARTNERS, LLC 0.01% of their portfolio | 15.8k $234.6k | Reduced -1.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 15.1k $224.3k | Added +10.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 14.6k $216.6k | Added +4.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 14.1k $209.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 14.1k $209.1k | Reduced -15.6k |
| DONALDSON CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 13.7k $203.1k | Added +2.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 13.7k $203.0k | Reduced -15.3k |
| OXFORD FINANCIAL GROUP, LTD. LLC 0.02% of their portfolio | 13.0k $193.6k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 13.0k $193.0k | Added +2.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 12.6k $187.3k | New |
| Aristides Capital LLC 0.11% of their portfolio | 12.0k $178.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 11.8k $175.9k | Added +9.5k |
| Indie Asset Partners, LLC 0.18% of their portfolio | 11.2k $167.1k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 10.8k $160.4k | Added +6.5k |
| CONNORS INVESTOR SERVICES INC 0.02% of their portfolio | 10.5k $156.0k | Reduced -82.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 9.4k $140.0k | Added +6.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 9.2k $137.0k | Reduced -475 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 7.4k $109.7k | Reduced -508 |
| Column Capital Advisors, LLC 0.01% of their portfolio | 5.0k $74.4k | Added +2.0k |
| Point72 Middle East FZE 0.00% of their portfolio | 3.4k $50.8k | New |
| FIRST FINANCIAL CORP /IN/ 0.03% of their portfolio | 3.0k $44.5k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 1.9k $28.0k | New |
| UBS Group AG 0.00% of their portfolio | 1.5k $23.0k | Reduced -1.2k |
| Blue Trust, Inc. 0.00% of their portfolio | 1.1k $18.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 1.0k $15.4k | Reduced -54 |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 746 $11.1k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 721 $10.7k | Reduced -19.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 400 $5.9k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 360 $5.3k | Reduced -1.5k |
| Nemes Rush Group LLC 0.00% of their portfolio | 306 $4.5k | First filing |
| CWM, LLC 0.00% of their portfolio | 223 $3.0k | Added +47 |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 155 $2.3k | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 131 $2.0k | Reduced -81 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 82 $1.2k | Added +19 |
| Avion Wealth 0.00% of their portfolio | 73 $1.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 67 $995 | Reduced -6.6k |
| CITIGROUP INC 0.00% of their portfolio | 26 $386 | Added +20 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 25 $371 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |