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Independent Bank

201 hedge funds and large institutions have $2.26B invested in Independent Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

13% more capital invested

Capital invested by funds: $1.99B → $2.26B (+$269M)

4% more funds holding

Funds holding: 194201 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more call options, than puts

Call options by funds: $421K | Put options by funds: $421K

1.35% less ownership

Funds ownership: 82.82%81.47% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 71

Holders
201
Holders Change
+7
Holders Change %
+3.61%
% of All Funds
3.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
24
Increased
58
Reduced
71
Closed
15
Calls
$421K
Puts
$421K
Net Calls
Net Calls Change
+$1.02M
Name Holding Trade Value Shares
Change
Change in
Stake
CH
176
Canton Hathaway
Rhode Island
$36K
Toronto Dominion Bank
177
Toronto Dominion Bank
Ontario, Canada
$31K -$25.5K -305 -46%
VCM
178
Versant Capital Management
Arizona
$30K +$1.67K +20 +6%
PSB
179
Piscataqua Savings Bank
New Hampshire
$29K +$28.6K +342 New
SO
180
STRS Ohio
Ohio
$25K
VNA
181
Valley National Advisers
Pennsylvania
$19K
CWP
182
Concord Wealth Partners
Virginia
$14K +$13.8K +165 New
GAM
183
Gemmer Asset Management
California
$13K
Fifth Third Bancorp
184
Fifth Third Bancorp
Ohio
$11K +$10.8K +129 New
TPCW
185
TD Private Client Wealth
New York
$9.68K
SWA
186
SOA Wealth Advisors
New York
$9K
TF
187
TimeScale Financial
Massachusetts
$9K
PFBT
188
Parkside Financial Bank & Trust
Missouri
$8K
WT
189
Washington Trust
Rhode Island
$8K
SPIA
190
Steward Partners Investment Advisory
New York
$8K
ST
191
Smithfield Trust
Pennsylvania
$7K
TWA
192
TCI Wealth Advisors
Arizona
$6K +$2.67K +32 +91%
Rockefeller Capital Management
193
Rockefeller Capital Management
New York
$6K +$6.1K +73 New
APA
194
American Portfolios Advisors
New York
$5.14K
TFO
195
Tarbox Family Office
California
$5K
QCG
196
Quadrant Capital Group
Ohio
$4K -$668 -8 -16%
MCM
197
Manchester Capital Management
Vermont
$2K
SL
198
Savior LLC
Massachusetts
$2K
AIG
199
American International Group
New York
$1.84K -$20.5K -245 -1%
FPS
200
Fieldpoint Private Securities
Connecticut
$1K

INDB Hedge Fund Activity: Q1 2021 in Review

201 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2021, worth a combined $2.26B — up 13% from $1.99B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new INDB positions and 15 closed out — a net gain of 9 holders — while 58 added to existing stakes and 71 trimmed.

The largest buyer was Vanguard Group, adding an estimated $26.2M. The largest seller was Channing Capital Management, cutting an estimated $25.3M.

  • 201 institutional investors held Independent Bank (INDB) as of Q1 2021, up from 194 in Q4 2020.
  • Funds reported $2.26B of Independent Bank stock for Q1 2021, up 13% quarter-over-quarter.
  • 24 funds opened new Independent Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
  • The largest Independent Bank buyer in Q1 2021 was Vanguard Group, an estimated $26.2M added.
  • The largest Independent Bank seller in Q1 2021 was Channing Capital Management, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2021.