Who owns INDB (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-Q1 13F filings. 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
58 tracked funds added or opened INDB while 43 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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, VANGUARD GROUP 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 2025-Q4 and 2026-Q1, across 332 tracked filers holding INDB, 150 increased or opened the position and 148 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 2025-Q4 and 2026-Q1 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
- VANGUARD PORTFOLIO MANAGEMENT LLC$249M
- VANGUARD CAPITAL MANAGEMENT LLC$166M
- Channing Capital Management, LLC$71M
- VANGUARD FIDUCIARY TRUST CO$24M
- TWO SIGMA INVESTMENTS, LP$5M
- TUDOR INVESTMENT CORP ET AL$4M
Full exits 8
- VANGUARD GROUP INC$400M
- Azora Capital LP$16M
- Clearbridge Investments, LLC$7M
- BRIDGEWAY CAPITAL MANAGEMENT, LLC$2M
- Brandywine Global Investment Management, LLC$2M
- RENAISSANCE TECHNOLOGIES LLC$1M
Largest adds
- ROCKLAND TRUST CO$18M
- NEW YORK STATE COMMON RETIREMENT FUND$17M
- STATE STREET CORP$9M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$8M
- BANK OF AMERICA CORP /DE/$7M
- CITADEL ADVISORS LLC$7M
Largest trims
- BlackRock, Inc.$131M
- VICTORY CAPITAL MANAGEMENT INC$37M
- GOLDMAN SACHS GROUP INC$18M
- NORGES BANK$16M
- BASSWOOD CAPITAL MANAGEMENT, L.L.C.$14M
- Verition Fund Management LLC$8M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 5,211,701 | $392M | 11.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 3,305,113 | $249M | 7.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,569,926 | $193M | 5.7% | 2026-Q1 |
| STATE STREET CORP added | 2,501,263 | $190M | 5.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,200,845 | $166M | 4.9% | 2026-Q1 |
| ROCKLAND TRUST CO added | 1,470,438 | $111M | 3.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,455,842 | $106M | 3.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,263,589 | $95M | 2.8% | 2026-Q1 |
| DEPRINCE RACE & ZOLLO INC trimmed | 1,036,188 | $78M | 2.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 985,437 | $74M | 2.2% | 2026-Q1 |
| Channing Capital Management, LLC added | 939,667 | $71M | 2.1% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 921,738 | $69M | 2.0% | 2026-Q1 |
| Verition Fund Management LLC trimmed | 700,767 | $53M | 1.5% | 2026-Q1 |
| REINHART PARTNERS, LLC. added | 649,296 | $49M | 1.4% | 2026-Q1 |
| MORGAN STANLEY trimmed | 647,601 | $49M | 1.4% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 600,171 | $45M | 1.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 592,665 | $45M | 1.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 546,863 | $41M | 1.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 534,953 | $40M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 533,519 | $40M | 1.2% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 505,674 | $38M | 1.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 489,649 | $37M | 1.1% | 2026-Q1 |
| NFJ INVESTMENT GROUP, LLC trimmed | 451,749 | $34M | 1.0% | 2026-Q1 |
| NORGES BANK trimmed | 475,641 | $30M | 0.9% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 377,302 | $28M | 0.8% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 340,697 | $26M | 0.8% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 326,881 | $25M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 322,265 | $24M | 0.7% | 2026-Q1 |
| GW&K Investment Management, LLC trimmed | 297,015 | $22M | 0.7% | 2026-Q1 |
| Leeward Investments, LLC - MA trimmed | 266,073 | $20M | 0.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 240,956 | $18M | 0.5% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 221,485 | $17M | 0.5% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 208,449 | $16M | 0.5% | 2026-Q1 |
| Bridgewater Associates, LP trimmed | 205,297 | $15M | 0.5% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 178,611 | $13M | 0.4% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 178,170 | $13M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 177,349 | $13M | 0.4% | 2026-Q1 |
| FJ Capital Management LLC trimmed | 165,653 | $12M | 0.4% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 144,313 | $11M | 0.3% | 2026-Q1 |
| Moody Aldrich Partners LLC trimmed | 144,008 | $11M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 138,018 | $10M | 0.3% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. trimmed | 137,646 | $10M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 135,079 | $10M | 0.3% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 131,818 | $10M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 125,578 | $9M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 113,100 | $9M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 112,662 | $8M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 103,220 | $8M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 99,335 | $7M | 0.2% | 2026-Q1 |
| Fisher Asset Management, LLC trimmed | 99,020 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 97,978 | $7M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 93,030 | $7M | 0.2% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 92,681 | $7M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 89,947 | $7M | 0.2% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 88,013 | $7M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 86,704 | $7M | 0.2% | 2026-Q1 |
| FOSTER DYKEMA CABOT & PARTNERS, LLC | 82,067 | $6M | 0.2% | 2026-Q1 |
| Crestwood Advisors Group, LLC trimmed | 80,608 | $6M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 73,736 | $6M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 71,508 | $5M | 0.2% | 2026-Q1 |
| MALTESE CAPITAL MANAGEMENT LLC added | 69,950 | $5M | 0.2% | 2026-Q1 |
| Cerity Partners LLC trimmed | 69,042 | $5M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 67,738 | $5M | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 65,085 | $5M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 64,277 | $5M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 61,547 | $5M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 59,543 | $4M | 0.1% | 2026-Q1 |
| ZACKS INVESTMENT MANAGEMENT added | 58,088 | $4M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 56,613 | $4M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 55,081 | $4M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 52,338 | $4M | 0.1% | 2026-Q1 |
| World Investment Advisors trimmed | 52,328 | $4M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 51,520 | $4M | 0.1% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC | 49,800 | $4M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 49,629 | $4M | 0.1% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 49,022 | $4M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 44,386 | $3M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 44,027 | $3M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 43,364 | $3M | 0.1% | 2026-Q1 |
| Siena Capital Partners GP, LLC | 42,370 | $3M | 0.1% | 2026-Q1 |
| ISTHMUS PARTNERS, LLC trimmed | 41,904 | $3M | 0.1% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 40,715 | $3M | 0.1% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 40,584 | $3M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 39,668 | $3M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 39,503 | $3M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 37,865 | $3M | 0.1% | 2026-Q1 |
| GHP Investment Advisors, Inc. added | 35,763 | $3M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 35,684 | $3M | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 35,621 | $3M | 0.1% | 2026-Q1 |
| Rafferty Asset Management, LLC trimmed | 34,884 | $3M | 0.1% | 2026-Q1 |
| Moors & Cabot, Inc. trimmed | 34,869 | $3M | 0.1% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 34,000 | $3M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 33,489 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,475,080 | $400M | 11.8% | 2025-Q4 stale |
| MACQUARIE GROUP LTD added | 1,173,681 | $81M | 2.4% | 2025-Q3 stale |
| Boston Trust Walden Corp trimmed | 584,985 | $37M | 1.1% | 2025-Q2 stale |
| Azora Capital LP trimmed | 221,838 | $16M | 0.5% | 2025-Q4 stale |
| Clearbridge Investments, LLC trimmed | 101,746 | $7M | 0.2% | 2025-Q4 stale |
| ALGERT GLOBAL LLC trimmed | 83,629 | $5M | 0.2% | 2025-Q2 stale |
| NUANCE INVESTMENTS, LLC trimmed | 56,138 | $4M | 0.1% | 2025-Q2 stale |
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.