INDEPENDENT BK CORP MICH IBCP
COM NEW · Common Stock · CUSIP 453838609
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersGrand Rapids, MI
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.1m this quarter). Holder counts are more reliable. Shares outstanding: 22.2m as of 2026-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $36.06. Options: 1 managers hold calls ($3.6k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 123 |
| Q4 2022 | 132 |
| Q1 2023 | 130 |
| Q2 2023 | 121 |
| Q3 2023 | 116 |
| Q4 2023 | 135 |
| Q1 2024 | 134 |
| Q2 2024 | 143 |
| Q3 2024 | 151 |
| Q4 2024 | 174 |
| Q1 2025 | 167 |
| Q2 2025 | 155 |
| Q3 2025 | 166 |
| Q4 2025 | 179 |
| Q1 2026 | 175 |
| Q2 2026 | 185 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 73 | 62 |
| Q4 2024 | 78 | 68 |
| Q1 2025 | 77 | 75 |
| Q2 2025 | 73 | 75 |
| Q3 2025 | 78 | 73 |
| Q4 2025 | 77 | 82 |
| Q1 2026 | 86 | 72 |
| Q2 2026 | 105 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $3.3k | $0 | 0.00 |
| Q1 2026 | $259.7k | $0 | 0.00 |
| Q2 2026 | $3.6k | $0 | 0.00 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +160.5k |
| Qube Research & Technologies Ltd | Added | +130.6k |
| CITADEL ADVISORS LLC | Added | +124.8k |
| SG Americas Securities, LLC | Added | +121.4k |
| STATE STREET CORP | Added | +111.3k |
| BlackRock, Inc. | Added | +91.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +74.7k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +71.7k |
| AMERICAN CENTURY COMPANIES INC | Added | +67.7k |
| MORGAN STANLEY | Added | +66.4k |
Biggest sellers
| FMR LLC | Reduced | -561.0k |
| ALGEBRIS (UK) LTD | Sold out | -178.6k |
| Assenagon Asset Management S.A. | Sold out | -150.4k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -142.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -127.2k |
| JANE STREET GROUP, LLC | Sold out | -66.0k |
| ALGERT GLOBAL LLC | Sold out | -38.4k |
| Y-Intercept (Hong Kong) Ltd | Reduced | -34.1k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -31.7k |
| Point72 Asset Management, L.P. | Reduced | -28.8k |
Biggest calls
| GROUP ONE TRADING LLC | Unchanged | $3.6k100 shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-03-07 | 8.9% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2025-04-15 | 5.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: FMR LLC (2.7%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 2 | $39.8k | 1 | $150.8k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $55.8k | 1 | $198.5k | — |
| Q3 2025 | 1 | $59.3k | 1 | $45.7k | — |
| Q4 2025 | 1 | $15.8k | 2 | $119.3k | — |
| Q1 2026 | 1 | $42.3k | 0 | — | — |
| Q2 2026 | 0 | — | 2 | $136.7k | — |
| Q3 2026 | 0 | — | 3 | $104.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-15 | Kessel William B President & CEO, director | Sold | $74.6k2.0k shares |
| 2026-08-19 | Kreter Kristopher First Vice Pres. & Controller | Sold | $11.1k300 shares |
| 2026-08-10 | TWAROZYNSKI JAMES J Senior Vice President | Sold | $18.4k489 shares |
| 2026-06-09 | Ervin Patrick J Executive Vice President | Sold | $88.5k2.5k shares |
| 2026-05-29 | Kimball Stefanie M Executive Vice President | Sold | $48.2k1.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.0m $107.7m | Added +91.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 890.4k $32.1m | Added +29.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 879.6k $31.7m | Reduced -25.6k |
| STATE STREET CORP 0.00% of their portfolio | 824.5k $29.7m | Added +111.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 781.0k $28.2m | Added +67.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 756.3k $27.3m | Added +160.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 697.7k $25.2m | Added +74.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 617.5k $22.3m | Added +35.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 537.7k $19.4m | Added +34.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 416.0k $15.0m | Reduced -127.2k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 388.3k $14.0m | Reduced -8.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 380.3k $13.7m | Reduced -2.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 346.6k $12.5m | Added +21.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 344.1k $12.4m | Added +30.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 338.6k $12.2m | Added +130.6k |
| Nuveen, LLC 0.00% of their portfolio | 329.5k $11.9m | Reduced -1.3k |
| PL Capital Advisors, LLC 3.20% of their portfolio | 319.0k $11.5m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 318.6k $11.5m | Reduced -31.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 273.1k $9.9m | Reduced -21.4k |
| MORGAN STANLEY 0.00% of their portfolio | 252.5k $9.1m | Added +66.4k |
| CSM Advisors, LLC 0.17% of their portfolio | 223.8k $8.1m | Added +26.3k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 219.9k $7.9m | Reduced -4.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 219.3k $7.9m | Added +19.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 211.2k $7.6m | Added +124.8k |
| FJ Capital Management LLC 0.95% of their portfolio | 203.6k $7.3m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 202.7k $7.3m | Added +21.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 191.8k $6.9m | Added +7.4k |
| ProShare Advisors LLC 0.01% of their portfolio | 191.4k $6.9m | Added +7.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 179.0k $6.5m | Added +43.2k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 167.6k $6.0m | Added +10.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 149.5k $5.4m | Added +2.1k |
