Independent Bank
INDB
153 hedge funds and large institutions have $924M invested in Independent Bank in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 58 increasing their positions, 43 reducing their positions, and 10 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 43
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0% more funds holding
Funds holding: 153 → 153 (0)
0% less capital invested
Capital invested by funds: $928M → $924M (-$3.94M)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $210K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$13.6M |
| 2 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$5.24M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.99M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$30.3M |
| 2 |
Bank of New York Mellon
New York
|
-$2.83M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$2.12M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.01M |
| 5 |
Renaissance Technologies
New York
|
-$742K |
INDB Hedge Fund Activity: Q2 2016 in Review
153 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2016, worth a combined $924M — down 0.42% from $928M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INDB positions and 10 closed out — a net gain of 1 holder — while 58 added to existing stakes and 43 trimmed.
The largest buyer was Silvercrest Asset Management, adding an estimated $13.6M. The largest seller was Channing Capital Management, exiting entirely with an estimated $30.3M sold.
- 153 institutional investors held Independent Bank (INDB) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $924M of Independent Bank stock for Q2 2016, down 0.42% quarter-over-quarter.
- 11 funds opened new Independent Bank positions in Q2 2016 and 10 closed out, a net change of +1 holder.
- The largest Independent Bank buyer in Q2 2016 was Silvercrest Asset Management, an estimated $13.6M added.
- The largest Independent Bank seller in Q2 2016 was Channing Capital Management, an estimated $30.3M sold.
Based on aggregated 13F filings for Q2 2016.