Independent Bank
INDB
286 hedge funds and large institutions have $2.28B invested in Independent Bank in 2024 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 93 increasing their positions, 109 reducing their positions, and 35 closing their positions.
542% more call options, than puts
Call options by funds: $289K | Put options by funds: $45K
12% more capital invested
Capital invested by funds: $2.04B → $2.28B (+$246M)
2.61% more ownership
Funds ownership: 81% → 83.61% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 292 → 286 (-6)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
15% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$55.2M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$25.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$19.1M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$8.13M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.17M |
| 2 |
Morgan Stanley
New York
|
-$8.86M |
| 3 |
Millennium Management
New York
|
-$7.88M |
| 4 |
D.E. Shaw & Co
New York
|
-$6.45M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$6.03M |
INDB Hedge Fund Activity: Q4 2024 in Review
286 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2024, worth a combined $2.28B — up 12% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of INDB and 30 opened new positions — a net loss of 5 holders — while 109 trimmed existing stakes and 93 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $55.2M. The largest seller was Victory Capital Management, cutting an estimated $9.17M.
- 286 institutional investors held Independent Bank (INDB) as of Q4 2024, down from 292 in Q3 2024.
- Funds reported $2.28B of Independent Bank stock for Q4 2024, up 12% quarter-over-quarter.
- 30 funds opened new Independent Bank positions in Q4 2024 and 35 closed out, a net change of -5 holders.
- The largest Independent Bank buyer in Q4 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $55.2M added.
- The largest Independent Bank seller in Q4 2024 was Victory Capital Management, an estimated $9.17M sold.
Based on aggregated 13F filings for Q4 2024.