Independent Bank Corp
IBCP
133 hedge funds and large institutions have $373M invested in Independent Bank Corp in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 13 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
0% more funds holding
Funds holding: 133 → 133 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0.78% less ownership
Funds ownership: 79.58% → 78.8% (-0.78%)
9% less capital invested
Capital invested by funds: $410M → $373M (-$36.4M)
89% less call options, than puts
Call options by funds: $28K | Put options by funds: $245K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.03M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.78M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$1.83M |
| 5 |
Morgan Stanley
New York
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$3.83M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.31M |
| 3 |
JP Morgan Chase
New York
|
-$2.01M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.96M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.6M |
IBCP Hedge Fund Activity: Q2 2021 in Review
133 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q2 2021, worth a combined $373M — down 8.9% from $410M a quarter earlier.
Fund positioning in IBCP was balanced in Q2 2021: 13 funds opened new positions, 13 closed out, 48 added to existing stakes and 45 trimmed.
The largest buyer was Invesco, adding an estimated $4.03M. The largest seller was Maltese Capital Management, cutting an estimated $3.83M.
- 133 institutional investors held Independent Bank Corp (IBCP) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $373M of Independent Bank Corp stock for Q2 2021, down 8.9% quarter-over-quarter.
- 13 funds opened new Independent Bank Corp positions in Q2 2021 and 13 closed out, a net change of 0 holders.
- The largest Independent Bank Corp buyer in Q2 2021 was Invesco, an estimated $4.03M added.
- The largest Independent Bank Corp seller in Q2 2021 was Maltese Capital Management, an estimated $3.83M sold.
Based on aggregated 13F filings for Q2 2021.