Vault-13

FIRST INTERNET BANCORP INBK

COM · Common Stock · CUSIP 320557101

116 institutional holders -3 vs Q3 2025
6,009,7706.0m shares reported held*
69.0% of all shares outstanding*
$125.4mreported value*
17 new 40 added 43 reduced 19 sold out net sold ≈ $5.0m (-237.5k shares)

* 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

050100150Q3 22: 106Q4 22: 102Q1 23: 105Q2 23: 87Q3 23: 87Q4 23: 97Q1 24: 104Q2 24: 101Q3 24: 117Q4 24: 122Q1 25: 127Q2 25: 120Q3 25: 119Q4 25: 116116Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022106
Q4 2022102
Q1 2023105
Q2 202387
Q3 202387
Q4 202397
Q1 2024104
Q2 2024101
Q3 2024117
Q4 2024122
Q1 2025127
Q2 2025120
Q3 2025119
Q4 2025116

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q1 24: 38 bought or addedQ1 24: 49 cut or sold outQ2 24: 49 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 54 bought or addedQ3 24: 34 cut or sold outQ4 24: 51 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 61 bought or addedQ1 25: 54 cut or sold outQ2 25: 51 bought or addedQ2 25: 60 cut or sold outQ2 25Q3 25: 56 bought or addedQ3 25: 45 cut or sold outQ4 25: 57 bought or addedQ4 25: 62 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243849
Q2 20244943
Q3 20245434
Q4 20245149
Q1 20256154
Q2 20255160
Q3 20255645
Q4 20255762

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30k$40kQ1 25 calls: $34.8kQ1 25 puts: $29.5kQ1 25P/C 0.85Q2 25 calls: $0Q2 25 puts: $10.8kQ2 25P/C —Q3 25 calls: $0Q3 25 puts: $4.5kQ3 25P/C —Q4 25 calls: $6.3kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$34.8k$29.5k0.85
Q2 2025$0$10.8k—
Q3 2025$0$4.5k—
Q4 2025$6.3k$00.00

Biggest buyers

AEGIS FINANCIAL CORP New +250,320+250.3k
Quantinno Capital Management LP Added +107,727+107.7k
CSM Advisors, LLC Added +50,695+50.7k
MILLENNIUM MANAGEMENT LLC Added +47,715+47.7k
D. E. Shaw & Co., Inc. Added +29,661+29.7k
Gator Capital Management, LLC Added +29,122+29.1k
Walleye Capital LLC Added +26,859+26.9k
HSBC HOLDINGS PLC Added +24,771+24.8k
Squarepoint Ops LLC New +24,578+24.6k
JANE STREET GROUP, LLC Added +23,182+23.2k

Biggest sellers

Patriot Financial Partners GP II, L.P. Sold out -209,372-209.4k
BANC FUNDS CO LLC Reduced -114,220-114.2k
Acuitas Investments, LLC Sold out -104,832-104.8k
Fiduciary Trust Co Reduced -75,985-76.0k
Russell Investments Group, Ltd. Reduced -66,889-66.9k
RAYMOND JAMES FINANCIAL INC Sold out -56,471-56.5k
Fourthstone LLC Sold out -56,238-56.2k
DIMENSIONAL FUND ADVISORS LP Reduced -54,274-54.3k
Creative Planning Sold out -52,932-52.9k
Ancora Advisors LLC Reduced -33,234-33.2k

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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-24 6.2% 541.0k≈ $15.0m 2025-04-24

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)

BuyingSelling
404Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 4 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20254$187.9k0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-11-17 Lorch Nicole S. President & COO Bought 2,000 $17.96 $35.9k2.0k shares +3%
2025-10-30 Dee Ann C. Director Bought 1,110 $17.94 $19.9k1.1k shares +7%
2025-10-29 BECKER DAVID B Chairman and CEO, director Bought 5,000 $18.67 $93.4k5.0k shares +1%
2025-10-28 KEACH JOHN K JR Director Bought 2,000 $19.34 $38.7k2.0k shares +6%

