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Independent Bank

273 hedge funds and large institutions have $3.05B invested in Independent Bank in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 79 increasing their positions, 87 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

612% more call options, than puts

Call options by funds: $363K | Put options by funds: $51K

131% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 16

9% more capital invested

Capital invested by funds: $2.8B → $3.05B (+$243M)

6% more funds holding

Funds holding: 258273 (+15)

0.44% more ownership

Funds ownership: 82.05%82.49% (+0.44%)

9% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 87

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
273
Holders Change
+15
Holders Change %
+5.81%
% of All Funds
4.39%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
37
Increased
79
Reduced
87
Closed
16
Calls
$363K
Puts
$51K
Net Calls
+$312K
Net Calls Change
+$752K
Name Holding Trade Value Shares
Change
Change in
Stake
Zurich Cantonal Bank
151
Zurich Cantonal Bank
Switzerland
$553K +$55.6K +656 +11%
Truist Financial
152
Truist Financial
North Carolina
$553K +$32.4K +382 +6%
BAG
153
Briggs Advisory Group
Rhode Island
$537K
GC
154
Globeflex Capital
California
$532K +$534K +6,300 New
BCI
155
Brinker Capital Investments
Pennsylvania
$531K -$269K -3,171 -34%
Carson Wealth (CWM LLC)
156
Carson Wealth (CWM LLC)
Nebraska
$530K -$2.12K -25 -0.4%
DTL
157
Dynamic Technology Lab
Singapore
$529K -$207K -2,440 -28%
RJFSA
158
Raymond James Financial Services Advisors
Florida
$511K +$8.22K +97 +2%
Public Employees Retirement Association of Colorado
159
Public Employees Retirement Association of Colorado
Colorado
$510K
WPC
160
White Pine Capital
Minnesota
$506K -$31.1K -367 -6%
PNC Financial Services Group
161
PNC Financial Services Group
Pennsylvania
$505K +$34.8K +410 +7%
PAMS
162
Pictet Asset Management (Switzerland)
Switzerland
$489K +$240K +2,825 +95%
NPA
163
Nichols & Pratt Advisers
Massachusetts
$485K
EB
164
Eastern Bank
Massachusetts
$480K
CB
165
Commerce Bank
Missouri
$462K -$11.9K -140 -2%
TH
166
TCTC Holdings
Texas
$447K
CCM
167
Cox Capital Management
Massachusetts
$446K
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
168
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$439K +$441K +5,200 New
BFS
169
Bard Financial Services
Connecticut
$438K
NSEDCP
170
NJ State Employees Deferred Compensation Plan
New Jersey
$422K
ECM
171
ExodusPoint Capital Management
New York
$419K -$493K -5,816 -54%
Man Group
172
Man Group
United Kingdom
$409K -$296K -3,488 -42%
NDSI
173
Newman Dignan & Sheerar Inc
Rhode Island
$383K -$8.65K -102 -2%
Janney Montgomery Scott
174
Janney Montgomery Scott
Pennsylvania
$370K
Allspring Global Investments
175
Allspring Global Investments
North Carolina
$359K +$248K +2,927 +221%

INDB Hedge Fund Activity: Q4 2022 in Review

273 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2022, worth a combined $3.05B — up 8.7% from $2.8B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new INDB positions and 16 closed out — a net gain of 21 holders — while 79 added to existing stakes and 87 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $58.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $21.9M.

  • 273 institutional investors held Independent Bank (INDB) as of Q4 2022, up from 258 in Q3 2022.
  • Funds reported $3.05B of Independent Bank stock for Q4 2022, up 8.7% quarter-over-quarter.
  • 37 funds opened new Independent Bank positions in Q4 2022 and 16 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q4 2022 was Morgan Stanley, an estimated $58.3M added.
  • The largest Independent Bank seller in Q4 2022 was T. Rowe Price Investment Management, an estimated $21.9M sold.

Based on aggregated 13F filings for Q4 2022.