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Independent Bank

190 hedge funds and large institutions have $1.84B invested in Independent Bank in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 8

11% more funds holding

Funds holding: 171190 (+19)

4% more capital invested

Capital invested by funds: $1.76B → $1.84B (+$78.8M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.67% less ownership

Funds ownership: 82.02%81.35% (-0.67%)

5% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 62

Holders
190
Holders Change
+19
Holders Change %
+11.11%
% of All Funds
4.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
28
Increased
59
Reduced
62
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AB
126
Amalgamated Bank
New York
$309K -$25K -286 -7%
EB
127
Eastern Bank
Massachusetts
$301K
SEI Investments
128
SEI Investments
Pennsylvania
$292K -$3.23K -37 -1%
WA
129
Wealth Architects
California
$289K
Teacher Retirement System of Texas
130
Teacher Retirement System of Texas
Texas
$268K -$203K -2,332 -42%
TAM
131
Tyers Asset Management
Texas
$268K +$46.1K +528 +19%
MC
132
Middleton & Co
Massachusetts
$267K
QC
133
Quadrature Capital
United Kingdom
$267K +$282K +3,238 New
NEPWA
134
New England Private Wealth Advisors
Massachusetts
$262K
RJA
135
Raymond James & Associates
Florida
$260K -$4.8K -55 -2%
BFA
136
Beaumont Financial Advisors
Massachusetts
$260K
Janney Montgomery Scott
137
Janney Montgomery Scott
Pennsylvania
$252K
OAM
138
Oppenheimer Asset Management
New York
$249K +$23.8K +273 +10%
US Bancorp
139
US Bancorp
Minnesota
$248K +$4.45K +51 +2%
O
140
OppenheimerFunds
New York
$245K -$2.79K -32 -1%
SCM
141
Shelton Capital Management
Colorado
$229K +$241K +2,767 New
FHA
142
Flagship Harbor Advisors
Massachusetts
$209K +$128K +1,465 +132%
Bank of Montreal
143
Bank of Montreal
Ontario, Canada
$208K -$436 -5 -0.2%
HPC
144
HM Payson & Co
Maine
$207K +$218K +2,500 New
DT
145
Diversified Trust
Tennessee
$202K +$213K +2,445 New
Cerity Partners
146
Cerity Partners
New York
$200K +$212K +2,425 New
ARMC
147
American Research & Management Company
Massachusetts
$197K
BG
148
Bollard Group
Massachusetts
$195K
RCM
149
Riverhead Capital Management
Delaware
$194K +$34.9K +400 +21%
AIP
150
Ameritas Investment Partners
Nebraska
$185K

INDB Hedge Fund Activity: Q3 2018 in Review

190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2018, worth a combined $1.84B — up 4.5% from $1.76B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INDB positions and 8 closed out — a net gain of 20 holders — while 59 added to existing stakes and 62 trimmed.

The largest buyer was BlackRock, adding an estimated $12M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $26.4M.

  • 190 institutional investors held Independent Bank (INDB) as of Q3 2018, up from 171 in Q2 2018.
  • Funds reported $1.84B of Independent Bank stock for Q3 2018, up 4.5% quarter-over-quarter.
  • 28 funds opened new Independent Bank positions in Q3 2018 and 8 closed out, a net change of +20 holders.
  • The largest Independent Bank buyer in Q3 2018 was BlackRock, an estimated $12M added.
  • The largest Independent Bank seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $26.4M sold.

Based on aggregated 13F filings for Q3 2018.