State of Wisconsin Investment Board
INDB icon

State of Wisconsin Investment Board’s Independent Bank INDB Stock Holding History

State of Wisconsin Investment Board’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 		$3.94M Sell
52,338
-2,467
-5% -$193K 0.01% 1090
2025
Q4 		$4.01M Sell
54,805
-562
-1% -$39.9K 0.01% 1092
2025
Q3 		$3.83M Buy
55,367
+520
+0.9% +$35.3K 0.01% 1057
2025
Q2 		$3.45M Sell
54,847
-1,853
-3% -$113K 0.01% 1067
2025
Q1 		$3.55M Buy
56,700
+400
+0.7% +$26.3K 0.01% 1041
2024
Q4 		$3.61M Buy
56,300
+1,902
+3% +$127K 0.01% 1075
2024
Q3 		$3.22M Sell
54,398
-262
-0.5% -$15.4K 0.01% 1131
2024
Q2 		$2.77M Sell
54,660
-3,172
-5% -$159K 0.01% 1166
2024
Q1 		$3.01M Sell
57,832
-10,897
-16% -$602K 0.01% 1128
2023
Q4 		$4.52M Buy
68,729
+18,452
+37% +$1.02M 0.01% 1012
2023
Q3 		$2.47M Sell
50,277
-28,129
-36% -$1.5M 0.01% 1186
2023
Q2 		$3.49M Sell
78,406
-341
-0.4% -$17.7K 0.01% 1130
2023
Q1 		$5.17M Sell
78,747
-4,574
-5% -$350K 0.02% 946
2022
Q4 		$7.03M Sell
83,321
-2,998
-3% -$254K 0.02% 746
2022
Q3 		$6.43M Sell
86,319
-3,077
-3% -$249K 0.02% 799
2022
Q2 		$7.1M Buy
89,396
+11,796
+15% +$937K 0.02% 803
2022
Q1 		$6.34M Buy
77,600
+34,300
+79% +$2.9M 0.01% 1039
2021
Q4 		$3.53M Hold
43,300
– – 0.01% 1137
2021
Q3 		$3.3M Buy
43,300
+29,800
+221% +$2.18M 0.01% 1165
2021
Q2 		$1.02M Sell
13,500
-1,500
-10% -$121K ﹤0.01% 1444
2021
Q1 		$1.26M Sell
15,000
-3,000
-17% -$251K ﹤0.01% 1314
2020
Q4 		$1.31M Buy
18,000
+12,800
+246% +$831K ﹤0.01% 1268
2020
Q3 		$272K Buy
+5,200
New +$323K ﹤0.01% 1859

Other funds holding INDB

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
RT
Rockland Trust Hanover, Massachusetts $2.55B AUM 17.04% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
Geode Capital Management
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
Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

State of Wisconsin Investment Board's INDB Position: Q1 2026 in Review

State of Wisconsin Investment Board reduced its Independent Bank (INDB) stake by 4.5% in Q1 2026, selling an estimated $193K and leaving 52,338 shares worth $3.94M. The position accounts for 0.01% of the portfolio, ranked #1090.

State of Wisconsin Investment Board first reported a position in INDB in Q3 2020 and has held it in 23 quarters since. The position peaked at $7.1M in Q2 2022. 333 funds tracked by Wall St. Rank hold INDB as of Q1 2026.

  • State of Wisconsin Investment Board held 52,338 shares of Independent Bank worth $3.94M as of Q1 2026.
  • State of Wisconsin Investment Board sold 2,467 Independent Bank shares in Q1 2026, an estimated $193K.
  • Independent Bank made up 0.01% of State of Wisconsin Investment Board's portfolio in Q1 2026, its #1090 holding.
  • State of Wisconsin Investment Board first reported a position in Independent Bank in Q3 2020 and has held it in 23 quarters since.
  • State of Wisconsin Investment Board's Independent Bank position peaked at $7.1M in Q2 2022.
  • 333 funds tracked by Wall St. Rank held Independent Bank as of Q1 2026.

Based on State of Wisconsin Investment Board's 13F filing for Q1 2026, filed 15 May 2026.