Independent Bank
INDB
147 hedge funds and large institutions have $940M invested in Independent Bank in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 42 reducing their positions, and 10 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 42
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
1% more funds holding
Funds holding: 145 → 147 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $945M → $940M (-$5.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$4.55M |
| 3 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$4.06M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.54M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$23M |
| 2 |
State Street
Boston,
Massachusetts
|
-$18.7M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$3.04M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$2.2M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$2.05M |
INDB Hedge Fund Activity: Q4 2015 in Review
147 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2015, worth a combined $940M — down 0.53% from $945M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new INDB positions and 10 closed out — a net gain of 3 holders — while 62 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $5.1M. The largest seller was Macquarie Group, cutting an estimated $23M.
- 147 institutional investors held Independent Bank (INDB) as of Q4 2015, up from 145 in Q3 2015.
- Funds reported $940M of Independent Bank stock for Q4 2015, down 0.53% quarter-over-quarter.
- 13 funds opened new Independent Bank positions in Q4 2015 and 10 closed out, a net change of +3 holders.
- The largest Independent Bank buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $5.1M added.
- The largest Independent Bank seller in Q4 2015 was Macquarie Group, an estimated $23M sold.
Based on aggregated 13F filings for Q4 2015.