Independent Bank
INDB
206 hedge funds and large institutions have $2.29B invested in Independent Bank in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 18 closing their positions.
471% more call options, than puts
Call options by funds: $434K | Put options by funds: $76K
6% more capital invested
Capital invested by funds: $2.16B → $2.29B (+$132M)
4.45% more ownership
Funds ownership: 86.45% → 90.9% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 68
1% less funds holding
Funds holding: 209 → 206 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$46.5M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$16M |
| 3 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$14.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$8.8M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$8.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$5.45M |
| 2 |
Millennium Management
New York
|
-$5.24M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.51M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.33M |
| 5 |
Renaissance Technologies
New York
|
-$1.99M |
INDB Hedge Fund Activity: Q3 2021 in Review
206 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2021, worth a combined $2.29B — up 6.1% from $2.16B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of INDB and 16 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 68 added.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $46.5M. The largest seller was ClariVest Asset Management, exiting entirely with an estimated $5.45M sold.
- 206 institutional investors held Independent Bank (INDB) as of Q3 2021, down from 209 in Q2 2021.
- Funds reported $2.29B of Independent Bank stock for Q3 2021, up 6.1% quarter-over-quarter.
- 16 funds opened new Independent Bank positions in Q3 2021 and 18 closed out, a net change of -2 holders.
- The largest Independent Bank buyer in Q3 2021 was Channing Capital Management, an estimated $46.5M added.
- The largest Independent Bank seller in Q3 2021 was ClariVest Asset Management, an estimated $5.45M sold.
Based on aggregated 13F filings for Q3 2021.