Independent Bank
INDB
173 hedge funds and large institutions have $1.57B invested in Independent Bank in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 47 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
38% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 47
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
2% more funds holding
Funds holding: 170 → 173 (+3)
3% more capital invested
Capital invested by funds: $1.52B → $1.57B (+$50.2M)
0.3% more ownership
Funds ownership: 80.01% → 80.32% (+0.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $301K
Top Buyers
| 1 |
BlackRock
New York
|
+$3.82M |
| 2 |
Goldman Sachs
New York
|
+$3.49M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.06M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.24M |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$6.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.58M |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$2.71M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.37M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.06M |
INDB Hedge Fund Activity: Q1 2018 in Review
173 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2018, worth a combined $1.57B — up 3.3% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new INDB positions and 15 closed out — a net gain of 3 holders — while 65 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $3.82M. The largest seller was Bank of New York Mellon, cutting an estimated $6.8M.
- 173 institutional investors held Independent Bank (INDB) as of Q1 2018, up from 170 in Q4 2017.
- Funds reported $1.57B of Independent Bank stock for Q1 2018, up 3.3% quarter-over-quarter.
- 18 funds opened new Independent Bank positions in Q1 2018 and 15 closed out, a net change of +3 holders.
- The largest Independent Bank buyer in Q1 2018 was BlackRock, an estimated $3.82M added.
- The largest Independent Bank seller in Q1 2018 was Bank of New York Mellon, an estimated $6.8M sold.
Based on aggregated 13F filings for Q1 2018.