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Independent Bank

190 hedge funds and large institutions have $1.84B invested in Independent Bank in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 8

11% more funds holding

Funds holding: 171190 (+19)

4% more capital invested

Capital invested by funds: $1.76B → $1.84B (+$78.8M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.67% less ownership

Funds ownership: 82.02%81.35% (-0.67%)

5% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 62

Holders
190
Holders Change
+19
Holders Change %
+11.11%
% of All Funds
4.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
28
Increased
59
Reduced
62
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GCP
76
GSA Capital Partners
United Kingdom
$1.4M +$1.47M +16,905 New
Ohio Public Employees Retirement System (OPERS)
77
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.33M -$232K -2,656 -14%
CS
78
Credit Suisse
Switzerland
$1.22M -$290K -3,326 -18%
KeyBank National Association
79
KeyBank National Association
Ohio
$1.15M -$410K -4,700 -25%
IP
80
Isthmus Partners
Wisconsin
$1.14M -$523 -6 -0%
Citigroup
81
Citigroup
New York
$1.13M +$714K +8,185 +148%
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$1.12M
FT
83
Fiduciary Trust
Massachusetts
$1.05M
PT
84
Plimoth Trust
Massachusetts
$1.04M
LSERS
85
Louisiana State Employees Retirement System
Louisiana
$999K -$26.2K -300 -2%
VOYA Investment Management
86
VOYA Investment Management
Georgia
$968K
MIM
87
MetLife Investment Management
New Jersey
$952K -$108K -1,237 -10%
RMC
88
Resources Management Corp
Connecticut
$949K +$1M +11,500 New
AG
89
Aperio Group
California
$935K +$46K +527 +5%
DTL
90
Dynamic Technology Lab
Singapore
$918K +$970K +11,115 New
Nisa Investment Advisors
91
Nisa Investment Advisors
Missouri
$843K +$4.36K +50 +0.5%
T. Rowe Price Associates
92
T. Rowe Price Associates
Maryland
$841K -$2.44K -28 -0.3%
D.E. Shaw & Co
93
D.E. Shaw & Co
New York
$831K +$608K +6,971 +226%
Commonwealth Equity Services
94
Commonwealth Equity Services
Massachusetts
$752K -$49.9K -572 -6%
SOADOR
95
State of Alaska Department of Revenue
Alaska
$750K +$6.11K +70 +0.8%
UBS Group
96
UBS Group
Switzerland
$740K -$338K -3,872 -30%
Two Sigma Advisers
97
Two Sigma Advisers
New York
$733K +$279K +3,200 +56%
MLICM
98
Metropolitan Life Insurance Company (MetLife)
New York
$723K
BA
99
Boston Advisors
Massachusetts
$705K -$10.5K -120 -1%
PIM
100
Penobscot Investment Management
Massachusetts
$685K +$242K +2,770 +50%

INDB Hedge Fund Activity: Q3 2018 in Review

190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2018, worth a combined $1.84B — up 4.5% from $1.76B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INDB positions and 8 closed out — a net gain of 20 holders — while 59 added to existing stakes and 62 trimmed.

The largest buyer was BlackRock, adding an estimated $12M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $26.4M.

  • 190 institutional investors held Independent Bank (INDB) as of Q3 2018, up from 171 in Q2 2018.
  • Funds reported $1.84B of Independent Bank stock for Q3 2018, up 4.5% quarter-over-quarter.
  • 28 funds opened new Independent Bank positions in Q3 2018 and 8 closed out, a net change of +20 holders.
  • The largest Independent Bank buyer in Q3 2018 was BlackRock, an estimated $12M added.
  • The largest Independent Bank seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $26.4M sold.

Based on aggregated 13F filings for Q3 2018.