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Independent Bank

206 hedge funds and large institutions have $2.29B invested in Independent Bank in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

471% more call options, than puts

Call options by funds: $434K | Put options by funds: $76K

6% more capital invested

Capital invested by funds: $2.16B → $2.29B (+$132M)

4.45% more ownership

Funds ownership: 86.45%90.9% (+4.4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 68

1% less funds holding

Funds holding: 209206 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
206
Holders Change
-3
Holders Change %
-1.44%
% of All Funds
3.61%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
16
Increased
68
Reduced
68
Closed
18
Calls
$434K
Puts
$76K
Net Calls
+$358K
Net Calls Change
+$358K
Name Holding Trade Value Shares
Change
Change in
Stake
MSRPS
101
Maryland State Retirement & Pension System
Maryland
$1.01M +$953K +13,002 New
VOYA Investment Management
102
VOYA Investment Management
Georgia
$980K -$24.4K -333 -3%
State Board of Administration of Florida Retirement System
103
State Board of Administration of Florida Retirement System
Florida
$962K +$14.7K +200 +2%
Bank of Montreal
104
Bank of Montreal
Ontario, Canada
$916K -$12.6K -172 -1%
CAPTRUST Financial Advisors
105
CAPTRUST Financial Advisors
North Carolina
$897K +$356K +4,861 +70%
CSS
106
Cubist Systematic Strategies
Connecticut
$868K -$1.71M -23,329 -67%
MIM
107
MetLife Investment Management
New Jersey
$861K
D.E. Shaw & Co
108
D.E. Shaw & Co
New York
$839K -$1.95M -26,632 -71%
TRSOTSOK
109
Teachers Retirement System of the State of Kentucky
Kentucky
$731K
SFI
110
Susquehanna Fundamental Investments
Pennsylvania
$708K -$951K -12,979 -58%
BCI
111
Brinker Capital Investments
Pennsylvania
$706K
PT
112
Plimoth Trust
Massachusetts
$687K
ASRS
113
Arizona State Retirement System
Arizona
$685K +$2.64K +36 +0.4%
JMPWA
114
JP Morgan Private Wealth Advisors
California
$662K +$74.4K +1,016 +13%
Los Angeles Capital Management
115
Los Angeles Capital Management
California
$660K
MLICM
116
Metropolitan Life Insurance Company (MetLife)
New York
$657K -$48.8K -666 -7%
CRC
117
Curi RMB Capital
Illinois
$651K
Envestnet Asset Management
118
Envestnet Asset Management
Illinois
$651K +$35.5K +485 +6%
CPSC
119
Carl P. Sherr & Co
Massachusetts
$634K +$54.9K +750 +10%
BFM
120
Boston Financial Management
Massachusetts
$611K
DT
121
Diversified Trust
Tennessee
$602K +$65.9K +900 +13%
PCM
122
Polaris Capital Management
Massachusetts
$582K
Stifel Financial
123
Stifel Financial
Missouri
$577K -$2.71K -37 -0.5%
FT
124
Fiduciary Trust
Massachusetts
$556K +$5.5K +75 +1%
Handelsbanken Fonder
125
Handelsbanken Fonder
Sweden
$552K

INDB Hedge Fund Activity: Q3 2021 in Review

206 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2021, worth a combined $2.29B — up 6.1% from $2.16B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of INDB and 16 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 68 added.

The largest buyer was Channing Capital Management, opening a new position worth an estimated $46.5M. The largest seller was ClariVest Asset Management, exiting entirely with an estimated $5.45M sold.

  • 206 institutional investors held Independent Bank (INDB) as of Q3 2021, down from 209 in Q2 2021.
  • Funds reported $2.29B of Independent Bank stock for Q3 2021, up 6.1% quarter-over-quarter.
  • 16 funds opened new Independent Bank positions in Q3 2021 and 18 closed out, a net change of -2 holders.
  • The largest Independent Bank buyer in Q3 2021 was Channing Capital Management, an estimated $46.5M added.
  • The largest Independent Bank seller in Q3 2021 was ClariVest Asset Management, an estimated $5.45M sold.

Based on aggregated 13F filings for Q3 2021.