Independent Bank
INDB
170 hedge funds and large institutions have $1.52B invested in Independent Bank in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
16% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 50
6% more funds holding
Funds holding: 160 → 170 (+10)
0.09% less ownership
Funds ownership: 80.1% → 80.01% (-0.09%)
6% less capital invested
Capital invested by funds: $1.62B → $1.52B (-$105M)
14% less call options, than puts
Call options by funds: $391K | Put options by funds: $456K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$11.6M |
| 2 |
BlackRock
New York
|
+$9M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$3.74M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.71M |
| 5 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$2.91M |
Top Sellers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$12.7M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$8.52M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$6.49M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$6.3M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$5.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Cerity Partners
New York
| – | -$390K | -5,218 | Closed |
|
|
GCP
177
GSA Capital Partners
London,
United Kingdom
| – | -$371K | -4,966 | Closed |
|
|
NPC
178
National Planning Corporation
El Segundo,
California
| – | -$326K | -4,364 | Closed |
|
|
GC
179
Guggenheim Capital
Chicago,
Illinois
| – | -$312K | -4,193 | Closed |
|
180
Verition Fund Management
Greenwich,
Connecticut
| – | -$310K | -4,152 | Closed |
|
|
ARTA
181
A.R.T. Advisors
New York
| – | -$299K | -4,010 | Closed |
|
|
N
182
Natixis
Paris,
France
| – | -$292K | -3,918 | Closed |
|
|
TRCT
183
Tower Research Capital (TRC)
New York
| – | -$199K | -2,666 | Closed |
|
|
CMBA
184
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$194K | -2,600 | Closed |
|
|
PG
185
PEAK6 Group
Chicago,
Illinois
| – | -$170K | -2,380 | Closed |
|
|
OAM
186
Oppenheimer Asset Management
New York
| – | -$154K | -2,068 | Closed |
|
|
IA
187
IFP Advisors
Tampa,
Florida
| – | -$716 | -10 | Closed |
|
INDB Hedge Fund Activity: Q4 2017 in Review
170 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2017, worth a combined $1.52B — down 6.5% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new INDB positions and 17 closed out — a net gain of 10 holders — while 58 added to existing stakes and 50 trimmed.
The largest buyer was State Street, adding an estimated $11.6M. The largest seller was Janus Henderson Group, cutting an estimated $12.7M.
- 170 institutional investors held Independent Bank (INDB) as of Q4 2017, up from 160 in Q3 2017.
- Funds reported $1.52B of Independent Bank stock for Q4 2017, down 6.5% quarter-over-quarter.
- 27 funds opened new Independent Bank positions in Q4 2017 and 17 closed out, a net change of +10 holders.
- The largest Independent Bank buyer in Q4 2017 was State Street, an estimated $11.6M added.
- The largest Independent Bank seller in Q4 2017 was Janus Henderson Group, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2017.