Independent Bank Corp
IBCP
122 hedge funds and large institutions have $323M invested in Independent Bank Corp in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 16 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
0.37% less ownership
Funds ownership: 80.69% → 80.32% (-0.37%)
1% less capital invested
Capital invested by funds: $327M → $323M (-$4.37M)
2% less funds holding
Funds holding: 125 → 122 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.66M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.29M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.13M |
| 4 |
BlackRock
New York
|
+$1.03M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.11M |
| 2 |
Renaissance Technologies
New York
|
-$1.43M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.12M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$1.05M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$831K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
126
Trexquant Investment
Stamford,
Connecticut
| – | -$332K | -17,197 | Closed |
|
|
AA
127
ALPS Advisors
Denver,
Colorado
| – | -$285K | -14,805 | Closed |
|
128
Truist Financial
Charlotte,
North Carolina
| – | -$276K | -14,281 | Closed |
|
|
DWM
129
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$196K | -10,164 | Closed |
|
|
PI
130
PEAK6 Investments
Chicago,
Illinois
| – | -$130K | -6,753 | Closed |
|
131
SG Americas Securities
New York
| – | -$121K | -6,253 | Closed |
|
132
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -584 | Closed |
|
|
GWM
133
Geneos Wealth Management
Englewood,
Colorado
| – | -$10K | -530 | Closed |
|
134
Simplex Trading
Chicago,
Illinois
| – | -$1.58K | -78 | Closed |
|
IBCP Hedge Fund Activity: Q3 2022 in Review
122 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q3 2022, worth a combined $323M — down 1.3% from $327M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IBCP and 13 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 40 added.
The largest buyer was AQR Capital Management, adding an estimated $1.66M. The largest seller was Assenagon Asset Management, cutting an estimated $2.11M.
- 122 institutional investors held Independent Bank Corp (IBCP) as of Q3 2022, down from 125 in Q2 2022.
- Funds reported $323M of Independent Bank Corp stock for Q3 2022, down 1.3% quarter-over-quarter.
- 13 funds opened new Independent Bank Corp positions in Q3 2022 and 16 closed out, a net change of -3 holders.
- The largest Independent Bank Corp buyer in Q3 2022 was AQR Capital Management, an estimated $1.66M added.
- The largest Independent Bank Corp seller in Q3 2022 was Assenagon Asset Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2022.