PCM
INDB icon

Palisade Capital Management’s Independent Bank INDB Stock Holding History

Palisade Capital 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
Q2 		– Sell
-456,750
Closed -$23.8M – 371
2024
Q1 		$23.8M Buy
456,750
+10,739
+2% +$594K 0.63% 57
2023
Q4 		$29.4M Sell
446,011
-51,455
-10% -$2.84M 0.78% 43
2023
Q3 		$24.4M Buy
497,466
+5,406
+1% +$288K 0.68% 51
2023
Q2 		$21.9M Buy
492,060
+22,474
+5% +$1.17M 0.58% 62
2023
Q1 		$30.8M Buy
469,586
+7,841
+2% +$600K 0.83% 32
2022
Q4 		$39M Sell
461,745
-7,068
-2% -$599K 1.05% 16
2022
Q3 		$34.9M Buy
468,813
+899
+0.2% +$72.7K 0.99% 18
2022
Q2 		$37.2M Buy
467,914
+3,451
+0.7% +$274K 1.01% 18
2022
Q1 		$37.9M Sell
464,463
-13,725
-3% -$1.16M 0.87% 24
2021
Q4 		$39M Buy
478,188
+5,266
+1% +$437K 0.79% 33
2021
Q3 		$36M Buy
472,922
+111,350
+31% +$8.16M 0.79% 33
2021
Q2 		$27.3M Buy
361,572
+102,874
+40% +$8.27M 0.62% 55
2021
Q1 		$21.8M Sell
258,698
-19,221
-7% -$1.61M 0.51% 64
2020
Q4 		$20.3M Buy
277,919
+21,536
+8% +$1.4M 0.52% 66
2020
Q3 		$13.4M Buy
256,383
+56,304
+28% +$3.5M 0.4% 91
2020
Q2 		$13.4M Buy
+200,079
New +$13.5M 0.43% 87

Other funds holding INDB

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return
RT
Rockland Trust Hanover, Massachusetts $2.55B AUM 17.04% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
SAM
Silvercrest Asset Management New York $13.8B AUM 28.39% 1-Year Est. Return

Palisade Capital Management's INDB Position: Q2 2024 in Review

Palisade Capital Management sold out of Independent Bank (INDB) in Q2 2024, closing a stake of 456,750 shares — an estimated $23.8M sold.

Palisade Capital Management first reported a position in INDB in Q2 2020 and held it in 16 quarters. The position peaked at $39M in Q4 2021. 280 funds tracked by Wall St. Rank hold INDB as of Q2 2024.

  • Palisade Capital Management reported no remaining Independent Bank position as of Q2 2024 after selling out during the quarter.
  • Palisade Capital Management sold 456,750 Independent Bank shares in Q2 2024, an estimated $23.8M.
  • Palisade Capital Management first reported a position in Independent Bank in Q2 2020 and held it in 16 quarters.
  • Palisade Capital Management's Independent Bank position peaked at $39M in Q4 2021.
  • 280 funds tracked by Wall St. Rank held Independent Bank as of Q2 2024.

Based on Palisade Capital Management's 13F filing for Q2 2024, filed 14 Aug 2024.