Independent Bank Ownership | Who Owns Independent Bank?

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Independent Bank Ownership Summary

Independent Bank is owned by 90.83% institutional investors, 0.78% insiders, and 8.39% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 14.44% of INDB shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 5.78% of its assets in Independent Bank shares.

INDB Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Independent Bank	90.83%	0.78%	8.39%
Sector	Financial Services Stocks	51.64%	15.54%	32.82%
Industry	Regional Banks Stocks	53.95%	12.38%	33.68%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	6.16M	14.44%	$387.07M
Blackrock	6.07M	14.26%	$307.78M
Vanguard group	5.02M	11.81%	$322.11M
State street	2.36M	5.55%	$119.87M
Dimensional fund advisors lp	2.32M	5.46%	$148.83M
Deprince race & zollo	1.04M	2.44%	$65.40M
Geode capital management	1.01M	2.38%	$65.03M
Macquarie group	961.60K	2.26%	$61.73M
Victory capital management	902.09K	2.12%	$57.91M
Verition fund management	804.12K	1.89%	$50.57M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Fj capital management	649.32K	4.33%	$40.83M
Rockland trust	731.27K	2.11%	$43.27M
Moody aldrich partners	143.47K	1.75%	$9.02M
Deprince race & zollo	1.04M	1.36%	$65.40M
Dean capital management	45.66K	1.18%	$2.87M
Siena capital partners gp	60.00K	1.12%	$3.76M
Basswood capital management	317.31K	0.92%	$19.95M
Excalibur management	22.85K	0.58%	$1.47M
Maltese capital management	65.00K	0.57%	$4.09M
Leeward investments, llc - ma	174.26K	0.56%	$11.19M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	448.83K	0.00%	448.83K
Basswood capital management	317.31K	0.92%	177.24K
Fj capital management	649.32K	4.33%	135.75K
Verition fund management	804.12K	0.23%	132.19K
Rockland trust	731.27K	2.11%	127.33K

Top Sellers

Holder	Shares	% Assets	Change
Palisade capital management, lp	-	-	-456.75K
Blackrock	6.07M	0.01%	-212.89K
Victory capital management	902.09K	0.06%	-137.60K
Millennium management	15.46K	0.00%	-121.86K
American century companies	346.30K	0.01%	-118.10K

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	448.83K	0.00%	448.83K	$28.81M
Glenmede investment management, lp	18.65K	0.01%	18.65K	$1.17M
Edgestream partners	15.04K	0.03%	15.04K	$946.11K
Jump financial	8.31K	0.01%	8.31K	$522.39K
Gamco investors, inc. et al	6.37K	0.00%	6.37K	$400.43K

Sold Out

Holder	Change
Picton mahoney asset management	-1.00
Golden state wealth management	-2.00
Tfo-tdc	-2.00
Claris advisors, llc / mo /	-2.00
Mendota financial group	-3.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2025	290	0.69%	38,714,374	5.64%	90	1.22%	141	5.22%	93	-4.12%
Mar 31, 2025	10	-96.50%	401,068	-98.87%	-	0.01%	7	-94.35%	2	-98.13%
Dec 31, 2024	193	-33.22%	25,307,080	-25.58%	59	0.93%	81	-39.10%	73	-33.64%
Sep 30, 2024	289	3.58%	34,004,064	-2.09%	80	1.20%	133	0.76%	110	10.00%
Jun 30, 2024	273	-0.36%	34,695,793	1.81%	81	1.27%	130	7.44%	98	-3.92%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Small-Cap ETF	2.90M	5.78%	426.00
Vanguard Total Stock Mkt Idx Inv	1.50M	2.99%	-58.37K
Vanguard US Total Market Shares ETF	1.24M	2.91%	-80.04K
Vanguard Small Cap Index	1.16M	2.31%	114.26K
iShares Russell 2000 ETF	1.15M	2.29%	-21.73K
Delaware Small Cap Core I	789.05K	1.86%	-4.89K
Macquarie Small Cap Core I	880.70K	1.76%	57.13K
Vanguard Small Cap Value Index Inv	744.14K	1.48%	79.67K
DFA US Small Cap Value I	578.51K	1.15%	-
Victory Sycamore Small Company Opp R	485.00K	1.14%	-375.00K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Sep 10, 2025	ANSIN KEN S	-	Sell	$1.74M
Sep 09, 2025	ANSIN KEN S	-	Sell	$1.75M
Aug 14, 2025	OBrien Daniel F	-	Sell	$252.88K
Aug 12, 2025	Nadeau Gerard F	-	Sell	$231.00K
Aug 13, 2025	Nadeau Gerard F	-	Sell	$101.27K

Insider Transactions Trends

Date	Buy	Sell
2025 Q3	-	5
2025 Q2	-	2
2025 Q1	-	1
2024 Q2	-	1
2024 Q1	1	2

INDB Ownership FAQ

Who Owns Independent Bank?

Independent Bank shareholders are primarily institutional investors at 90.83%, followed by 0.78% insiders and 8.39% retail investors. The average institutional ownership in Independent Bank's industry, Regional Banks Stocks, is 53.95%, which Independent Bank exceeds.

Who owns the most shares of Independent Bank?

Independent Bank’s largest shareholders are Blackrock funding, inc. /de (6.16M shares, 14.44%), Blackrock (6.07M shares, 14.26%), and Vanguard group (5.02M shares, 11.81%). Together, they hold 40.51% of Independent Bank’s total shares outstanding.

Does Blackrock own Independent Bank?

Yes, BlackRock owns 14.26% of Independent Bank, totaling 6.07M shares as of Jun 2024. This represents 0.01% of BlackRock's total assets, with a market value of 307.78M$. In the last quarter, BlackRock decreased its holdings by -213K shares, a -3.39% change.

Who is Independent Bank’s biggest shareholder by percentage of total assets invested?

Fj capital management is Independent Bank’s biggest shareholder by percentage of total assets invested, with 4.33% of its assets in 649.32K Independent Bank shares, valued at 40.83M$.

Who is the top mutual fund holder of Independent Bank shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of Independent Bank shares, with 5.78% of its total shares outstanding invested in 2.9M Independent Bank shares.

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