Independent Bank Corp
IBCP
172 hedge funds and large institutions have $614M invested in Independent Bank Corp in 2024 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 58 reducing their positions, and 9 closing their positions.
271% more call options, than puts
Call options by funds: $63K | Put options by funds: $17K
267% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 9
15% more funds holding
Funds holding: 149 → 172 (+23)
4% more capital invested
Capital invested by funds: $591M → $614M (+$23.3M)
0.42% less ownership
Funds ownership: 84.81% → 84.38% (-0.42%)
10% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 58
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$2.27M |
| 2 |
JP Morgan Chase
New York
|
+$2.11M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.91M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.35M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$4.79M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.11M |
| 3 |
Goldman Sachs
New York
|
-$2.02M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$1.71M |
| 5 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$287K | -8,610 | Closed |
|
|
CC
177
Centiva Capital
New York
| – | -$279K | -8,362 | Closed |
|
|
ZIM
178
Zacks Investment Management
Chicago,
Illinois
| – | -$221K | -6,631 | Closed |
|
179
Lazard Asset Management
New York
| – | -$97K | -2,918 | Closed |
|
|
NC
180
nVerses Capital
Wellington,
Florida
| – | -$26.7K | -800 | Closed |
|
|
CPA
181
Capital Performance Advisors
Walnut Creek,
California
| – | -$11K | -330 | Closed |
|
IBCP Hedge Fund Activity: Q4 2024 in Review
172 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2024, worth a combined $614M — up 3.9% from $591M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IBCP positions and 9 closed out — a net gain of 24 holders — while 52 added to existing stakes and 58 trimmed.
The largest buyer was Boston Partners, adding an estimated $2.27M. The largest seller was FJ Capital Management, cutting an estimated $4.79M.
- 172 institutional investors held Independent Bank Corp (IBCP) as of Q4 2024, up from 149 in Q3 2024.
- Funds reported $614M of Independent Bank Corp stock for Q4 2024, up 3.9% quarter-over-quarter.
- 33 funds opened new Independent Bank Corp positions in Q4 2024 and 9 closed out, a net change of +24 holders.
- The largest Independent Bank Corp buyer in Q4 2024 was Boston Partners, an estimated $2.27M added.
- The largest Independent Bank Corp seller in Q4 2024 was FJ Capital Management, an estimated $4.79M sold.
Based on aggregated 13F filings for Q4 2024.