Independent Bank
INDB
201 hedge funds and large institutions have $2.26B invested in Independent Bank in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
13% more capital invested
Capital invested by funds: $1.99B → $2.26B (+$269M)
4% more funds holding
Funds holding: 194 → 201 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more call options, than puts
Call options by funds: $421K | Put options by funds: $421K
1.35% less ownership
Funds ownership: 82.82% → 81.47% (-1.3%)
18% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.2M |
| 2 |
State Street
Boston,
Massachusetts
|
+$16.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.84M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.17M |
| 5 |
Morgan Stanley
New York
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$25.3M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$17.2M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$14.6M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$13.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$11.3M |
INDB Hedge Fund Activity: Q1 2021 in Review
201 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2021, worth a combined $2.26B — up 13% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new INDB positions and 15 closed out — a net gain of 9 holders — while 58 added to existing stakes and 71 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.2M. The largest seller was Channing Capital Management, cutting an estimated $25.3M.
- 201 institutional investors held Independent Bank (INDB) as of Q1 2021, up from 194 in Q4 2020.
- Funds reported $2.26B of Independent Bank stock for Q1 2021, up 13% quarter-over-quarter.
- 24 funds opened new Independent Bank positions in Q1 2021 and 15 closed out, a net change of +9 holders.
- The largest Independent Bank buyer in Q1 2021 was Vanguard Group, an estimated $26.2M added.
- The largest Independent Bank seller in Q1 2021 was Channing Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q1 2021.