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Independent Bank

214 hedge funds and large institutions have $2.06B invested in Independent Bank in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

105% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 20

9% more funds holding

Funds holding: 196214 (+18)

5% more capital invested

Capital invested by funds: $1.97B → $2.06B (+$89.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.78% less ownership

Funds ownership: 87.07%79.3% (-7.8%)

Holders
214
Holders Change
+18
Holders Change %
+9.18%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
41
Increased
94
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$13.9M +$14.2M +182,898 New
Morgan Stanley
27
Morgan Stanley
New York
$12.6M +$11.1M +142,817 +645%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$10M +$4.36M +56,021 +74%
Bank of America
29
Bank of America
North Carolina
$9.9M -$1.34M -17,241 -12%
BTW
30
Boston Trust Walden
Massachusetts
$9.6M -$3.39M -43,545 -26%
PWLP
31
Prio Wealth Limited Partnership
Massachusetts
$8.84M +$289K +3,710 +3%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$8.55M +$1.04M +13,383 +14%
EWM
33
Endurance Wealth Management
Rhode Island
$8.35M
MAP
34
Moody Aldrich Partners
Massachusetts
$6.96M +$217K +2,788 +3%
Legal & General Group
35
Legal & General Group
United Kingdom
$6.83M +$581K +7,457 +9%
Fisher Asset Management
36
Fisher Asset Management
Washington
$6.68M +$1.99M +25,561 +41%
Wells Fargo
37
Wells Fargo
California
$6.47M +$630K +8,083 +11%
Renaissance Technologies
38
Renaissance Technologies
New York
$6.03M +$5.63M +72,282 +1,048%
Public Sector Pension Investment Board (PSP Investments)
39
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.76M +$3.45M +44,300 +141%
HAI
40
Hennessy Advisors Inc
California
$5.33M
PPA
41
Parametric Portfolio Associates
Washington
$5.26M +$81.3K +1,044 +2%
Swiss National Bank
42
Swiss National Bank
Switzerland
$4.86M +$894K +11,478 +22%
AllianceBernstein
43
AllianceBernstein
Tennessee
$4.64M +$1.74M +22,361 +58%
Barclays
44
Barclays
United Kingdom
$4.45M +$2.57M +32,996 +129%
Prudential Financial
45
Prudential Financial
New Jersey
$4.23M +$44.7K +574 +1%
ASRS
46
Arizona State Retirement System
Arizona
$4.05M -$12.5K -160 -0.3%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$3.89M +$672K +8,624 +20%
Canada Life
48
Canada Life
Manitoba, Canada
$3.55M +$715K +9,174 +25%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$3.38M +$214K +2,743 +7%
First Trust Advisors
50
First Trust Advisors
Illinois
$3.38M -$791K -10,152 -19%

INDB Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2019, worth a combined $2.06B — up 4.5% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new INDB positions and 20 closed out — a net gain of 21 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $38.2M sold.

  • 214 institutional investors held Independent Bank (INDB) as of Q2 2019, up from 196 in Q1 2019.
  • Funds reported $2.06B of Independent Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
  • 41 funds opened new Independent Bank positions in Q2 2019 and 20 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q2 2019 was T. Rowe Price Associates, an estimated $66M added.
  • The largest Independent Bank seller in Q2 2019 was Wasatch Advisors, an estimated $38.2M sold.

Based on aggregated 13F filings for Q2 2019.