Independent Bank Corp
IBCP
146 hedge funds and large institutions have $396M invested in Independent Bank Corp in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 20 closing their positions.
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
1% more funds holding
Funds holding: 144 → 146 (+2)
0.37% more ownership
Funds ownership: 78.67% → 79.04% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 50
12% less capital invested
Capital invested by funds: $449M → $396M (-$53.5M)
93% less call options, than puts
Call options by funds: $275K | Put options by funds: $4.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$10.6M |
| 2 |
BlackRock
New York
|
+$8.69M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$4.94M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$4.06M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.68M |
| 2 |
Man Group
London,
United Kingdom
|
-$4.56M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.78M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.25M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.85M |
IBCP Hedge Fund Activity: Q4 2018 in Review
146 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2018, worth a combined $396M — down 12% from $449M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new IBCP positions and 20 closed out — a net gain of 2 holders — while 49 added to existing stakes and 50 trimmed.
The largest buyer was PL Capital Advisors, adding an estimated $10.6M. The largest seller was Morgan Stanley, cutting an estimated $6.68M.
- 146 institutional investors held Independent Bank Corp (IBCP) as of Q4 2018, up from 144 in Q3 2018.
- Funds reported $396M of Independent Bank Corp stock for Q4 2018, down 12% quarter-over-quarter.
- 22 funds opened new Independent Bank Corp positions in Q4 2018 and 20 closed out, a net change of +2 holders.
- The largest Independent Bank Corp buyer in Q4 2018 was PL Capital Advisors, an estimated $10.6M added.
- The largest Independent Bank Corp seller in Q4 2018 was Morgan Stanley, an estimated $6.68M sold.
Based on aggregated 13F filings for Q4 2018.