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 ($126.4k this quarter). Holder counts are more reliable. Shares outstanding: 8.7m as of 2025-11-07, 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 ≈ $20.86. Options: 1 managers hold calls ($6.3k notional), 0 hold puts (—).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 106 |
| Q4 2022 | 102 |
| Q1 2023 | 105 |
| Q2 2023 | 87 |
| Q3 2023 | 87 |
| Q4 2023 | 97 |
| Q1 2024 | 104 |
| Q2 2024 | 101 |
| Q3 2024 | 117 |
| Q4 2024 | 122 |
| Q1 2025 | 127 |
| Q2 2025 | 120 |
| Q3 2025 | 119 |
| Q4 2025 | 116 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 38 | 49 |
| Q2 2024 | 49 | 43 |
| Q3 2024 | 54 | 34 |
| Q4 2024 | 51 | 49 |
| Q1 2025 | 61 | 54 |
| Q2 2025 | 51 | 60 |
| Q3 2025 | 56 | 45 |
| Q4 2025 | 57 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $34.8k | $29.5k | 0.85 |
| Q2 2025 | $0 | $10.8k | — |
| Q3 2025 | $0 | $4.5k | — |
| Q4 2025 | $6.3k | $0 | 0.00 |
Biggest buyers
| AEGIS FINANCIAL CORP | New | +250.3k |
| Quantinno Capital Management LP | Added | +107.7k |
| CSM Advisors, LLC | Added | +50.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +47.7k |
| D. E. Shaw & Co., Inc. | Added | +29.7k |
| Gator Capital Management, LLC | Added | +29.1k |
| Walleye Capital LLC | Added | +26.9k |
| HSBC HOLDINGS PLC | Added | +24.8k |
| Squarepoint Ops LLC | New | +24.6k |
| JANE STREET GROUP, LLC | Added | +23.2k |
Biggest sellers
| Patriot Financial Partners GP II, L.P. | Sold out | -209.4k |
| BANC FUNDS CO LLC | Reduced | -114.2k |
| Acuitas Investments, LLC | Sold out | -104.8k |
| Fiduciary Trust Co | Reduced | -76.0k |
| Russell Investments Group, Ltd. | Reduced | -66.9k |
| RAYMOND JAMES FINANCIAL INC | Sold out | -56.5k |
| Fourthstone LLC | Sold out | -56.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -54.3k |
| Creative Planning | Sold out | -52.9k |
| Ancora Advisors LLC | Reduced | -33.2k |
Biggest calls
| SIMPLEX TRADING, LLC | New | $6.3k300 shares |
Biggest puts
| None |
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 Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 4 | $187.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-17 | Lorch Nicole S. President & COO | Bought | $35.9k2.0k shares |
| 2025-10-30 | Dee Ann C. Director | Bought | $19.9k1.1k shares |
| 2025-10-29 | BECKER DAVID B Chairman and CEO, director | Bought | $93.4k5.0k shares |
| 2025-10-28 | KEACH JOHN K JR Director | Bought | $38.7k2.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 830.2k $17.3m | Added +13.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 444.0k $9.3m | Added +9.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 431.6k $9.0m | Reduced -54.3k |
| HEARTLAND ADVISORS INC 0.32% of their portfolio | 288.6k $6.0m | Added +4.7k |
| AEGIS FINANCIAL CORP 1.25% of their portfolio | 250.3k $5.2m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 229.9k $4.8m | Added +29.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 217.6k $4.5m | Added +19.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 201.4k $4.2m | Reduced -1.7k |
| CSM Advisors, LLC 0.11% of their portfolio | 191.9k $4.0m | Added +50.7k |
| BANC FUNDS CO LLC 0.67% of their portfolio | 162.2k $3.4m | Reduced -114.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 145.6k $3.0m | Added +47.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 145.1k $3.0m | Added +4.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 141.8k $3.0m | Added +107.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 136.0k $2.8m | Reduced -20.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 133.6k $2.8m | Added +18.2k |
| STATE STREET CORP 0.00% of their portfolio | 130.4k $2.7m | Reduced -863 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 126.9k $2.6m | Added +20.0k |
| Simcoe Capital LLC 1.82% of their portfolio | 92.7k $1.9m | First filing |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 84.6k $1.8m | Reduced -14.4k |
| SAPIENT CAPITAL LLC 0.02% of their portfolio | 77.8k $1.6m | Reduced -7.3k |
| CALDWELL SUTTER CAPITAL, INC. 0.68% of their portfolio | 76.9k $1.6m | Reduced -1.3k |
| Gator Capital Management, LLC 0.33% of their portfolio | 75.6k $1.6m | Added +29.1k |
| Fiduciary Trust Co 0.02% of their portfolio | 70.1k $1.5m | Reduced -76.0k |
| MORGAN STANLEY 0.00% of their portfolio | 68.5k $1.4m | Reduced -21.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 60.4k $1.3m | Reduced -7.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 58.9k $1.2m | Reduced -4.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 58.9k $1.2m | Added +23.2k |
| Walleye Capital LLC 0.01% of their portfolio | 54.9k $1.1m | Added +26.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 51.5k $1.1m | Added +19.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 50.7k $1.1m | Reduced -5.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 49.7k $1.0m | Reduced -11.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 49.5k $1.0m | Added +24.8k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 48.2k $1.0m | Added +691 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 45.2k $943.9k | Added +1.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 40.1k $836.5k | Added +2.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 36.7k $765.9k | Added +1.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 34.7k $724.2k | Reduced -11.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 30.9k $645.8k | Reduced -535 |
