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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
HW
201
Hancock Whitney
Mississippi
-$279K -4,157 Closed
VFA
202
Voya Financial Advisors
Connecticut
-$252K -3,909 Closed
EB
203
Eastern Bank
Massachusetts
-$244K -3,651 Closed
CC
204
Centiva Capital
New York
-$237K -3,539 Closed
HC
205
Henshaw Capital
Massachusetts
-$230K -3,430 Closed
MSL
206
Mackay Shields LLC
New York
-$228K -3,400 Closed
AB
207
Amalgamated Bank
New York
-$221K -3,291 Closed
CGH
208
Crossmark Global Holdings
Texas
-$211K -3,140 Closed
Janney Montgomery Scott
209
Janney Montgomery Scott
Pennsylvania
-$205K -3,050 Closed
SO
210
STRS Ohio
Ohio
-$107K -1,600 Closed
BFIM
211
Beese Fulmer Investment Management
Ohio
-$76K -1,134 Closed
LIA
212
LS Investment Advisors
Michigan
-$72K -1,068 Closed
PAG
213
Private Advisor Group
New Jersey
-$44K -656 Closed
HNB
214
Huntington National Bank
Ohio
-$15K -217 Closed
AWM
215
Apollon Wealth Management
South Carolina
-$12K -185 Closed
RFWA
216
RPg Family Wealth Advisory
Massachusetts
-$10.3K -153 Closed
BL
217
Balentine LLC
Georgia
-$8K -114 Closed
FMII
218
Farmers & Merchants Investments Inc
Nebraska
-$6K -82 Closed
CTC
219
Central Trust Company
Missouri
-$5K -72 Closed
IA
220
IFP Advisors
Florida
-$1.86K -30 Closed
CAW
221
Cornerstone Advisors (Washington)
Washington
-$1K -11 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.