Independent Bank Ownership | Who Owns Independent Bank?

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Independent Bank Ownership Summary

Independent Bank is owned by 32.09% institutional investors, 1.62% insiders, and 66.30% 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 6.19% of its assets in Independent Bank shares.

INDB Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Independent Bank	32.09%	1.62%	66.30%
Sector	Financial Services Stocks	37.05%	15.59%	47.36%
Industry	Regional Banks Stocks	38.44%	12.57%	48.99%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	7.14M	14.44%	$537.17M
Blackrock	6.07M	14.26%	$307.78M
Vanguard group	5.87M	11.88%	$429.25M
Dimensional fund advisors lp	2.57M	5.20%	$193.28M
State street	2.50M	5.06%	$189.71M
Rockland trust	1.47M	2.97%	$110.59M
Alliancebernstein	1.46M	2.94%	$106.39M
Geode capital management	1.26M	2.56%	$95.05M
Deprince race & zollo	1.04M	2.10%	$77.93M
Citadel advisors	985.44K	1.99%	$74.11M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Rockland trust	1.47M	4.43%	$110.59M
Moody aldrich partners	144.01K	1.95%	$10.83M
Channing capital management	939.67K	1.81%	$70.67M
Deprince race & zollo	1.04M	1.47%	$77.93M
Reinhart partners	649.30K	1.40%	$48.83M
Fj capital management	165.65K	1.40%	$12.46M
Nfj investment group	451.75K	1.29%	$33.98M
Maltese capital management	69.95K	1.04%	$5.26M
Leeward investments, llc - ma	266.07K	0.99%	$20.01M
Siena capital partners gp	42.37K	0.83%	$3.19M

Top Buyers

Holder	Shares	% Assets	Change
Channing capital management	939.67K	1.81%	939.67K
Norges bank	631.04K	0.00%	631.04K
Vanguard fiduciary trust	322.26K	0.01%	322.26K
New york state common retirement fund	340.70K	0.04%	228.24K
Rockland trust	1.47M	4.43%	208.82K

Top Sellers

Holder	Shares	% Assets	Change
Macquarie group	-	-	-1.17M
Boston trust walden	-	-	-584.99K
Victory capital management	208.45K	0.01%	-508.42K
Palisade capital management, lp	-	-	-456.75K
Goldman sachs group	546.86K	0.00%	-263.29K

New Positions

Holder	Shares	% Assets	Change	Value
Channing capital management	939.67K	1.81%	939.67K	$70.67M
Norges bank	631.04K	0.00%	631.04K	$46.12M
Vanguard fiduciary trust	322.26K	0.01%	322.26K	$24.24M
Two sigma investments, lp	65.08K	0.00%	65.08K	$4.90M
Tudor investment corp et al	51.52K	0.01%	51.52K	$3.87M

Sold Out

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

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Mar 31, 2026	182	-42.77%	15,867,771	-62.25%	32	0.44%	77	-50.00%	64	-42.86%
Dec 31, 2025	227	-25.33%	31,590,251	-22.82%	63	0.69%	103	-44.92%	83	27.69%
Sep 30, 2025	293	-	40,845,175	5.32%	95	1.16%	181	28.37%	64	-32.63%
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%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Small-Cap ETF	3.00M	6.19%	-
Vanguard Total Stock Mkt Idx Inv	1.57M	3.23%	5.52K
Vanguard US Total Market Shares ETF	1.24M	2.91%	-80.04K
iShares Russell 2000 ETF	1.18M	2.44%	-
Vanguard Small Cap Index	1.14M	2.36%	-2.84K
Macquarie Small Cap Core I	971.67K	1.95%	90.98K
Delaware Small Cap Core I	789.05K	1.86%	-4.89K
Vanguard Small Cap Value Index Inv	733.25K	1.51%	4.85K
Nomura Small Cap Core I	730.05K	1.51%	-23.24K
Nomura US Small Cap Core Equity	730.05K	1.50%	729.98K

Recent Insider Transactions

Date	Name	Role	Activity	Value
May 18, 2026	LERNER JOSEPH C	-	Sell	$218.95K
Feb 06, 2026	MORRISSEY JOHN J	-	Sell	$170.37K
Feb 04, 2026	Abelli Donna L	-	Sell	$44.52K
Dec 05, 2025	Venables Thomas R	-	Sell	$29.94K
Dec 03, 2025	Nadeau Gerard F	-	Sell	$148.23K

Insider Transactions Trends

Date	Buy	Sell
2026 Q2	-	-
2026 Q1	-	2
2025 Q4	-	5
2025 Q3	-	5
2025 Q2	-	2

INDB Ownership FAQ

Who Owns Independent Bank?

Independent Bank shareholders are primarily institutional investors at 32.09%, followed by 1.62% insiders and 66.29% retail investors. The average institutional ownership in Independent Bank's industry, Regional Banks Stocks, is 38.44%, which Independent Bank falls below.

Who owns the most shares of Independent Bank?

Independent Bank’s largest shareholders are Blackrock funding, inc. /de (7.14M shares, 14.44%), Blackrock (6.07M shares, 14.26%), and Vanguard group (5.87M shares, 11.88%). Together, they hold 40.58% 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 4.43% of its assets in 1.47M Independent Bank shares, valued at 110.59M$.

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 6.19% of its total shares outstanding invested in 3M Independent Bank shares.

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