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Independent Bank

146 hedge funds and large institutions have $904M 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.

New
Increased
Maintained
Reduced
Closed

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: 144146 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $910M → $904M (-$5.57M)

Holders
146
Holders Change
+2
Holders Change %
+1.39%
% of All Funds
3.83%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
62
Reduced
42
Closed
10
Calls
$2K
Puts
Net Calls
+$2K
Net Calls Change
+$2K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$90M +$2.97M +61,712 +3%
BFA
2
BlackRock Fund Advisors
California
$75.6M +$5.1M +106,025 +7%
SAM
3
Silvercrest Asset Management
New York
$56.1M +$1.65M +34,337 +3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$50.9M +$2.55M +53,037 +5%
Victory Capital Management
5
Victory Capital Management
Texas
$40.4M +$4.55M +94,698 +12%
CCM
6
Channing Capital Management
Illinois
$38.1M +$1.49M +30,971 +4%
Goldman Sachs
7
Goldman Sachs
New York
$37.5M +$350K +7,287 +0.9%
Macquarie Group
8
Macquarie Group
Australia
$33.7M -$23M -477,900 -40%
Ameriprise
9
Ameriprise
Minnesota
$32.6M -$110K -2,290 -0.3%
BIT
10
BlackRock Institutional Trust
California
$31.6M +$565K +11,741 +2%
CIP
11
Champlain Investment Partners
Vermont
$31.6M -$2.05M -42,717 -6%
Northern Trust
12
Northern Trust
Illinois
$30.4M -$39.5K -821 -0.1%
State Street
13
State Street
Massachusetts
$28.8M -$18.7M -388,094 -39%
WA
14
Wasatch Advisors
Utah
$25.6M -$552K -11,476 -2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$21.6M +$219K +4,555 +1%
PIM
16
Perkins Investment Management
Illinois
$20.2M +$725K +15,077 +4%
PCM
17
Polaris Capital Management
Massachusetts
$19.1M +$4.06M +84,463 +26%
RFC
18
Russell Frank Company
Washington
$18.2M +$3.54M +73,527 +24%
BTW
19
Boston Trust Walden
Massachusetts
$17.3M -$3.04M -63,248 -15%
RT
20
Rockland Trust
Massachusetts
$13.5M -$466K -9,687 -2%
IAM
21
Impax Asset Management
New Hampshire
$11M
HAI
22
Hennessy Advisors Inc
California
$10.4M +$1.59M +33,000 +17%
PP
23
Prudential plc
United Kingdom
$9.74M +$1.33M +27,700 +15%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$8.26M +$151K +3,146 +2%
Principal Financial Group
25
Principal Financial Group
Iowa
$8.03M +$99.1K +2,061 +1%

INDB Hedge Fund Activity: Q4 2015 in Review

146 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2015, worth a combined $904M — down 0.61% from $910M 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.

  • 146 institutional investors held Independent Bank (INDB) as of Q4 2015, up from 144 in Q3 2015.
  • Funds reported $904M of Independent Bank stock for Q4 2015, down 0.61% 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.