MERSOM
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Municipal Employees' Retirement System of Michigan’s Independent Bank INDB Stock Holding History

Municipal Employees' Retirement System of Michigan’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
2020
Q2 		– Sell
-10,650
Closed -$686K – 764
2020
Q1 		$686K Buy
10,650
+130
+1% +$9.29K 0.02% 408
2019
Q4 		$876K Buy
10,520
+180
+2% +$14.7K 0.03% 484
2019
Q3 		$772K Buy
10,340
+70
+0.7% +$5.08K 0.03% 529
2019
Q2 		$782K Buy
10,270
+930
+10% +$72.4K 0.05% 518
2019
Q1 		$757K Buy
9,340
+270
+3% +$21.4K 0.05% 564
2018
Q4 		$638K Buy
+9,070
New +$703K 0.04% 742
2018
Q2 		$755K Sell
9,630
-1,360
-12% -$104K 0.04% 743
2018
Q1 		$786K Buy
10,990
+600
+6% +$43.2K 0.04% 820
2017
Q4 		$726K Buy
10,390
+60
+0.6% +$4.3K 0.04% 903
2017
Q3 		$771K Buy
10,330
+3,890
+60% +$271K 0.04% 793
2017
Q2 		$429K Buy
6,440
+270
+4% +$17.2K 0.02% 1103
2017
Q1 		$401K Buy
6,170
+180
+3% +$11.6K 0.02% 1144
2016
Q4 		$422K Sell
5,990
-1,740
-23% -$107K 0.02% 1110
2016
Q3 		$418K Buy
7,730
+100
+1% +$5.09K 0.02% 1083
2016
Q2 		$351K Buy
7,630
+150
+2% +$7K 0.02% 1154
2016
Q1 		$346K Buy
7,480
+2,160
+41% +$96.3K 0.02% 1098
2015
Q4 		$249K Buy
5,320
+140
+3% +$6.73K 0.02% 1214
2015
Q3 		$240K Buy
5,180
+200
+4% +$9.34K 0.02% 1227
2015
Q2 		$234K Buy
4,980
+80
+2% +$3.56K 0.02% 1261
2015
Q1 		$216K Sell
4,900
-1,200
-20% -$49.4K 0.02% 1288
2014
Q4 		$263K Hold
6,100
– – 0.02% 1294
2014
Q3 		$219K Buy
6,100
+200
+3% +$7.38K 0.02% 1350
2014
Q2 		$228K Buy
5,900
+300
+5% +$11.2K 0.02% 1332
2014
Q1 		$220K Buy
+5,600
New +$210K 0.02% 1364

Other funds holding INDB

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
SAM
Silvercrest Asset Management New York $13.8B AUM 28.39% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
CIP
Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's INDB Position: Q2 2020 in Review

Municipal Employees' Retirement System of Michigan sold out of Independent Bank (INDB) in Q2 2020, closing a stake of 10,650 shares — an estimated $686K sold.

Municipal Employees' Retirement System of Michigan first reported a position in INDB in Q1 2014 and held it in 24 quarters. The position peaked at $876K in Q4 2019. 199 funds tracked by Wall St. Rank hold INDB as of Q2 2020.

  • Municipal Employees' Retirement System of Michigan reported no remaining Independent Bank position as of Q2 2020 after selling out during the quarter.
  • Municipal Employees' Retirement System of Michigan sold 10,650 Independent Bank shares in Q2 2020, an estimated $686K.
  • Municipal Employees' Retirement System of Michigan first reported a position in Independent Bank in Q1 2014 and held it in 24 quarters.
  • Municipal Employees' Retirement System of Michigan's Independent Bank position peaked at $876K in Q4 2019.
  • 199 funds tracked by Wall St. Rank held Independent Bank as of Q2 2020.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2020, filed 6 Jul 2020.