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Independent Bank

206 hedge funds and large institutions have $2.29B invested in Independent Bank in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

471% more call options, than puts

Call options by funds: $434K | Put options by funds: $76K

6% more capital invested

Capital invested by funds: $2.16B → $2.29B (+$132M)

4.45% more ownership

Funds ownership: 86.45%90.9% (+4.4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 68

1% less funds holding

Funds holding: 209206 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
206
Holders Change
-3
Holders Change %
-1.44%
% of All Funds
3.61%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
16
Increased
68
Reduced
68
Closed
18
Calls
$434K
Puts
$76K
Net Calls
+$358K
Net Calls Change
+$358K
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$17.4M -$305K -4,164 -2%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$16.4M -$108K -1,477 -0.7%
MAP
28
Moody Aldrich Partners
Massachusetts
$15.8M +$2.09M +28,509 +16%
NI
29
Nuance Investments
Missouri
$15.4M +$14.8M +202,559 New
Manulife (Manufacturers Life Insurance)
30
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.2M +$35.9K +490 +0.3%
Bank of America
31
Bank of America
North Carolina
$13M +$2.15M +29,391 +21%
Millennium Management
32
Millennium Management
New York
$10.5M -$5.24M -71,527 -34%
N
33
Nuveen
North Carolina
$10.4M -$1.06M -14,522 -10%
BCIM
34
British Columbia Investment Management
British Columbia, Canada
$10.3M -$952K -13,000 -9%
ProShare Advisors
35
ProShare Advisors
Maryland
$9.93M -$552K -7,540 -5%
JP Morgan Chase
36
JP Morgan Chase
New York
$9.37M -$993K -13,556 -10%
HA
37
Heartland Advisors
Wisconsin
$8.59M
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$7.88M -$799K -10,906 -10%
Invesco
39
Invesco
Georgia
$7.35M -$98.5K -1,344 -1%
EWM
40
Endurance Wealth Management
Rhode Island
$7.23M
Fisher Asset Management
41
Fisher Asset Management
Washington
$7.22M -$506K -6,907 -7%
PWLP
42
Prio Wealth Limited Partnership
Massachusetts
$6.94M -$14.7K -200 -0.2%
Renaissance Technologies
43
Renaissance Technologies
New York
$6.92M -$1.99M -27,100 -23%
Legal & General Group
44
Legal & General Group
United Kingdom
$6.9M +$487K +6,642 +8%
Swiss National Bank
45
Swiss National Bank
Switzerland
$5.56M +$22K +300 +0.4%
E
46
Ergoteles
New York
$5.31M +$5.11M +69,743 New
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.08M -$53.5K -730 -1%
PPA
48
Parametric Portfolio Associates
Washington
$4.61M -$299K -4,078 -6%
HAI
49
Hennessy Advisors Inc
California
$4.38M
Two Sigma Investments
50
Two Sigma Investments
New York
$4.26M +$1.36M +18,504 +49%

INDB Hedge Fund Activity: Q3 2021 in Review

206 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2021, worth a combined $2.29B — up 6.1% from $2.16B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of INDB and 16 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 68 added.

The largest buyer was Channing Capital Management, opening a new position worth an estimated $46.5M. The largest seller was ClariVest Asset Management, exiting entirely with an estimated $5.45M sold.

  • 206 institutional investors held Independent Bank (INDB) as of Q3 2021, down from 209 in Q2 2021.
  • Funds reported $2.29B of Independent Bank stock for Q3 2021, up 6.1% quarter-over-quarter.
  • 16 funds opened new Independent Bank positions in Q3 2021 and 18 closed out, a net change of -2 holders.
  • The largest Independent Bank buyer in Q3 2021 was Channing Capital Management, an estimated $46.5M added.
  • The largest Independent Bank seller in Q3 2021 was ClariVest Asset Management, an estimated $5.45M sold.

Based on aggregated 13F filings for Q3 2021.