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Independent Bank

214 hedge funds and large institutions have $2.06B invested in Independent Bank in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

105% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 20

9% more funds holding

Funds holding: 196214 (+18)

5% more capital invested

Capital invested by funds: $1.97B → $2.06B (+$89.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.78% less ownership

Funds ownership: 87.07%79.3% (-7.8%)

Holders
214
Holders Change
+18
Holders Change %
+9.18%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
41
Increased
94
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$3.2M +$1.01M +12,905 +43%
MC
52
Moors & Cabot
Massachusetts
$2.98M +$30.1K +386 +1%
New York State Teachers Retirement System (NYSTRS)
53
New York State Teachers Retirement System (NYSTRS)
New York
$2.89M
GKIM
54
GW&K Investment Management
Massachusetts
$2.54M +$2.6M +33,427 New
Comerica Bank
55
Comerica Bank
Texas
$2.35M +$345K +4,434 +16%
RC
56
RBF Capital
California
$2.29M
PAM
57
Panagora Asset Management
Massachusetts
$2.24M -$253K -3,243 -10%
UBS AM
58
UBS AM
Illinois
$2.16M +$607K +7,798 +38%
DIA
59
Dana Investment Advisors
Wisconsin
$2.14M +$100K +1,286 +5%
AWM
60
Aries Wealth Management
Maine
$2.1M
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$2.04M +$41.6K +534 +2%
AIG
62
American International Group
New York
$1.91M +$255K +3,274 +15%
Citigroup
63
Citigroup
New York
$1.87M +$74.9K +961 +4%
TPSF
64
Texas Permanent School Fund
Texas
$1.77M -$1.87K -24 -0.1%
CS
65
Credit Suisse
Switzerland
$1.7M -$22.2K -285 -1%
PI
66
PineBridge Investments
New York
$1.58M +$1.11M +14,237 +217%
EM
67
Excalibur Management
Massachusetts
$1.5M
UBS Group
68
UBS Group
Switzerland
$1.31M +$792K +10,163 +143%
VOYA Investment Management
69
VOYA Investment Management
Georgia
$1.31M +$436K +5,592 +48%
Royal Bank of Canada
70
Royal Bank of Canada
Ontario, Canada
$1.26M +$953K +12,233 +285%
NERM
71
New England Research & Management
Illinois
$1.23M -$7.71K -99 -0.6%
IP
72
Isthmus Partners
Wisconsin
$1.2M +$1.22M +15,696 New
State of Tennessee, Department of Treasury
73
State of Tennessee, Department of Treasury
Tennessee
$1.19M +$349K +4,484 +40%
MIM
74
MetLife Investment Management
New Jersey
$1.18M +$264K +3,391 +28%
Commonwealth Equity Services
75
Commonwealth Equity Services
Massachusetts
$1.18M +$489K +6,272 +68%

INDB Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2019, worth a combined $2.06B — up 4.5% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new INDB positions and 20 closed out — a net gain of 21 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $38.2M sold.

  • 214 institutional investors held Independent Bank (INDB) as of Q2 2019, up from 196 in Q1 2019.
  • Funds reported $2.06B of Independent Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
  • 41 funds opened new Independent Bank positions in Q2 2019 and 20 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q2 2019 was T. Rowe Price Associates, an estimated $66M added.
  • The largest Independent Bank seller in Q2 2019 was Wasatch Advisors, an estimated $38.2M sold.

Based on aggregated 13F filings for Q2 2019.