Independent Bank
INDB
113 hedge funds and large institutions have $584M invested in Independent Bank in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
172% more call options, than puts
Call options by funds: $193K | Put options by funds: $71K
18% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 33
10% more funds holding
Funds holding: 103 → 113 (+10)
3% more capital invested
Capital invested by funds: $565M → $584M (+$19.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.66M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.18M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$3.04M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$1.99M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$22.3M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$11.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.59M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.63M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$2.17M |
INDB Hedge Fund Activity: Q3 2013 in Review
113 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2013, worth a combined $584M — up 3.5% from $565M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new INDB positions and 3 closed out — a net gain of 11 holders — while 39 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.66M. The largest seller was KeyBank National Association, cutting an estimated $22.3M.
- 113 institutional investors held Independent Bank (INDB) as of Q3 2013, up from 103 in Q2 2013.
- Funds reported $584M of Independent Bank stock for Q3 2013, up 3.5% quarter-over-quarter.
- 14 funds opened new Independent Bank positions in Q3 2013 and 3 closed out, a net change of +11 holders.
- The largest Independent Bank buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $3.66M added.
- The largest Independent Bank seller in Q3 2013 was KeyBank National Association, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2013.