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Independent Bank Corp

114 hedge funds and large institutions have $395M invested in Independent Bank Corp in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 31 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 31

5% more capital invested

Capital invested by funds: $375M → $395M (+$19.6M)

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

1% more funds holding

Funds holding: 113114 (+1)

0.78% more ownership

Funds ownership: 80.91%81.69% (+0.78%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
114
Holders Change
+1
Holders Change %
+0.88%
% of All Funds
2.84%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
12
Increased
42
Reduced
31
Closed
11
Calls
$227K
Puts
Net Calls
+$227K
Net Calls Change
+$227K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
101
UBS Group
Switzerland
$35K +$13.9K +663 +74%
Barclays
102
Barclays
United Kingdom
$33K +$27.3K +1,305 +946%
AIP
103
Ameritas Investment Partners
Nebraska
$32K
Citigroup
104
Citigroup
New York
$27K +$21.7K +1,040 +776%
IA
105
IFP Advisors
Florida
$15K
AIM
106
Advantage Investment Management
Iowa
$12K
GWM
107
Geneos Wealth Management
Colorado
$12K
FMA
108
FNY Managed Accounts
New York
$9K +$9.2K +440 New
LTFS
109
Ladenburg Thalmann Financial Services
Florida
$8K -$5.27K -252 -42%
Simplex Trading
110
Simplex Trading
Illinois
$6K +$6.46K +309 New
MA
111
MUFG Americas
New York
$5K
PNC Financial Services Group
112
PNC Financial Services Group
Pennsylvania
$2K
PA
113
Parallel Advisors
California
$1K +$1.13K +54 New
KCM
114
Kennedy Capital Management
Missouri
-$3.98M -182,878 Closed
MCM
115
McKinley Capital Management
Alaska
-$1.34M -61,511 Closed
OAM
116
Oberweis Asset Management
Illinois
-$816K -37,500 Closed
MWNA
117
Marshall Wace North America
New York
-$727K -33,027 Closed
Connor, Clark & Lunn Investment Management (CC&L)
118
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$599K -27,550 Closed
OAM
119
Oxford Asset Management
United Kingdom
-$509K -23,413 Closed
SIM
120
Spark Investment Management
New York
-$324K -14,900 Closed
TC
121
TFS Capital
Pennsylvania
-$222K -10,197 Closed
OSAM
122
O'Shaughnessy Asset Management
Connecticut
-$168K -7,718 Closed
AIM
123
Acrospire Investment Management
Illinois
-$57K -2,604 Closed
PMFA
124
Plante Moran Financial Advisors
Michigan
-$1K -24 Closed

IBCP Hedge Fund Activity: Q3 2017 in Review

114 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q3 2017, worth a combined $395M — up 5.2% from $375M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new IBCP positions and 11 closed out — a net gain of 1 holder — while 42 added to existing stakes and 31 trimmed.

The largest buyer was Russell Investments Group, adding an estimated $2.24M. The largest seller was EJF Capital, cutting an estimated $14.6M.

  • 114 institutional investors held Independent Bank Corp (IBCP) as of Q3 2017, up from 113 in Q2 2017.
  • Funds reported $395M of Independent Bank Corp stock for Q3 2017, up 5.2% quarter-over-quarter.
  • 12 funds opened new Independent Bank Corp positions in Q3 2017 and 11 closed out, a net change of +1 holder.
  • The largest Independent Bank Corp buyer in Q3 2017 was Russell Investments Group, an estimated $2.24M added.
  • The largest Independent Bank Corp seller in Q3 2017 was EJF Capital, an estimated $14.6M sold.

Based on aggregated 13F filings for Q3 2017.