| BARCLAYS PLC 0.00% of their portfolio | 28.7k $598.7k | Added +1.1k |
| STRS OHIO 0.00% of their portfolio | 24.7k $515.5k | Added +1.8k |
| Valeo Financial Advisors, LLC 0.01% of their portfolio | 24.6k $513.0k | Added +263 |
| Squarepoint Ops LLC 0.00% of their portfolio | 24.6k $512.9k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 23.6k $492.2k | Reduced -66.9k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 23.2k $483.6k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 23.1k $482.2k | Added +47 |
| Jump Financial, LLC 0.01% of their portfolio | 23.0k $479.5k | Added +12.0k |
| Perritt Capital Management Inc 0.80% of their portfolio | 22.8k $476.5k | Added +3.2k |
| Rothschild Wealth LLC 0.05% of their portfolio | 22.8k $476.5k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 22.7k $473.0k | New |
| Nuveen, LLC 0.00% of their portfolio | 20.4k $425.0k | Reduced -9.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 18.8k $392.7k | Added +9.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 17.9k $373.4k | Reduced -11.4k |
| Ancora Advisors LLC 0.01% of their portfolio | 17.5k $364.7k | Reduced -33.2k |
| DONALDSON CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 14.2k $297.4k | Added +2.0k |
| Trexquant Investment LP 0.00% of their portfolio | 13.9k $290.1k | Reduced -14.6k |
| Invesco Ltd. 0.00% of their portfolio | 12.6k $261.9k | Reduced -1.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.2k $254.2k | Reduced -5.8k |
| Graham Capital Management, L.P. 0.01% of their portfolio | 12.0k $251.1k | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 11.2k $234.3k | New |
| FIRST MERCHANTS CORP 0.01% of their portfolio | 11.2k $233.2k | Unchanged |
| Sowell Financial Services LLC 0.01% of their portfolio | 11.1k $232.1k | Added +1.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 11.0k $230.0k | Unchanged |
| Inscription Capital, LLC 0.02% of their portfolio | 11.0k $228.7k | New |
| Man Group plc 0.00% of their portfolio | 10.7k $223.5k | Reduced -11.1k |
| PharVision Advisers, LLC 0.11% of their portfolio | 10.7k $222.9k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 10.4k $216.1k | Added +10.3k |
| XTX Topco Ltd 0.01% of their portfolio | 9.9k $206.2k | New |
| OXFORD FINANCIAL GROUP, LTD. LLC 0.01% of their portfolio | 9.8k $205.2k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.8k $182.8k | Added +3.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 6.0k $125.7k | Added +1.0k |
| FIRST FINANCIAL CORP /IN/ 0.05% of their portfolio | 6.0k $125.2k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.8k $121.1k | Reduced -1.4k |
| Versant Capital Management, Inc 0.01% of their portfolio | 5.5k $114.8k | Added +5.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.2k $107.8k | Added +5.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.7k $97.1k | Reduced -32.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 4.6k $96.1k | Reduced -133 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.5k $93.9k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.9k $81.4k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.8k $79.8k | Added +460 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 3.7k $77.0k | Reduced -30.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 3.6k $74.6k | Reduced -37 |
| GAMMA Investing LLC 0.00% of their portfolio | 3.2k $66.4k | Added +2.9k |
| FMR LLC 0.00% of their portfolio | 1.7k $36.1k | Added +752 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.6k $34.1k | Unchanged |
| AlphaQuest LLC 0.00% of their portfolio | 1.4k $28.4k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 1.1k $23.6k | Reduced -21 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 795 $16.6k | Unchanged |
| Quarry LP 0.00% of their portfolio | 789 $16.5k | New |
| Legal & General Group Plc 0.00% of their portfolio | 771 $16.1k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 704 $15.0k | Reduced -681 |
| Winthrop Capital Management, LLC 0.00% of their portfolio | 624 $13.0k | Added +30 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 535 $11.2k | Reduced -372 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 477 $10.0k | Reduced -8 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 405 $8.5k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 356 $8.0k | Reduced -4.6k |
| Nemes Rush Group LLC 0.00% of their portfolio | 304 $6.3k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 255 $5.3k | Reduced -31 |
| AMALGAMATED BANK 0.00% of their portfolio | 244 $5.0k | Reduced -37 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 184 $3.8k | Reduced -13 |
| CITIGROUP INC 0.00% of their portfolio | 177 $3.7k | Reduced -78 |