Independent Bank Ownership | Who Owns Independent Bank?


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Independent Bank Ownership Summary


Independent Bank is owned by 0.94% institutional investors, 0.90% insiders, and 98.16% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 14.67% of INDB shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.07% of its assets in Independent Bank shares.

INDB Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockIndependent Bank0.94%0.90%98.16%
SectorFinancial Services Stocks 71.97%15.45%12.58%
IndustryRegional Banks Stocks38.06%12.02%49.92%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de6.23M14.67%$400.18M
Blackrock6.07M14.26%$307.78M
Vanguard group5.02M11.81%$322.11M
State street2.36M5.55%$119.87M
Dimensional fund advisors lp2.32M5.46%$148.83M
Geode capital management1.01M2.38%$65.03M
Macquarie group961.60K2.26%$61.73M
Deprince race & zollo948.24K2.23%$60.87M
Victory capital management902.09K2.12%$57.91M
Morgan stanley694.40K1.63%$35.22M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Rockland trust605.18K1.98%$38.85M
Moody aldrich partners150.04K1.78%$9.63M
Deprince race & zollo948.24K1.21%$60.87M
Siena capital partners gp60.00K1.12%$3.76M
Angel oak capital advisors10.00K0.85%$641.90K
Dean capital management11.88K0.78%$602.65K
Excalibur management22.85K0.58%$1.47M
Leeward investments, llc - ma174.26K0.56%$11.19M
Maltese capital management50.00K0.51%$3.13M
Basswood capital management140.06K0.49%$8.77M

Top Buyers

HolderShares% AssetsChange
Deprince race & zollo948.24K1.21%827.79K
Norges bank448.83K0.00%448.83K
Verition fund management510.66K0.13%378.22K
Basswood capital management140.06K0.49%140.06K
Russell investments group162.21K0.01%121.91K

Top Sellers

HolderShares% AssetsChange
Palisade capital management, lp---456.75K
Silvercrest asset management group693.24K0.24%-295.17K
Blackrock6.07M0.01%-212.89K
Victory capital management902.09K0.06%-137.60K
Millennium management15.46K0.00%-121.86K

New Positions

HolderShares% AssetsChangeValue
Norges bank448.83K0.00%448.83K$28.81M
Basswood capital management140.06K0.49%140.06K$8.77M
Raymond james financial25.64K0.00%25.64K$1.65M
Intech investment management16.36K0.01%16.36K$829.78K
Natixis advisors11.25K0.00%11.25K$722.00K

Sold Out

HolderChange
Picton mahoney asset management-1.00
Tfo-tdc-2.00
Claris advisors, llc / mo /-2.00
Mendota financial group-3.00
Ifp advisors-7.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 202510-96.50%401,068-98.87%-0.01%7-94.35%2-98.13%
Dec 31, 2024193-33.22%25,307,080-25.58%590.93%81-39.10%73-33.64%
Sep 30, 20242893.58%34,004,064-2.09%801.20%1330.76%11010.00%
Jun 30, 2024273-0.36%34,695,7931.81%811.27%1307.44%98-3.92%
Mar 31, 20242747.03%34,077,821-3.58%801.21%12119.80%102-6.42%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF2.59M6.07%-
Vanguard Total Stock Mkt Idx Inv1.37M3.21%4.75K
Vanguard US Total Market Shares ETF1.24M2.91%-80.04K
iShares Russell 2000 ETF1.10M2.58%-
Vanguard Small Cap Index1.07M2.50%5.23K
Macquarie Small Cap Core I812.13K1.91%23.08K
Delaware Small Cap Core I789.05K1.86%-4.89K
Vanguard Small Cap Value Index Inv689.61K1.62%2.16K
Vanguard Institutional Extnd Mkt Idx Tr660.10K1.55%650.00
DFA US Small Cap Value I578.51K1.36%-

Recent Insider Transactions


DateNameRoleActivityValue
Jun 10, 2025MISKELL EILEEN C-Sell$61.61K
Feb 11, 2025Abelli Donna L-Sell$44.82K
Jun 03, 2024MISKELL EILEEN C-Sell$56.95K
Mar 01, 2024Ruggiero Mark J CFO & EVP Consumer LendingBuy$25.54K
Feb 29, 2024Abelli Donna L-Sell$42.26K

Insider Transactions Trends


DateBuySell
2025 Q2-1
2025 Q1-1
2024 Q2-1
2024 Q112
2023 Q421

INDB Ownership FAQ


Who Owns Independent Bank?

Independent Bank shareholders are primarily institutional investors at 0.94%, followed by 0.90% insiders and 98.16% retail investors. The average institutional ownership in Independent Bank's industry, Regional Banks Stocks, is 38.06%, which Independent Bank falls below.

Who owns the most shares of Independent Bank?

Independent Bank’s largest shareholders are Blackrock funding, inc. /de (6.23M shares, 14.67%), Blackrock (6.07M shares, 14.26%), and Vanguard group (5.02M shares, 11.81%). Together, they hold 40.74% 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?

Rockland trust is Independent Bank’s biggest shareholder by percentage of total assets invested, with 1.98% of its assets in 605.18K Independent Bank shares, valued at 38.85M$.

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 6.07% of its total shares outstanding invested in 2.59M Independent Bank shares.

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