Independent Bank Corp
IBCP
92 hedge funds and large institutions have $239M invested in Independent Bank Corp in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
15% more funds holding
Funds holding: 80 → 92 (+12)
6% more capital invested
Capital invested by funds: $224M → $239M (+$14.5M)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
75% less call options, than puts
Call options by funds: $336K | Put options by funds: $1.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
+$4.86M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.66M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.08M |
| 4 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$1.29M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$878K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.02M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.75M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.57M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.07M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$650K |
IBCP Hedge Fund Activity: Q2 2015 in Review
92 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q2 2015, worth a combined $239M — up 6.5% from $224M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IBCP positions and 2 closed out — a net gain of 12 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was Clover Partners, opening a new position worth an estimated $4.86M. The largest seller was Eagle Asset Management, cutting an estimated $5.02M.
- 92 institutional investors held Independent Bank Corp (IBCP) as of Q2 2015, up from 80 in Q1 2015.
- Funds reported $239M of Independent Bank Corp stock for Q2 2015, up 6.5% quarter-over-quarter.
- 14 funds opened new Independent Bank Corp positions in Q2 2015 and 2 closed out, a net change of +12 holders.
- The largest Independent Bank Corp buyer in Q2 2015 was Clover Partners, an estimated $4.86M added.
- The largest Independent Bank Corp seller in Q2 2015 was Eagle Asset Management, an estimated $5.02M sold.
Based on aggregated 13F filings for Q2 2015.