Independent Bank Corp
IBCP
129 hedge funds and large institutions have $415M invested in Independent Bank Corp in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 11 closing their positions.
2,023% more call options, than puts
Call options by funds: $6.01M | Put options by funds: $283K
24% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 42
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $387M → $415M (+$28M)
0.8% more ownership
Funds ownership: 80.78% → 81.59% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 130 → 129 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.32M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.26M |
| 3 |
Goldman Sachs
New York
|
+$2.11M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.04M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$6.64M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$4.47M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$2.09M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.54M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.14M |
IBCP Hedge Fund Activity: Q4 2019 in Review
129 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2019, worth a combined $415M — up 7.2% from $387M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IBCP positions and 11 closed out — a net gain of 2 holders — while 52 added to existing stakes and 42 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.32M. The largest seller was PL Capital Advisors, cutting an estimated $6.64M.
- 129 institutional investors held Independent Bank Corp (IBCP) as of Q4 2019, down from 130 in Q3 2019.
- Funds reported $415M of Independent Bank Corp stock for Q4 2019, up 7.2% quarter-over-quarter.
- 13 funds opened new Independent Bank Corp positions in Q4 2019 and 11 closed out, a net change of +2 holders.
- The largest Independent Bank Corp buyer in Q4 2019 was Fidelity Investments, an estimated $2.32M added.
- The largest Independent Bank Corp seller in Q4 2019 was PL Capital Advisors, an estimated $6.64M sold.
Based on aggregated 13F filings for Q4 2019.