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Independent Bank

133 hedge funds and large institutions have $765M invested in Independent Bank in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 50 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

26% more capital invested

Capital invested by funds: $609M → $765M (+$155M)

2% more funds holding

Funds holding: 131133 (+2)

16% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 50

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $21K

Holders
133
Holders Change
+2
Holders Change %
+1.53%
% of All Funds
3.55%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
12
Increased
42
Reduced
50
Closed
8
Calls
Puts
$21K
Net Calls
-$21K
Net Calls Change
+$8K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
76
Morgan Stanley
New York
$503K -$58.3K -1,474 -11%
TRSOTSOK
77
Teachers Retirement System of the State of Kentucky
Kentucky
$492K
LSERS
78
Louisiana State Employees Retirement System
Louisiana
$484K +$11.9K +300 +3%
FP
79
Foundry Partners
Minnesota
$482K -$938K -23,700 -68%
Public Employees Retirement Association of Colorado
80
Public Employees Retirement Association of Colorado
Colorado
$467K
Two Sigma Investments
81
Two Sigma Investments
New York
$442K -$335K -8,462 -45%
Citigroup
82
Citigroup
New York
$433K +$227K +5,729 +131%
T. Rowe Price Associates
83
T. Rowe Price Associates
Maryland
$430K
MC
84
Moors & Cabot
Massachusetts
$416K +$14K +355 +4%
CAM
85
Capstone Asset Management
Texas
$403K -$23.3K -590 -6%
CS
86
Credit Suisse
Switzerland
$381K -$122K -3,075 -26%
Thrivent Financial for Lutherans
87
Thrivent Financial for Lutherans
Minnesota
$375K +$3.96K +100 +1%
KBC Group
88
KBC Group
Belgium
$352K +$325K +8,215 New
UBS AM
89
UBS AM
Illinois
$313K +$43.5K +1,100 +18%
MAA
90
Managed Account Advisors
New Jersey
$292K +$13.3K +336 +5%
UBS Group
91
UBS Group
Switzerland
$286K +$265K +6,690 New
WCM
92
Wedge Capital Management
North Carolina
$278K -$15.8K -400 -6%
BFM
93
Boston Financial Management
Massachusetts
$274K
AG
94
Aperio Group
California
$271K +$15.3K +387 +7%
Jacobs Levy Equity Management
95
Jacobs Levy Equity Management
New Jersey
$266K -$533K -13,461 -68%
MERSOM
96
Municipal Employees' Retirement System of Michigan
Michigan
$263K
GIA
97
GHP Investment Advisors
Colorado
$262K +$277 +7 +0.1%
ProShare Advisors
98
ProShare Advisors
Maryland
$242K -$172K -4,354 -44%
SG Americas Securities
99
SG Americas Securities
New York
$239K +$221K +5,578 New
PI
100
PineBridge Investments
New York
$230K +$9.06K +229 +4%

INDB Hedge Fund Activity: Q4 2014 in Review

133 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2014, worth a combined $765M — up 26% from $609M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new INDB positions and 8 closed out — a net gain of 4 holders — while 42 added to existing stakes and 50 trimmed.

The largest buyer was Polaris Capital Management, opening a new position worth an estimated $11.9M. The largest seller was Brandywine Global Investment Management, cutting an estimated $3.18M.

  • 133 institutional investors held Independent Bank (INDB) as of Q4 2014, up from 131 in Q3 2014.
  • Funds reported $765M of Independent Bank stock for Q4 2014, up 26% quarter-over-quarter.
  • 12 funds opened new Independent Bank positions in Q4 2014 and 8 closed out, a net change of +4 holders.
  • The largest Independent Bank buyer in Q4 2014 was Polaris Capital Management, an estimated $11.9M added.
  • The largest Independent Bank seller in Q4 2014 was Brandywine Global Investment Management, an estimated $3.18M sold.

Based on aggregated 13F filings for Q4 2014.