Independent Bank
INDB
209 hedge funds and large institutions have $2.16B invested in Independent Bank in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 57 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
30% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 57
4.98% more ownership
Funds ownership: 81.47% → 86.45% (+5%)
4% more funds holding
Funds holding: 201 → 209 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $2.26B → $2.16B (-$107M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$34M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$32.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$25.9M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$18.7M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$23.2M |
| 2 |
Goldman Sachs
New York
|
-$15.2M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$13.3M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$8.73M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$5.66M |
INDB Hedge Fund Activity: Q2 2021 in Review
209 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q2 2021, worth a combined $2.16B — down 4.7% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new INDB positions and 19 closed out — a net gain of 8 holders — while 74 added to existing stakes and 57 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $34M. The largest seller was Channing Capital Management, exiting entirely with an estimated $23.2M sold.
- 209 institutional investors held Independent Bank (INDB) as of Q2 2021, up from 201 in Q1 2021.
- Funds reported $2.16B of Independent Bank stock for Q2 2021, down 4.7% quarter-over-quarter.
- 27 funds opened new Independent Bank positions in Q2 2021 and 19 closed out, a net change of +8 holders.
- The largest Independent Bank buyer in Q2 2021 was American Century Companies, an estimated $34M added.
- The largest Independent Bank seller in Q2 2021 was Channing Capital Management, an estimated $23.2M sold.
Based on aggregated 13F filings for Q2 2021.