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Independent Bank

219 hedge funds and large institutions have $2.3B invested in Independent Bank in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

386% more call options, than puts

Call options by funds: $525K | Put options by funds: $108K

140% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 15

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

13% more capital invested

Capital invested by funds: $2.04B → $2.3B (+$266M)

7% more funds holding

Funds holding: 205219 (+14)

1.02% more ownership

Funds ownership: 79.46%80.48% (+1%)

6% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 66

Holders
219
Holders Change
+14
Holders Change %
+6.83%
% of All Funds
4.32%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.08%
New
36
Increased
70
Reduced
66
Closed
15
Calls
$525K
Puts
$108K
Net Calls
+$417K
Net Calls Change
+$531K
Name Holding Trade Value Shares
Change
Change in
Stake
NPA
151
Nichols & Pratt Advisers
Massachusetts
$271K -$98.1K -1,200 -27%
CGH
152
Crossmark Global Holdings
Texas
$270K -$125K -1,530 -32%
Creative Planning
153
Creative Planning
Kansas
$264K -$181K -2,215 -41%
Connor, Clark & Lunn Investment Management (CC&L)
154
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$261K +$256K +3,130 New
SCM
155
Shelton Capital Management
Colorado
$256K -$11.5K -141 -4%
P
156
Pitcairn
Pennsylvania
$255K +$8.42K +103 +3%
Janney Montgomery Scott
157
Janney Montgomery Scott
Pennsylvania
$254K -$163 -2 -0.1%
AIP
158
Ameritas Investment Partners
Nebraska
$243K +$7.76K +95 +3%
PP
159
Paloma Partners
Connecticut
$236K -$191K -2,337 -45%
Russell Investments Group
160
Russell Investments Group
United Kingdom
$235K
SSA
161
Schonfeld Strategic Advisors
New York
$225K +$221K +2,700 New
VF
162
Virtu Financial
New York
$223K +$219K +2,680 New
KC
163
Knuff & Co
California
$217K
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
164
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$216K +$213K +2,600 New
CIBC Asset Management
165
CIBC Asset Management
Ontario, Canada
$212K +$208K +2,541 New
ECM
166
Evergreen Capital Management
Washington
$209K +$205K +2,514 New
HPC
167
HM Payson & Co
Maine
$208K
PNC Financial Services Group
168
PNC Financial Services Group
Pennsylvania
$201K +$50.6K +619 +34%
Zurich Cantonal Bank
169
Zurich Cantonal Bank
Switzerland
$199K
SO
170
STRS Ohio
Ohio
$199K +$57.2K +700 +41%
PAM
171
Panagora Asset Management
Massachusetts
$198K -$63.8K -780 -25%
ARMC
172
American Research & Management Company
Massachusetts
$198K
BG
173
Bollard Group
Massachusetts
$196K
FHA
174
Flagship Harbor Advisors
Massachusetts
$196K +$409 +5 +0.2%
LTFS
175
Ladenburg Thalmann Financial Services
Florida
$161K -$9.48K -116 -6%

INDB Hedge Fund Activity: Q4 2019 in Review

219 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2019, worth a combined $2.3B — up 13% from $2.04B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new INDB positions and 15 closed out — a net gain of 21 holders — while 70 added to existing stakes and 66 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $13.9M. The largest seller was BlackRock, cutting an estimated $12.7M.

  • 219 institutional investors held Independent Bank (INDB) as of Q4 2019, up from 205 in Q3 2019.
  • Funds reported $2.3B of Independent Bank stock for Q4 2019, up 13% quarter-over-quarter.
  • 36 funds opened new Independent Bank positions in Q4 2019 and 15 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q4 2019 was JP Morgan Chase, an estimated $13.9M added.
  • The largest Independent Bank seller in Q4 2019 was BlackRock, an estimated $12.7M sold.

Based on aggregated 13F filings for Q4 2019.