Independent Bank Corp
IBCP
128 hedge funds and large institutions have $405M invested in Independent Bank Corp in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 13 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
11% more capital invested
Capital invested by funds: $364M → $405M (+$40.7M)
0.96% more ownership
Funds ownership: 78.78% → 79.74% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 130 → 128 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.88M |
| 3 |
BlackRock
New York
|
+$3.2M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.77M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.24M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$2.21M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.93M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$1.71M |
IBCP Hedge Fund Activity: Q4 2021 in Review
128 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2021, worth a combined $405M — up 11% from $364M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IBCP and 12 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, adding an estimated $6.94M. The largest seller was Bank of Montreal, exiting entirely with an estimated $9M sold.
- 128 institutional investors held Independent Bank Corp (IBCP) as of Q4 2021, down from 130 in Q3 2021.
- Funds reported $405M of Independent Bank Corp stock for Q4 2021, up 11% quarter-over-quarter.
- 12 funds opened new Independent Bank Corp positions in Q4 2021 and 13 closed out, a net change of -1 holder.
- The largest Independent Bank Corp buyer in Q4 2021 was Fidelity Investments, an estimated $6.94M added.
- The largest Independent Bank Corp seller in Q4 2021 was Bank of Montreal, an estimated $9M sold.
Based on aggregated 13F filings for Q4 2021.