Independent Bank
INDB
190 hedge funds and large institutions have $1.84B invested in Independent Bank in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
11% more funds holding
Funds holding: 171 → 190 (+19)
4% more capital invested
Capital invested by funds: $1.76B → $1.84B (+$78.8M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.67% less ownership
Funds ownership: 82.02% → 81.35% (-0.67%)
5% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$9.02M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$8.37M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$8.21M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$7.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$26.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$19.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
| 4 |
Janus Henderson Group
London,
|
-$6.31M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$4.92M |
INDB Hedge Fund Activity: Q3 2018 in Review
190 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2018, worth a combined $1.84B — up 4.5% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new INDB positions and 8 closed out — a net gain of 20 holders — while 59 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock, adding an estimated $12M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $26.4M.
- 190 institutional investors held Independent Bank (INDB) as of Q3 2018, up from 171 in Q2 2018.
- Funds reported $1.84B of Independent Bank stock for Q3 2018, up 4.5% quarter-over-quarter.
- 28 funds opened new Independent Bank positions in Q3 2018 and 8 closed out, a net change of +20 holders.
- The largest Independent Bank buyer in Q3 2018 was BlackRock, an estimated $12M added.
- The largest Independent Bank seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $26.4M sold.
Based on aggregated 13F filings for Q3 2018.