Independent Bank
INDB
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.
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: 146 → 152 (+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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.67M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.47M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$2.06M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$7.11M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$5M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$3.54M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$3.4M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HW
151
Hancock Whitney
Gulfport,
Mississippi
| $932 | +$93.7K | +2,100 | +12% |
|
|
BGIM
152
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$3.54M | -76,137 | Closed |
|
|
BCM
153
Bridgeway Capital Management
Houston,
Texas
| – | -$3.22M | -69,250 | Closed |
|
|
BCM
154
BlueCrest Capital Management
St Helier,
Jersey
| – | -$853K | -18,346 | Closed |
|
|
PP
155
Paloma Partners
Greenwich,
Connecticut
| – | -$296K | -6,358 | Closed |
|
|
GCP
156
GSA Capital Partners
London,
United Kingdom
| – | -$251K | -5,400 | Closed |
|
|
JG
157
Jefferies Group
New York
| – | -$232K | -4,990 | Closed |
|
158
Two Sigma Advisers
New York
| – | -$227K | -4,878 | Closed |
|
159
ProShare Advisors
Bethesda,
Maryland
| – | -$227K | -4,873 | Closed |
|
|
3C
160
361 Capital
Denver,
Colorado
| – | -$78K | -1,678 | Closed |
|
|
MCM
161
Manchester Capital Management
Manchester,
Vermont
| – | -$60K | -1,300 | Closed |
|
|
TRCT
162
Tower Research Capital (TRC)
New York
| – | -$9K | -200 | Closed |
|
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.