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Independent Bank

209 hedge funds and large institutions have $2.16B invested in Independent Bank in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 57 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

30% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 57

4.98% more ownership

Funds ownership: 81.47%86.45% (+5%)

4% more funds holding

Funds holding: 201209 (+8)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less capital invested

Capital invested by funds: $2.26B → $2.16B (-$107M)

Holders
209
Holders Change
+8
Holders Change %
+3.98%
% of All Funds
3.64%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
27
Increased
74
Reduced
57
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
51
AllianceBernstein
Tennessee
$3.96M +$227K +2,821 +6%
UBS Group
52
UBS Group
Switzerland
$3.69M +$1.07M +13,282 +37%
MC
53
Moors & Cabot
Massachusetts
$3.63M +$150K +1,869 +4%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$3.43M -$333K -4,147 -8%
UBS AM
55
UBS AM
Illinois
$3.34M +$454K +5,643 +15%
CS
56
Credit Suisse
Switzerland
$3.21M -$53K -659 -2%
WC
57
Walthausen & Co
New York
$2.97M +$159K +1,980 +5%
Citigroup
58
Citigroup
New York
$2.96M +$1.67M +20,816 +113%
D.E. Shaw & Co
59
D.E. Shaw & Co
New York
$2.84M +$2.83M +35,151 +1,410%
SEI Investments
60
SEI Investments
Pennsylvania
$2.84M +$2.1M +26,114 +227%
Two Sigma Investments
61
Two Sigma Investments
New York
$2.83M +$3.01M +37,495 New
Holocene Advisors
62
Holocene Advisors
New York
$2.83M +$1.04M +12,965 +53%
First Trust Advisors
63
First Trust Advisors
Illinois
$2.79M -$3.06M -38,068 -51%
Prudential Financial
64
Prudential Financial
New Jersey
$2.76M -$158K -1,964 -5%
US Bancorp
65
US Bancorp
Minnesota
$2.65M +$192K +2,394 +7%
CSS
66
Cubist Systematic Strategies
Connecticut
$2.62M +$202K +2,512 +8%
New York State Teachers Retirement System (NYSTRS)
67
New York State Teachers Retirement System (NYSTRS)
New York
$2.59M -$8.04K -100 -0.3%
RBA
68
Richard Bernstein Advisors
New York
$2.41M
Comerica Bank
69
Comerica Bank
Texas
$2.34M -$192K -2,393 -7%
RC
70
RBF Capital
California
$2.27M
Rafferty Asset Management
71
Rafferty Asset Management
New York
$2.26M +$991K +12,323 +70%
Wells Fargo
72
Wells Fargo
California
$2.17M -$986K -12,268 -30%
EM
73
Excalibur Management
Massachusetts
$2.15M
Canada Life
74
Canada Life
Manitoba, Canada
$2.13M
Natixis Advisors
75
Natixis Advisors
Massachusetts
$2.06M +$69.9K +869 +3%

INDB Hedge Fund Activity: Q2 2021 in Review

209 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2021, worth a combined $2.16B — down 4.7% from $2.26B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new INDB positions and 19 closed out — a net gain of 8 holders — while 74 added to existing stakes and 57 trimmed.

The largest buyer was American Century Companies, opening a new position worth an estimated $34M. The largest seller was Channing Capital Management, exiting entirely with an estimated $23.2M sold.

  • 209 institutional investors held Independent Bank (INDB) as of Q2 2021, up from 201 in Q1 2021.
  • Funds reported $2.16B of Independent Bank stock for Q2 2021, down 4.7% quarter-over-quarter.
  • 27 funds opened new Independent Bank positions in Q2 2021 and 19 closed out, a net change of +8 holders.
  • The largest Independent Bank buyer in Q2 2021 was American Century Companies, an estimated $34M added.
  • The largest Independent Bank seller in Q2 2021 was Channing Capital Management, an estimated $23.2M sold.

Based on aggregated 13F filings for Q2 2021.