Independent Bank
INDB
252 hedge funds and large institutions have $3.04B invested in Independent Bank in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 90 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
0% more funds holding
Funds holding: 251 → 252 (+1)
5% less capital invested
Capital invested by funds: $3.19B → $3.04B (-$145M)
1.93% less ownership
Funds ownership: 83.92% → 81.99% (-1.9%)
20% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 90
Top Buyers
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$8.81M |
| 2 |
Morgan Stanley
New York
|
+$5.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.57M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.38M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$2.2M |
Top Sellers
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$29.6M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$17.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$14.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.8M |
| 5 |
Goldman Sachs
New York
|
-$5.66M |
INDB Hedge Fund Activity: Q2 2022 in Review
252 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2022, worth a combined $3.04B — down 4.6% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new INDB positions and 19 closed out — a net gain of 7 holders — while 72 added to existing stakes and 90 trimmed.
The largest buyer was Channing Capital Management, adding an estimated $8.81M. The largest seller was HSBC Holdings, cutting an estimated $29.6M.
- 252 institutional investors held Independent Bank (INDB) as of Q2 2022, up from 251 in Q1 2022.
- Funds reported $3.04B of Independent Bank stock for Q2 2022, down 4.6% quarter-over-quarter.
- 26 funds opened new Independent Bank positions in Q2 2022 and 19 closed out, a net change of +7 holders.
- The largest Independent Bank buyer in Q2 2022 was Channing Capital Management, an estimated $8.81M added.
- The largest Independent Bank seller in Q2 2022 was HSBC Holdings, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2022.