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Independent Bank

201 hedge funds and large institutions have $2.26B invested in Independent Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

13% more capital invested

Capital invested by funds: $1.99B → $2.26B (+$269M)

4% more funds holding

Funds holding: 194201 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more call options, than puts

Call options by funds: $421K | Put options by funds: $421K

1.35% less ownership

Funds ownership: 82.82%81.47% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 71

Holders
201
Holders Change
+7
Holders Change %
+3.61%
% of All Funds
3.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
24
Increased
58
Reduced
71
Closed
15
Calls
$421K
Puts
$421K
Net Calls
Net Calls Change
+$1.02M
Name Holding Trade Value Shares
Change
Change in
Stake
PP
126
Paloma Partners
Connecticut
$519K +$514K +6,156 New
JMPWA
127
JP Morgan Private Wealth Advisors
California
$518K -$221K -2,643 -30%
Public Employees Retirement Association of Colorado
128
Public Employees Retirement Association of Colorado
Colorado
$508K
DT
129
Diversified Trust
Tennessee
$505K
KTA
130
Keeley-Teton Advisors
Illinois
$477K +$2.92K +35 +0.6%
SG Americas Securities
131
SG Americas Securities
New York
$475K -$932K -11,150 -66%
ECM
132
Everence Capital Management
Indiana
$470K
Carson Wealth (CWM LLC)
133
Carson Wealth (CWM LLC)
Nebraska
$461K
TH
134
TCTC Holdings
Texas
$457K
BFS
135
Bard Financial Services
Connecticut
$437K
NSEDCP
136
NJ State Employees Deferred Compensation Plan
New Jersey
$421K
NPA
137
Nichols & Pratt Advisers
Massachusetts
$375K
MOACM
138
Mutual of America Capital Management
New York
$371K +$24.5K +293 +7%
Handelsbanken Fonder
139
Handelsbanken Fonder
Sweden
$358K
MC
140
Middleton & Co
Massachusetts
$340K
PC
141
Pecaut & Co
Iowa
$336K
PA
142
Profund Advisors
Maryland
$335K +$45.7K +547 +16%
Royal Bank of Canada
143
Royal Bank of Canada
Ontario, Canada
$316K +$44.5K +533 +17%
Teacher Retirement System of Texas
144
Teacher Retirement System of Texas
Texas
$316K +$56.1K +671 +22%
EB
145
Eastern Bank
Massachusetts
$307K
HC
146
Henshaw Capital
Massachusetts
$289K
BG
147
Bollard Group
Massachusetts
$285K
Russell Investments Group
148
Russell Investments Group
United Kingdom
$280K +$278K +3,331 New
EGM
149
Engineers Gate Manager
New York
$262K +$260K +3,117 New
AB
150
Amalgamated Bank
New York
$260K -$16.9K -202 -6%

INDB Hedge Fund Activity: Q1 2021 in Review

201 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2021, worth a combined $2.26B — up 13% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new INDB positions and 15 closed out — a net gain of 9 holders — while 58 added to existing stakes and 71 trimmed.

The largest buyer was Vanguard Group, adding an estimated $26.2M. The largest seller was Channing Capital Management, cutting an estimated $25.3M.

  • 201 institutional investors held Independent Bank (INDB) as of Q1 2021, up from 194 in Q4 2020.
  • Funds reported $2.26B of Independent Bank stock for Q1 2021, up 13% quarter-over-quarter.
  • 24 funds opened new Independent Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
  • The largest Independent Bank buyer in Q1 2021 was Vanguard Group, an estimated $26.2M added.
  • The largest Independent Bank seller in Q1 2021 was Channing Capital Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2021.