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 830,182830.2k $17.3m $17.3m 0.00% Added +13.0k +13,001
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 443,997444.0k $9.3m $9.3m 0.00% Added +9.0k +8,972
3 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 431,583431.6k $9.0m $9.0m 0.00% Reduced -54.3k -54,274
4 HEARTLAND ADVISORS INC 0.32% of their portfolio MILWAUKEE, WI 288,595288.6k $6.0m $6.0m 0.32% Added +4.7k +4,745
5 AEGIS FINANCIAL CORP 1.25% of their portfolio MC LEAN, VA 250,320250.3k $5.2m $5.2m 1.25% New
6 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 229,910229.9k $4.8m $4.8m 0.00% Added +29.7k +29,661
7 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 217,566217.6k $4.5m $4.5m 0.01% Added +19.8k +19,847
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 201,359201.4k $4.2m $4.2m 0.00% Reduced -1.7k -1,714
9 CSM Advisors, LLC 0.11% of their portfolio WARRENDALE, PA 191,854191.9k $4.0m $4.0m 0.11% Added +50.7k +50,695
10 BANC FUNDS CO LLC 0.67% of their portfolio CHICAGO, IL 162,176162.2k $3.4m $3.4m 0.67% Reduced -114.2k -114,220
11 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 145,554145.6k $3.0m $3.0m 0.00% Added +47.7k +47,715
12 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 145,106145.1k $3.0m $3.0m 0.01% Added +4.2k +4,170
13 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 141,839141.8k $3.0m $3.0m 0.01% Added +107.7k +107,727
14 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 135,969136.0k $2.8m $2.8m 0.00% Reduced -20.4k -20,428
15 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 133,584133.6k $2.8m $2.8m 0.01% Added +18.2k +18,190
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 130,413130.4k $2.7m $2.7m 0.00% Reduced -863 -863
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 126,902126.9k $2.6m $2.6m 0.00% Added +20.0k +19,970
18 Simcoe Capital LLC 1.82% of their portfolio SPOKANE, WA 92,71592.7k $1.9m $1.9m 1.82% First filing
19 JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio FLORHAM PARK, NJ 84,64384.6k $1.8m $1.8m 0.01% Reduced -14.4k -14,405
20 SAPIENT CAPITAL LLC 0.02% of their portfolio INDIANAPOLIS, IN 77,80777.8k $1.6m $1.6m 0.02% Reduced -7.3k -7,313
21 CALDWELL SUTTER CAPITAL, INC. 0.68% of their portfolio SAUSALITO, CA 76,89976.9k $1.6m $1.6m 0.68% Reduced -1.3k -1,334
22 Gator Capital Management, LLC 0.33% of their portfolio TAMPA, FL 75,55575.6k $1.6m $1.6m 0.33% Added +29.1k +29,122
23 Fiduciary Trust Co 0.02% of their portfolio Boston, MA 70,07170.1k $1.5m $1.5m 0.02% Reduced -76.0k -75,985
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 68,52668.5k $1.4m $1.4m 0.00% Reduced -21.3k -21,300
25 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 60,36960.4k $1.3m $1.3m 0.00% Reduced -7.5k -7,475
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 58,92058.9k $1.2m $1.2m 0.00% Reduced -4.6k -4,576
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 58,85658.9k $1.2m $1.2m 0.00% Added +23.2k +23,182
28 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 54,91654.9k $1.1m $1.1m 0.01% Added +26.9k +26,859
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 51,45951.5k $1.1m $1.1m 0.00% Added +19.9k +19,893
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 50,65650.7k $1.1m $1.1m 0.00% Reduced -5.2k -5,206
31 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 49,74849.7k $1.0m $1.0m 0.00% Reduced -11.1k -11,134
32 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 49,54249.5k $1.0m $1.0m 0.00% Added +24.8k +24,771
33 GSA CAPITAL PARTNERS LLP 0.09% of their portfolio LONDON, X0 48,20048.2k $1.0m $1.0m 0.09% Added +691 +691
34 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 45,22945.2k $943.9k $943.9k 0.02% Added +1.0k +1,012
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 40,07740.1k $836.5k $836.5k 0.00% Added +2.1k +2,083
36 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 36,70036.7k $765.9k $765.9k 0.00% Added +1.5k +1,533
37 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 34,70034.7k $724.2k $724.2k 0.00% Reduced -11.3k -11,300
38 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 30,94630.9k $645.8k $645.8k 0.00% Reduced -535 -535
39 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 28,68528.7k $598.7k $598.7k 0.00% Added +1.1k +1,141
40 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 24,70024.7k $515.5k $515.5k 0.00% Added +1.8k +1,800
41 Valeo Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 24,58124.6k $513.0k $513.0k 0.01% Added +263 +263
42 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 24,57824.6k $512.9k $512.9k 0.00% New
43 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 23,58123.6k $492.2k $492.2k 0.00% Reduced -66.9k -66,889
44 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 23,17223.2k $483.6k $483.6k 0.00% New
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 23,10323.1k $482.2k $482.2k 0.00% Added +47 +47
46 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 22,97623.0k $479.5k $479.5k 0.01% Added +12.0k +11,967
47 Perritt Capital Management Inc 0.80% of their portfolio Chicago, IL 22,83122.8k $476.5k $476.5k 0.80% Added +3.2k +3,240
48 Rothschild Wealth LLC 0.05% of their portfolio OAK BROOK, IL 22,83122.8k $476.5k $476.5k 0.05% New
49 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 22,66322.7k $473.0k $473.0k 0.00% New
