Vault-13

INDEPENDENT BANK GROUP INC IBTX

COM · Common Stock · CUSIP 45384B106

195 institutional holders -18 vs Q1 2024
31,568,41931.6m shares reported held*
$1.4bnreported value*
21 new 65 added 72 reduced 41 sold out net sold ≈ $93.4m (-2.1m shares)

* 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 ($4.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.52. Options: 3 managers hold calls ($860.3k notional), 4 hold puts ($359.4k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 199Q4 22: 181Q1 23: 189Q2 23: 179Q3 23: 185Q4 23: 196Q1 24: 213Q2 24: 195195Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022199
Q4 2022181
Q1 2023189
Q2 2023179
Q3 2023185
Q4 2023196
Q1 2024213
Q2 2024195

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 72 bought or addedQ4 22: 99 cut or sold outQ4 22Q1 23: 104 bought or addedQ1 23: 78 cut or sold outQ2 23: 99 bought or addedQ2 23: 91 cut or sold outQ2 23Q3 23: 86 bought or addedQ3 23: 84 cut or sold outQ4 23: 85 bought or addedQ4 23: 85 cut or sold outQ4 23Q1 24: 95 bought or addedQ1 24: 79 cut or sold outQ2 24: 86 bought or addedQ2 24: 113 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227299
Q1 202310478
Q2 20239991
Q3 20238684
Q4 20238585
Q1 20249579
Q2 202486113

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 23 calls: $992.7kQ3 23 puts: $383.6kQ3 23P/C 0.39Q4 23 calls: $2.5mQ4 23 puts: $386.7kQ4 23P/C 0.16Q1 24 calls: $999.7kQ1 24 puts: $228.1kQ1 24P/C 0.23Q2 24 calls: $860.3kQ2 24 puts: $359.4kQ2 24P/C 0.42
Numbers
QuarterCallsPutsP/C
Q3 2023$992.7k$383.6k0.39
Q4 2023$2.5m$386.7k0.16
Q1 2024$999.7k$228.1k0.23
Q2 2024$860.3k$359.4k0.42

Biggest buyers

Qube Research & Technologies Ltd Added +357,794+357.8k
Balyasny Asset Management L.P. New +325,218+325.2k
Magnetar Financial LLC New +310,765+310.8k
GOLDMAN SACHS GROUP INC Added +307,877+307.9k
Westchester Capital Management, LLC New +263,500+263.5k
STATE STREET CORP Added +147,557+147.6k
CITIGROUP INC Added +96,615+96.6k
Atom Investors LP Added +96,441+96.4k
AQR Arbitrage LLC New +88,168+88.2k
New York Life Investment Management LLC New +83,831+83.8k

