Independent Bank
INDB
153 hedge funds and large institutions have $1.12B invested in Independent Bank in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 43
21% more capital invested
Capital invested by funds: $924M → $1.12B (+$193M)
0% more funds holding
Funds holding: 153 → 153 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.03M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$6.42M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$4.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.6M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$3.59M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.09M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.03M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.78M |
| 5 |
Renaissance Technologies
New York
|
-$1.32M |
INDB Hedge Fund Activity: Q3 2016 in Review
153 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2016, worth a combined $1.12B — up 21% from $924M a quarter earlier.
Fund positioning in INDB was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 61 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $7.03M. The largest seller was Emerald Acquisition, cutting an estimated $3.59M.
- 153 institutional investors held Independent Bank (INDB) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $1.12B of Independent Bank stock for Q3 2016, up 21% quarter-over-quarter.
- 7 funds opened new Independent Bank positions in Q3 2016 and 7 closed out, a net change of 0 holders.
- The largest Independent Bank buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $7.03M added.
- The largest Independent Bank seller in Q3 2016 was Emerald Acquisition, an estimated $3.59M sold.
Based on aggregated 13F filings for Q3 2016.