Castine Capital Management’s Independent Bank Corp IBCP Stock Holding History

Castine Capital Management’s Portfolio IBCP Stock Details IBCP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-235,586	Closed	-$3.59M	–	47
2015 Q4	$3.59M	Hold	235,586	–	–	1.65%	31
2015 Q3	$3.48M	Buy	235,586 +138,651	+143%	+$1.95M	1.58%	31
2015 Q2	$1.31M	Buy	+96,935	New	+$1.29M	0.55%	44
2014 Q2	–	Sell	-276,400	Closed	-$3.59M	–	45
2014 Q1	$3.59M	Sell	276,400 -8,600	-3%	-$112K	1.53%	31
2013 Q4	$3.42M	Hold	285,000	–	–	1.45%	28
2013 Q3	$2.85M	Buy	+285,000	New	+$2.41M	1.36%	32

Other funds holding IBCP

EJF Capital Arlington, Virginia $142M AUM 23.3% 1-Year Est. Return

PCA

PL Capital Advisors Naples, Florida $332M AUM 17.89% 1-Year Est. Return

BCM

Basswood Capital Management New York $2.12B AUM 19.53% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Clover Partners Dallas, Texas $43.1M AUM 4.09% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

MCM

Maltese Capital Management New York $508M AUM 21.31% 1-Year Est. Return

ECA

Endeavour Capital Advisors Greenwich, Connecticut $441M AUM 21.38% 1-Year Est. Return

TAM

THB Asset Management Norwalk, Connecticut $440M AUM 59.59% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Castine Capital Management's IBCP Position: Q1 2016 in Review

Castine Capital Management sold out of Independent Bank Corp (IBCP) in Q1 2016, closing a stake of 235,586 shares — an estimated $3.59M sold.

Castine Capital Management first reported a position in IBCP in Q3 2013 and held it in 6 quarters. The position peaked at $3.59M in Q4 2015. 97 funds tracked by Wall St. Rank hold IBCP as of Q1 2016.

Castine Capital Management reported no remaining Independent Bank Corp position as of Q1 2016 after selling out during the quarter.
Castine Capital Management sold 235,586 Independent Bank Corp shares in Q1 2016, an estimated $3.59M.
Castine Capital Management first reported a position in Independent Bank Corp in Q3 2013 and held it in 6 quarters.
Castine Capital Management's Independent Bank Corp position peaked at $3.59M in Q4 2015.
97 funds tracked by Wall St. Rank held Independent Bank Corp as of Q1 2016.

Based on Castine Capital Management's 13F filing for Q1 2016, filed 16 May 2016.