Independent Bank
INDB
205 hedge funds and large institutions have $2.04B invested in Independent Bank in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 75 increasing their positions, 62 reducing their positions, and 24 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 62
0.16% more ownership
Funds ownership: 79.3% → 79.46% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $2.06B → $2.04B (-$23.3M)
4% less funds holding
Funds holding: 214 → 205 (-9)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
79% less call options, than puts
Call options by funds: $30K | Put options by funds: $144K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$11.7M |
| 2 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$8.58M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.38M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$4.32M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$12.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.77M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.37M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.24M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$3.55M |
INDB Hedge Fund Activity: Q3 2019 in Review
205 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2019, worth a combined $2.04B — down 1.1% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of INDB and 15 opened new positions — a net loss of 9 holders — while 62 trimmed existing stakes and 75 added.
The largest buyer was Victory Capital Management, adding an estimated $11.7M. The largest seller was State Street, cutting an estimated $12.5M.
- 205 institutional investors held Independent Bank (INDB) as of Q3 2019, down from 214 in Q2 2019.
- Funds reported $2.04B of Independent Bank stock for Q3 2019, down 1.1% quarter-over-quarter.
- 15 funds opened new Independent Bank positions in Q3 2019 and 24 closed out, a net change of -9 holders.
- The largest Independent Bank buyer in Q3 2019 was Victory Capital Management, an estimated $11.7M added.
- The largest Independent Bank seller in Q3 2019 was State Street, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2019.