Independent Bank
INDB
194 hedge funds and large institutions have $1.99B invested in Independent Bank in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 62 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more capital invested
Capital invested by funds: $1.41B → $1.99B (+$585M)
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
1.17% more ownership
Funds ownership: 81.64% → 82.82% (+1.2%)
1% more funds holding
Funds holding: 192 → 194 (+2)
5% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 62
62% less call options, than puts
Call options by funds: $627K | Put options by funds: $1.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$10.5M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$9.81M |
| 3 |
BlackRock
New York
|
+$7.34M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.12M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$6.39M |
| 3 |
Goldman Sachs
New York
|
-$5.9M |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$3.84M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$2.89M |
INDB Hedge Fund Activity: Q4 2020 in Review
194 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2020, worth a combined $1.99B — up 42% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new INDB positions and 25 closed out — a net gain of 3 holders — while 65 added to existing stakes and 62 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $10.5M. The largest seller was Fidelity Investments, cutting an estimated $29.5M.
- 194 institutional investors held Independent Bank (INDB) as of Q4 2020, up from 192 in Q3 2020.
- Funds reported $1.99B of Independent Bank stock for Q4 2020, up 42% quarter-over-quarter.
- 28 funds opened new Independent Bank positions in Q4 2020 and 25 closed out, a net change of +3 holders.
- The largest Independent Bank buyer in Q4 2020 was Victory Capital Management, an estimated $10.5M added.
- The largest Independent Bank seller in Q4 2020 was Fidelity Investments, an estimated $29.5M sold.
Based on aggregated 13F filings for Q4 2020.