Independent Bank
INDB
171 hedge funds and large institutions have $1.76B invested in Independent Bank in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 68 increasing their positions, 38 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 38
12% more capital invested
Capital invested by funds: $1.57B → $1.76B (+$192M)
1.71% more ownership
Funds ownership: 80.32% → 82.02% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 173 → 171 (-2)
Top Buyers
| 1 |
BlackRock
New York
|
+$17.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$17.5M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$14.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.57M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
176
Stone Ridge Asset Management
New York
| – | -$205K | -2,862 | Closed |
|
|
PP
177
Paloma Partners
Greenwich,
Connecticut
| – | -$205K | -2,861 | Closed |
|
|
PG
178
PEAK6 Group
Chicago,
Illinois
| – | -$45K | -635 | Closed |
|
|
AIM
179
Assured Investment Management
New York
| – | -$30K | -414 | Closed |
|
180
Parallax Volatility Advisers
San Francisco,
California
| – | -$26K | -359 | Closed |
|
181
Simplex Trading
Chicago,
Illinois
| – | -$20K | -285 | Closed |
|
|
OBWP
182
O'Brien Wealth Partners
Waltham,
Massachusetts
| – | -$13K | -179 | Closed |
|
INDB Hedge Fund Activity: Q2 2018 in Review
171 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2018, worth a combined $1.76B — up 12% from $1.57B a quarter earlier.
Fund positioning in INDB was balanced in Q2 2018: 12 funds opened new positions, 12 closed out, 68 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock, adding an estimated $17.9M. The largest seller was Macquarie Group, cutting an estimated $18.4M.
- 171 institutional investors held Independent Bank (INDB) as of Q2 2018, down from 173 in Q1 2018.
- Funds reported $1.76B of Independent Bank stock for Q2 2018, up 12% quarter-over-quarter.
- 12 funds opened new Independent Bank positions in Q2 2018 and 12 closed out, a net change of 0 holders.
- The largest Independent Bank buyer in Q2 2018 was BlackRock, an estimated $17.9M added.
- The largest Independent Bank seller in Q2 2018 was Macquarie Group, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2018.