Excalibur Management’s Independent Bank INDB Stock Holding History

Excalibur Management’s Portfolio INDB Stock Details INDB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.44M	Sell	19,200 -2,650	-12%	-$208K	0.52%	55
2025 Q4	$1.6M	Sell	21,850 -1,000	-4%	-$71K	0.58%	50
2025 Q3	$1.58M	Hold	22,850	–	–	0.57%	48
2025 Q2	$1.44M	Hold	22,850	–	–	0.54%	53
2025 Q1	$1.43M	Hold	22,850	–	–	0.56%	50
2024 Q4	$1.47M	Sell	22,850 -1,000	-4%	-$66.7K	0.58%	48
2024 Q3	$1.41M	Sell	23,850 -4,615	-16%	-$271K	0.54%	51
2024 Q2	$1.44M	Hold	28,465	–	–	0.59%	44
2024 Q1	$1.48M	Hold	28,465	–	–	0.63%	41
2023 Q4	$1.87M	Hold	28,465	–	–	0.88%	27
2023 Q3	$1.4M	Hold	28,465	–	–	0.73%	33
2023 Q2	$1.27M	Hold	28,465	–	–	0.65%	39
2023 Q1	$1.87M	Hold	28,465	–	–	0.97%	26
2022 Q4	$2.4M	Hold	28,465	–	–	1.26%	17
2022 Q3	$2.12M	Hold	28,465	–	–	1.19%	17
2022 Q2	$2.26M	Hold	28,465	–	–	1.18%	19
2022 Q1	$2.33M	Hold	28,465	–	–	1.01%	23
2021 Q4	$2.32M	Hold	28,465	–	–	0.94%	25
2021 Q3	$2.17M	Hold	28,465	–	–	0.95%	25
2021 Q2	$2.15M	Hold	28,465	–	–	0.97%	25
2021 Q1	$2.4M	Hold	28,465	–	–	1.18%	21
2020 Q4	$2.08M	Sell	28,465 -2,600	-8%	-$169K	1.12%	21
2020 Q3	$1.63M	Hold	31,065	–	–	0.99%	28
2020 Q2	$2.08M	Hold	31,065	–	–	1.39%	17
2020 Q1	$2M	Hold	31,065	–	–	1.54%	17
2019 Q4	$2.59M	Buy	31,065 +11,348	+58%	+$928K	1.69%	15
2019 Q3	$1.47M	Hold	19,717	–	–	1.32%	20
2019 Q2	$1.5M	Hold	19,717	–	–	1.38%	21
2019 Q1	$1.6M	Hold	19,717	–	–	1.51%	20
2018 Q4	$1.39M	Hold	19,717	–	–	1.4%	21
2018 Q3	$1.63M	Hold	19,717	–	–	1.39%	19
2018 Q2	$1.55M	Sell	19,717 -2,700	-12%	-$206K	1.23%	23
2018 Q1	$1.6M	Hold	22,417	–	–	1.3%	20
2017 Q4	$1.57M	Sell	22,417 -1,500	-6%	-$107K	1.32%	19
2017 Q3	$1.78M	Hold	23,917	–	–	1.52%	19
2017 Q2	$1.59M	Sell	23,917 -1,840	-7%	-$117K	1.43%	19
2017 Q1	$1.67M	Hold	25,757	–	–	1.49%	17
2016 Q4	$1.81M	Sell	25,757 -2,000	-7%	-$123K	1.65%	18
2016 Q3	$1.5M	Sell	27,757 -3,500	-11%	-$178K	1.42%	18
2016 Q2	$1.43M	Hold	31,257	–	–	1.23%	21
2016 Q1	$1.44M	Hold	31,257	–	–	1.29%	20
2015 Q4	$1.45M	Sell	31,257 -4,000	-11%	-$192K	1.35%	20
2015 Q3	$1.63M	Sell	35,257 -13,848	-28%	-$647K	1.63%	21
2015 Q2	$2.3M	Hold	49,105	–	–	2.15%	18
2015 Q1	$2.15M	Hold	49,105	–	–	2.08%	18
2014 Q4	$2.1M	Sell	49,105 -2,000	-4%	-$79.1K	2.12%	15
2014 Q3	$1.82M	Hold	51,105	–	–	1.88%	16
2014 Q2	$1.96M	Hold	51,105	–	–	2.05%	16
2014 Q1	$2.01M	Hold	51,105	–	–	2.2%	15
2013 Q4	$2M	Hold	51,105	–	–	2.18%	13
2013 Q3	$1.82M	Sell	51,105 -1,000	-2%	-$36.4K	2.14%	13
2013 Q2	$1.8M	Buy	+52,105	New	+$1.68M	2.23%	13

Other funds holding INDB

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

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Rockland Trust Hanover, Massachusetts $2.55B AUM 17.04% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.29B AUM 20.14% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Excalibur Management's INDB Position: Q1 2026 in Review

Excalibur Management reduced its Independent Bank (INDB) stake by 12% in Q1 2026, selling an estimated $208K and leaving 19,200 shares worth $1.44M. The position accounts for 0.52% of the portfolio, ranked #55.

Excalibur Management first reported a position in INDB in Q2 2013 and has held it in 52 quarters since. The position peaked at $2.59M in Q4 2019. 332 funds tracked by Wall St. Rank hold INDB as of Q1 2026.

Excalibur Management held 19,200 shares of Independent Bank worth $1.44M as of Q1 2026.
Excalibur Management sold 2,650 Independent Bank shares in Q1 2026, an estimated $208K.
Independent Bank made up 0.52% of Excalibur Management's portfolio in Q1 2026, its #55 holding.
Excalibur Management first reported a position in Independent Bank in Q2 2013 and has held it in 52 quarters since.
Excalibur Management's Independent Bank position peaked at $2.59M in Q4 2019.
332 funds tracked by Wall St. Rank held Independent Bank as of Q1 2026.

Based on Excalibur Management's 13F filing for Q1 2026, filed 5 May 2026.