Independent Bank
INDB
160 hedge funds and large institutions have $1.4B invested in Independent Bank in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 75 increasing their positions, 40 reducing their positions, and 18 closing their positions.
121% more capital inflows, than outflows
Capital inflows: $83.7M | Capital outflows: $37.9M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 40
54% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $735K
0.41% less ownership
Funds ownership: 78.05% → 77.63% (-0.41%)
5% less funds holding
Funds holding: 169 → 160 (-9)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$43.6M |
| 2 |
Silvercrest Asset Management
New York
|
+$6.24M |
| 3 |
Denver Investment Advisors
Denver,
Colorado
|
+$5.8M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.55M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.98M |
| 2 |
Boston Trust Walden
Boston,
Massachusetts
|
-$4.58M |
| 3 |
Panagora Asset Management
Boston,
Massachusetts
|
-$3.48M |
| 4 |
Prudential plc
London, England,
United Kingdom
|
-$1.99M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.85M |
INDB Hedge Fund Activity: Q2 2017 in Review
160 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2017, worth a combined $1.4B — up 2.9% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of INDB and 11 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 75 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $43.6M. The largest seller was Invesco, cutting an estimated $7.98M.
- 160 institutional investors held Independent Bank (INDB) as of Q2 2017, down from 169 in Q1 2017.
- Funds reported $1.4B of Independent Bank stock for Q2 2017, up 2.9% quarter-over-quarter.
- 11 funds opened new Independent Bank positions in Q2 2017 and 18 closed out, a net change of -7 holders.
- The largest Independent Bank buyer in Q2 2017 was Janus Henderson Group, an estimated $43.6M added.
- The largest Independent Bank seller in Q2 2017 was Invesco, an estimated $7.98M sold.
Based on aggregated 13F filings for Q2 2017.