Clover Partners’s Independent Bank Corp IBCP Stock Holding History

Clover Partners’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
2019 Q3	$1.08M	Sell	50,883 -59,369	-54%	-$1.24M	2.52%	19
2019 Q2	$2.4M	Hold	110,252	–	–	4.37%	7
2019 Q1	$2.37M	Sell	110,252 -28,000	-20%	-$629K	4.2%	9
2018 Q4	$2.91M	Hold	138,252	–	–	5.05%	3
2018 Q3	$3.27M	Hold	138,252	–	–	4.5%	7
2018 Q2	$3.52M	Sell	138,252 -19,055	-12%	-$474K	4.05%	9
2018 Q1	$3.6M	Sell	157,307 -40,000	-20%	-$933K	4.02%	12
2017 Q4	$4.41M	Sell	197,307 -333,380	-63%	-$7.5M	4.2%	8
2017 Q3	$12M	Sell	530,687 -25,000	-4%	-$523K	4.83%	8
2017 Q2	$12.1M	Hold	555,687	–	–	4.13%	8
2017 Q1	$11.5M	Hold	555,687	–	–	4.56%	7
2016 Q4	$12.1M	Sell	555,687 -302,573	-35%	-$5.58M	6.49%	5
2016 Q3	$14.4M	Hold	858,260	–	–	6.38%	4
2016 Q2	$12.5M	Hold	858,260	–	–	4.92%	5
2016 Q1	$12.5M	Buy	858,260 +58,461	+7%	+$853K	5.24%	4
2015 Q4	$12.2M	Buy	799,799 +91,024	+13%	+$1.36M	5.41%	6
2015 Q3	$10.5M	Buy	708,775 +344,175	+94%	+$4.85M	5.1%	8
2015 Q2	$4.94M	Buy	+364,600	New	+$4.86M	2.41%	20

Other funds holding IBCP

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

PCA

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

Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

MCM

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

FCM

FJ Capital Management Mclean, Virginia $888M AUM 18.97% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Clover Partners's IBCP Position: Q3 2019 in Review

Clover Partners reduced its Independent Bank Corp (IBCP) stake by 54% in Q3 2019, selling an estimated $1.24M and leaving 50,883 shares worth $1.08M. The position accounts for 2.52% of the portfolio, ranked #19.

Clover Partners first reported a position in IBCP in Q2 2015 and has held it in 18 quarters since. The position peaked at $14.4M in Q3 2016. 130 funds tracked by Wall St. Rank hold IBCP as of Q3 2019.

Clover Partners held 50,883 shares of Independent Bank Corp worth $1.08M as of Q3 2019.
Clover Partners sold 59,369 Independent Bank Corp shares in Q3 2019, an estimated $1.24M.
Independent Bank Corp made up 2.52% of Clover Partners's portfolio in Q3 2019, its #19 holding.
Clover Partners first reported a position in Independent Bank Corp in Q2 2015 and has held it in 18 quarters since.
Clover Partners's Independent Bank Corp position peaked at $14.4M in Q3 2016.
130 funds tracked by Wall St. Rank held Independent Bank Corp as of Q3 2019.

Based on Clover Partners's 13F filing for Q3 2019, filed 12 Nov 2019.