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Independent Bank

273 hedge funds and large institutions have $3.05B invested in Independent Bank in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 79 increasing their positions, 87 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

612% more call options, than puts

Call options by funds: $363K | Put options by funds: $51K

131% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 16

9% more capital invested

Capital invested by funds: $2.8B → $3.05B (+$243M)

6% more funds holding

Funds holding: 258273 (+15)

0.44% more ownership

Funds ownership: 82.05%82.49% (+0.44%)

9% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 87

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
273
Holders Change
+15
Holders Change %
+5.81%
% of All Funds
4.39%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
37
Increased
79
Reduced
87
Closed
16
Calls
$363K
Puts
$51K
Net Calls
+$312K
Net Calls Change
+$752K
Name Holding Trade Value Shares
Change
Change in
Stake
KFS
101
Kelly Financial Services
Massachusetts
$1.51M
Wells Fargo
102
Wells Fargo
California
$1.45M -$350K -4,123 -19%
Teacher Retirement System of Texas
103
Teacher Retirement System of Texas
Texas
$1.45M +$627K +7,392 +75%
Los Angeles Capital Management
104
Los Angeles Capital Management
California
$1.3M +$329K +3,881 +34%
OPERF
105
Oregon Public Employees Retirement Fund
Oregon
$1.28M -$5.17K -61 -0.4%
GT
106
Glenmede Trust
Pennsylvania
$1.27M -$655K -7,722 -34%
CT
107
Cambridge Trust
Massachusetts
$1.27M
NERM
108
New England Research & Management
Illinois
$1.25M -$14.8K -175 -1%
TRSOTSOK
109
Teachers Retirement System of the State of Kentucky
Kentucky
$1.19M -$43K -507 -3%
DT
110
Diversified Trust
Tennessee
$1.17M +$539K +6,352 +85%
PFO
111
Pathstone Family Office
New Jersey
$1.1M +$42.5K +501 +4%
ASRS
112
Arizona State Retirement System
Arizona
$1.09M +$20.3K +239 +2%
Susquehanna International Group
113
Susquehanna International Group
Pennsylvania
$1.04M -$1.41M -16,627 -57%
JMPWA
114
JP Morgan Private Wealth Advisors
California
$980K +$2.8K +33 +0.3%
Ensign Peak Advisors
115
Ensign Peak Advisors
Utah
$971K +$80.5K +950 +9%
CAPTRUST Financial Advisors
116
CAPTRUST Financial Advisors
North Carolina
$933K -$306K -3,604 -25%
SSA
117
Schonfeld Strategic Advisors
New York
$914K -$729K -8,602 -44%
Royal Bank of Canada
118
Royal Bank of Canada
Ontario, Canada
$898K +$621K +7,319 +221%
Nisa Investment Advisors
119
Nisa Investment Advisors
Missouri
$897K +$4.24K +50 +0.5%
SEI Investments
120
SEI Investments
Pennsylvania
$879K -$2.07M -24,356 -70%
American Century Companies
121
American Century Companies
Missouri
$879K -$13.1M -155,083 -94%
KeyBank National Association
122
KeyBank National Association
Ohio
$869K -$2.97K -35 -0.3%
Stifel Financial
123
Stifel Financial
Missouri
$865K -$114K -1,342 -12%
SFI
124
Susquehanna Fundamental Investments
Pennsylvania
$822K +$826K +9,738 New
ACM
125
Acrisure Capital Management
Texas
$810K +$813K +9,594 New

INDB Hedge Fund Activity: Q4 2022 in Review

273 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2022, worth a combined $3.05B — up 8.7% from $2.8B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new INDB positions and 16 closed out — a net gain of 21 holders — while 79 added to existing stakes and 87 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $58.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $21.9M.

  • 273 institutional investors held Independent Bank (INDB) as of Q4 2022, up from 258 in Q3 2022.
  • Funds reported $3.05B of Independent Bank stock for Q4 2022, up 8.7% quarter-over-quarter.
  • 37 funds opened new Independent Bank positions in Q4 2022 and 16 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q4 2022 was Morgan Stanley, an estimated $58.3M added.
  • The largest Independent Bank seller in Q4 2022 was T. Rowe Price Investment Management, an estimated $21.9M sold.

Based on aggregated 13F filings for Q4 2022.