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Independent Bank

219 hedge funds and large institutions have $2.3B invested in Independent Bank in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

386% more call options, than puts

Call options by funds: $525K | Put options by funds: $108K

140% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 15

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

13% more capital invested

Capital invested by funds: $2.04B → $2.3B (+$266M)

7% more funds holding

Funds holding: 205219 (+14)

1.02% more ownership

Funds ownership: 79.46%80.48% (+1%)

6% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 66

Holders
219
Holders Change
+14
Holders Change %
+6.83%
% of All Funds
4.32%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.08%
New
36
Increased
70
Reduced
66
Closed
15
Calls
$525K
Puts
$108K
Net Calls
+$417K
Net Calls Change
+$531K
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$14.6M -$1.48M -18,134 -9%
PP
27
Prudential plc
United Kingdom
$14.1M -$1.36M -16,600 -9%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$11.5M -$433K -5,300 -4%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$11.2M +$4.76M +58,271 +76%
EVM
30
Eaton Vance Management
Massachusetts
$11M +$10.8M +132,061 New
BTW
31
Boston Trust Walden
Massachusetts
$10.8M +$198K +2,419 +2%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$10.5M +$583K +7,127 +6%
EWM
33
Endurance Wealth Management
Rhode Island
$9.13M
PWLP
34
Prio Wealth Limited Partnership
Massachusetts
$9.11M -$150K -1,841 -2%
MAP
35
Moody Aldrich Partners
Massachusetts
$8.98M +$269K +3,291 +3%
Public Sector Pension Investment Board (PSP Investments)
36
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$8.49M +$1.2M +14,700 +17%
Legal & General Group
37
Legal & General Group
United Kingdom
$8.24M +$574K +7,025 +8%
Bank of America
38
Bank of America
North Carolina
$8.05M -$1.7M -20,794 -18%
Fisher Asset Management
39
Fisher Asset Management
Washington
$7.52M -$1.13M -13,832 -13%
Wells Fargo
40
Wells Fargo
California
$7.07M +$56.3K +689 +0.8%
SBH
41
Segall Bryant & Hamill
Illinois
$6.02M -$11M -134,387 -65%
PPA
42
Parametric Portfolio Associates
Washington
$5.83M -$277K -3,385 -5%
HAI
43
Hennessy Advisors Inc
California
$5.83M -$409K -5,000 -7%
Swiss National Bank
44
Swiss National Bank
Switzerland
$5.48M +$106K +1,300 +2%
MC
45
Moors & Cabot
Massachusetts
$4.76M +$435K +5,319 +10%
Prudential Financial
46
Prudential Financial
New Jersey
$4.52M -$37.1K -454 -0.8%
AllianceBernstein
47
AllianceBernstein
Tennessee
$4.52M +$12.3K +150 +0.3%
Allianz Asset Management
48
Allianz Asset Management
Germany
$4.44M +$4.36M +53,294 New
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$4.22M -$83.8K -1,025 -2%
Barclays
50
Barclays
United Kingdom
$4.22M +$1.41M +17,269 +52%

INDB Hedge Fund Activity: Q4 2019 in Review

219 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2019, worth a combined $2.3B — up 13% from $2.04B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new INDB positions and 15 closed out — a net gain of 21 holders — while 70 added to existing stakes and 66 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $13.9M. The largest seller was BlackRock, cutting an estimated $12.7M.

  • 219 institutional investors held Independent Bank (INDB) as of Q4 2019, up from 205 in Q3 2019.
  • Funds reported $2.3B of Independent Bank stock for Q4 2019, up 13% quarter-over-quarter.
  • 36 funds opened new Independent Bank positions in Q4 2019 and 15 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q4 2019 was JP Morgan Chase, an estimated $13.9M added.
  • The largest Independent Bank seller in Q4 2019 was BlackRock, an estimated $12.7M sold.

Based on aggregated 13F filings for Q4 2019.