| Ategra Capital Management, LLC 2.67% of their portfolio | 139.2k $5.0m | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 138.9k $5.0m | Added +121.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 134.8k $4.9m | Added +1.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 108.2k $3.9m | Reduced -2.3k |
| MALTESE CAPITAL MANAGEMENT LLC 0.70% of their portfolio | 107.0k $3.9m | Added +39.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 103.1k $3.7m | Added +71.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 101.8k $3.7m | Reduced -8.6k |
| UBS Group AG 0.00% of their portfolio | 98.8k $3.6m | Added +48.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 85.0k $3.1m | Added +3.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 81.8k $3.0m | Added +14.9k |
| BARCLAYS PLC 0.00% of their portfolio | 78.0k $2.8m | Added +17.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 76.2k $2.7m | Reduced -14.9k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 74.2k $2.7m | Added +32.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 70.4k $2.5m | Reduced -28.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 68.0k $2.5m | Added +2.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 61.3k $2.2m | Reduced -26.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 58.9k $2.1m | Added +22.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 58.4k $2.1m | New |
| Man Group plc 0.00% of their portfolio | 57.7k $2.1m | Added +15.7k |
| Quantinno Capital Management LP 0.00% of their portfolio | 53.5k $1.9m | Added +20.9k |
| Empowered Funds, LLC 0.01% of their portfolio | 51.6k $1.9m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 47.9k $1.7m | Reduced -790 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 46.8k $1.7m | Added +8.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 43.3k $1.6m | Added +12.9k |
| HRT FINANCIAL LP 0.00% of their portfolio | 43.1k $1.6m | New |
| Swiss National Bank 0.00% of their portfolio | 39.3k $1.4m | Reduced -1.2k |
| Campbell & CO Investment Adviser LLC 0.07% of their portfolio | 38.8k $1.4m | Added +10.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 35.7k $1.3m | Reduced -781 |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 33.5k $1.2m | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 32.5k $1.2m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 31.5k $1.1m | Added +2.9k |
| Invesco Ltd. 0.00% of their portfolio | 30.5k $1.1m | Reduced -1.1k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 30.4k $1.1m | Reduced -34.1k |
| Creative Planning 0.00% of their portfolio | 30.2k $1.1m | Added +4.5k |
| GLOBEFLEX CAPITAL L P 0.13% of their portfolio | 29.2k $1.1m | Unchanged |
| BAILARD, INC. 0.02% of their portfolio | 27.9k $1.0m | Added +2.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 27.7k $999.1k | New |
| HUDSON EDGE INVESTMENT PARTNERS INC. 0.13% of their portfolio | 26.4k $953.1k | Added +5.4k |
| Atom Investors LP 0.08% of their portfolio | 25.2k $910.3k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 24.9k $898.9k | Reduced -864 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.01% of their portfolio | 24.3k $877.6k | Reduced -282 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 24.1k $869.4k | Reduced -629 |
| CITIGROUP INC 0.00% of their portfolio | 23.1k $833.9k | Added +7.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 21.7k $722.4k | Unchanged |
| SummerHaven Investment Management, LLC 0.42% of their portfolio | 21.5k $775.2k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 21.1k $760.0k | Added +2.3k |
| Cetera Investment Advisers 0.00% of their portfolio | 20.4k $735.8k | Added +530 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 18.7k $673.3k | Added +9.1k |
| Mariner, LLC 0.00% of their portfolio | 18.2k $657.7k | Added +4.4k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 17.2k $621.1k | Added +2.8k |
| Legal & General Group Plc 0.00% of their portfolio | 17.0k $613.5k | Reduced -1.2k |
| Odyssean, LLC 0.10% of their portfolio | 16.9k $609.7k | Added +725 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 16.8k $606.3k | Added +9.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 16.1k $580.7k | Reduced -907 |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 14.3k $516.2k | Reduced -1.4k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 14.0k $505.6k | Unchanged |
| Rehmann Capital Advisory Group 0.02% of their portfolio | 13.6k $491.5k | Added +11 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 13.4k $483.6k | Reduced -3 |
| ALLSTATE CORP 0.00% of their portfolio | 12.7k $458.1k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 12.2k $441.3k | Added +4.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 12.1k $434.8k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 11.7k $423.6k | Reduced -47 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 11.4k $412.7k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 10.4k $376.5k | New |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 10.4k $376.0k | New |
| Entropy Technologies, LP 0.01% of their portfolio | 10.4k $375.1k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 10.4k $375.0k | Unchanged |
| Boston Partners 0.00% of their portfolio | 10.1k $365.3k | Reduced -1.3k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 9.9k $358.4k | New |