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Independent Bank

219 hedge funds and large institutions have $2.3B invested in Independent Bank in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

386% more call options, than puts

Call options by funds: $525K | Put options by funds: $108K

140% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 15

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

13% more capital invested

Capital invested by funds: $2.04B → $2.3B (+$266M)

7% more funds holding

Funds holding: 205219 (+14)

1.02% more ownership

Funds ownership: 79.46%80.48% (+1%)

6% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 66

Holders
219
Holders Change
+14
Holders Change %
+6.83%
% of All Funds
4.32%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.08%
New
36
Increased
70
Reduced
66
Closed
15
Calls
$525K
Puts
$108K
Net Calls
+$417K
Net Calls Change
+$531K
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
76
Balyasny Asset Management
Illinois
$1.46M +$1.43M +17,539 New
IP
77
Isthmus Partners
Wisconsin
$1.37M +$4.41K +54 +0.3%
Citigroup
78
Citigroup
New York
$1.36M -$767K -9,389 -36%
NERM
79
New England Research & Management
Illinois
$1.33M
Deutsche Bank
80
Deutsche Bank
Germany
$1.31M -$39K -477 -3%
CT
81
Cambridge Trust
Massachusetts
$1.27M
MIM
82
MetLife Investment Management
New Jersey
$1.19M
OPERF
83
Oregon Public Employees Retirement Fund
Oregon
$1.16M
KeyBank National Association
84
KeyBank National Association
Ohio
$1.15M +$151K +1,844 +15%
ACM
85
AlphaCrest Capital Management
New York
$1.05M +$548K +6,700 +114%
CSS
86
Cubist Systematic Strategies
Connecticut
$1.04M +$762K +9,322 +292%
State Board of Administration of Florida Retirement System
87
State Board of Administration of Florida Retirement System
Florida
$1.03M -$21.3K -260 -2%
DTL
88
Dynamic Technology Lab
Singapore
$1.02M +$1.01M +12,316 New
MSA
89
Mason Street Advisors
Wisconsin
$997K +$24.8K +304 +3%
LSERS
90
Louisiana State Employees Retirement System
Louisiana
$981K -$75.2K -920 -7%
CPSC
91
Carl P. Sherr & Co
Massachusetts
$979K +$961K +11,759 New
Holocene Advisors
92
Holocene Advisors
New York
$973K -$286K -3,500 -23%
COPPSERS
93
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$970K -$327 -4 -0%
MFS
94
McNamara Financial Services
Massachusetts
$954K
Envestnet Asset Management
95
Envestnet Asset Management
Illinois
$907K -$61K -746 -6%
AG
96
Aperio Group
California
$903K +$8.5K +104 +1%
MERSOM
97
Municipal Employees' Retirement System of Michigan
Michigan
$876K +$14.7K +180 +2%
Nisa Investment Advisors
98
Nisa Investment Advisors
Missouri
$857K
TRSOTSOK
99
Teachers Retirement System of the State of Kentucky
Kentucky
$841K
SG Americas Securities
100
SG Americas Securities
New York
$831K +$437K +5,347 +115%

INDB Hedge Fund Activity: Q4 2019 in Review

219 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2019, worth a combined $2.3B — up 13% from $2.04B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new INDB positions and 15 closed out — a net gain of 21 holders — while 70 added to existing stakes and 66 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $13.9M. The largest seller was BlackRock, cutting an estimated $12.7M.

  • 219 institutional investors held Independent Bank (INDB) as of Q4 2019, up from 205 in Q3 2019.
  • Funds reported $2.3B of Independent Bank stock for Q4 2019, up 13% quarter-over-quarter.
  • 36 funds opened new Independent Bank positions in Q4 2019 and 15 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q4 2019 was JP Morgan Chase, an estimated $13.9M added.
  • The largest Independent Bank seller in Q4 2019 was BlackRock, an estimated $12.7M sold.

Based on aggregated 13F filings for Q4 2019.