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Independent Bank

196 hedge funds and large institutions have $1.97B invested in Independent Bank in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 87 increasing their positions, 47 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 47

23% more capital invested

Capital invested by funds: $1.6B → $1.97B (+$368M)

12% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 25

5.31% more ownership

Funds ownership: 81.77%87.07% (+5.3%)

1% more funds holding

Funds holding: 194196 (+2)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
196
Holders Change
+2
Holders Change %
+1.03%
% of All Funds
4.24%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
28
Increased
87
Reduced
47
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fuller & Thaler Asset Management
176
Fuller & Thaler Asset Management
California
$16K
WCM
177
WealthBridge Capital Management
Ohio
$15K +$396 +5 +3%
YWP
178
YorkBridge Wealth Partners
New York
$13K +$12.4K +157 New
LFA
179
Legacy Financial Advisors
Kentucky
$13K +$12.6K +159 New
BL
180
Balentine LLC
Georgia
$12K
Ohio Public Employees Retirement System (OPERS)
181
Ohio Public Employees Retirement System (OPERS)
Ohio
$11K -$1.27M -16,017 -99%
CTC
182
Central Trust Company
Missouri
$9K +$9.27K +117 New
ASN
183
Advisory Services Network
Georgia
$8K
FMII
184
Farmers & Merchants Investments Inc
Nebraska
$8K +$7.77K +98 New
GAM
185
Gemmer Asset Management
California
$7K
ST
186
Smithfield Trust
Pennsylvania
$7K
WAM
187
Wealthspire Advisors (Maryland)
Maryland
$6K +$872 +11 +17%
QCG
188
Quadrant Capital Group
Ohio
$5K
MNBTD
189
Moody National Bank Trust Division
Texas
$4K +$3.8K +48 New
PCP
190
Proficio Capital Partners
Massachusetts
$4K +$4.12K +52 New
CAPTRUST Financial Advisors
191
CAPTRUST Financial Advisors
North Carolina
$4K +$4.36K +55 New
PFBT
192
Parkside Financial Bank & Trust
Missouri
$3K +$1.03K +13 +46%
CFGS
193
Concourse Financial Group Securities
Alabama
$3K +$3.09K +39 New
SCM
194
Shelton Capital Management
Colorado
$2.77K +$17.8K +224 New
RCAG
195
Rehmann Capital Advisory Group
Michigan
$1.62K +$1.58K +20 New
GT
196
Glenmede Trust
Pennsylvania
$493 +$16.2K +205 +3%
Balyasny Asset Management
197
Balyasny Asset Management
Illinois
-$2.71M -38,517 Closed
3C
198
361 Capital
Colorado
-$2.37M -33,638 Closed
Lazard Asset Management
199
Lazard Asset Management
New York
-$1.6M -22,737 Closed
D.E. Shaw & Co
200
D.E. Shaw & Co
New York
-$1.44M -20,419 Closed

INDB Hedge Fund Activity: Q1 2019 in Review

196 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2019, worth a combined $1.97B — up 23% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INDB positions and 25 closed out — a net gain of 3 holders — while 87 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock, adding an estimated $40.3M. The largest seller was Wasatch Advisors, cutting an estimated $17.9M.

  • 196 institutional investors held Independent Bank (INDB) as of Q1 2019, up from 194 in Q4 2018.
  • Funds reported $1.97B of Independent Bank stock for Q1 2019, up 23% quarter-over-quarter.
  • 28 funds opened new Independent Bank positions in Q1 2019 and 25 closed out, a net change of +3 holders.
  • The largest Independent Bank buyer in Q1 2019 was BlackRock, an estimated $40.3M added.
  • The largest Independent Bank seller in Q1 2019 was Wasatch Advisors, an estimated $17.9M sold.

Based on aggregated 13F filings for Q1 2019.