Independent Bank Corp
IBCP
125 hedge funds and large institutions have $327M invested in Independent Bank Corp in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 51 reducing their positions, and 13 closing their positions.
0.2% more ownership
Funds ownership: 80.46% → 80.66% (+0.2%)
5% less funds holding
Funds holding: 132 → 125 (-7)
13% less capital invested
Capital invested by funds: $375M → $327M (-$48.5M)
18% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 51
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.86M |
| 2 |
Goldman Sachs
New York
|
+$1.84M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.83M |
| 4 |
Morgan Stanley
New York
|
+$1.73M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.57M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.19M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.83M |
| 5 |
Renaissance Technologies
New York
|
-$1.46M |
IBCP Hedge Fund Activity: Q2 2022 in Review
125 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q2 2022, worth a combined $327M — down 13% from $375M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IBCP and 10 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 42 added.
The largest buyer was BlackRock, adding an estimated $5.86M. The largest seller was FJ Capital Management, cutting an estimated $3.33M.
- 125 institutional investors held Independent Bank Corp (IBCP) as of Q2 2022, down from 132 in Q1 2022.
- Funds reported $327M of Independent Bank Corp stock for Q2 2022, down 13% quarter-over-quarter.
- 10 funds opened new Independent Bank Corp positions in Q2 2022 and 13 closed out, a net change of -3 holders.
- The largest Independent Bank Corp buyer in Q2 2022 was BlackRock, an estimated $5.86M added.
- The largest Independent Bank Corp seller in Q2 2022 was FJ Capital Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2022.