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Independent Bank

205 hedge funds and large institutions have $2.04B invested in Independent Bank in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 75 increasing their positions, 62 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 62

0.16% more ownership

Funds ownership: 79.3%79.46% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less capital invested

Capital invested by funds: $2.06B → $2.04B (-$23.3M)

4% less funds holding

Funds holding: 214205 (-9)

38% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 24

79% less call options, than puts

Call options by funds: $30K | Put options by funds: $144K

Holders
205
Holders Change
-9
Holders Change %
-4.21%
% of All Funds
4.5%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
15
Increased
75
Reduced
62
Closed
24
Calls
$30K
Puts
$144K
Net Calls
-$114K
Net Calls Change
-$114K
Name Holding Trade Value Shares
Change
Change in
Stake
PP
26
Prudential plc
United Kingdom
$13.9M -$718K -9,900 -5%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$10.7M +$830K +11,448 +9%
BTW
28
Boston Trust Walden
Massachusetts
$9.49M +$77K +1,062 +0.8%
Morgan Stanley
29
Morgan Stanley
New York
$9.46M -$2.78M -38,276 -23%
RhumbLine Advisers
30
RhumbLine Advisers
Massachusetts
$8.9M +$497K +6,847 +6%
Bank of America
31
Bank of America
North Carolina
$8.77M -$909K -12,538 -10%
PWLP
32
Prio Wealth Limited Partnership
Massachusetts
$8.31M -$349K -4,810 -4%
EWM
33
Endurance Wealth Management
Rhode Island
$8.19M
MAP
34
Moody Aldrich Partners
Massachusetts
$7.81M +$957K +13,203 +14%
Fisher Asset Management
35
Fisher Asset Management
Washington
$7.77M +$1.19M +16,356 +19%
Legal & General Group
36
Legal & General Group
United Kingdom
$6.86M +$161K +2,218 +2%
Public Sector Pension Investment Board (PSP Investments)
37
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6.51M +$837K +11,548 +15%
Wells Fargo
38
Wells Fargo
California
$6.29M -$55.5K -766 -0.9%
Renaissance Technologies
39
Renaissance Technologies
New York
$5.92M +$11.4K +157 +0.2%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$5.73M +$2.34M +32,305 +73%
HAI
41
Hennessy Advisors Inc
California
$5.6M +$363K +5,000 +7%
PPA
42
Parametric Portfolio Associates
Washington
$5.48M +$321K +4,420 +6%
Swiss National Bank
43
Swiss National Bank
Switzerland
$4.81M +$50.8K +700 +1%
Prudential Financial
44
Prudential Financial
New Jersey
$4.09M -$56.6K -780 -1%
AllianceBernstein
45
AllianceBernstein
Tennessee
$4.04M -$495K -6,830 -11%
MC
46
Moors & Cabot
Massachusetts
$3.87M +$930K +12,826 +33%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$3.86M +$44.8K +618 +1%
JP Morgan Chase
48
JP Morgan Chase
New York
$3.72M +$517K +7,126 +17%
ASRS
49
Arizona State Retirement System
Arizona
$3.01M -$932K -12,859 -24%
New York State Teachers Retirement System (NYSTRS)
50
New York State Teachers Retirement System (NYSTRS)
New York
$2.84M

INDB Hedge Fund Activity: Q3 2019 in Review

205 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2019, worth a combined $2.04B — down 1.1% from $2.06B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of INDB and 15 opened new positions — a net loss of 9 holders — while 62 trimmed existing stakes and 75 added.

The largest buyer was Victory Capital Management, adding an estimated $11.7M. The largest seller was State Street, cutting an estimated $12.5M.

  • 205 institutional investors held Independent Bank (INDB) as of Q3 2019, down from 214 in Q2 2019.
  • Funds reported $2.04B of Independent Bank stock for Q3 2019, down 1.1% quarter-over-quarter.
  • 15 funds opened new Independent Bank positions in Q3 2019 and 24 closed out, a net change of -9 holders.
  • The largest Independent Bank buyer in Q3 2019 was Victory Capital Management, an estimated $11.7M added.
  • The largest Independent Bank seller in Q3 2019 was State Street, an estimated $12.5M sold.

Based on aggregated 13F filings for Q3 2019.