Independent Bank
INDB
219 hedge funds and large institutions have $2.3B invested in Independent Bank in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 15 closing their positions.
386% more call options, than puts
Call options by funds: $525K | Put options by funds: $108K
140% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 15
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $2.04B → $2.3B (+$266M)
7% more funds holding
Funds holding: 205 → 219 (+14)
1.02% more ownership
Funds ownership: 79.46% → 80.48% (+1%)
6% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 66
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$13.9M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$10.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$9.22M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.43M |
Top Sellers
| 1 |
BlackRock
New York
|
-$12.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$11M |
| 4 |
Renaissance Technologies
New York
|
-$5.92M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
HSBC Holdings
London,
United Kingdom
| – | -$268K | -3,585 | Closed |
|
|
WA
227
Wealth Architects
Mountain View,
California
| – | -$261K | -3,500 | Closed |
|
|
GCP
228
GSA Capital Partners
London,
United Kingdom
| – | -$208K | -2,780 | Closed |
|
229
Point72 Asset Management
Stamford,
Connecticut
| – | -$37K | -500 | Closed |
|
|
DP
230
Denver PWM
Denver,
Colorado
| – | -$18.6K | -250 | Closed |
|
231
Rockefeller Capital Management
New York
| – | -$6K | -74 | Closed |
|
|
CBT
232
Capital Bank & Trust
Irvine,
California
| – | -$2K | -26 | Closed |
|
|
GWAG
233
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$1.42K | -19 | Closed |
|
234
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -14 | Closed |
|
INDB Hedge Fund Activity: Q4 2019 in Review
219 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2019, worth a combined $2.3B — up 13% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new INDB positions and 15 closed out — a net gain of 21 holders — while 70 added to existing stakes and 66 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $13.9M. The largest seller was BlackRock, cutting an estimated $12.7M.
- 219 institutional investors held Independent Bank (INDB) as of Q4 2019, up from 205 in Q3 2019.
- Funds reported $2.3B of Independent Bank stock for Q4 2019, up 13% quarter-over-quarter.
- 36 funds opened new Independent Bank positions in Q4 2019 and 15 closed out, a net change of +21 holders.
- The largest Independent Bank buyer in Q4 2019 was JP Morgan Chase, an estimated $13.9M added.
- The largest Independent Bank seller in Q4 2019 was BlackRock, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2019.