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Independent Bank

292 hedge funds and large institutions have $2.04B invested in Independent Bank in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 110 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 26

16% more capital invested

Capital invested by funds: $1.76B → $2.04B (+$277M)

4% more funds holding

Funds holding: 280292 (+12)

0.68% less ownership

Funds ownership: 81.68%81% (-0.68%)

12% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 110

63% less call options, than puts

Call options by funds: $17K | Put options by funds: $46K

Holders
292
Holders Change
+12
Holders Change %
+4.29%
% of All Funds
4.19%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
39
Increased
97
Reduced
110
Closed
26
Calls
$17K
Puts
$46K
Net Calls
-$29K
Net Calls Change
-$34K
Name Holding Trade Value Shares
Change
Change in
Stake
CPA
251
Capital Performance Advisors
California
$10.6K +$10.5K +179 New
HWM
252
HighMark Wealth Management
Minnesota
$10.5K +$10.4K +177 New
HNB
253
Huntington National Bank
Ohio
$10.2K +$2.17K +37 +27%
C
254
Covestor
United Kingdom
$10K +$941 +16 +10%
SCM
255
Sterling Capital Management
North Carolina
$8.69K +$8.64K +147 New
GWM
256
Geneos Wealth Management
Colorado
$8.52K +$8.47K +144 New
TWD
257
True Wealth Design
Ohio
$7.21K +$7.17K +122 New
SWA
258
SOA Wealth Advisors
New York
$7.11K +$59 +1 +0.8%
QL
259
Quarry LP
New York
$7.1K -$8.29K -141 -54%
PTC
260
Private Trust Company
Ohio
$6.74K
GRP
261
Global Retirement Partners
California
$6.27K -$6.23K -106 -50%
HWM
262
Hemington Wealth Management
Virginia
$6K +$5.7K +97 New
WT
263
Washington Trust
Rhode Island
$5.91K
1IA
264
1620 Investment Advisors
Massachusetts
$5.79K
EWA
265
EverSource Wealth Advisors
Alabama
$5.26K +$529 +9 +11%
ST
266
Smithfield Trust
Pennsylvania
$5K
JFGIW
267
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$4.36K +$4.29K +73 New
GI
268
GAMMA Investing
California
$4.26K +$2.47K +42 +140%
PWMG
269
Prestige Wealth Management Group
New Jersey
$4.24K
TCOV
270
Trust Company of Vermont
Vermont
$2.84K +$2.82K +48 New
GWSG
271
GPS Wealth Strategies Group
Colorado
$2.6K
RIL
272
Rothschild Investment LLC
Illinois
$2.37K +$1.47K +25 +167%
PWMG
273
Private Wealth Management Group
New Jersey
$2.19K
FMII
274
Farmers & Merchants Investments Inc
Nebraska
$1.77K
JWA
275
JFS Wealth Advisors
Pennsylvania
$1.72K +$59 +1 +4%

INDB Hedge Fund Activity: Q3 2024 in Review

292 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2024, worth a combined $2.04B — up 16% from $1.76B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new INDB positions and 26 closed out — a net gain of 13 holders — while 97 added to existing stakes and 110 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $11.3M. The largest seller was Victory Capital Management, cutting an estimated $38.9M.

  • 292 institutional investors held Independent Bank (INDB) as of Q3 2024, up from 280 in Q2 2024.
  • Funds reported $2.04B of Independent Bank stock for Q3 2024, up 16% quarter-over-quarter.
  • 39 funds opened new Independent Bank positions in Q3 2024 and 26 closed out, a net change of +13 holders.
  • The largest Independent Bank buyer in Q3 2024 was Goldman Sachs, an estimated $11.3M added.
  • The largest Independent Bank seller in Q3 2024 was Victory Capital Management, an estimated $38.9M sold.

Based on aggregated 13F filings for Q3 2024.