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Independent Bank

190 hedge funds and large institutions have $1.84B invested in Independent Bank in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 8

11% more funds holding

Funds holding: 171190 (+19)

4% more capital invested

Capital invested by funds: $1.76B → $1.84B (+$78.8M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.67% less ownership

Funds ownership: 82.02%81.35% (-0.67%)

5% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 62

Holders
190
Holders Change
+19
Holders Change %
+11.11%
% of All Funds
4.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
28
Increased
59
Reduced
62
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PWLP
26
Prio Wealth Limited Partnership
Massachusetts
$9.66M -$366K -4,200 -3%
Norges Bank
27
Norges Bank
Norway
$9.46M
EWM
28
Endurance Wealth Management
Rhode Island
$9.06M -$1.55M -17,728 -14%
CEP
29
Chicago Equity Partners
Illinois
$7.77M +$8.21M +94,050 New
WG
30
Winton Group
United Kingdom
$7.12M +$7.2M +82,479 +2,207%
MAP
31
Moody Aldrich Partners
Massachusetts
$6.71M +$1.23M +14,120 +21%
Bank of America
32
Bank of America
North Carolina
$6.35M +$104K +1,195 +2%
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$6.18M -$56.8K -651 -0.9%
Deutsche Bank
34
Deutsche Bank
Germany
$6M -$3.43M -39,366 -35%
TCIM
35
TIAA CREF Investment Management
New York
$5.99M -$480K -5,507 -7%
HAI
36
Hennessy Advisors Inc
California
$5.78M +$1.74M +20,000 +40%
Wells Fargo
37
Wells Fargo
California
$5.74M +$161K +1,844 +3%
First Trust Advisors
38
First Trust Advisors
Illinois
$5.61M -$2.2M -25,253 -27%
Morgan Stanley
39
Morgan Stanley
New York
$5.47M +$179K +2,051 +3%
Fisher Asset Management
40
Fisher Asset Management
Washington
$5.41M +$261K +2,997 +5%
Legal & General Group
41
Legal & General Group
United Kingdom
$5.28M +$372K +4,261 +7%
TA
42
Teachers Advisors
New York
$4.41M +$145K +1,658 +3%
PPA
43
Parametric Portfolio Associates
Washington
$4.13M -$339K -3,886 -7%
Swiss National Bank
44
Swiss National Bank
Switzerland
$3.95M
Prudential Financial
45
Prudential Financial
New Jersey
$3.82M -$37.7K -432 -0.9%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$3.82M -$376K -4,313 -9%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$3.44M -$1.22K -14 -0%
ASRS
48
Arizona State Retirement System
Arizona
$3.3M -$13.1K -150 -0.4%
OAM
49
Oxford Asset Management
United Kingdom
$3.24M +$3.08M +35,325 +915%
MC
50
Moors & Cabot
Massachusetts
$3.22M +$104K +1,194 +3%

INDB Hedge Fund Activity: Q3 2018 in Review

190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2018, worth a combined $1.84B — up 4.5% from $1.76B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INDB positions and 8 closed out — a net gain of 20 holders — while 59 added to existing stakes and 62 trimmed.

The largest buyer was BlackRock, adding an estimated $12M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $26.4M.

  • 190 institutional investors held Independent Bank (INDB) as of Q3 2018, up from 171 in Q2 2018.
  • Funds reported $1.84B of Independent Bank stock for Q3 2018, up 4.5% quarter-over-quarter.
  • 28 funds opened new Independent Bank positions in Q3 2018 and 8 closed out, a net change of +20 holders.
  • The largest Independent Bank buyer in Q3 2018 was BlackRock, an estimated $12M added.
  • The largest Independent Bank seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $26.4M sold.

Based on aggregated 13F filings for Q3 2018.