Basswood Capital Management’s Independent Bank INDB Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q1
$10.4M Sell
137,646
-191,849
-58% -$15M 0.49% 58
2025
Q4
$24.1M Buy
329,495
+11,199
+4% +$796K 0.97% 31
2025
Q3
$22M Buy
318,296
+991
+0.3% +$67.4K 0.9% 37
2025
Q2
$20M Buy
317,305
+177,243
+127% +$10.8M 0.92% 40
2025
Q1
$8.77M Buy
+140,062
New +$9.21M 0.49% 68

Other funds holding INDB

Basswood Capital Management's INDB Position: Q1 2026 in Review

Basswood Capital Management reduced its Independent Bank (INDB) stake by 58% in Q1 2026, selling an estimated $15M and leaving 137,646 shares worth $10.4M. The position accounts for 0.49% of the portfolio, ranked #58.

Basswood Capital Management first reported a position in INDB in Q1 2025 and has held it in 5 quarters since. The position peaked at $24.1M in Q4 2025. 332 funds tracked by Wall St. Rank hold INDB as of Q1 2026.

  • Basswood Capital Management held 137,646 shares of Independent Bank worth $10.4M as of Q1 2026.
  • Basswood Capital Management sold 191,849 Independent Bank shares in Q1 2026, an estimated $15M.
  • Independent Bank made up 0.49% of Basswood Capital Management's portfolio in Q1 2026, its #58 holding.
  • Basswood Capital Management first reported a position in Independent Bank in Q1 2025 and has held it in 5 quarters since.
  • Basswood Capital Management's Independent Bank position peaked at $24.1M in Q4 2025.
  • 332 funds tracked by Wall St. Rank held Independent Bank as of Q1 2026.

Based on Basswood Capital Management's 13F filing for Q1 2026, filed 15 May 2026.