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Independent Bank

170 hedge funds and large institutions have $1.52B invested in Independent Bank in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 17

16% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 50

6% more funds holding

Funds holding: 160170 (+10)

0.09% less ownership

Funds ownership: 80.1%80.01% (-0.09%)

6% less capital invested

Capital invested by funds: $1.62B → $1.52B (-$105M)

14% less call options, than puts

Call options by funds: $391K | Put options by funds: $456K

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
170
Holders Change
+10
Holders Change %
+6.25%
% of All Funds
3.86%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
58
Reduced
50
Closed
17
Calls
$391K
Puts
$456K
Net Calls
-$65K
Net Calls Change
-$1.99M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$2.18M -$17.5K -245 -0.8%
California Public Employees Retirement System
52
California Public Employees Retirement System
California
$2.18M +$266K +3,708 +13%
AWM
53
Aries Wealth Management
Maine
$2.11M +$2.06M +28,740 New
RC
54
RBF Capital
California
$2.1M
NERM
55
New England Research & Management
Illinois
$2.05M +$222K +3,100 +12%
MAP
56
Moody Aldrich Partners
Massachusetts
$2.05M +$438K +6,115 +26%
Comerica Bank
57
Comerica Bank
Texas
$2.05M -$49.1K -686 -2%
KeyBank National Association
58
KeyBank National Association
Ohio
$1.57M -$107K -1,500 -6%
EM
59
Excalibur Management
Massachusetts
$1.57M -$107K -1,500 -6%
State of Tennessee, Department of Treasury
60
State of Tennessee, Department of Treasury
Tennessee
$1.51M -$168K -2,349 -10%
AIG
61
American International Group
New York
$1.51M +$24.8K +346 +2%
Ohio Public Employees Retirement System (OPERS)
62
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.47M +$1.5M +21,000 New
BNP Paribas Financial Markets
63
BNP Paribas Financial Markets
France
$1.3M +$259K +3,623 +24%
TPSF
64
Texas Permanent School Fund
Texas
$1.3M -$106K -1,480 -7%
CS
65
Credit Suisse
Switzerland
$1.28M -$552K -7,714 -30%
CT
66
Cambridge Trust
Massachusetts
$1.2M
Public Sector Pension Investment Board (PSP Investments)
67
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.2M
Thrivent Financial for Lutherans
68
Thrivent Financial for Lutherans
Minnesota
$1.19M +$24K +335 +2%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$1.07M -$56.6K -790 -5%
EMFAT
70
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.06M
PI
71
PineBridge Investments
New York
$1.06M -$212K -2,960 -16%
UBS AM
72
UBS AM
Illinois
$991K
IP
73
Isthmus Partners
Wisconsin
$932K +$2.22K +31 +0.2%
MIM
74
MetLife Investment Management
New Jersey
$891K +$914K +12,760 New
PT
75
Plimoth Trust
Massachusetts
$883K +$906K +12,649 New

INDB Hedge Fund Activity: Q4 2017 in Review

170 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2017, worth a combined $1.52B — down 6.5% from $1.62B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new INDB positions and 17 closed out — a net gain of 10 holders — while 58 added to existing stakes and 50 trimmed.

The largest buyer was State Street, adding an estimated $11.6M. The largest seller was Janus Henderson Group, cutting an estimated $12.7M.

  • 170 institutional investors held Independent Bank (INDB) as of Q4 2017, up from 160 in Q3 2017.
  • Funds reported $1.52B of Independent Bank stock for Q4 2017, down 6.5% quarter-over-quarter.
  • 27 funds opened new Independent Bank positions in Q4 2017 and 17 closed out, a net change of +10 holders.
  • The largest Independent Bank buyer in Q4 2017 was State Street, an estimated $11.6M added.
  • The largest Independent Bank seller in Q4 2017 was Janus Henderson Group, an estimated $12.7M sold.

Based on aggregated 13F filings for Q4 2017.