50 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 20,36520.4k $425.0k $425.0k 0.00% Reduced -9.7k -9,690
51 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 18,81618.8k $392.7k $392.7k 0.00% Added +9.6k +9,555
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 17,89417.9k $373.4k $373.4k 0.00% Reduced -11.4k -11,415
53 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 17,47417.5k $364.7k $364.7k 0.01% Reduced -33.2k -33,234
54 DONALDSON CAPITAL MANAGEMENT, LLC 0.01% of their portfolio EVANSVILLE, IN 14,25014.2k $297.4k $297.4k 0.01% Added +2.0k +2,000
55 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 13,89913.9k $290.1k $290.1k 0.00% Reduced -14.6k -14,572
56 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 12,55012.6k $261.9k $261.9k 0.00% Reduced -1.2k -1,190
57 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 12,17912.2k $254.2k $254.2k 0.00% Reduced -5.8k -5,799
58 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 12,03212.0k $251.1k $251.1k 0.01% New
59 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 11,22911.2k $234.3k $234.3k 0.00% New
60 FIRST MERCHANTS CORP 0.01% of their portfolio Muncie, IN 11,17211.2k $233.2k $233.2k 0.01% Unchanged
61 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 11,12211.1k $232.1k $232.1k 0.01% Added +1.3k +1,301
62 MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio BOSTON, MA 11,02111.0k $230.0k $230.0k 0.01% Unchanged
63 Inscription Capital, LLC 0.02% of their portfolio HOUSTON, TX 10,95811.0k $228.7k $228.7k 0.02% New
64 Man Group plc 0.00% of their portfolio LONDON, X0 10,71010.7k $223.5k $223.5k 0.00% Reduced -11.1k -11,108
65 PharVision Advisers, LLC 0.11% of their portfolio BOCA RATON, FL 10,68010.7k $222.9k $222.9k 0.11% New
66 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 10,35510.4k $216.1k $216.1k 0.01% Added +10.3k +10,295
67 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 9,8829.9k $206.2k $206.2k 0.01% New
68 OXFORD FINANCIAL GROUP, LTD. LLC 0.01% of their portfolio INDIANAPOLIS, IN 9,8349.8k $205.2k $205.2k 0.01% Unchanged
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,7598.8k $182.8k $182.8k 0.00% Added +3.4k +3,379
70 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 6,0246.0k $125.7k $125.7k 0.00% Added +1.0k +1,000
71 FIRST FINANCIAL CORP /IN/ 0.05% of their portfolio TERRE HAUTE, IN 6,0006.0k $125.2k $125.2k 0.05% Unchanged
72 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 5,8045.8k $121.1k $121.1k 0.00% Reduced -1.4k -1,438
73 Versant Capital Management, Inc 0.01% of their portfolio PHOENIX, AZ 5,5005.5k $114.8k $114.8k 0.01% Added +5.0k +4,993
74 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,1645.2k $107.8k $107.8k 0.00% Added +5.0k +5,049
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,6514.7k $97.1k $97.1k 0.00% Reduced -32.9k -32,873
76 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 4,6044.6k $96.1k $96.1k 0.00% Reduced -133 -133
77 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,5004.5k $93.9k $93.9k 0.00% New
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,9003.9k $81.4k $81.4k 0.00% Unchanged
79 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,8263.8k $79.8k $79.8k 0.00% Added +460 +460
80 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 3,7003.7k $77.0k $77.0k 0.00% Reduced -30.8k -30,800
81 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 3,5753.6k $74.6k $74.6k 0.00% Reduced -37 -37
82 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 3,1813.2k $66.4k $66.4k 0.00% Added +2.9k +2,921
83 FMR LLC 0.00% of their portfolio BOSTON, MA 1,7291.7k $36.1k $36.1k 0.00% Added +752 +752
84 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 1,6321.6k $34.1k $34.1k 0.00% Unchanged
85 AlphaQuest LLC 0.00% of their portfolio New York, NY 1,3611.4k $28.4k $28.4k 0.00% Unchanged
86 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,1311.1k $23.6k $23.6k 0.00% Reduced -21 -21
87 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 795795 $16.6k $16.6k 0.00% Unchanged
88 Quarry LP 0.00% of their portfolio NEW YORK, NY 789789 $16.5k $16.5k 0.00% New
89 Legal & General Group Plc 0.00% of their portfolio London, X0 771771 $16.1k $16.1k 0.00% Unchanged
90 CWM, LLC 0.00% of their portfolio OMAHA, NE 704704 $15.0k $15.0k 0.00% Reduced -681 -681
91 Winthrop Capital Management, LLC 0.00% of their portfolio Carmel, IN 624624 $13.0k $13.0k 0.00% Added +30 +30
92 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 535535 $11.2k $11.2k 0.00% Reduced -372 -372
93 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 477477 $10.0k $10.0k 0.00% Reduced -8 -8
94 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 405405 $8.5k $8.5k 0.00% New
95 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 356356 $8.0k $8.0k 0.00% Reduced -4.6k -4,630
96 Nemes Rush Group LLC 0.00% of their portfolio NOVI, MI 304304 $6.3k $6.3k 0.00% Unchanged
97 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 255255 $5.3k $5.3k 0.00% Reduced -31 -31
98 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 244244 $5.0k $5.0k 0.00% Reduced -37 -37
99 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 184184 $3.8k $3.8k 0.00% Reduced -13 -13
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 177177 $3.7k $3.7k 0.00% Reduced -78 -78