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Independent Bank

214 hedge funds and large institutions have $2.06B invested in Independent Bank in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

105% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 20

9% more funds holding

Funds holding: 196214 (+18)

5% more capital invested

Capital invested by funds: $1.97B → $2.06B (+$89.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.78% less ownership

Funds ownership: 87.07%79.3% (-7.8%)

Holders
214
Holders Change
+18
Holders Change %
+9.18%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
41
Increased
94
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
176
Advisor Group
Arizona
$129K -$1.95K -25 -1%
First Manhattan
177
First Manhattan
New York
$115K +$623 +8 +0.5%
BWM
178
Baystate Wealth Management
Massachusetts
$98K
WEC
179
Winslow Evans & Crocker
Massachusetts
$92K +$17.9K +230 +24%
Bessemer Group
180
Bessemer Group
New Jersey
$88K +$89.8K +1,153 New
SPIA
181
Steward Partners Investment Advisory
New York
$80K +$82.2K +1,055 New
TI
182
Truehand Inc
New Hampshire
$76K
FMT
183
First Mercantile Trust
Tennessee
$70K -$16.4K -211 -19%
MAM
184
Meeder Asset Management
Ohio
$38K +$38.4K +493 New
Point72 Asset Management
185
Point72 Asset Management
Connecticut
$38K +$38.9K +500 New
HNB
186
Huntington National Bank
Ohio
$32K
DWM
187
Doyle Wealth Management
Florida
$29K +$29.8K +383 New
Toronto Dominion Bank
188
Toronto Dominion Bank
Ontario, Canada
$27K +$55.6K +714 New
SWA
189
Sutton Wealth Advisors
Florida
$26K
Ohio Public Employees Retirement System (OPERS)
190
Ohio Public Employees Retirement System (OPERS)
Ohio
$21K +$10.8K +138 +104%
VNA
191
Valley National Advisers
Pennsylvania
$18K +$17.9K +230 New
HGWM
192
Harvest Group Wealth Management
Massachusetts
$17K +$78 +1 +0.4%
VCM
193
Versant Capital Management
Arizona
$15K -$23.6K -303 -61%
Fuller & Thaler Asset Management
194
Fuller & Thaler Asset Management
California
$15K
AP
195
Advisors Preferred
Maryland
$13K +$13.3K +171 New
BL
196
Balentine LLC
Georgia
$12K
TRCT
197
Tower Research Capital (TRC)
New York
$12K +$12.6K +162 New
RFWA
198
RPg Family Wealth Advisory
Massachusetts
$10.1K +$10.3K +132 New
YWP
199
YorkBridge Wealth Partners
New York
$9K -$3.12K -40 -25%
CTC
200
Central Trust Company
Missouri
$9K

INDB Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2019, worth a combined $2.06B — up 4.5% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new INDB positions and 20 closed out — a net gain of 21 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $38.2M sold.

  • 214 institutional investors held Independent Bank (INDB) as of Q2 2019, up from 196 in Q1 2019.
  • Funds reported $2.06B of Independent Bank stock for Q2 2019, up 4.5% quarter-over-quarter.
  • 41 funds opened new Independent Bank positions in Q2 2019 and 20 closed out, a net change of +21 holders.
  • The largest Independent Bank buyer in Q2 2019 was T. Rowe Price Associates, an estimated $66M added.
  • The largest Independent Bank seller in Q2 2019 was Wasatch Advisors, an estimated $38.2M sold.

Based on aggregated 13F filings for Q2 2019.