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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
Zurich Cantonal Bank
151
Zurich Cantonal Bank
Switzerland
$179K
MSA
152
Marino Stram & Associates
Massachusetts
$136K
BNP Paribas Financial Markets
153
BNP Paribas Financial Markets
France
$131K -$39.6K -454 -22%
Royal Bank of Canada
154
Royal Bank of Canada
Ontario, Canada
$125K +$20.2K +232 +18%
First Manhattan
155
First Manhattan
New York
$123K +$611 +7 +0.5%
LTFS
156
Ladenburg Thalmann Financial Services
Florida
$120K +$14.9K +171 +13%
BWM
157
Baystate Wealth Management
Massachusetts
$106K -$11.9K -136 -10%
FMT
158
First Mercantile Trust
Tennessee
$95K -$1.75K -20 -2%
PNC Financial Services Group
159
PNC Financial Services Group
Pennsylvania
$82K +$1.31K +15 +2%
WEC
160
Winslow Evans & Crocker
Massachusetts
$80K
LIA
161
LS Investment Advisors
Michigan
$67K +$872 +10 +1%
VCM
162
Versant Capital Management
Arizona
$62K -$174 -2 -0.3%
DAM
163
Delta Asset Management
Tennessee
$57K
CMBA
164
C.M. Bidwell & Associates
Hawaii
$56K +$58.9K +675 New
AG
165
Advisor Group
Arizona
$50K +$1.05K +12 +2%
MOACM
166
Mutual of America Capital Management
New York
$43K +$36.7K +421 +417%
SWA
167
Sutton Wealth Advisors
Florida
$28.2K
TRCT
168
Tower Research Capital (TRC)
New York
$25K +$26.4K +303 New
Bessemer Group
169
Bessemer Group
New Jersey
$24K +$25.8K +296 New
Fuller & Thaler Asset Management
170
Fuller & Thaler Asset Management
California
$16K -$61.1K -700 -78%
Fifth Third Bancorp
171
Fifth Third Bancorp
Ohio
$16K
OBWP
172
O'Brien Wealth Partners
Massachusetts
$15K +$15.6K +179 New
Acadian Asset Management
173
Acadian Asset Management
Massachusetts
$15K +$16.2K +186 New
BL
174
Balentine LLC
Georgia
$13K +$13.4K +154 New
FHB
175
First Hawaiian Bank
Hawaii
$9K +$10K +115 New

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.