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Independent Bank

196 hedge funds and large institutions have $1.97B invested in Independent Bank in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 87 increasing their positions, 47 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 47

23% more capital invested

Capital invested by funds: $1.6B → $1.97B (+$368M)

12% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 25

5.31% more ownership

Funds ownership: 81.77%87.07% (+5.3%)

1% more funds holding

Funds holding: 194196 (+2)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
196
Holders Change
+2
Holders Change %
+1.03%
% of All Funds
4.24%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
28
Increased
87
Reduced
47
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HSBC Holdings
151
HSBC Holdings
United Kingdom
$214K +$209K +2,636 New
ECM
152
Evergreen Capital Management
Washington
$213K +$208K +2,625 New
RCM
153
Riverhead Capital Management
Delaware
$199K
ARMC
154
American Research & Management Company
Massachusetts
$193K
BG
155
Bollard Group
Massachusetts
$191K
AIP
156
Ameritas Investment Partners
Nebraska
$181K +$35.1K +443 +20%
LIA
157
LS Investment Advisors
Michigan
$160K +$5.63K +71 +4%
PNC Financial Services Group
158
PNC Financial Services Group
Pennsylvania
$142K +$47.9K +604 +52%
Zurich Cantonal Bank
159
Zurich Cantonal Bank
Switzerland
$141K -$33.5K -423 -20%
AG
160
Advisor Group
Arizona
$139K +$98.7K +1,245 +263%
MSA
161
Marino Stram & Associates
Massachusetts
$134K
SG Americas Securities
162
SG Americas Securities
New York
$123K -$586K -7,389 -83%
First Manhattan
163
First Manhattan
New York
$122K +$555 +7 +0.5%
BWM
164
Baystate Wealth Management
Massachusetts
$104K +$555 +7 +0.5%
FMT
165
First Mercantile Trust
Tennessee
$91K -$7.13K -90 -7%
TI
166
Truehand Inc
New Hampshire
$81K
WEC
167
Winslow Evans & Crocker
Massachusetts
$80K
MOACM
168
Mutual of America Capital Management
New York
$80K +$22.2K +280 +40%
SO
169
STRS Ohio
Ohio
$56K +$15.8K +200 +40%
IUHSA
170
Itau Unibanco Holding S.A.
Brazil
$55K
VCM
171
Versant Capital Management
Arizona
$40K -$20.7K -261 -34%
HNB
172
Huntington National Bank
Ohio
$34K +$33K +416 New
SWA
173
Sutton Wealth Advisors
Florida
$27.7K
PCG
174
Private Capital Group
Connecticut
$19K +$16.8K +212 +883%
HGWM
175
Harvest Group Wealth Management
Massachusetts
$19K +$18.2K +230 New

INDB Hedge Fund Activity: Q1 2019 in Review

196 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2019, worth a combined $1.97B — up 23% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INDB positions and 25 closed out — a net gain of 3 holders — while 87 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock, adding an estimated $40.3M. The largest seller was Wasatch Advisors, cutting an estimated $17.9M.

  • 196 institutional investors held Independent Bank (INDB) as of Q1 2019, up from 194 in Q4 2018.
  • Funds reported $1.97B of Independent Bank stock for Q1 2019, up 23% quarter-over-quarter.
  • 28 funds opened new Independent Bank positions in Q1 2019 and 25 closed out, a net change of +3 holders.
  • The largest Independent Bank buyer in Q1 2019 was BlackRock, an estimated $40.3M added.
  • The largest Independent Bank seller in Q1 2019 was Wasatch Advisors, an estimated $17.9M sold.

Based on aggregated 13F filings for Q1 2019.