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Independent Bank

251 hedge funds and large institutions have $3.19B invested in Independent Bank in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 85 increasing their positions, 77 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 77

0.57% more ownership

Funds ownership: 83.34%83.92% (+0.57%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% less capital invested

Capital invested by funds: $3.2B → $3.19B (-$9.37M)

3% less funds holding

Funds holding: 258251 (-7)

21% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 24

Holders
251
Holders Change
-7
Holders Change %
-2.71%
% of All Funds
3.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
19
Increased
85
Reduced
77
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$572M +$567K +6,714 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$443M +$18.2M +215,685 +4%
State Street
3
State Street
Massachusetts
$191M +$4.61M +54,624 +2%
Victory Capital Management
4
Victory Capital Management
Texas
$154M -$2.74M -32,425 -2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$140M -$1.29M -15,247 -0.9%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$136M +$371K +4,390 +0.3%
SAM
7
Silvercrest Asset Management
New York
$132M +$2.07M +24,500 +2%
CIP
8
Champlain Investment Partners
Vermont
$119M -$6.73M -79,695 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$69.4M +$2.92M +34,628 +4%
CCM
10
Channing Capital Management
Illinois
$66.9M +$443K +5,252 +0.6%
Goldman Sachs
11
Goldman Sachs
New York
$64.2M -$2.23M -26,417 -3%
Northern Trust
12
Northern Trust
Illinois
$56.1M -$1.68M -19,863 -3%
RT
13
Rockland Trust
Massachusetts
$54.2M -$2.62M -31,018 -4%
American Century Companies
14
American Century Companies
Missouri
$53.1M +$7.14M +84,607 +15%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$50.3M -$1.09M -12,868 -2%
EVM
16
Eaton Vance Management
Massachusetts
$48.9M +$3.04M +35,974 +6%
PCM
17
Palisade Capital Management
New Jersey
$37.9M -$1.16M -13,725 -3%
Ameriprise
18
Ameriprise
Minnesota
$36.9M +$470K +5,570 +1%
HSBC Holdings
19
HSBC Holdings
United Kingdom
$36.2M +$7.63M +90,416 +26%
Norges Bank
20
Norges Bank
Norway
$32.8M +$2.84M +33,664 +9%
Charles Schwab
21
Charles Schwab
California
$32.1M +$1.02M +12,096 +3%
GKIM
22
GW&K Investment Management
Massachusetts
$30.6M +$8.36M +98,996 +36%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$30.5M +$10.5M +123,935 +50%
Principal Financial Group
24
Principal Financial Group
Iowa
$30.2M -$378K -4,477 -1%
BTW
25
Boston Trust Walden
Massachusetts
$29.5M +$749K +8,876 +3%

INDB Hedge Fund Activity: Q1 2022 in Review

251 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q1 2022, worth a combined $3.19B — down 0.29% from $3.2B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of INDB and 19 opened new positions — a net loss of 5 holders — while 77 trimmed existing stakes and 85 added.

The largest buyer was Vanguard Group, adding an estimated $18.2M. The largest seller was Deutsche Bank, cutting an estimated $17.8M.

  • 251 institutional investors held Independent Bank (INDB) as of Q1 2022, down from 258 in Q4 2021.
  • Funds reported $3.19B of Independent Bank stock for Q1 2022, down 0.29% quarter-over-quarter.
  • 19 funds opened new Independent Bank positions in Q1 2022 and 24 closed out, a net change of -5 holders.
  • The largest Independent Bank buyer in Q1 2022 was Vanguard Group, an estimated $18.2M added.
  • The largest Independent Bank seller in Q1 2022 was Deutsche Bank, an estimated $17.8M sold.

Based on aggregated 13F filings for Q1 2022.