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Independent Bank

144 hedge funds and large institutions have $910M invested in Independent Bank in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

55% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 38

7% more funds holding

Funds holding: 135144 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more call options, than puts

Call options by funds: $2K | Put options by funds: $2K

2% less capital invested

Capital invested by funds: $930M → $910M (-$19.8M)

Holders
144
Holders Change
+9
Holders Change %
+6.67%
% of All Funds
4.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
59
Reduced
38
Closed
5
Calls
$2K
Puts
$2K
Net Calls
Net Calls Change
+$141K
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
126
Manchester Capital Management
Vermont
$60K +$60.7K +1,300 New
US Bancorp
127
US Bancorp
Minnesota
$53K +$23.5K +503 +78%
BlackRock
128
BlackRock
New York
$42K +$16.4K +352 +64%
LIA
129
LS Investment Advisors
Michigan
$40K
Manulife (Manufacturers Life Insurance)
130
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$34.9K -$342K -7,312 -1%
MFS
131
MSI Financial Services
Massachusetts
$30K -$15.1K -323 -33%
BL
132
Balentine LLC
Georgia
$18K
DADC
133
D.A. Davidson & Co
Montana
$18K +$12.6K +270 +194%
DAM
134
Delta Asset Management
Tennessee
$16K
Fifth Third Bancorp
135
Fifth Third Bancorp
Ohio
$15K -$5.09K -109 -26%
GT
136
Glenmede Trust
Pennsylvania
$13K
Zurich Cantonal Bank
137
Zurich Cantonal Bank
Switzerland
$10K +$4.91K +105 +88%
PNC Financial Services Group
138
PNC Financial Services Group
Pennsylvania
$8K +$981 +21 +14%
LWM
139
LBA Wealth Management
Florida
$7K
Barclays
140
Barclays
United Kingdom
$6K -$17K -364 -73%
GAM
141
Gemmer Asset Management
California
$4K
RPG
142
Risk Paradigm Group
Texas
$2.86K
SIM
143
Sonora Investment Management
Arizona
$2K +$2.01K +43 New
HA
144
Heartland Advisors
Wisconsin
-$23.3M -497,511 Closed
BFC
145
Banc Funds Company
Illinois
-$1.08M -23,119 Closed
State of Tennessee, Department of Treasury
146
State of Tennessee, Department of Treasury
Tennessee
-$924K -19,700 Closed
PA
147
Profund Advisors
Maryland
-$236K -5,025 Closed
PG
148
PEAK6 Group
Illinois
-$61K -1,304 Closed
OSAM
149
O'Shaughnessy Asset Management
Connecticut
+$234 +5 New

INDB Hedge Fund Activity: Q3 2015 in Review

144 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2015, worth a combined $910M — down 2.1% from $930M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new INDB positions and 5 closed out — a net gain of 11 holders — while 59 added to existing stakes and 38 trimmed.

The largest buyer was Wasatch Advisors, adding an estimated $10.7M. The largest seller was Heartland Advisors, exiting entirely with an estimated $23.3M sold.

  • 144 institutional investors held Independent Bank (INDB) as of Q3 2015, up from 135 in Q2 2015.
  • Funds reported $910M of Independent Bank stock for Q3 2015, down 2.1% quarter-over-quarter.
  • 16 funds opened new Independent Bank positions in Q3 2015 and 5 closed out, a net change of +11 holders.
  • The largest Independent Bank buyer in Q3 2015 was Wasatch Advisors, an estimated $10.7M added.
  • The largest Independent Bank seller in Q3 2015 was Heartland Advisors, an estimated $23.3M sold.

Based on aggregated 13F filings for Q3 2015.