Who owns Independent Bank (INDB)
Which tracked institutional funds hold INDB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See INDB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
95 tracked funds added or opened INDB while 40 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
INDB’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes INDB more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in INDB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 328 tracked filers holding INDB, 166 increased or opened the position and 158 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in INDB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 12
- Edgestream Partners, L.P.$7M
- HSBC HOLDINGS PLC$7M
- RENAISSANCE TECHNOLOGIES LLC$4M
- Jupiter Topco LLC$2M
- Squarepoint Ops LLC$1M
- Integrated Quantitative Investments LLC$1M
Full exits 24
- GW&K Investment Management, LLC$22M
- Qube Research & Technologies Ltd$13M
- SG Americas Securities, LLC$13M
- FJ Capital Management LLC$12M
- JANE STREET GROUP, LLC$4M
- CANADA LIFE ASSURANCE Co$4M
Largest adds
- BlackRock, Inc.$192M
- STATE STREET CORP$33M
- DIMENSIONAL FUND ADVISORS LP$27M
- GEODE CAPITAL MANAGEMENT, LLC$26M
- VANGUARD PORTFOLIO MANAGEMENT LLC$25M
- NORGES BANK$22M
Largest trims
- DEPRINCE RACE & ZOLLO INC$46M
- FIRST TRUST ADVISORS LP$25M
- ALLIANCEBERNSTEIN L.P.$18M
- CITADEL ADVISORS LLC$12M
- Russell Investments Group, Ltd.$5M
- SEI INVESTMENTS CO$3M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 6,979,611 | $584M | 18.2% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 3,273,358 | $274M | 8.5% | 2026-Q2 |
| STATE STREET CORP added | 2,645,824 | $223M | 7.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,633,640 | $220M | 6.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 2,171,265 | $182M | 5.7% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,440,396 | $121M | 3.8% | 2026-Q2 |
| ROCKLAND TRUST CO trimmed | 1,427,951 | $120M | 3.7% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,179,183 | $89M | 2.8% | 2026-Q2 |
| Channing Capital Management, LLC added | 953,435 | $80M | 2.5% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 917,172 | $77M | 2.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 733,718 | $61M | 1.9% | 2026-Q2 |
| MORGAN STANLEY added | 714,013 | $60M | 1.9% | 2026-Q2 |
| REINHART PARTNERS, LLC. added | 657,871 | $55M | 1.7% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 627,376 | $53M | 1.6% | 2026-Q2 |
| NORGES BANK added | 616,226 | $52M | 1.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 592,448 | $50M | 1.5% | 2026-Q2 |
| NORTHERN TRUST CORP added | 556,997 | $47M | 1.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 533,209 | $45M | 1.4% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 531,514 | $44M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 500,477 | $42M | 1.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 492,923 | $41M | 1.3% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 469,098 | $39M | 1.2% | 2026-Q2 |
| NFJ INVESTMENT GROUP, LLC trimmed | 421,384 | $35M | 1.1% | 2026-Q2 |
| DEPRINCE RACE & ZOLLO INC trimmed | 379,723 | $32M | 1.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 326,056 | $27M | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 321,764 | $27M | 0.8% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 295,399 | $25M | 0.8% | 2026-Q2 |
| Leeward Investments, LLC - MA trimmed | 260,345 | $22M | 0.7% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 252,173 | $21M | 0.7% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 243,160 | $20M | 0.6% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 233,580 | $20M | 0.6% | 2026-Q2 |
| Bridgewater Associates, LP trimmed | 200,771 | $17M | 0.5% | 2026-Q2 |
| Invesco Ltd. added | 199,371 | $17M | 0.5% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 166,042 | $14M | 0.4% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 160,624 | $13M | 0.4% | 2026-Q2 |
| UBS Group AG added | 144,721 | $12M | 0.4% | 2026-Q2 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 137,646 | $12M | 0.4% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 136,208 | $11M | 0.4% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 129,563 | $11M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 124,040 | $10M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 122,920 | $10M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 120,391 | $10M | 0.3% | 2026-Q2 |
| Moody Aldrich Partners LLC trimmed | 114,219 | $10M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 112,026 | $9M | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 100,522 | $8M | 0.3% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 98,830 | $8M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 98,821 | $8M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 97,378 | $8M | 0.3% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 96,081 | $8M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 88,775 | $7M | 0.2% | 2026-Q2 |
| ProShare Advisors LLC added | 88,493 | $7M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 87,667 | $7M | 0.2% | 2026-Q2 |
| Edgestream Partners, L.P. added | 86,698 | $7M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 86,411 | $7M | 0.2% | 2026-Q2 |
| MALTESE CAPITAL MANAGEMENT LLC added | 85,000 | $7M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 83,191 | $7M | 0.2% | 2026-Q2 |
| FOSTER DYKEMA CABOT & PARTNERS, LLC | 82,067 | $7M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 80,704 | $7M | 0.2% | 2026-Q2 |
| Crestwood Advisors Group, LLC trimmed | 80,524 | $7M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 73,806 | $6M | 0.2% | 2026-Q2 |
| Cerity Partners LLC trimmed | 65,348 | $5M | 0.2% | 2026-Q2 |
| ZACKS INVESTMENT MANAGEMENT added | 64,142 | $5M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 63,882 | $5M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 63,582 | $5M | 0.2% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 55,150 | $5M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 54,980 | $5M | 0.1% | 2026-Q2 |
| World Investment Advisors added | 52,329 | $4M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 52,328 | $4M | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 51,361 | $4M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 51,316 | $4M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 51,005 | $4M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 50,988 | $4M | 0.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 50,616 | $4M | 0.1% | 2026-Q2 |
| HOWLAND CAPITAL MANAGEMENT LLC | 49,800 | $4M | 0.1% | 2026-Q2 |
| BROWN ADVISORY INC | 49,022 | $4M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 47,423 | $4M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 46,823 | $4M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 46,190 | $4M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 44,515 | $4M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 44,461 | $4M | 0.1% | 2026-Q2 |
| Siena Capital Partners GP, LLC | 42,370 | $4M | 0.1% | 2026-Q2 |
| ISTHMUS PARTNERS, LLC added | 42,060 | $4M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 41,953 | $4M | 0.1% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 41,015 | $3M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 40,738 | $3M | 0.1% | 2026-Q2 |
| WHITE PINE CAPITAL LLC added | 38,160 | $3M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 37,916 | $3M | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 37,572 | $3M | 0.1% | 2026-Q2 |
| GHP Investment Advisors, Inc. added | 36,112 | $3M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 36,062 | $3M | 0.1% | 2026-Q2 |
| Polaris Capital Management, LLC added | 35,239 | $3M | 0.1% | 2026-Q2 |
| Moors & Cabot, Inc. trimmed | 34,369 | $3M | 0.1% | 2026-Q2 |
| HENNESSY ADVISORS INC | 34,000 | $3M | 0.1% | 2026-Q2 |
| RBF Capital, LLC | 30,000 | $3M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd added | 28,993 | $2M | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 28,797 | $2M | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 28,548 | $2M | 0.1% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 28,389 | $2M | 0.1% | 2026-Q2 |
| SPINNAKER TRUST | 26,835 | $2M | 0.1% | 2026-Q2 |
| GLENMEDE TRUST CO NA added | 25,879 | $2M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.