Martingale Asset Management’s Independent Bank INDB Stock Holding History

Martingale Asset 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
2024 Q4	–	Sell	-11,159	Closed	-$660K	–	816
2024 Q3	$660K	Buy	+11,159	New	+$656K	0.02%	564
2015 Q2	–	Sell	-7,700	Closed	-$338K	–	875
2015 Q1	$338K	Sell	7,700 -13,957	-64%	-$574K	0.01%	767
2014 Q4	$928K	Sell	21,657 -1,900	-8%	-$75.2K	0.03%	546
2014 Q3	$842K	Sell	23,557 -100	-0.4%	-$3.69K	0.03%	544
2014 Q2	$908K	Hold	23,657	–	–	0.03%	551
2014 Q1	$932K	Buy	23,657 +2,500	+12%	+$93.6K	0.03%	517
2013 Q4	$828K	Buy	+21,157	New	+$776K	0.03%	613

Other funds holding INDB

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

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

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

DRZID

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

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

SAM

Silvercrest Asset Management New York $13.8B AUM 28.39% 1-Year Est. Return

BTW

Boston Trust Walden Boston, Massachusetts $12.2B AUM 12.45% 1-Year Est. Return

Martingale Asset Management's INDB Position: Q4 2024 in Review

Martingale Asset Management sold out of Independent Bank (INDB) in Q4 2024, closing a stake of 11,159 shares — an estimated $660K sold.

Martingale Asset Management first reported a position in INDB in Q4 2013 and held it in 7 quarters. The position peaked at $932K in Q1 2014. 286 funds tracked by Wall St. Rank hold INDB as of Q4 2024.

Martingale Asset Management reported no remaining Independent Bank position as of Q4 2024 after selling out during the quarter.
Martingale Asset Management sold 11,159 Independent Bank shares in Q4 2024, an estimated $660K.
Martingale Asset Management first reported a position in Independent Bank in Q4 2013 and held it in 7 quarters.
Martingale Asset Management's Independent Bank position peaked at $932K in Q1 2014.
286 funds tracked by Wall St. Rank held Independent Bank as of Q4 2024.

Based on Martingale Asset Management's 13F filing for Q4 2024, filed 13 Feb 2025.