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Independent Bank

214 hedge funds and large institutions have $2.06B invested in Independent Bank in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

105% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 20

9% more funds holding

Funds holding: 196214 (+18)

5% more capital invested

Capital invested by funds: $1.97B → $2.06B (+$89.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.78% less ownership

Funds ownership: 87.07%79.3% (-7.8%)

Holders
214
Holders Change
+18
Holders Change %
+9.18%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
41
Increased
94
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CT
76
Cambridge Trust
Massachusetts
$1.16M
ERSOT
77
Employees Retirement System of Texas
Texas
$1.14M +$1.17M +15,000 New
Susquehanna International Group
78
Susquehanna International Group
Pennsylvania
$1.1M +$1.13M +14,482 New
OPERF
79
Oregon Public Employees Retirement Fund
Oregon
$1.04M +$218K +2,800 +26%
Deutsche Bank
80
Deutsche Bank
Germany
$1.02M -$525K -6,744 -33%
PIM
81
Penobscot Investment Management
Massachusetts
$996K +$98.2K +1,260 +11%
KeyBank National Association
82
KeyBank National Association
Ohio
$974K -$27.3K -350 -3%
State Board of Administration of Florida Retirement System
83
State Board of Administration of Florida Retirement System
Florida
$966K -$70.7K -908 -7%
LSERS
84
Louisiana State Employees Retirement System
Louisiana
$939K -$7.79K -100 -0.8%
COPPSERS
85
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$895K +$75.3K +967 +9%
AG
86
Aperio Group
California
$892K +$50.6K +650 +6%
SOADOR
87
State of Alaska Department of Revenue
Alaska
$889K +$8.34K +107 +0.9%
MSA
88
Mason Street Advisors
Wisconsin
$872K +$32.3K +415 +4%
APG Asset Management
89
APG Asset Management
Netherlands
$843K +$982K +12,600 New
Envestnet Asset Management
90
Envestnet Asset Management
Illinois
$836K +$45.7K +587 +6%
MLICM
91
Metropolitan Life Insurance Company (MetLife)
New York
$817K +$153K +1,970 +22%
MERSOM
92
Municipal Employees' Retirement System of Michigan
Michigan
$782K +$72.4K +930 +10%
Nisa Investment Advisors
93
Nisa Investment Advisors
Missouri
$777K -$779 -10 -0.1%
TRSOTSOK
94
Teachers Retirement System of the State of Kentucky
Kentucky
$769K +$148K +1,900 +23%
PT
95
Plimoth Trust
Massachusetts
$750K -$118K -1,520 -13%
SG Americas Securities
96
SG Americas Securities
New York
$747K +$646K +8,292 +547%
FT
97
Fiduciary Trust
Massachusetts
$720K +$54.5K +700 +8%
Jennison Associates
98
Jennison Associates
New York
$719K +$15K +192 +2%
Millennium Management
99
Millennium Management
New York
$690K +$706K +9,061 New
TD Asset Management
100
TD Asset Management
Ontario, Canada
$690K +$706K +9,062 New

INDB Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2019, worth a combined $2.06B — up 4.5% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new INDB positions and 20 closed out — a net gain of 21 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $38.2M sold.

  • 214 institutional investors held Independent Bank (INDB) as of Q2 2019, up from 196 in Q1 2019.
  • Funds reported $2.06B of Independent Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
  • 41 funds opened new Independent Bank positions in Q2 2019 and 20 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q2 2019 was T. Rowe Price Associates, an estimated $66M added.
  • The largest Independent Bank seller in Q2 2019 was Wasatch Advisors, an estimated $38.2M sold.

Based on aggregated 13F filings for Q2 2019.