Independent Bank
INDB
152 hedge funds and large institutions have $956M invested in Independent Bank in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 59 increasing their positions, 41 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 41
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
5% more capital invested
Capital invested by funds: $911M → $956M (+$45.6M)
0% more funds holding
Funds holding: 152 → 152 (0)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $210K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$33.2M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$13.6M |
| 3 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$5.24M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$30.3M |
| 2 |
Bank of New York Mellon
New York
|
-$2.83M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$2.12M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.01M |
| 5 |
Renaissance Technologies
New York
|
-$742K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WI
151
WBI Investments
Red Bank,
New Jersey
| – | -$2.12M | -46,173 | Closed |
|
|
DTL
152
Dynamic Technology Lab
Singapore
| – | -$636K | -13,853 | Closed |
|
153
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$388K | -8,445 | Closed |
|
|
VKH
154
Virtu KCG Holdings
New York
| – | -$339K | -7,373 | Closed |
|
155
D.E. Shaw & Co
New York
| – | -$311K | -6,767 | Closed |
|
156
Nomura Holdings
Tokyo,
Japan
| – | -$277K | -6,023 | Closed |
|
|
ARTA
157
A.R.T. Advisors
New York
| – | -$255K | -5,568 | Closed |
|
|
RA
158
Rational Advisors
Huntington,
New York
| – | -$163K | -3,550 | Closed |
|
|
CCMH
159
Cornerstone Capital Management Holdings
New York
| – | -$119K | -2,600 | Closed |
|
|
MFS
160
MSI Financial Services
Springfield,
Massachusetts
| – | -$30.2K | -647 | -100% |
|
|
IA
161
IFP Advisors
Tampa,
Florida
| – | +$93 | +2 | New |
|
INDB Hedge Fund Activity: Q2 2016 in Review
152 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2016, worth a combined $956M — up 5% from $911M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INDB positions and 10 closed out — a net gain of 1 holder — while 59 added to existing stakes and 41 trimmed.
The largest buyer was Macquarie Group, adding an estimated $33.2M. The largest seller was Channing Capital Management, exiting entirely with an estimated $30.3M sold.
- 152 institutional investors held Independent Bank (INDB) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $956M of Independent Bank stock for Q2 2016, up 5% quarter-over-quarter.
- 11 funds opened new Independent Bank positions in Q2 2016 and 10 closed out, a net change of +1 holder.
- The largest Independent Bank buyer in Q2 2016 was Macquarie Group, an estimated $33.2M added.
- The largest Independent Bank seller in Q2 2016 was Channing Capital Management, an estimated $30.3M sold.
Based on aggregated 13F filings for Q2 2016.