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Independent Bank

258 hedge funds and large institutions have $3.2B invested in Independent Bank in 2021 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 118 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

371% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 14

247% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 34

40% more capital invested

Capital invested by funds: $2.29B → $3.2B (+$910M)

25% more funds holding

Funds holding: 206258 (+52)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7.56% less ownership

Funds ownership: 90.9%83.34% (-7.6%)

Holders
258
Holders Change
+52
Holders Change %
+25.24%
% of All Funds
3.97%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
66
Increased
118
Reduced
34
Closed
14
Calls
$8K
Puts
Net Calls
+$8K
Net Calls Change
-$350K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$571M +$177M +2,127,208 +44%
Vanguard Group
2
Vanguard Group
Pennsylvania
$424M +$132M +1,590,071 +44%
State Street
3
State Street
Massachusetts
$186M +$38.5M +462,932 +26%
Victory Capital Management
4
Victory Capital Management
Texas
$156M +$2.97M +35,779 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$141M +$58.9M +709,679 +70%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$135M +$79.4M +955,684 +136%
SAM
7
Silvercrest Asset Management
New York
$129M -$3.3M -39,763 -2%
CIP
8
Champlain Investment Partners
Vermont
$126M +$291K +3,507 +0.2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$66.5M +$19.1M +230,313 +39%
CCM
10
Channing Capital Management
Illinois
$66.3M +$14.8M +178,219 +28%
Goldman Sachs
11
Goldman Sachs
New York
$66.3M +$9.48M +114,108 +16%
Macquarie Group
12
Macquarie Group
Australia
$62.1M +$1.03M +12,430 +2%
Northern Trust
13
Northern Trust
Illinois
$57.6M +$12.9M +154,902 +28%
RT
14
Rockland Trust
Massachusetts
$56.6M +$4.4M +52,925 +8%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$51.3M +$9.79M +117,919 +23%
American Century Companies
16
American Century Companies
Missouri
$46.1M +$1.85M +22,327 +4%
EVM
17
Eaton Vance Management
Massachusetts
$45.9M +$1.52M +18,328 +3%
PCM
18
Palisade Capital Management
New Jersey
$39M +$437K +5,266 +1%
Ameriprise
19
Ameriprise
Minnesota
$36.4M +$5.57M +67,033 +18%
Renaissance Technologies
20
Renaissance Technologies
New York
$33M +$26M +313,324 +345%
Charles Schwab
21
Charles Schwab
California
$31.1M +$8.94M +107,676 +39%
Principal Financial Group
22
Principal Financial Group
Iowa
$30.6M +$12.2M +146,626 +64%
Norges Bank
23
Norges Bank
Norway
$30M +$11.1M +133,648 +57%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$28.9M +$3.61M +43,412 +14%
BTW
25
Boston Trust Walden
Massachusetts
$28.7M -$157K -1,894 -0.5%

INDB Hedge Fund Activity: Q4 2021 in Review

258 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q4 2021, worth a combined $3.2B — up 40% from $2.29B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new INDB positions and 14 closed out — a net gain of 52 holders — while 118 added to existing stakes and 34 trimmed.

The largest buyer was BlackRock, adding an estimated $177M. The largest seller was Fidelity Investments, cutting an estimated $16.5M.

  • 258 institutional investors held Independent Bank (INDB) as of Q4 2021, up from 206 in Q3 2021.
  • Funds reported $3.2B of Independent Bank stock for Q4 2021, up 40% quarter-over-quarter.
  • 66 funds opened new Independent Bank positions in Q4 2021 and 14 closed out, a net change of +52 holders.
  • The largest Independent Bank buyer in Q4 2021 was BlackRock, an estimated $177M added.
  • The largest Independent Bank seller in Q4 2021 was Fidelity Investments, an estimated $16.5M sold.

Based on aggregated 13F filings for Q4 2021.