Independent Bank
INDB
257 hedge funds and large institutions have $2.8B invested in Independent Bank in 2022 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 100 reducing their positions, and 18 closing their positions.
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
2% more funds holding
Funds holding: 252 → 257 (+5)
0.03% more ownership
Funds ownership: 81.99% → 82.02% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less capital invested
Capital invested by funds: $3.04B → $2.8B (-$240M)
28% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 100
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $440K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.48M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$7.99M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.93M |
| 4 |
JP Morgan Chase
New York
|
+$4.47M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$129M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$26.1M |
| 3 |
BlackRock
New York
|
-$17.3M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
-$8.08M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$7.71M |
INDB Hedge Fund Activity: Q3 2022 in Review
257 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2022, worth a combined $2.8B — down 7.9% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new INDB positions and 18 closed out — a net gain of 7 holders — while 72 added to existing stakes and 100 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.48M. The largest seller was T. Rowe Price Associates, cutting an estimated $129M.
- 257 institutional investors held Independent Bank (INDB) as of Q3 2022, up from 252 in Q2 2022.
- Funds reported $2.8B of Independent Bank stock for Q3 2022, down 7.9% quarter-over-quarter.
- 25 funds opened new Independent Bank positions in Q3 2022 and 18 closed out, a net change of +7 holders.
- The largest Independent Bank buyer in Q3 2022 was Millennium Management, an estimated $9.48M added.
- The largest Independent Bank seller in Q3 2022 was T. Rowe Price Associates, an estimated $129M sold.
Based on aggregated 13F filings for Q3 2022.