Independent Bank Corp
IBCP
80 hedge funds and large institutions have $224M invested in Independent Bank Corp in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $225M → $224M (-$393K)
6% less funds holding
Funds holding: 85 → 80 (-5)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
47% less call options, than puts
Call options by funds: $382K | Put options by funds: $721K
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.05M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$1.92M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.3M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$548K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.8M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.56M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.31M |
| 4 |
Two Sigma Investments
New York
|
-$1.2M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.17M |
IBCP Hedge Fund Activity: Q1 2015 in Review
80 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q1 2015, worth a combined $224M — down 0.17% from $225M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IBCP and 5 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.05M. The largest seller was EAM Investors, exiting entirely with an estimated $1.8M sold.
- 80 institutional investors held Independent Bank Corp (IBCP) as of Q1 2015, down from 85 in Q4 2014.
- Funds reported $224M of Independent Bank Corp stock for Q1 2015, down 0.17% quarter-over-quarter.
- 5 funds opened new Independent Bank Corp positions in Q1 2015 and 10 closed out, a net change of -5 holders.
- The largest Independent Bank Corp buyer in Q1 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $4.05M added.
- The largest Independent Bank Corp seller in Q1 2015 was EAM Investors, an estimated $1.8M sold.
Based on aggregated 13F filings for Q1 2015.