Independent Bank
INDB
135 hedge funds and large institutions have $677M invested in Independent Bank in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 40 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
20% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 40
2% more funds holding
Funds holding: 133 → 135 (+2)
2% more capital invested
Capital invested by funds: $663M → $677M (+$14.3M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.98M |
| 2 |
Goldman Sachs
New York
|
+$2.28M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.62M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$1.5M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.52M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.86M |
| 3 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$2.03M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$1.86M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$884K |
INDB Hedge Fund Activity: Q2 2014 in Review
135 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2014, worth a combined $677M — up 2.2% from $663M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new INDB positions and 8 closed out — a net gain of 2 holders — while 48 added to existing stakes and 40 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.98M. The largest seller was Federated Hermes, cutting an estimated $9.52M.
- 135 institutional investors held Independent Bank (INDB) as of Q2 2014, up from 133 in Q1 2014.
- Funds reported $677M of Independent Bank stock for Q2 2014, up 2.2% quarter-over-quarter.
- 10 funds opened new Independent Bank positions in Q2 2014 and 8 closed out, a net change of +2 holders.
- The largest Independent Bank buyer in Q2 2014 was Norges Bank, an estimated $8.98M added.
- The largest Independent Bank seller in Q2 2014 was Federated Hermes, an estimated $9.52M sold.
Based on aggregated 13F filings for Q2 2014.