Independent Bank
INDB
139 hedge funds and large institutions have $848M invested in Independent Bank in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 69 increasing their positions, 24 reducing their positions, and 7 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 24
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
11% more capital invested
Capital invested by funds: $765M → $848M (+$83.1M)
5% more funds holding
Funds holding: 133 → 139 (+6)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
Top Sellers
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$12M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$5.88M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.01M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$847K |
| 5 |
NERM
New England Research & Management
Chicago,
Illinois
|
-$840K |
INDB Hedge Fund Activity: Q1 2015 in Review
139 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2015, worth a combined $848M — up 11% from $765M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new INDB positions and 7 closed out — a net gain of 7 holders — while 69 added to existing stakes and 24 trimmed.
The largest buyer was Perkins Investment Management, opening a new position worth an estimated $8.17M. The largest seller was Heartland Advisors, cutting an estimated $12M.
- 139 institutional investors held Independent Bank (INDB) as of Q1 2015, up from 133 in Q4 2014.
- Funds reported $848M of Independent Bank stock for Q1 2015, up 11% quarter-over-quarter.
- 14 funds opened new Independent Bank positions in Q1 2015 and 7 closed out, a net change of +7 holders.
- The largest Independent Bank buyer in Q1 2015 was Perkins Investment Management, an estimated $8.17M added.
- The largest Independent Bank seller in Q1 2015 was Heartland Advisors, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2015.