Independent Bank Corp
IBCP
144 hedge funds and large institutions have $449M invested in Independent Bank Corp in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 40 reducing their positions, and 12 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 40
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
3% more funds holding
Funds holding: 140 → 144 (+4)
0.84% more ownership
Funds ownership: 77.83% → 78.67% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $478M → $449M (-$29.2M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.39M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$4.01M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$2.68M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.41M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.17M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.82M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.37M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.42M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.21M |
IBCP Hedge Fund Activity: Q3 2018 in Review
144 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q3 2018, worth a combined $449M — down 6.1% from $478M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IBCP positions and 12 closed out — a net gain of 4 holders — while 56 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.39M. The largest seller was Millennium Management, cutting an estimated $6.17M.
- 144 institutional investors held Independent Bank Corp (IBCP) as of Q3 2018, up from 140 in Q2 2018.
- Funds reported $449M of Independent Bank Corp stock for Q3 2018, down 6.1% quarter-over-quarter.
- 16 funds opened new Independent Bank Corp positions in Q3 2018 and 12 closed out, a net change of +4 holders.
- The largest Independent Bank Corp buyer in Q3 2018 was Morgan Stanley, an estimated $4.39M added.
- The largest Independent Bank Corp seller in Q3 2018 was Millennium Management, an estimated $6.17M sold.
Based on aggregated 13F filings for Q3 2018.