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Independent Bank

146 hedge funds and large institutions have $904M invested in Independent Bank in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 42 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 42

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

1% more funds holding

Funds holding: 144146 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $910M → $904M (-$5.57M)

Holders
146
Holders Change
+2
Holders Change %
+1.39%
% of All Funds
3.83%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
62
Reduced
42
Closed
10
Calls
$2K
Puts
Net Calls
+$2K
Net Calls Change
+$2K
Name Holding Trade Value Shares
Change
Change in
Stake
BFM
101
Boston Financial Management
Massachusetts
$288K -$9.62K -200 -3%
TH
102
TCTC Holdings
Texas
$252K +$261K +5,425 New
GCP
103
GSA Capital Partners
United Kingdom
$251K +$260K +5,400 New
MERSOM
104
Municipal Employees' Retirement System of Michigan
Michigan
$249K +$6.73K +140 +3%
Legal & General Group
105
Legal & General Group
United Kingdom
$239K
BNP Paribas Financial Markets
106
BNP Paribas Financial Markets
France
$233K -$28K -582 -10%
JG
107
Jefferies Group
New York
$232K +$240K +4,990 New
Nisa Investment Advisors
108
Nisa Investment Advisors
Missouri
$228K
Two Sigma Advisers
109
Two Sigma Advisers
New York
$227K -$668K -13,900 -74%
ProShare Advisors
110
ProShare Advisors
Maryland
$227K +$14.3K +298 +7%
Allianz Asset Management
111
Allianz Asset Management
Germany
$225K
VKH
112
Virtu KCG Holdings
New York
$220K -$141K -2,936 -38%
PA
113
Profund Advisors
Maryland
$210K +$217K +4,516 New
MSA
114
Mason Street Advisors
Wisconsin
$197K +$17.7K +368 +10%
PAM
115
Panagora Asset Management
Massachusetts
$176K +$182K +3,781 New
PI
116
PineBridge Investments
New York
$164K +$8.75K +182 +5%
Canada Life
117
Canada Life
Manitoba, Canada
$129K +$70.1K +1,457 +111%
Bank of Montreal
118
Bank of Montreal
Ontario, Canada
$115K +$23.8K +495 +25%
ARMC
119
American Research & Management Company
Massachusetts
$111K
BG
120
Bollard Group
Massachusetts
$110K
Teacher Retirement System of Texas
121
Teacher Retirement System of Texas
Texas
$107K -$36.6K -761 -25%
FMT
122
First Mercantile Trust
Tennessee
$103K -$962 -20 -0.9%
LTFS
123
Ladenburg Thalmann Financial Services
Florida
$82K +$433 +9 +0.5%
3C
124
361 Capital
Colorado
$78K +$80.7K +1,678 New
US Bancorp
125
US Bancorp
Minnesota
$75K +$22.1K +460 +40%

INDB Hedge Fund Activity: Q4 2015 in Review

146 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2015, worth a combined $904M — down 0.61% from $910M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new INDB positions and 10 closed out — a net gain of 3 holders — while 62 added to existing stakes and 42 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $5.1M. The largest seller was Macquarie Group, cutting an estimated $23M.

  • 146 institutional investors held Independent Bank (INDB) as of Q4 2015, up from 144 in Q3 2015.
  • Funds reported $904M of Independent Bank stock for Q4 2015, down 0.61% quarter-over-quarter.
  • 13 funds opened new Independent Bank positions in Q4 2015 and 10 closed out, a net change of +3 holders.
  • The largest Independent Bank buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $5.1M added.
  • The largest Independent Bank seller in Q4 2015 was Macquarie Group, an estimated $23M sold.

Based on aggregated 13F filings for Q4 2015.