Skip to main content Skip to main content
Institutional Ownership · SEC Form 13F

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.

332
Institutional holders
39,675,907
Shares held (tracked funds)
80.6%
Of shares outstanding

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).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed5,211,701$392M11.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new3,305,113$249M7.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,569,926$193M5.7%2026-Q1
STATE STREET CORP added2,501,263$190M5.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new2,200,845$166M4.9%2026-Q1
ROCKLAND TRUST CO added1,470,438$111M3.2%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed1,455,842$106M3.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,263,589$95M2.8%2026-Q1
DEPRINCE RACE & ZOLLO INC trimmed1,036,188$78M2.3%2026-Q1
CITADEL ADVISORS LLC added985,437$74M2.2%2026-Q1
Channing Capital Management, LLC added939,667$71M2.1%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed921,738$69M2.0%2026-Q1
Verition Fund Management LLC trimmed700,767$53M1.5%2026-Q1
REINHART PARTNERS, LLC. added649,296$49M1.4%2026-Q1
MORGAN STANLEY trimmed647,601$49M1.4%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added600,171$45M1.3%2026-Q1
BANK OF AMERICA CORP /DE/ added592,665$45M1.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed546,863$41M1.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added534,953$40M1.2%2026-Q1
NORTHERN TRUST CORP added533,519$40M1.2%2026-Q1
SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed505,674$38M1.1%2026-Q1
Bank of New York Mellon Corp trimmed489,649$37M1.1%2026-Q1
NFJ INVESTMENT GROUP, LLC trimmed451,749$34M1.0%2026-Q1
NORGES BANK trimmed475,641$30M0.9%2026-Q1
FIRST TRUST ADVISORS LP added377,302$28M0.8%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added340,697$26M0.8%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed326,881$25M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new322,265$24M0.7%2026-Q1
GW&K Investment Management, LLC trimmed297,015$22M0.7%2026-Q1
Leeward Investments, LLC - MA trimmed266,073$20M0.6%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added240,956$18M0.5%2026-Q1
Russell Investments Group, Ltd. added221,485$17M0.5%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed208,449$16M0.5%2026-Q1
Bridgewater Associates, LP trimmed205,297$15M0.5%2026-Q1
Qube Research & Technologies Ltd added178,611$13M0.4%2026-Q1
SG Americas Securities, LLC trimmed178,170$13M0.4%2026-Q1
Public Sector Pension Investment Board added177,349$13M0.4%2026-Q1
FJ Capital Management LLC trimmed165,653$12M0.4%2026-Q1
PRUDENTIAL FINANCIAL INC added144,313$11M0.3%2026-Q1
Moody Aldrich Partners LLC trimmed144,008$11M0.3%2026-Q1
RHUMBLINE ADVISERS trimmed138,018$10M0.3%2026-Q1
BASSWOOD CAPITAL MANAGEMENT, L.L.C. trimmed137,646$10M0.3%2026-Q1
Invesco Ltd. trimmed135,079$10M0.3%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. added131,818$10M0.3%2026-Q1
UBS Group AG trimmed125,578$9M0.3%2026-Q1
Legal & General Group Plc trimmed113,100$9M0.2%2026-Q1
Nuveen, LLC added112,662$8M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added103,220$8M0.2%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added99,335$7M0.2%2026-Q1
Fisher Asset Management, LLC trimmed99,020$7M0.2%2026-Q1
Swiss National Bank trimmed97,978$7M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed93,030$7M0.2%2026-Q1
CIBC WORLD MARKET INC. added92,681$7M0.2%2026-Q1
California Public Employees Retirement System added89,947$7M0.2%2026-Q1
ProShare Advisors LLC trimmed88,013$7M0.2%2026-Q1
SEI INVESTMENTS CO added86,704$7M0.2%2026-Q1
FOSTER DYKEMA CABOT & PARTNERS, LLC82,067$6M0.2%2026-Q1
Crestwood Advisors Group, LLC trimmed80,608$6M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC added73,736$6M0.2%2026-Q1
FRANKLIN RESOURCES INC added71,508$5M0.2%2026-Q1
MALTESE CAPITAL MANAGEMENT LLC added69,950$5M0.2%2026-Q1
Cerity Partners LLC trimmed69,042$5M0.2%2026-Q1
JPMORGAN CHASE & CO trimmed67,738$5M0.1%2026-Q1
TWO SIGMA INVESTMENTS, LP added65,085$5M0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added64,277$5M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added61,547$5M0.1%2026-Q1
JANE STREET GROUP, LLC added59,543$4M0.1%2026-Q1
ZACKS INVESTMENT MANAGEMENT added58,088$4M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added56,613$4M0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added55,081$4M0.1%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD trimmed52,338$4M0.1%2026-Q1
World Investment Advisors trimmed52,328$4M0.1%2026-Q1
TUDOR INVESTMENT CORP ET AL added51,520$4M0.1%2026-Q1
HOWLAND CAPITAL MANAGEMENT LLC49,800$4M0.1%2026-Q1
CANADA LIFE ASSURANCE Co trimmed49,629$4M0.1%2026-Q1
BROWN ADVISORY INC trimmed49,022$4M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new44,386$3M0.1%2026-Q1
DEUTSCHE BANK AG\ added44,027$3M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH trimmed43,364$3M0.1%2026-Q1
Siena Capital Partners GP, LLC42,370$3M0.1%2026-Q1
ISTHMUS PARTNERS, LLC trimmed41,904$3M0.1%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed40,715$3M0.1%2026-Q1
Pathstone Holdings, LLC trimmed40,584$3M0.1%2026-Q1
CITIGROUP INC trimmed39,668$3M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added39,503$3M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added37,865$3M0.1%2026-Q1
GHP Investment Advisors, Inc. added35,763$3M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed35,684$3M0.1%2026-Q1
CAPTRUST FINANCIAL ADVISORS added35,621$3M0.1%2026-Q1
Rafferty Asset Management, LLC trimmed34,884$3M0.1%2026-Q1
Moors & Cabot, Inc. trimmed34,869$3M0.1%2026-Q1
HENNESSY ADVISORS INC trimmed34,000$3M0.1%2026-Q1
Thrivent Financial for Lutherans trimmed33,489$3M0.1%2026-Q1
VANGUARD GROUP INC trimmed5,475,080$400M11.8%2025-Q4 stale
MACQUARIE GROUP LTD added1,173,681$81M2.4%2025-Q3 stale
Boston Trust Walden Corp trimmed584,985$37M1.1%2025-Q2 stale
Azora Capital LP trimmed221,838$16M0.5%2025-Q4 stale
Clearbridge Investments, LLC trimmed101,746$7M0.2%2025-Q4 stale
ALGERT GLOBAL LLC trimmed83,629$5M0.2%2025-Q2 stale
NUANCE INVESTMENTS, LLC trimmed56,138$4M0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership