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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
SKK
101
Shepherd Kaplan Krochuk
Massachusetts
$688K +$703K +9,029 New
AQR Capital Management
102
AQR Capital Management
Connecticut
$658K -$170K -2,182 -20%
CRC
103
Curi RMB Capital
Illinois
$651K +$666K +8,549 New
BA
104
Boston Advisors
Massachusetts
$627K +$17.5K +225 +3%
Stifel Financial
105
Stifel Financial
Missouri
$619K +$335K +4,304 +114%
DCM
106
Driehaus Capital Management
Illinois
$607K +$621K +7,977 New
PCM
107
Polaris Capital Management
Massachusetts
$582K +$595K +7,639 New
GIA
108
GHP Investment Advisors
Colorado
$560K +$9.43K +121 +2%
GHCM
109
Glen Harbor Capital Management
California
$549K
BFM
110
Boston Financial Management
Massachusetts
$535K
Capital Fund Management (CFM)
111
Capital Fund Management (CFM)
France
$533K +$545K +7,000 New
ACA
112
Aptus Capital Advisors
Alabama
$530K +$85.1K +1,092 +19%
PC
113
Pecaut & Co
Iowa
$514K +$526K +6,747 New
Public Employees Retirement Association of Colorado
114
Public Employees Retirement Association of Colorado
Colorado
$495K
Carson Wealth (CWM LLC)
115
Carson Wealth (CWM LLC)
Nebraska
$461K
MCIM
116
Meadow Creek Investment Management
Georgia
$452K
Bank of Montreal
117
Bank of Montreal
Ontario, Canada
$445K +$237K +3,047 +109%
CSS
118
Cubist Systematic Strategies
Connecticut
$438K +$448K +5,754 New
CWM
119
Capital Wealth Management
Rhode Island
$435K +$444K +5,706 New
BC
120
Brinker Capital
Pennsylvania
$422K -$14.6K -188 -3%
TH
121
TCTC Holdings
Texas
$413K
KTA
122
Keeley-Teton Advisors
Illinois
$412K +$421K +5,409 New
Fifth Third Bancorp
123
Fifth Third Bancorp
Ohio
$409K +$8.18K +105 +2%
USAA
124
United Services Automobile Association
Texas
$409K +$80.6K +1,035 +24%
Squarepoint
125
Squarepoint
New York
$409K +$418K +5,366 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.