Independent Bank
INDB
145 hedge funds and large institutions have $945M invested in Independent Bank in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
7% more funds holding
Funds holding: 136 → 145 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more call options, than puts
Call options by funds: $2K | Put options by funds: $2K
2% less capital invested
Capital invested by funds: $965M → $945M (-$20.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.7M |
| 2 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$3.68M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.36M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$3.23M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$23.3M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$16.1M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.26M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.37M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$2.23M |
INDB Hedge Fund Activity: Q3 2015 in Review
145 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2015, worth a combined $945M — down 2.2% from $965M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new INDB positions and 5 closed out — a net gain of 11 holders — while 59 added to existing stakes and 38 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $10.7M. The largest seller was Heartland Advisors, exiting entirely with an estimated $23.3M sold.
- 145 institutional investors held Independent Bank (INDB) as of Q3 2015, up from 136 in Q2 2015.
- Funds reported $945M of Independent Bank stock for Q3 2015, down 2.2% quarter-over-quarter.
- 16 funds opened new Independent Bank positions in Q3 2015 and 5 closed out, a net change of +11 holders.
- The largest Independent Bank buyer in Q3 2015 was Wasatch Advisors, an estimated $10.7M added.
- The largest Independent Bank seller in Q3 2015 was Heartland Advisors, an estimated $23.3M sold.
Based on aggregated 13F filings for Q3 2015.