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Independent Bank

113 hedge funds and large institutions have $556M invested in Independent Bank in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

172% more call options, than puts

Call options by funds: $193K | Put options by funds: $71K

18% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 33

10% more funds holding

Funds holding: 103113 (+10)

2% less capital invested

Capital invested by funds: $564M → $556M (-$8.52M)

Holders
113
Holders Change
+10
Holders Change %
+9.71%
% of All Funds
3.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
39
Reduced
33
Closed
3
Calls
$193K
Puts
$71K
Net Calls
+$122K
Net Calls Change
+$122K
Name Holding Trade Value Shares
Change
Change in
Stake
RC
51
RBF Capital
California
$1.07M
PCMF
52
Private Capital Management (Florida)
Florida
$1M
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$970K +$278K +7,617 +39%
CT
54
Cambridge Trust
Massachusetts
$928K
Comerica Bank
55
Comerica Bank
Texas
$903K +$23.6K +648 +3%
Millennium Management
56
Millennium Management
New York
$862K +$880K +24,146 New
State of Tennessee, Department of Treasury
57
State of Tennessee, Department of Treasury
Tennessee
$860K +$878K +24,100 New
TPSF
58
Texas Permanent School Fund
Texas
$854K -$63.5K -1,744 -7%
CS
59
Credit Suisse
Switzerland
$767K +$782K +21,458 New
Wells Fargo
60
Wells Fargo
California
$721K +$73.2K +2,009 +11%
ASRS
61
Arizona State Retirement System
Arizona
$720K -$3.64K -100 -0.5%
NSEDCP
62
NJ State Employees Deferred Compensation Plan
New Jersey
$714K
MLICM
63
Metropolitan Life Insurance Company (MetLife)
New York
$661K
AIG
64
American International Group
New York
$617K +$838 +23 +0.1%
Bank of America
65
Bank of America
North Carolina
$608K -$730K -20,048 -54%
Swiss National Bank
66
Swiss National Bank
Switzerland
$607K -$36.4K -1,000 -6%
Two Sigma Investments
67
Two Sigma Investments
New York
$588K +$600K +16,463 New
EMFAT
68
Emerald Mutual Fund Advisers Trust
Pennsylvania
$544K
Royal Bank of Canada
69
Royal Bank of Canada
Ontario, Canada
$538K +$520K +14,274 +1,795%
ProShare Advisors
70
ProShare Advisors
Maryland
$536K -$7.32K -201 -1%
Morgan Stanley
71
Morgan Stanley
New York
$536K +$237K +6,514 +77%
B
72
Baird
Wisconsin
$516K -$8.56K -235 -2%
First Trust Advisors
73
First Trust Advisors
Illinois
$509K +$108K +2,972 +26%
BA
74
BlackRock Advisors
Delaware
$490K -$11.7M -320,736 -96%
VOYA Investment Management
75
VOYA Investment Management
Georgia
$468K

INDB Hedge Fund Activity: Q3 2013 in Review

113 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2013, worth a combined $556M — down 1.5% from $564M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new INDB positions and 3 closed out — a net gain of 11 holders — while 39 added to existing stakes and 33 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $3.66M. The largest seller was KeyBank National Association, cutting an estimated $22.3M.

  • 113 institutional investors held Independent Bank (INDB) as of Q3 2013, up from 103 in Q2 2013.
  • Funds reported $556M of Independent Bank stock for Q3 2013, down 1.5% quarter-over-quarter.
  • 14 funds opened new Independent Bank positions in Q3 2013 and 3 closed out, a net change of +11 holders.
  • The largest Independent Bank buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $3.66M added.
  • The largest Independent Bank seller in Q3 2013 was KeyBank National Association, an estimated $22.3M sold.

Based on aggregated 13F filings for Q3 2013.