Biggest sellers

MORGAN STANLEY Reduced -930,269-930.3k
ROYCE & ASSOCIATES LP Reduced -594,925-594.9k
MILLENNIUM MANAGEMENT LLC Reduced -387,986-388.0k
Hodges Capital Management Inc. Sold out -350,284-350.3k
Holocene Advisors, LP Sold out -332,116-332.1k
CITADEL ADVISORS LLC Reduced -273,702-273.7k
BlackRock Inc. Reduced -208,298-208.3k
FMR LLC Reduced -187,147-187.1k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -167,611-167.6k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -166,345-166.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $792.0k17.4k shares
CITADEL ADVISORS LLC Reduced $68.3k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Parallax Volatility Advisers, L.P. New $227.6k5.0k shares
CITADEL ADVISORS LLC Reduced $72.8k1.6k shares
SIMPLEX TRADING, LLC Reduced $59.0k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 5,645,0145.6m $257.0m $257.0m 0.01% Reduced -208.3k -208,298
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,116,0534.1m $187.4m $187.4m 0.00% Reduced -46.7k -46,722
3 FMR LLC 0.01% of their portfolio BOSTON, MA 3,446,4603.4m $156.9m $156.9m 0.01% Reduced -187.1k -187,147
4 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,316,7432.3m $105.5m $105.5m 0.03% Added +39.1k +39,091
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,016,8802.0m $91.8m $91.8m 0.00% Added +147.6k +147,557
6 MACQUARIE GROUP LTD 0.06% of their portfolio Sydney, NSW 2000, C3 1,123,8861.1m $51.2m $51.2m 0.06% Added +4.2k +4,207
7 FJ Capital Management LLC 5.14% of their portfolio MCLEAN, VA 1,079,4421.1m $49.1m $49.1m 5.14% Reduced -69.1k -69,089
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 863,629863.6k $39.3m $39.3m 0.00% Added +33.7k +33,679
9 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 694,694694.7k $31.6m $31.6m 0.01% Reduced -22.1k -22,107
10 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 607,334607.3k $27.6m $27.6m 0.03% Reduced -167.6k -167,611
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 548,416548.4k $25.0m $25.0m 0.00% Reduced -930.3k -930,269
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 534,908534.9k $24.3m $24.3m 0.00% Added +307.9k +307,877
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 477,982478.0k $21.8m $21.8m 0.00% Added +24.3k +24,347
14 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 430,512430.5k $19.6m $19.6m 0.00% Reduced -324 -324
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 396,446396.4k $18.0m $18.0m 0.00% Reduced -11.0k -11,010
16 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 370,239370.2k $16.9m $16.9m 0.03% Added +357.8k +357,794
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 344,699344.7k $15.7m $15.7m 0.00% Added +60.4k +60,443
18 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 325,218325.2k $14.8m $14.8m 0.04% New
19 Magnetar Financial LLC 0.30% of their portfolio EVANSTON, IL 310,765310.8k $14.1m $14.1m 0.30% New
20 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 301,446301.4k $13.7m $13.7m 0.02% Reduced -119 -119
21 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 268,414268.4k $12.2m $12.2m 0.02% Added +41.6k +41,554
22 Westchester Capital Management, LLC 0.51% of their portfolio VALHALLA, NY 263,500263.5k $12.0m $12.0m 0.51% New
23 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 262,831262.8k $12.0m $12.0m 0.02% Reduced -166.3k -166,345
24 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 191,411191.4k $8.7m $8.7m 0.01% Reduced -388.0k -387,986
25 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 177,604177.6k $8.1m $8.1m 0.00% Reduced -8.9k -8,883
26 PEREGRINE CAPITAL MANAGEMENT LLC 0.22% of their portfolio MINNEAPOLIS, MN 162,246162.2k $7.4m $7.4m 0.22% Reduced -568 -568
27 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 160,562160.6k $7.3m $7.3m 0.01% Added +96.6k +96,615
28 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 150,675150.7k $6.9m $6.9m 0.03% Added +30.5k +30,485
29 Atom Investors LP 0.66% of their portfolio AUSTIN, TX 144,097144.1k $6.6m $6.6m 0.66% Added +96.4k +96,441
30 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.15% of their portfolio HOUSTON, TX 140,262140.3k $6.4m $6.4m 0.15% Added +13.4k +13,398
31 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 137,869137.9k $6.3m $6.3m 0.01% Unchanged
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 126,442126.4k $5.8m $5.8m 0.00% Reduced -11.2k -11,159
33 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio NEW YORK, NY 124,646124.6k $5.7m $5.7m 0.04% Added +43.5k +43,531
34 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 116,182116.2k $5.3m $5.3m 0.01% Reduced -44.1k -44,134
35 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 114,347114.3k $5.2m $5.2m 0.00% Reduced -35 -35
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 112,878112.9k $5.1m $5.1m 0.00% Added +36.1k +36,150
37 CHARTWELL INVESTMENT PARTNERS, LLC 0.18% of their portfolio BERYWN, PA 110,158110.2k $5.0m $5.0m 0.18% Reduced -18.7k -18,681
38 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 103,192103.2k $4.7m $4.7m 0.01% Added +52.6k +52,599
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 101,931101.9k $4.6m $4.6m 0.00% Added +72.3k +72,300
40 Empowered Funds, LLC 0.08% of their portfolio NEWTOWN SQUARE, PA 100,912100.9k $4.6m $4.6m 0.08% Reduced -122.9k -122,916
41 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 100,209100.2k $4.6m $4.6m 0.00% Reduced -78.6k -78,629
