Independent Bank Corp
IBCP
149 hedge funds and large institutions have $591M invested in Independent Bank Corp in 2024 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
26% more capital invested
Capital invested by funds: $468M → $591M (+$123M)
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
6% more funds holding
Funds holding: 141 → 149 (+8)
1.87% more ownership
Funds ownership: 82.94% → 84.81% (+1.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$7.78M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.02M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.38M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.09M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$13.1M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$9.97M |
| 3 |
BlackRock
New York
|
-$4.07M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$2.46M |
| 5 |
JP Morgan Chase
New York
|
-$2.12M |
IBCP Hedge Fund Activity: Q3 2024 in Review
149 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q3 2024, worth a combined $591M — up 26% from $468M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IBCP positions and 15 closed out — a net gain of 8 holders — while 52 added to existing stakes and 47 trimmed.
The largest buyer was Boston Partners, adding an estimated $7.78M. The largest seller was FJ Capital Management, cutting an estimated $13.1M.
- 149 institutional investors held Independent Bank Corp (IBCP) as of Q3 2024, up from 141 in Q2 2024.
- Funds reported $591M of Independent Bank Corp stock for Q3 2024, up 26% quarter-over-quarter.
- 23 funds opened new Independent Bank Corp positions in Q3 2024 and 15 closed out, a net change of +8 holders.
- The largest Independent Bank Corp buyer in Q3 2024 was Boston Partners, an estimated $7.78M added.
- The largest Independent Bank Corp seller in Q3 2024 was FJ Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2024.