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Independent Bank

214 hedge funds and large institutions have $2.06B invested in Independent Bank in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

105% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 20

9% more funds holding

Funds holding: 196214 (+18)

5% more capital invested

Capital invested by funds: $1.97B → $2.06B (+$89.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.78% less ownership

Funds ownership: 87.07%79.3% (-7.8%)

Holders
214
Holders Change
+18
Holders Change %
+9.18%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
41
Increased
94
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
151
Shelton Capital Management
Colorado
$261K +$249K +3,197 +1,427%
TAM
152
Tyers Asset Management
Texas
$258K
LTFS
153
Ladenburg Thalmann Financial Services
Florida
$256K -$101K -1,300 -28%
US Bancorp
154
US Bancorp
Minnesota
$248K +$1.95K +25 +0.8%
Creative Planning
155
Creative Planning
Kansas
$241K +$247K +3,166 New
GCP
156
GSA Capital Partners
United Kingdom
$235K +$241K +3,090 New
Janney Montgomery Scott
157
Janney Montgomery Scott
Pennsylvania
$232K
KFC
158
Klingenstein Fields & Co
New York
$232K +$237K +3,045 New
P
159
Pitcairn
Pennsylvania
$231K -$12.3K -158 -5%
GC
160
Guggenheim Capital
Illinois
$223K +$8.18K +105 +4%
AIP
161
Ameritas Investment Partners
Nebraska
$215K +$11.3K +145 +5%
Citadel Advisors
162
Citadel Advisors
Florida
$212K +$217K +2,785 New
WF
163
Welch & Forbes
Massachusetts
$210K
KC
164
Knuff & Co
California
$199K +$203K +2,611 New
HPC
165
HM Payson & Co
Maine
$190K +$195K +2,500 New
RCM
166
Riverhead Capital Management
Delaware
$187K
Zurich Cantonal Bank
167
Zurich Cantonal Bank
Switzerland
$182K +$50.3K +646 +37%
ARMC
168
American Research & Management Company
Massachusetts
$181K
BG
169
Bollard Group
Massachusetts
$180K
FHA
170
Flagship Harbor Advisors
Massachusetts
$178K -$56.3K -723 -24%
LIA
171
LS Investment Advisors
Michigan
$166K +$16.4K +211 +11%
PNC Financial Services Group
172
PNC Financial Services Group
Pennsylvania
$155K +$21.6K +277 +16%
SO
173
STRS Ohio
Ohio
$144K +$93.5K +1,200 +171%
ADEF
174
Adams Diversified Equity Fund
Maryland
$137K -$148K -1,900 -51%
MOACM
175
Mutual of America Capital Management
New York
$133K +$59.7K +767 +78%

INDB Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2019, worth a combined $2.06B — up 4.5% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new INDB positions and 20 closed out — a net gain of 21 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $38.2M sold.

  • 214 institutional investors held Independent Bank (INDB) as of Q2 2019, up from 196 in Q1 2019.
  • Funds reported $2.06B of Independent Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
  • 41 funds opened new Independent Bank positions in Q2 2019 and 20 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q2 2019 was T. Rowe Price Associates, an estimated $66M added.
  • The largest Independent Bank seller in Q2 2019 was Wasatch Advisors, an estimated $38.2M sold.

Based on aggregated 13F filings for Q2 2019.