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Independent Bank

199 hedge funds and large institutions have $1.84B invested in Independent Bank in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 76 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

5% more funds holding

Funds holding: 190199 (+9)

0.7% less ownership

Funds ownership: 84.04%83.33% (-0.7%)

1% less capital invested

Capital invested by funds: $1.86B → $1.84B (-$16.3M)

28% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 76

45% less call options, than puts

Call options by funds: $268K | Put options by funds: $483K

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
199
Holders Change
+9
Holders Change %
+4.74%
% of All Funds
4.08%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
23
Increased
55
Reduced
76
Closed
13
Calls
$268K
Puts
$483K
Net Calls
-$215K
Net Calls Change
-$441K
Name Holding Trade Value Shares
Change
Change in
Stake
CS
51
Credit Suisse
Switzerland
$2.73M +$1.21M +18,011 +79%
Canada Life
52
Canada Life
Manitoba, Canada
$2.73M -$325K -4,836 -11%
UBS AM
53
UBS AM
Illinois
$2.7M -$39.3K -584 -1%
HAI
54
Hennessy Advisors Inc
California
$2.68M +$672K +10,000 +33%
Prudential Financial
55
Prudential Financial
New Jersey
$2.64M -$969K -14,410 -27%
New York State Teachers Retirement System (NYSTRS)
56
New York State Teachers Retirement System (NYSTRS)
New York
$2.64M +$88.4K +1,315 +3%
Comerica Bank
57
Comerica Bank
Texas
$2.31M +$95.1K +1,415 +4%
UBS Group
58
UBS Group
Switzerland
$2.18M +$548K +8,150 +33%
SOADOR
59
State of Alaska Department of Revenue
Alaska
$2.08M -$54.5K -810 -3%
EM
60
Excalibur Management
Massachusetts
$2.08M
Barclays
61
Barclays
United Kingdom
$2.06M +$208K +3,092 +11%
RC
62
RBF Capital
California
$2.01M
Deutsche Bank
63
Deutsche Bank
Germany
$1.99M +$239K +3,552 +14%
Thrivent Financial for Lutherans
64
Thrivent Financial for Lutherans
Minnesota
$1.85M -$83.4K -1,241 -4%
AWM
65
Aries Wealth Management
Maine
$1.76M -$87.4K -1,300 -5%
Ensign Peak Advisors
66
Ensign Peak Advisors
Utah
$1.75M
TPSF
67
Texas Permanent School Fund
Texas
$1.75M -$215K -3,192 -11%
AIG
68
American International Group
New York
$1.56M +$20.6K +306 +1%
SEI Investments
69
SEI Investments
Pennsylvania
$1.53M +$292K +4,337 +24%
Balyasny Asset Management
70
Balyasny Asset Management
Illinois
$1.49M +$1.49M +22,206 New
Commonwealth Equity Services
71
Commonwealth Equity Services
Massachusetts
$1.46M -$9.08K -135 -0.6%
HF
72
HRT Financial
New York
$1.36M +$1.36M +20,287 New
Millennium Management
73
Millennium Management
New York
$1.29M +$1.3M +19,263 New
State of Tennessee, Department of Treasury
74
State of Tennessee, Department of Treasury
Tennessee
$1.27M -$404K -6,016 -24%
SG Americas Securities
75
SG Americas Securities
New York
$1.26M +$284K +4,231 +29%

INDB Hedge Fund Activity: Q2 2020 in Review

199 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2020, worth a combined $1.84B — down 0.88% from $1.86B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new INDB positions and 13 closed out — a net gain of 10 holders — while 55 added to existing stakes and 76 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $28.6M. The largest seller was Victory Capital Management, cutting an estimated $89.7M.

  • 199 institutional investors held Independent Bank (INDB) as of Q2 2020, up from 190 in Q1 2020.
  • Funds reported $1.84B of Independent Bank stock for Q2 2020, down 0.88% quarter-over-quarter.
  • 23 funds opened new Independent Bank positions in Q2 2020 and 13 closed out, a net change of +10 holders.
  • The largest Independent Bank buyer in Q2 2020 was Fidelity Investments, an estimated $28.6M added.
  • The largest Independent Bank seller in Q2 2020 was Victory Capital Management, an estimated $89.7M sold.

Based on aggregated 13F filings for Q2 2020.