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Independent Bank

113 hedge funds and large institutions have $556M invested in Independent Bank in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

172% more call options, than puts

Call options by funds: $193K | Put options by funds: $71K

18% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 33

10% more funds holding

Funds holding: 103113 (+10)

2% less capital invested

Capital invested by funds: $564M → $556M (-$8.52M)

Holders
113
Holders Change
+10
Holders Change %
+9.71%
% of All Funds
3.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
39
Reduced
33
Closed
3
Calls
$193K
Puts
$71K
Net Calls
+$122K
Net Calls Change
+$122K
Name Holding Trade Value Shares
Change
Change in
Stake
TRSOTSOK
76
Teachers Retirement System of the State of Kentucky
Kentucky
$411K -$58.3K -1,600 -12%
CAM
77
Capstone Asset Management
Texas
$405K +$8.74K +240 +2%
Public Employees Retirement Association of Colorado
78
Public Employees Retirement Association of Colorado
Colorado
$389K
Barclays
79
Barclays
United Kingdom
$382K -$174K -4,787 -31%
PA
80
Profund Advisors
Maryland
$369K +$377K +10,342 New
SCM
81
Stevens Capital Management
Pennsylvania
$367K +$374K +10,267 New
T. Rowe Price Associates
82
T. Rowe Price Associates
Maryland
$323K
PP
83
PDT Partners
New York
$312K +$318K +8,735 New
Thrivent Financial for Lutherans
84
Thrivent Financial for Lutherans
Minnesota
$296K
BFM
85
Boston Financial Management
Massachusetts
$271K
BNP Paribas Financial Markets
86
BNP Paribas Financial Markets
France
$225K -$54.4K -1,493 -19%
WTNA
87
Wilmington Trust National Association
Delaware
$218K
Commonwealth Equity Services
88
Commonwealth Equity Services
Massachusetts
$204K +$209K +5,726 New
U
89
UBS
Switzerland
$166K +$291 +8 +0.2%
Citigroup
90
Citigroup
New York
$161K -$284K -7,791 -63%
SG Americas Securities
91
SG Americas Securities
New York
$147K +$150K +4,104 New
MSA
92
Mason Street Advisors
Wisconsin
$119K +$5.46K +150 +5%
Teacher Retirement System of Texas
93
Teacher Retirement System of Texas
Texas
$105K +$50.6K +1,388 +90%
PI
94
PineBridge Investments
New York
$91K
OA
95
OFI Advisors
Pennsylvania
$87K +$3.61K +99 +4%
BG
96
Bollard Group
Massachusetts
$84K +$86K +2,360 New
ARMC
97
American Research & Management Company
Massachusetts
$78K
TRCT
98
Tower Research Capital (TRC)
New York
$76K +$58.3K +1,599 +308%
JFGIW
99
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$73K -$20.9K -575 -22%
FMT
100
First Mercantile Trust
Tennessee
$64K -$127K -3,480 -66%

INDB Hedge Fund Activity: Q3 2013 in Review

113 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2013, worth a combined $556M — down 1.5% from $564M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new INDB positions and 3 closed out — a net gain of 11 holders — while 39 added to existing stakes and 33 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $3.66M. The largest seller was KeyBank National Association, cutting an estimated $22.3M.

  • 113 institutional investors held Independent Bank (INDB) as of Q3 2013, up from 103 in Q2 2013.
  • Funds reported $556M of Independent Bank stock for Q3 2013, down 1.5% quarter-over-quarter.
  • 14 funds opened new Independent Bank positions in Q3 2013 and 3 closed out, a net change of +11 holders.
  • The largest Independent Bank buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $3.66M added.
  • The largest Independent Bank seller in Q3 2013 was KeyBank National Association, an estimated $22.3M sold.

Based on aggregated 13F filings for Q3 2013.