Independent Bank
INDB
292 hedge funds and large institutions have $2.04B invested in Independent Bank in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 97 increasing their positions, 110 reducing their positions, and 26 closing their positions.
50% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 26
16% more capital invested
Capital invested by funds: $1.76B → $2.04B (+$277M)
4% more funds holding
Funds holding: 280 → 292 (+12)
0.68% less ownership
Funds ownership: 81.68% → 81% (-0.68%)
12% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 110
63% less call options, than puts
Call options by funds: $17K | Put options by funds: $46K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$8.82M |
| 3 |
BlackRock
New York
|
+$7.71M |
| 4 |
JP Morgan Chase
New York
|
+$7.45M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$38.9M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$20.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.43M |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$5.5M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.72M |
INDB Hedge Fund Activity: Q3 2024 in Review
292 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Independent Bank (INDB) for Q3 2024, worth a combined $2.04B — up 16% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new INDB positions and 26 closed out — a net gain of 13 holders — while 97 added to existing stakes and 110 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.3M. The largest seller was Victory Capital Management, cutting an estimated $38.9M.
- 292 institutional investors held Independent Bank (INDB) as of Q3 2024, up from 280 in Q2 2024.
- Funds reported $2.04B of Independent Bank stock for Q3 2024, up 16% quarter-over-quarter.
- 39 funds opened new Independent Bank positions in Q3 2024 and 26 closed out, a net change of +13 holders.
- The largest Independent Bank buyer in Q3 2024 was Goldman Sachs, an estimated $11.3M added.
- The largest Independent Bank seller in Q3 2024 was Victory Capital Management, an estimated $38.9M sold.
Based on aggregated 13F filings for Q3 2024.