Independent Bank Corp
IBCP
129 hedge funds and large institutions have $364M invested in Independent Bank Corp in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 49 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 78.8% → 78.78% (-0.02%)
2% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 49
3% less capital invested
Capital invested by funds: $373M → $364M (-$9.52M)
3% less funds holding
Funds holding: 133 → 129 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
99% less call options, than puts
Call options by funds: $9K | Put options by funds: $866K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$4.4M |
| 2 |
JP Morgan Chase
New York
|
+$1.45M |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$1.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$1.23M |
| 5 |
BlackRock
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$4.35M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$3.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.46M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.29M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.25M |
IBCP Hedge Fund Activity: Q3 2021 in Review
129 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q3 2021, worth a combined $364M — down 2.5% from $373M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of IBCP and 10 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 48 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $4.4M. The largest seller was Maltese Capital Management, cutting an estimated $4.35M.
- 129 institutional investors held Independent Bank Corp (IBCP) as of Q3 2021, down from 133 in Q2 2021.
- Funds reported $364M of Independent Bank Corp stock for Q3 2021, down 2.5% quarter-over-quarter.
- 10 funds opened new Independent Bank Corp positions in Q3 2021 and 14 closed out, a net change of -4 holders.
- The largest Independent Bank Corp buyer in Q3 2021 was Hotchkis & Wiley Capital Management, an estimated $4.4M added.
- The largest Independent Bank Corp seller in Q3 2021 was Maltese Capital Management, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2021.