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Independent Bank

192 hedge funds and large institutions have $1.41B invested in Independent Bank in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 71 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.69% less ownership

Funds ownership: 83.33%81.64% (-1.7%)

4% less funds holding

Funds holding: 199192 (-7)

21% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 29

24% less capital invested

Capital invested by funds: $1.84B → $1.41B (-$433M)

25% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 71

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

93% less call options, than puts

Call options by funds: $52K | Put options by funds: $727K

Holders
192
Holders Change
-7
Holders Change %
-3.52%
% of All Funds
3.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
23
Increased
53
Reduced
71
Closed
29
Calls
$52K
Puts
$727K
Net Calls
-$675K
Net Calls Change
-$460K
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
26
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.87M -$115K -1,853 -1%
N
27
Nuveen
North Carolina
$8.5M +$408K +6,567 +4%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$8.35M +$460K +7,401 +5%
BTW
29
Boston Trust Walden
Massachusetts
$7.94M +$393K +6,315 +4%
PP
30
Prudential plc
United Kingdom
$7.9M +$721K +11,600 +8%
Morgan Stanley
31
Morgan Stanley
New York
$7.82M +$2.73M +43,978 +42%
HA
32
Heartland Advisors
Wisconsin
$6.74M
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$5.88M -$667K -10,734 -9%
EWM
34
Endurance Wealth Management
Rhode Island
$5.75M
Legal & General Group
35
Legal & General Group
United Kingdom
$5.52M +$10.8K +174 +0.2%
MAP
36
Moody Aldrich Partners
Massachusetts
$5.38M +$89.9K +1,446 +1%
PWLP
37
Prio Wealth Limited Partnership
Massachusetts
$5.37M
Wells Fargo
38
Wells Fargo
California
$5.32M -$570K -9,165 -8%
JP Morgan Chase
39
JP Morgan Chase
New York
$5.21M -$545K -8,768 -8%
Fisher Asset Management
40
Fisher Asset Management
Washington
$5.01M -$374K -6,009 -6%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$3.93M +$83.9K +1,349 +2%
Swiss National Bank
42
Swiss National Bank
Switzerland
$3.91M -$124K -2,000 -3%
Bank of America
43
Bank of America
North Carolina
$3.87M -$1.45M -23,291 -24%
Public Sector Pension Investment Board (PSP Investments)
44
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.82M -$44.1K -710 -1%
First Trust Advisors
45
First Trust Advisors
Illinois
$3.59M -$320K -5,151 -7%
AllianceBernstein
46
AllianceBernstein
Tennessee
$2.9M -$9.51K -153 -0.3%
Balyasny Asset Management
47
Balyasny Asset Management
Illinois
$2.89M +$2.05M +33,006 +149%
MC
48
Moors & Cabot
Massachusetts
$2.73M -$240K -3,856 -7%
PPA
49
Parametric Portfolio Associates
Washington
$2.62M -$1.29M -20,822 -29%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$2.61M +$14.5K +233 +0.5%

INDB Hedge Fund Activity: Q3 2020 in Review

192 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2020, worth a combined $1.41B — down 24% from $1.84B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of INDB and 23 opened new positions — a net loss of 6 holders — while 71 trimmed existing stakes and 53 added.

The largest buyer was Eaton Vance Management, adding an estimated $7.34M. The largest seller was Victory Capital Management, cutting an estimated $22.3M.

  • 192 institutional investors held Independent Bank (INDB) as of Q3 2020, down from 199 in Q2 2020.
  • Funds reported $1.41B of Independent Bank stock for Q3 2020, down 24% quarter-over-quarter.
  • 23 funds opened new Independent Bank positions in Q3 2020 and 29 closed out, a net change of -6 holders.
  • The largest Independent Bank buyer in Q3 2020 was Eaton Vance Management, an estimated $7.34M added.
  • The largest Independent Bank seller in Q3 2020 was Victory Capital Management, an estimated $22.3M sold.

Based on aggregated 13F filings for Q3 2020.