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Independent Bank Corp

172 hedge funds and large institutions have $614M invested in Independent Bank Corp in 2024 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 58 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

271% more call options, than puts

Call options by funds: $63K | Put options by funds: $17K

267% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 9

15% more funds holding

Funds holding: 149172 (+23)

4% more capital invested

Capital invested by funds: $591M → $614M (+$23.3M)

0.42% less ownership

Funds ownership: 84.81%84.38% (-0.42%)

10% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 58

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
172
Holders Change
+23
Holders Change %
+15.44%
% of All Funds
2.27%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
33
Increased
52
Reduced
58
Closed
9
Calls
$63K
Puts
$17K
Net Calls
+$46K
Net Calls Change
+$46K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$99.7M +$931K +26,231 +0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$42.4M +$914K +25,756 +2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$36.5M +$433K +12,218 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$32.9M -$541K -15,259 -2%
State Street
5
State Street
Massachusetts
$23.5M +$987K +27,827 +4%
FCM
6
FJ Capital Management
Virginia
$23.4M -$4.79M -134,883 -17%
Renaissance Technologies
7
Renaissance Technologies
New York
$19.7M -$1.25M -35,200 -6%
American Century Companies
8
American Century Companies
Missouri
$18.2M +$1.91M +53,938 +11%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$17.4M +$1.23M +34,672 +7%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$17.3M -$110K -3,103 -0.6%
JP Morgan Chase
11
JP Morgan Chase
New York
$15.6M +$2.11M +59,339 +15%
LSV Asset Management
12
LSV Asset Management
Illinois
$14.6M -$1.71M -48,100 -10%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$14.1M -$188K -5,289 -1%
Boston Partners
14
Boston Partners
Massachusetts
$12.1M +$2.27M +64,006 +23%
N
15
Nuveen
North Carolina
$11.9M -$290K -8,186 -2%
Principal Financial Group
16
Principal Financial Group
Iowa
$11.7M -$444K -12,519 -4%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$11.1M -$49.2K -1,386 -0.4%
PCA
18
PL Capital Advisors
Florida
$11.1M
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$10.1M +$894K +25,200 +10%
Goldman Sachs
20
Goldman Sachs
New York
$9.97M -$2.02M -56,851 -17%
Russell Investments Group
21
Russell Investments Group
United Kingdom
$7.89M -$14.2K -399 -0.2%
Northern Trust
22
Northern Trust
Illinois
$7.63M -$199K -5,621 -3%
FP
23
Foundry Partners
Minnesota
$7.43M +$83.6K +2,355 +1%
ProShare Advisors
24
ProShare Advisors
Maryland
$7.24M -$398K -11,230 -5%
Charles Schwab
25
Charles Schwab
California
$6M +$44.6K +1,256 +0.7%

IBCP Hedge Fund Activity: Q4 2024 in Review

172 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q4 2024, worth a combined $614M — up 3.9% from $591M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new IBCP positions and 9 closed out — a net gain of 24 holders — while 52 added to existing stakes and 58 trimmed.

The largest buyer was Boston Partners, adding an estimated $2.27M. The largest seller was FJ Capital Management, cutting an estimated $4.79M.

  • 172 institutional investors held Independent Bank Corp (IBCP) as of Q4 2024, up from 149 in Q3 2024.
  • Funds reported $614M of Independent Bank Corp stock for Q4 2024, up 3.9% quarter-over-quarter.
  • 33 funds opened new Independent Bank Corp positions in Q4 2024 and 9 closed out, a net change of +24 holders.
  • The largest Independent Bank Corp buyer in Q4 2024 was Boston Partners, an estimated $2.27M added.
  • The largest Independent Bank Corp seller in Q4 2024 was FJ Capital Management, an estimated $4.79M sold.

Based on aggregated 13F filings for Q4 2024.