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Independent Bank

170 hedge funds and large institutions have $1.52B invested in Independent Bank in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 17

16% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 50

6% more funds holding

Funds holding: 160170 (+10)

0.09% less ownership

Funds ownership: 80.1%80.01% (-0.09%)

6% less capital invested

Capital invested by funds: $1.62B → $1.52B (-$105M)

14% less call options, than puts

Call options by funds: $391K | Put options by funds: $456K

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
170
Holders Change
+10
Holders Change %
+6.25%
% of All Funds
3.86%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
58
Reduced
50
Closed
17
Calls
$391K
Puts
$456K
Net Calls
-$65K
Net Calls Change
-$1.99M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
151
PNC Financial Services Group
Pennsylvania
$36K +$501 +7 +1%
BL
152
Balentine LLC
Georgia
$33K -$2.86K -40 -8%
Simplex Trading
153
Simplex Trading
Illinois
$24K +$24.7K +345 New
SWA
154
Sutton Wealth Advisors
Florida
$23.9K
GT
155
Glenmede Trust
Pennsylvania
$20K
RWA
156
Ropes Wealth Advisors
Massachusetts
$11K
WAM
157
Wealthspire Advisors (Maryland)
Maryland
$8K +$1.86K +26 +28%
MOS
158
MGO One Seven
Ohio
$7K +$7.02K +98 New
GAM
159
Gemmer Asset Management
California
$6K
SPIA
160
Steward Partners Investment Advisory
New York
$6K
ST
161
Smithfield Trust
Pennsylvania
$6K +$6.09K +85 New
CHP
162
Cable Hill Partners
Oregon
$5K
ASN
163
Advisory Services Network
Georgia
$4K
QCG
164
Quadrant Capital Group
Ohio
$3K
PGA
165
Premia Global Advisors
Florida
$3K +$4.01K +56 New
BWA
166
BDO Wealth Advisors
Florida
$2K
PFBT
167
Parkside Financial Bank & Trust
Missouri
$2K
STA
168
Summit Trail Advisors
New York
$2K +$2.08K +29 New
PHK
169
Point72 Hong Kong
Hong Kong
$2K +$2.43K +34 New
AssetMark Inc
170
AssetMark Inc
California
$1K +$644 +9 New
WC
171
Walthausen & Co
New York
-$6.49M -86,948 Closed
NFA
172
Nationwide Fund Advisors
Ohio
-$2.28M -30,558 Closed
WG
173
Winton Group
United Kingdom
-$2.2M -29,411 Closed
HW
174
Hancock Whitney
Mississippi
-$1.04M -14,000 Closed
ZIM
175
Zacks Investment Management
Illinois
-$1.02M -13,680 Closed

INDB Hedge Fund Activity: Q4 2017 in Review

170 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2017, worth a combined $1.52B — down 6.5% from $1.62B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new INDB positions and 17 closed out — a net gain of 10 holders — while 58 added to existing stakes and 50 trimmed.

The largest buyer was State Street, adding an estimated $11.6M. The largest seller was Janus Henderson Group, cutting an estimated $12.7M.

  • 170 institutional investors held Independent Bank (INDB) as of Q4 2017, up from 160 in Q3 2017.
  • Funds reported $1.52B of Independent Bank stock for Q4 2017, down 6.5% quarter-over-quarter.
  • 27 funds opened new Independent Bank positions in Q4 2017 and 17 closed out, a net change of +10 holders.
  • The largest Independent Bank buyer in Q4 2017 was State Street, an estimated $11.6M added.
  • The largest Independent Bank seller in Q4 2017 was Janus Henderson Group, an estimated $12.7M sold.

Based on aggregated 13F filings for Q4 2017.