Ancient Art Lp Decreased Interactive Brokers Group In (NASDAQ:IBKR) Stake By $59.50 Million

February 23, 2018 - By Marie Mckinney

Investors sentiment increased to 1.72 in 2017 Q3. Its up 0.51, from 1.21 in 2017Q2. It is positive, as 23 investors sold IBKR shares while 37 reduced holdings. 29 funds opened positions while 74 raised stakes. 61.63 million shares or 5.89% more from 58.20 million shares in 2017Q2 were reported. 6.30M were accumulated by Vanguard Grp Incorporated Inc. Swiss Natl Bank owns 108,700 shares for 0.01% of their portfolio. Riverhead Capital Ltd Liability Corp stated it has 3,440 shares or 0.01% of all its holdings. Thrivent Financial For Lutherans accumulated 0.37% or 2.32 million shares. State Of Tennessee Treasury Department reported 59,630 shares or 0.01% of all its holdings. Underhill Inv Mngmt Lc accumulated 302,900 shares. Brown Advisory invested in 6,490 shares. Blackrock Inc reported 6.93 million shares or 0.02% of all its holdings. Aperio Group Ltd Liability Corp has invested 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Endowment Management L P has 0.16% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 25,180 shares. Reinhart Inc owns 43,400 shares or 0.21% of their US portfolio. Point72 Asset Mgmt Lp, Connecticut-based fund reported 9,100 shares. 69,263 are owned by Raymond James Fincl Services Advisors. Victory Mngmt has 915,589 shares for 0.09% of their portfolio. Employees Retirement Systems Of Texas holds 0.02% or 32,000 shares.

Since August 25, 2017, it had 0 buys, and 68 selling transactions for $43.93 million activity. Another trade for 31,453 shares valued at $1.38M was sold by Frank Thomas AJ. Brody Paul Jonathan sold $524,945 worth of stock or 11,033 shares. Mendonca Denis sold $57,222 worth of Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Friday, October 20.

Quincy Lee decreased its stake in Interactive Brokers Group In (NASDAQ:IBKR) by 29.57% based on its latest 2017Q4 regulatory filing with the SEC. Ancient Art Lp sold 1.01 million shares as the company’s stock declined 9.72% while stock markets rallied. The hedge fund run by Quincy Lee held 2.40 million shares of the finance company at the end of 2017Q4, valued at $142.21 million, down from 3.41 million at the end of the previous reported quarter. Ancient Art Lp who had been investing in Interactive Brokers Group In for a number of months, seems to be less bullish one the $28.08B market cap company. The stock increased 1.03% or $0.69 during the last trading session, reaching $68.21. About 227,777 shares traded. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has declined 4.87% since February 23, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

Quincy Lee was once an executive of the publically traded company Rackspace Hosting. The majority of his investments are focused on the technology and services sector. Teton raised much of its capital in 2010 when it gathered $194 million from 80 investors. Between 2001 and 2011 it had an average return of 21% annually. Ancient Art Lp is a Texas-based hedge fund that was founded by Quincy Lee. It had more than $961.48 million assets under management in March, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Ancient Art latest Adv, the fund reported to have 10 full and part-time employees. Among which 8 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Ratings Coverage

Among 8 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Interactive Brokers Group had 22 analyst reports since September 1, 2015 according to SRatingsIntel. SunTrust initiated Interactive Brokers Group, Inc. (NASDAQ:IBKR) rating on Wednesday, March 23. SunTrust has “Neutral” rating and $40 target. On Wednesday, April 19 the stock rating was downgraded by Wood to “Market Perform”. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 10. On Tuesday, September 1 the stock rating was downgraded by Zacks to “Strong-Buy”. On Tuesday, January 16 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, January 10. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) has “Buy” rating given on Wednesday, January 17 by Sandler O’Neill. Keefe Bruyette & Woods initiated it with “Outperform” rating and $44 target in Thursday, December 8 report. The company was downgraded on Tuesday, January 12 by Goldman Sachs. The firm has “Buy” rating given on Friday, February 2 by Sandler O’Neill.

Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker in approximately 120 electronic exchanges and market centers worldwide. The company has market cap of $28.08 billion. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. It has a 63.75 P/E ratio. The firm custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

More notable recent Interactive Brokers Group, Inc. (NASDAQ:IBKR) news were published by: Seekingalpha.com which released: “Interactive Brokers Is An Exceptional Stock” on February 07, 2018, also Businesswire.com with their article: “Interactive Brokers Group Reports Brokerage Metrics and Other Financial …” published on February 01, 2018, Seekingalpha.com published: “Interactive Brokers And Their Competitors As Investments: An Understanding Today” on February 05, 2018. More interesting news about Interactive Brokers Group, Inc. (NASDAQ:IBKR) were released by: Fool.com and their article: “Revenue Surges on Higher Trading at Interactive Brokers Group, Inc.” published on January 19, 2018 as well as Seekingalpha.com‘s news article titled: “Interactive Brokers: In Case We’re Wrong” with publication date: February 21, 2018.

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