Independent Bank
INDB
160 hedge funds and large institutions have $1.62B invested in Independent Bank in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 11 closing their positions.
284% more call options, than puts
Call options by funds: $2.61M | Put options by funds: $679K
16% more capital invested
Capital invested by funds: $1.4B → $1.62B (+$227M)
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
2.47% more ownership
Funds ownership: 77.63% → 80.1% (+2.5%)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 160 → 160 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$7.96M |
| 4 |
BlackRock
New York
|
+$6.88M |
| 5 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$5.47M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$4.82M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.46M |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$4.07M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.09M |
INDB Hedge Fund Activity: Q3 2017 in Review
160 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2017, worth a combined $1.62B — up 16% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new INDB positions and 11 closed out — a net gain of 1 holder — while 56 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $45.6M. The largest seller was Janus Henderson Group, cutting an estimated $5.47M.
- 160 institutional investors held Independent Bank (INDB) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $1.62B of Independent Bank stock for Q3 2017, up 16% quarter-over-quarter.
- 12 funds opened new Independent Bank positions in Q3 2017 and 11 closed out, a net change of +1 holder.
- The largest Independent Bank buyer in Q3 2017 was Fidelity Investments, an estimated $45.6M added.
- The largest Independent Bank seller in Q3 2017 was Janus Henderson Group, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2017.