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Independent Bank

199 hedge funds and large institutions have $1.84B invested in Independent Bank in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 76 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

5% more funds holding

Funds holding: 190199 (+9)

0.7% less ownership

Funds ownership: 84.04%83.33% (-0.7%)

1% less capital invested

Capital invested by funds: $1.86B → $1.84B (-$16.3M)

28% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 76

45% less call options, than puts

Call options by funds: $268K | Put options by funds: $483K

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
199
Holders Change
+9
Holders Change %
+4.74%
% of All Funds
4.08%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
23
Increased
55
Reduced
76
Closed
13
Calls
$268K
Puts
$483K
Net Calls
-$215K
Net Calls Change
-$441K
Name Holding Trade Value Shares
Change
Change in
Stake
AIP
151
Ameritas Investment Partners
Nebraska
$196K
BNP Paribas Financial Markets
152
BNP Paribas Financial Markets
France
$193K -$763K -11,346 -80%
PAM
153
Panagora Asset Management
Massachusetts
$178K -$262K -3,902 -60%
HPC
154
HM Payson & Co
Maine
$168K
Russell Investments Group
155
Russell Investments Group
United Kingdom
$160K -$65.1K -969 -29%
ARMC
156
American Research & Management Company
Massachusetts
$160K
PNC Financial Services Group
157
PNC Financial Services Group
Pennsylvania
$158K -$20.9K -311 -12%
FHA
158
Flagship Harbor Advisors
Massachusetts
$137K -$7.13K -106 -5%
SO
159
STRS Ohio
Ohio
$107K -$67.2K -1,000 -38%
MOACM
160
Mutual of America Capital Management
New York
$107K -$28.3K -421 -21%
First Manhattan
161
First Manhattan
New York
$104K +$672 +10 +0.6%
GKIM
162
GW&K Investment Management
Massachusetts
$82K
BFIM
163
Beese Fulmer Investment Management
Ohio
$76K +$76.2K +1,134 New
CAPTRUST Financial Advisors
164
CAPTRUST Financial Advisors
North Carolina
$74K -$237K -3,527 -76%
LIA
165
LS Investment Advisors
Michigan
$72K +$4.71K +70 +7%
TI
166
Truehand Inc
New Hampshire
$67K
BWM
167
Baystate Wealth Management
Massachusetts
$66K +$403 +6 +0.6%
WEC
168
Winslow Evans & Crocker
Massachusetts
$63K
SWA
169
Sutton Wealth Advisors
Florida
$58.6K -$4.24K -63 -7%
PAG
170
Private Advisor Group
New Jersey
$44K +$44.1K +656 New
PCG
171
Private Capital Group
Connecticut
$40K -$6.72K -100 -15%
Ohio Public Employees Retirement System (OPERS)
172
Ohio Public Employees Retirement System (OPERS)
Ohio
$37K -$1.28K -19 -3%
HB
173
Horizon Bancorp
Indiana
$31K
VCM
174
Versant Capital Management
Arizona
$28K -$2.56K -38 -8%
PHK
175
Point72 Hong Kong
Hong Kong
$28K +$28.5K +424 New

INDB Hedge Fund Activity: Q2 2020 in Review

199 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2020, worth a combined $1.84B — down 0.88% from $1.86B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new INDB positions and 13 closed out — a net gain of 10 holders — while 55 added to existing stakes and 76 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $28.6M. The largest seller was Victory Capital Management, cutting an estimated $89.7M.

  • 199 institutional investors held Independent Bank (INDB) as of Q2 2020, up from 190 in Q1 2020.
  • Funds reported $1.84B of Independent Bank stock for Q2 2020, down 0.88% quarter-over-quarter.
  • 23 funds opened new Independent Bank positions in Q2 2020 and 13 closed out, a net change of +10 holders.
  • The largest Independent Bank buyer in Q2 2020 was Fidelity Investments, an estimated $28.6M added.
  • The largest Independent Bank seller in Q2 2020 was Victory Capital Management, an estimated $89.7M sold.

Based on aggregated 13F filings for Q2 2020.