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Independent Bank

192 hedge funds and large institutions have $1.41B invested in Independent Bank in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 71 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.69% less ownership

Funds ownership: 83.33%81.64% (-1.7%)

4% less funds holding

Funds holding: 199192 (-7)

21% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 29

24% less capital invested

Capital invested by funds: $1.84B → $1.41B (-$433M)

25% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 71

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

93% less call options, than puts

Call options by funds: $52K | Put options by funds: $727K

Holders
192
Holders Change
-7
Holders Change %
-3.52%
% of All Funds
3.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
23
Increased
53
Reduced
71
Closed
29
Calls
$52K
Puts
$727K
Net Calls
-$675K
Net Calls Change
-$460K
Name Holding Trade Value Shares
Change
Change in
Stake
PFGIA
176
Patriot Financial Group Insurance Agency
Massachusetts
$7K
TPCW
177
TD Private Client Wealth
New York
$6.02K
SPIA
178
Steward Partners Investment Advisory
New York
$5K
TF
179
TimeScale Financial
Massachusetts
$5K
WT
180
Washington Trust
Rhode Island
$5K
ST
181
Smithfield Trust
Pennsylvania
$4K
TFO
182
Tarbox Family Office
California
$4K
APA
183
American Portfolios Advisors
New York
$3.19K
QCG
184
Quadrant Capital Group
Ohio
$3K
ASN
185
Advisory Services Network
Georgia
$3K +$4.1K +66 New
FHC
186
First Horizon Corporation
Tennessee
$3K +$4.73K +76 New
Fifth Third Bancorp
187
Fifth Third Bancorp
Ohio
$2K -$187K -3,005 -98%
TWA
188
TCI Wealth Advisors
Arizona
$2K -$871 -14 -29%
PFBT
189
Parkside Financial Bank & Trust
Missouri
$2K -$373 -6 -14%
Millennium Management
190
Millennium Management
New York
$1K -$4.66K -75 -0.4%
SL
191
Savior LLC
Massachusetts
$1K
BBL
192
Beck Bode LLC
Massachusetts
$1K +$1.43K +23 New
SG Americas Securities
193
SG Americas Securities
New York
-$1.26M -18,800 Closed
DIA
194
Dana Investment Advisors
Wisconsin
-$1.11M -16,585 Closed
SBH
195
Segall Bryant & Hamill
Illinois
-$1.05M -15,702 Closed
Voloridge Investment Management
196
Voloridge Investment Management
Florida
-$923K -13,752 Closed
Jane Street
197
Jane Street
New York
-$835K -12,453 Closed
MFS
198
McNamara Financial Services
Massachusetts
-$769K -11,460 Closed
Envestnet Asset Management
199
Envestnet Asset Management
Illinois
-$515K -7,678 Closed
Los Angeles Capital Management
200
Los Angeles Capital Management
California
-$393K -5,853 Closed

INDB Hedge Fund Activity: Q3 2020 in Review

192 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2020, worth a combined $1.41B — down 24% from $1.84B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of INDB and 23 opened new positions — a net loss of 6 holders — while 71 trimmed existing stakes and 53 added.

The largest buyer was Eaton Vance Management, adding an estimated $7.34M. The largest seller was Victory Capital Management, cutting an estimated $22.3M.

  • 192 institutional investors held Independent Bank (INDB) as of Q3 2020, down from 199 in Q2 2020.
  • Funds reported $1.41B of Independent Bank stock for Q3 2020, down 24% quarter-over-quarter.
  • 23 funds opened new Independent Bank positions in Q3 2020 and 29 closed out, a net change of -6 holders.
  • The largest Independent Bank buyer in Q3 2020 was Eaton Vance Management, an estimated $7.34M added.
  • The largest Independent Bank seller in Q3 2020 was Victory Capital Management, an estimated $22.3M sold.

Based on aggregated 13F filings for Q3 2020.