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Independent Bank

201 hedge funds and large institutions have $2.26B invested in Independent Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

13% more capital invested

Capital invested by funds: $1.99B → $2.26B (+$269M)

4% more funds holding

Funds holding: 194201 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more call options, than puts

Call options by funds: $421K | Put options by funds: $421K

1.35% less ownership

Funds ownership: 82.82%81.47% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 71

Holders
201
Holders Change
+7
Holders Change %
+3.61%
% of All Funds
3.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
24
Increased
58
Reduced
71
Closed
15
Calls
$421K
Puts
$421K
Net Calls
Net Calls Change
+$1.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
26
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.9M -$261K -3,122 -2%
MAP
27
Moody Aldrich Partners
Massachusetts
$13.8M +$1.91M +22,881 +16%
N
28
Nuveen
North Carolina
$13.8M -$48K -575 -0.4%
Janus Henderson Group
29
Janus Henderson Group
United Kingdom
$13.3M -$14.6M -175,257 -53%
BCIM
30
British Columbia Investment Management
British Columbia, Canada
$12.5M -$2.1M -25,100 -14%
Bank of America
31
Bank of America
North Carolina
$12.4M +$5.84M +69,952 +90%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$10.7M -$5.02M -60,068 -32%
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$10M -$169K -2,018 -2%
Legal & General Group
34
Legal & General Group
United Kingdom
$8.94M +$58.9K +705 +0.7%
PP
35
Prudential plc
United Kingdom
$8.73M -$2.21M -26,475 -20%
HA
36
Heartland Advisors
Wisconsin
$8.64M -$4.33M -51,785 -34%
Fisher Asset Management
37
Fisher Asset Management
Washington
$8.07M +$217K +2,598 +3%
EWM
38
Endurance Wealth Management
Rhode Island
$8M -$1.23M -14,699 -13%
PWLP
39
Prio Wealth Limited Partnership
Massachusetts
$7.69M -$799K -9,561 -9%
Swiss National Bank
40
Swiss National Bank
Switzerland
$6.35M +$58.5K +700 +0.9%
First Trust Advisors
41
First Trust Advisors
Illinois
$6.32M +$917K +10,973 +17%
Invesco
42
Invesco
Georgia
$5.8M -$11.3M -135,726 -66%
Public Sector Pension Investment Board (PSP Investments)
43
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.72M -$416K -4,980 -7%
Citadel Advisors
44
Citadel Advisors
Florida
$5.71M +$4.17M +49,935 +280%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$5.66M -$858K -10,263 -13%
HAI
46
Hennessy Advisors Inc
California
$5.26M +$1.04M +12,500 +25%
PPA
47
Parametric Portfolio Associates
Washington
$5M +$518K +6,198 +12%
Barclays
48
Barclays
United Kingdom
$4.79M +$1.71M +20,445 +56%
AllianceBernstein
49
AllianceBernstein
Tennessee
$4.18M -$346K -4,135 -8%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$4.17M -$10.1K -121 -0.2%

INDB Hedge Fund Activity: Q1 2021 in Review

201 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2021, worth a combined $2.26B — up 13% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new INDB positions and 15 closed out — a net gain of 9 holders — while 58 added to existing stakes and 71 trimmed.

The largest buyer was Vanguard Group, adding an estimated $26.2M. The largest seller was Channing Capital Management, cutting an estimated $25.3M.

  • 201 institutional investors held Independent Bank (INDB) as of Q1 2021, up from 194 in Q4 2020.
  • Funds reported $2.26B of Independent Bank stock for Q1 2021, up 13% quarter-over-quarter.
  • 24 funds opened new Independent Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
  • The largest Independent Bank buyer in Q1 2021 was Vanguard Group, an estimated $26.2M added.
  • The largest Independent Bank seller in Q1 2021 was Channing Capital Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2021.