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Independent Bank

201 hedge funds and large institutions have $2.26B invested in Independent Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

13% more capital invested

Capital invested by funds: $1.99B → $2.26B (+$269M)

4% more funds holding

Funds holding: 194201 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more call options, than puts

Call options by funds: $421K | Put options by funds: $421K

1.35% less ownership

Funds ownership: 82.82%81.47% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 71

Holders
201
Holders Change
+7
Holders Change %
+3.61%
% of All Funds
3.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
24
Increased
58
Reduced
71
Closed
15
Calls
$421K
Puts
$421K
Net Calls
Net Calls Change
+$1.02M
Name Holding Trade Value Shares
Change
Change in
Stake
MC
51
Moors & Cabot
Massachusetts
$3.89M -$112K -1,341 -3%
CS
52
Credit Suisse
Switzerland
$3.64M -$764K -9,149 -17%
Wells Fargo
53
Wells Fargo
California
$3.45M -$5.03M -60,152 -59%
UBS AM
54
UBS AM
Illinois
$3.25M -$215K -2,577 -6%
Prudential Financial
55
Prudential Financial
New Jersey
$3.24M +$46.5K +557 +1%
WC
56
Walthausen & Co
New York
$3.14M +$429K +5,130 +16%
UBS Group
57
UBS Group
Switzerland
$2.99M -$434K -5,199 -13%
New York State Teachers Retirement System (NYSTRS)
58
New York State Teachers Retirement System (NYSTRS)
New York
$2.9M -$318K -3,800 -10%
US Bancorp
59
US Bancorp
Minnesota
$2.75M +$281K +3,364 +11%
Comerica Bank
60
Comerica Bank
Texas
$2.71M -$110K -1,311 -4%
CSS
61
Cubist Systematic Strategies
Connecticut
$2.71M +$2.69M +32,222 New
RBA
62
Richard Bernstein Advisors
New York
$2.69M +$2.67M +31,900 New
RC
63
RBF Capital
California
$2.53M
EM
64
Excalibur Management
Massachusetts
$2.4M
Canada Life
65
Canada Life
Manitoba, Canada
$2.38M -$351K -4,196 -13%
Thrivent Financial for Lutherans
66
Thrivent Financial for Lutherans
Minnesota
$2.28M -$13.6K -163 -0.6%
Natixis Advisors
67
Natixis Advisors
Massachusetts
$2.23M -$83.1K -995 -4%
Ensign Peak Advisors
68
Ensign Peak Advisors
Utah
$2.2M
COPPSERS
69
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.14M -$6.1K -73 -0.3%
Deutsche Bank
70
Deutsche Bank
Germany
$2.12M -$1.01M -12,065 -32%
SFP
71
Shepherd Financial Partners
Massachusetts
$2.1M -$699K -8,368 -25%
TPSF
72
Texas Permanent School Fund
Texas
$2.08M -$150K -1,801 -7%
NIG
73
NFJ Investment Group
Texas
$2.07M +$2.06M +24,615 New
Holocene Advisors
74
Holocene Advisors
New York
$2.06M +$853K +10,209 +71%
SFI
75
Susquehanna Fundamental Investments
Pennsylvania
$2.02M +$15.5K +185 +0.8%

INDB Hedge Fund Activity: Q1 2021 in Review

201 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2021, worth a combined $2.26B — up 13% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new INDB positions and 15 closed out — a net gain of 9 holders — while 58 added to existing stakes and 71 trimmed.

The largest buyer was Vanguard Group, adding an estimated $26.2M. The largest seller was Channing Capital Management, cutting an estimated $25.3M.

  • 201 institutional investors held Independent Bank (INDB) as of Q1 2021, up from 194 in Q4 2020.
  • Funds reported $2.26B of Independent Bank stock for Q1 2021, up 13% quarter-over-quarter.
  • 24 funds opened new Independent Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
  • The largest Independent Bank buyer in Q1 2021 was Vanguard Group, an estimated $26.2M added.
  • The largest Independent Bank seller in Q1 2021 was Channing Capital Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2021.