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Independent Bank

199 hedge funds and large institutions have $1.84B invested in Independent Bank in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 76 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

5% more funds holding

Funds holding: 190199 (+9)

0.7% less ownership

Funds ownership: 84.04%83.33% (-0.7%)

1% less capital invested

Capital invested by funds: $1.86B → $1.84B (-$16.3M)

28% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 76

45% less call options, than puts

Call options by funds: $268K | Put options by funds: $483K

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
199
Holders Change
+9
Holders Change %
+4.74%
% of All Funds
4.08%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
23
Increased
55
Reduced
76
Closed
13
Calls
$268K
Puts
$483K
Net Calls
-$215K
Net Calls Change
-$441K
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$10.4M -$1.76M -26,166 -14%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$10.2M +$1.48M +22,035 +17%
BTW
28
Boston Trust Walden
Massachusetts
$9.74M +$800K +11,902 +9%
EVM
29
Eaton Vance Management
Massachusetts
$9.58M -$1.56M -23,196 -14%
PP
30
Prudential plc
United Kingdom
$9.35M +$101K +1,500 +1%
HA
31
Heartland Advisors
Wisconsin
$8.63M +$1.04M +15,437 +14%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$8.26M -$690K -10,269 -8%
JP Morgan Chase
33
JP Morgan Chase
New York
$7.49M +$2.92M +43,496 +64%
Wells Fargo
34
Wells Fargo
California
$7.43M +$1.11M +16,561 +18%
EWM
35
Endurance Wealth Management
Rhode Island
$7.36M
Morgan Stanley
36
Morgan Stanley
New York
$7.07M -$833K -12,390 -11%
Legal & General Group
37
Legal & General Group
United Kingdom
$7.06M +$387K +5,758 +6%
PWLP
38
Prio Wealth Limited Partnership
Massachusetts
$6.88M -$462K -6,869 -6%
Fisher Asset Management
39
Fisher Asset Management
Washington
$6.82M +$592K +8,801 +9%
MAP
40
Moody Aldrich Partners
Massachusetts
$6.8M -$435K -6,471 -6%
Bank of America
41
Bank of America
North Carolina
$6.52M -$1.4M -20,781 -18%
Swiss National Bank
42
Swiss National Bank
Switzerland
$5.14M +$672K +10,000 +15%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$4.95M -$44.3K -659 -0.9%
First Trust Advisors
44
First Trust Advisors
Illinois
$4.95M +$2.9M +43,184 +141%
Public Sector Pension Investment Board (PSP Investments)
45
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.94M -$222K -3,300 -4%
PPA
46
Parametric Portfolio Associates
Washington
$4.76M -$383K -5,701 -7%
MC
47
Moors & Cabot
Massachusetts
$3.75M +$523K +7,779 +16%
AllianceBernstein
48
AllianceBernstein
Tennessee
$3.72M +$262K +3,891 +8%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$3.33M -$60.7K -903 -2%
Allianz Asset Management
50
Allianz Asset Management
Germany
$2.77M -$329K -4,892 -11%

INDB Hedge Fund Activity: Q2 2020 in Review

199 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2020, worth a combined $1.84B — down 0.88% from $1.86B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new INDB positions and 13 closed out — a net gain of 10 holders — while 55 added to existing stakes and 76 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $28.6M. The largest seller was Victory Capital Management, cutting an estimated $89.7M.

  • 199 institutional investors held Independent Bank (INDB) as of Q2 2020, up from 190 in Q1 2020.
  • Funds reported $1.84B of Independent Bank stock for Q2 2020, down 0.88% quarter-over-quarter.
  • 23 funds opened new Independent Bank positions in Q2 2020 and 13 closed out, a net change of +10 holders.
  • The largest Independent Bank buyer in Q2 2020 was Fidelity Investments, an estimated $28.6M added.
  • The largest Independent Bank seller in Q2 2020 was Victory Capital Management, an estimated $89.7M sold.

Based on aggregated 13F filings for Q2 2020.