Independent Bank Corp
IBCP
125 hedge funds and large institutions have $327M invested in Independent Bank Corp in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 51 reducing their positions, and 12 closing their positions.
0.23% more ownership
Funds ownership: 80.45% → 80.69% (+0.23%)
5% less funds holding
Funds holding: 131 → 125 (-6)
13% less capital invested
Capital invested by funds: $375M → $327M (-$48.3M)
16% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 51
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $149K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.86M |
| 2 |
Goldman Sachs
New York
|
+$1.84M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.83M |
| 4 |
Morgan Stanley
New York
|
+$1.73M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.57M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.19M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.83M |
| 5 |
Renaissance Technologies
New York
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$236K | -10,740 | Closed |
|
127
Prudential Financial
Newark,
New Jersey
| – | -$213K | -9,660 | Closed |
|
|
RTC
128
Riverview Trust Company
Vancouver,
Washington
| – | -$22K | -1,016 | Closed |
|
|
PHK
129
Point72 Hong Kong
Hong Kong
| – | -$16K | -715 | Closed |
|
|
EI
130
Ellevest Inc
New York
| – | -$15K | -685 | Closed |
|
|
MCM
131
Manchester Capital Management
Manchester,
Vermont
| – | -$4K | -197 | Closed |
|
|
LF
132
Lee Financial
Dallas,
Texas
| – | -$2K | -101 | -86% |
|
|
ACM
133
Aquatic Capital Management
Chicago,
Illinois
| – | -$2K | -100 | Closed |
|
|
T
134
TCWP
Beachwood,
Ohio
| – | -$1K | -81 | Closed |
|
|
AF
135
Allworth Financial
Folsom,
California
| – | +$238 | +12 | New |
|
|
BTI
136
Blue Trust Inc
Alpharetta,
Georgia
| – | +$357 | +18 | New |
|
IBCP Hedge Fund Activity: Q2 2022 in Review
125 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q2 2022, worth a combined $327M — down 13% from $375M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IBCP and 10 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 43 added.
The largest buyer was BlackRock, adding an estimated $5.86M. The largest seller was FJ Capital Management, cutting an estimated $3.33M.
- 125 institutional investors held Independent Bank Corp (IBCP) as of Q2 2022, down from 131 in Q1 2022.
- Funds reported $327M of Independent Bank Corp stock for Q2 2022, down 13% quarter-over-quarter.
- 10 funds opened new Independent Bank Corp positions in Q2 2022 and 12 closed out, a net change of -2 holders.
- The largest Independent Bank Corp buyer in Q2 2022 was BlackRock, an estimated $5.86M added.
- The largest Independent Bank Corp seller in Q2 2022 was FJ Capital Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2022.