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Independent Bank

307 hedge funds and large institutions have $2.83B invested in Independent Bank in 2025 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 143 increasing their positions, 68 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 68

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

61% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 28

16% more capital invested

Capital invested by funds: $2.44B → $2.83B (+$397M)

4% more funds holding

Funds holding: 294307 (+13)

8.93% less ownership

Funds ownership: 90.94%82.01% (-8.9%)

98% less call options, than puts

Call options by funds: $13K | Put options by funds: $774K

Holders
307
Holders Change
+13
Holders Change %
+4.42%
% of All Funds
4.03%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
45
Increased
143
Reduced
68
Closed
28
Calls
$13K
Puts
$774K
Net Calls
-$761K
Net Calls Change
-$100K
Name Holding Trade Value Shares
Change
Change in
Stake
CAG
51
Crestwood Advisors Group
Massachusetts
$6.71M +$46.1K +678 +0.7%
ProShare Advisors
52
ProShare Advisors
Maryland
$6.69M -$386K -5,672 -6%
CIBC World Market
53
CIBC World Market
Ontario, Canada
$6.51M +$6.39M +94,065 New
Commonwealth Equity Services
54
Commonwealth Equity Services
Massachusetts
$6.01M +$3.18M +46,796 +117%
California Public Employees Retirement System
55
California Public Employees Retirement System
California
$5.57M +$1,000K +14,709 +22%
FDCP
56
Foster Dykema Cabot & Partners
Massachusetts
$5.51M +$5.37M +79,002 New
MCM
57
Maltese Capital Management
New York
$5.29M +$782K +11,500 +18%
Qube Research & Technologies (QRT)
58
Qube Research & Technologies (QRT)
United Kingdom
$5.28M +$4.45M +65,417 +596%
AQR Capital Management
59
AQR Capital Management
Connecticut
$5.18M -$305K -4,483 -6%
Cerity Partners
60
Cerity Partners
New York
$5.1M -$10.5K -154 -0.2%
Barclays
61
Barclays
United Kingdom
$5.04M -$1.72M -25,300 -26%
SEI Investments
62
SEI Investments
Pennsylvania
$4.86M +$206K +3,036 +5%
DIA
63
Dean Investment Associates
Ohio
$4.58M +$649K +9,552 +17%
SCP
64
Siena Capital Partners
Illinois
$4.45M +$299K +4,400 +7%
Citigroup
65
Citigroup
New York
$4.29M -$1.52M -22,429 -27%
Rafferty Asset Management
66
Rafferty Asset Management
New York
$4.28M +$910K +13,385 +28%
Renaissance Technologies
67
Renaissance Technologies
New York
$4.18M -$6.21M -91,349 -60%
Jane Street
68
Jane Street
New York
$4.01M +$1.6M +23,468 +68%
State of Wisconsin Investment Board
69
State of Wisconsin Investment Board
Wisconsin
$3.83M +$35.3K +520 +0.9%
DCM
70
Dean Capital Management
Kansas
$3.78M +$613K +9,016 +20%
ZIM
71
Zacks Investment Management
Illinois
$3.68M +$3.61M +53,142 New
WIA
72
World Investment Advisors
California
$3.62M +$40.3K +593 +1%
HCM
73
Howland Capital Management
Massachusetts
$3.47M
Brown Advisory
74
Brown Advisory
Maryland
$3.39M -$272 -4 -0%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$3.25M +$522K +7,678 +20%

INDB Hedge Fund Activity: Q3 2025 in Review

307 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2025, worth a combined $2.83B — up 16% from $2.44B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new INDB positions and 28 closed out — a net gain of 17 holders — while 143 added to existing stakes and 68 trimmed.

The largest buyer was BlackRock, adding an estimated $58.4M. The largest seller was Boston Trust Walden, exiting entirely with an estimated $36.8M sold.

  • 307 institutional investors held Independent Bank (INDB) as of Q3 2025, up from 294 in Q2 2025.
  • Funds reported $2.83B of Independent Bank stock for Q3 2025, up 16% quarter-over-quarter.
  • 45 funds opened new Independent Bank positions in Q3 2025 and 28 closed out, a net change of +17 holders.
  • The largest Independent Bank buyer in Q3 2025 was BlackRock, an estimated $58.4M added.
  • The largest Independent Bank seller in Q3 2025 was Boston Trust Walden, an estimated $36.8M sold.

Based on aggregated 13F filings for Q3 2025.