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Independent Bank

152 hedge funds and large institutions have $911M invested in Independent Bank in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 39

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

4% more funds holding

Funds holding: 146152 (+6)

1% more capital invested

Capital invested by funds: $904M → $911M (+$6.66M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
152
Holders Change
+6
Holders Change %
+4.11%
% of All Funds
4.05%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
39
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
126
US Bancorp
Minnesota
$74K
First Manhattan
127
First Manhattan
New York
$65K +$357 +8 +0.6%
WEC
128
Winslow Evans & Crocker
Massachusetts
$57.5K
VCM
129
Versant Capital Management
Arizona
$43K -$3.84K -86 -8%
LIA
130
LS Investment Advisors
Michigan
$40K
MFS
131
MSI Financial Services
Massachusetts
$30K
DADC
132
D.A. Davidson & Co
Montana
$28K +$8.16K +183 +41%
Zurich Cantonal Bank
133
Zurich Cantonal Bank
Switzerland
$27K
Creative Planning
134
Creative Planning
Kansas
$24K +$22.9K +514 New
JFGIW
135
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$21K -$8.92K -200 -30%
BL
136
Balentine LLC
Georgia
$17K
DAM
137
Delta Asset Management
Tennessee
$16K
SWA
138
Sutton Wealth Advisors
Florida
$15.7K +$15.3K +342 New
GT
139
Glenmede Trust
Pennsylvania
$13K
Fifth Third Bancorp
140
Fifth Third Bancorp
Ohio
$11K -$3.26K -73 -24%
CG
141
Cutler Group
California
$11K +$11.2K +250 New
Geode Capital Management
142
Geode Capital Management
Massachusetts
$8.94K +$758K +16,986 +10%
EWM
143
Endurance Wealth Management
Rhode Island
$7.17K
LWM
144
LBA Wealth Management
Florida
$7K
PNC Financial Services Group
145
PNC Financial Services Group
Pennsylvania
$7K +$223 +5 +3%
Northwestern Mutual Wealth Management
146
Northwestern Mutual Wealth Management
Wisconsin
$6K +$5.66K +127 New
Barclays
147
Barclays
United Kingdom
$5K +$5.31K +119 New
GAM
148
Gemmer Asset Management
California
$3K
CYG
149
Clean Yield Group
Vermont
$3K +$2.68K +60 New
QCG
150
Quadrant Capital Group
Ohio
$1K +$1.07K +24 New

INDB Hedge Fund Activity: Q1 2016 in Review

152 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2016, worth a combined $911M — up 0.74% from $904M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new INDB positions and 12 closed out — a net gain of 6 holders — while 65 added to existing stakes and 39 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $4.67M. The largest seller was Channing Capital Management, cutting an estimated $7.11M.

  • 152 institutional investors held Independent Bank (INDB) as of Q1 2016, up from 146 in Q4 2015.
  • Funds reported $911M of Independent Bank stock for Q1 2016, up 0.74% quarter-over-quarter.
  • 18 funds opened new Independent Bank positions in Q1 2016 and 12 closed out, a net change of +6 holders.
  • The largest Independent Bank buyer in Q1 2016 was Goldman Sachs, an estimated $4.67M added.
  • The largest Independent Bank seller in Q1 2016 was Channing Capital Management, an estimated $7.11M sold.

Based on aggregated 13F filings for Q1 2016.