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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
MLICM
101
Metropolitan Life Insurance Company (MetLife)
New York
$828K -$80.7K -987 -9%
PIM
102
Penobscot Investment Management
Massachusetts
$827K -$8.17K -100 -1%
TD Asset Management
103
TD Asset Management
Ontario, Canada
$821K
FT
104
Fiduciary Trust
Massachusetts
$820K +$32.7K +400 +4%
GT
105
Glenmede Trust
Pennsylvania
$786K +$39K +477 +5%
PT
106
Plimoth Trust
Massachusetts
$770K -$16.3K -200 -2%
SKK
107
Shepherd Kaplan Krochuk
Massachusetts
$752K
Royal Bank of Canada
108
Royal Bank of Canada
Ontario, Canada
$748K +$157K +1,924 +27%
CRC
109
Curi RMB Capital
Illinois
$712K
BNP Paribas Financial Markets
110
BNP Paribas Financial Markets
France
$696K +$155K +1,900 +29%
SW
111
SteelPeak Wealth
California
$689K +$677K +8,278 New
ARTA
112
A.R.T. Advisors
New York
$672K +$659K +8,068 New
Stifel Financial
113
Stifel Financial
Missouri
$652K -$4.58K -56 -0.7%
GIA
114
GHP Investment Advisors
Colorado
$647K +$26.1K +319 +4%
PCM
115
Polaris Capital Management
Massachusetts
$636K
Susquehanna International Group
116
Susquehanna International Group
Pennsylvania
$621K -$777K -9,506 -56%
BFM
117
Boston Financial Management
Massachusetts
$585K
BC
118
Brinker Capital
Pennsylvania
$561K +$11.1K +136 +2%
ACA
119
Aptus Capital Advisors
Alabama
$552K +$89.3K +1,092 +20%
Public Employees Retirement Association of Colorado
120
Public Employees Retirement Association of Colorado
Colorado
$541K
Bank of Montreal
121
Bank of Montreal
Ontario, Canada
$528K +$27.5K +336 +6%
Qube Research & Technologies (QRT)
122
Qube Research & Technologies (QRT)
United Kingdom
$526K +$517K +6,321 New
RMC
123
Resources Management Corp
Connecticut
$520K
AQR Capital Management
124
AQR Capital Management
Connecticut
$490K -$162K -1,977 -25%
DCM
125
Driehaus Capital Management
Illinois
$473K -$355K -4,344 -43%

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.