Independent Bank
INDB
171 hedge funds and large institutions have $1.76B invested in Independent Bank in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 68 increasing their positions, 38 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 38
12% more capital invested
Capital invested by funds: $1.57B → $1.76B (+$192M)
1.71% more ownership
Funds ownership: 80.32% → 82.02% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 173 → 171 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$17.5M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$14.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$18.4M |
| 2 |
Janus Henderson Group
London,
|
-$6.39M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$2.89M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$1.65M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$1.58M |
INDB Hedge Fund Activity: Q2 2018 in Review
171 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2018, worth a combined $1.76B — up 12% from $1.57B a quarter earlier.
Fund positioning in INDB was balanced in Q2 2018: 12 funds opened new positions, 12 closed out, 68 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock, adding an estimated $17.9M. The largest seller was Macquarie Group, cutting an estimated $18.4M.
- 171 institutional investors held Independent Bank (INDB) as of Q2 2018, down from 173 in Q1 2018.
- Funds reported $1.76B of Independent Bank stock for Q2 2018, up 12% quarter-over-quarter.
- 12 funds opened new Independent Bank positions in Q2 2018 and 12 closed out, a net change of 0 holders.
- The largest Independent Bank buyer in Q2 2018 was BlackRock, an estimated $17.9M added.
- The largest Independent Bank seller in Q2 2018 was Macquarie Group, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2018.