Independent Bank Corp
IBCP
130 hedge funds and large institutions have $396M invested in Independent Bank Corp in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 51 reducing their positions, and 9 closing their positions.
575% more call options, than puts
Call options by funds: $81K | Put options by funds: $12K
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more capital invested
Capital invested by funds: $323M → $396M (+$73.6M)
7% more funds holding
Funds holding: 122 → 130 (+8)
2.35% more ownership
Funds ownership: 80.32% → 82.66% (+2.3%)
20% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$5M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.21M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.67M |
| 4 |
Millennium Management
New York
|
+$2.41M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.11M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.39M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$959K |
| 4 |
Renaissance Technologies
New York
|
-$953K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$933K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
126
Huntington National Bank
Columbus,
Ohio
| $1.34K | – | – | – |
|
|
SFA
127
Semmax Financial Advisors
Winston Salem,
North Carolina
| $1K | – | – | – |
|
128
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$296 | +13 | +41% |
|
|
PA
129
Parallel Advisors
San Francisco,
California
| $383 | -$1.12K | -49 | -75% |
|
|
CCIA
130
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$369K | -19,325 | Closed |
|
|
CSS
131
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$334K | -17,496 | Closed |
|
|
QC
132
Quadrature Capital
London,
United Kingdom
| – | -$284K | -14,868 | Closed |
|
|
PFA
133
Professional Financial Advisors
North Platte,
Nebraska
| – | -$26K | -1,379 | Closed |
|
|
QT
134
Quantbot Technologies
New York
| – | -$19K | -1,000 | Closed |
|
|
PHK
135
Point72 Hong Kong
Hong Kong
| – | -$12K | -615 | Closed |
|
|
FHA
136
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -74 | Closed |
|
|
HR
137
Howe & Rusling
Rochester,
New York
| – | -$1K | -68 | Closed |
|
IBCP Hedge Fund Activity: Q4 2022 in Review
130 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2022, worth a combined $396M — up 23% from $323M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IBCP positions and 9 closed out — a net gain of 11 holders — while 41 added to existing stakes and 51 trimmed.
The largest buyer was Invesco, adding an estimated $5M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $2.11M.
- 130 institutional investors held Independent Bank Corp (IBCP) as of Q4 2022, up from 122 in Q3 2022.
- Funds reported $396M of Independent Bank Corp stock for Q4 2022, up 23% quarter-over-quarter.
- 20 funds opened new Independent Bank Corp positions in Q4 2022 and 9 closed out, a net change of +11 holders.
- The largest Independent Bank Corp buyer in Q4 2022 was Invesco, an estimated $5M added.
- The largest Independent Bank Corp seller in Q4 2022 was Thrivent Financial for Lutherans, an estimated $2.11M sold.
Based on aggregated 13F filings for Q4 2022.