Independent Bank Corp
IBCP
131 hedge funds and large institutions have $375M invested in Independent Bank Corp in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
3% more funds holding
Funds holding: 127 → 131 (+4)
0.71% more ownership
Funds ownership: 79.74% → 80.45% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $393M → $375M (-$17.2M)
15% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 52
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $169K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.77M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$3.54M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.95M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.44M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.91M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.9M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.63M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.05M |
IBCP Hedge Fund Activity: Q1 2022 in Review
131 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q1 2022, worth a combined $375M — down 4.4% from $393M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IBCP positions and 10 closed out — a net gain of 4 holders — while 44 added to existing stakes and 52 trimmed.
The largest buyer was BlackRock, adding an estimated $3.77M. The largest seller was Arrowstreet Capital, cutting an estimated $3.91M.
- 131 institutional investors held Independent Bank Corp (IBCP) as of Q1 2022, up from 127 in Q4 2021.
- Funds reported $375M of Independent Bank Corp stock for Q1 2022, down 4.4% quarter-over-quarter.
- 14 funds opened new Independent Bank Corp positions in Q1 2022 and 10 closed out, a net change of +4 holders.
- The largest Independent Bank Corp buyer in Q1 2022 was BlackRock, an estimated $3.77M added.
- The largest Independent Bank Corp seller in Q1 2022 was Arrowstreet Capital, an estimated $3.91M sold.
Based on aggregated 13F filings for Q1 2022.