42 Legal & General Group Plc 0.00% of their portfolio London, X0 98,30498.3k $4.5m $4.5m 0.00% Reduced -436 -436
43 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 91,60091.6k $4.2m $4.2m 0.01% Reduced -31.0k -31,000
44 AQR Arbitrage LLC 0.10% of their portfolio Greenwich, CT 88,16888.2k $4.0m $4.0m 0.10% New
45 New York Life Investment Management LLC 0.04% of their portfolio New York, NY 83,83183.8k $3.8m $3.8m 0.04% New
46 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 79,24579.2k $3.6m $3.6m 0.02% Added +5.6k +5,623
47 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 77,35277.4k $3.5m $3.5m 0.01% Added +23.6k +23,642
48 Swiss National Bank 0.00% of their portfolio ZURICH, V8 73,22273.2k $3.3m $3.3m 0.00% Unchanged
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 69,98470.0k $3.2m $3.2m 0.00% Reduced -14.7k -14,731
50 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 66,99067.0k $3.0m $3.0m 0.01% Added +10.1k +10,140
51 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 64,83764.8k $3.0m $3.0m 0.00% Added +7.0k +6,951
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 63,57363.6k $2.9m $2.9m 0.00% Added +531 +531
53 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 57,64257.6k $2.6m $2.6m 0.01% Reduced -28.4k -28,441
54 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 52,24352.2k $2.4m $2.4m 0.00% Added +16.3k +16,300
55 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 50,29750.3k $2.3m $2.3m 0.00% Reduced -13.6k -13,642
56 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 46,91146.9k $2.1m $2.1m 0.00% Reduced -2.3k -2,268
57 ROYCE & ASSOCIATES LP 0.02% of their portfolio New York, NY 46,87846.9k $2.1m $2.1m 0.02% Reduced -594.9k -594,925
58 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 46,20146.2k $2.1m $2.1m 0.00% Reduced -20.5k -20,494
59 EJF Capital LP 1.53% of their portfolio Arlington, VA 45,50745.5k $2.1m $2.1m 1.53% Added +33.2k +33,241
60 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 43,23043.2k $2.0m $2.0m 0.00% Unchanged
61 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 41,14141.1k $1.9m $1.9m 0.02% Reduced -18.0k -18,025
62 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 37,32237.3k $1.7m $1.7m 0.00% Added +4.8k +4,837
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 36,17436.2k $1.6m $1.6m 0.00% Reduced -881 -881
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 35,44235.4k $1.6m $1.6m 0.00% Added +4.6k +4,622
65 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 34,63234.6k $1.6m $1.6m 0.00% Reduced -7.1k -7,100
66 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 29,88529.9k $1.4m $1.4m 0.00% Reduced -1.3k -1,272
67 Versor Investments LP 0.24% of their portfolio New York, NY 28,47228.5k $1.3m $1.3m 0.24% New
68 HOWARD FINANCIAL SERVICES, LTD. 0.21% of their portfolio DALLAS, TX 27,93227.9k $1.3m $1.3m 0.21% Added +234 +234
69 Linscomb Wealth, Inc. 0.06% of their portfolio Houston, TX 27,16027.2k $1.2m $1.2m 0.06% Unchanged
70 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 25,41425.4k $1.2m $1.2m 0.01% Added +708 +708
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 24,69624.7k $1.1m $1.1m 0.00% Reduced -273.7k -273,702
72 ClearAlpha Technologies LP 0.44% of their portfolio Greenwich, CT 24,49524.5k $1.1m $1.1m 0.44% New
73 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 23,22023.2k $1.1m $1.1m 0.00% Added +1.2k +1,187
74 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 21,13721.1k $962.0k $962.0k 0.01% Reduced -743 -743
75 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 21,01421.0k $956.6k $956.6k 0.01% First filing
76 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 20,85020.9k $949.1k $949.1k 0.01% Added +2.0k +1,995
77 Illinois Municipal Retirement Fund 0.01% of their portfolio OAK BROOK, IL 20,75820.8k $944.9k $944.9k 0.01% Added +893 +893
78 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 19,97620.0k $909.3k $909.3k 0.00% Reduced -1.5k -1,459
79 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 19,88119.9k $904.9k $904.9k 0.00% Reduced -185 -185
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,84219.8k $903.2k $903.2k 0.00% Added +6.1k +6,135
81 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 19,42119.4k $884.0k $884.0k 0.00% Reduced -211 -211
82 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 19,31419.3k $879.2k $879.2k 0.00% Reduced -17.5k -17,547
83 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 19,09119.1k $869.0k $869.0k 0.01% Added +18.2k +18,185
84 Louisiana State Employees Retirement System 0.02% of their portfolio BATON ROUGE, LA 18,10018.1k $823.9k $823.9k 0.02% Added +300 +300
85 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,94517.9k $817.0k $817.0k 0.00% Reduced -2.5k -2,453
86 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 17,94117.9k $816.7k $816.7k 0.00% Added +3.5k +3,474
87 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 17,89717.9k $814.7k $814.7k 0.00% First filing
88 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 17,79517.8k $810.0k $810.0k 0.00% Added +6.9k +6,896
89 CONTINENTAL ADVISORS LLC 0.63% of their portfolio Park City, UT 17,78517.8k $809.6k $809.6k 0.63% Unchanged
90 WATER ISLAND CAPITAL LLC 0.09% of their portfolio NEW YORK, NY 17,71017.7k $806.2k $806.2k 0.09% New
91 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,00017.0k $773.2k $773.2k 0.00% Reduced -1.5k -1,549
92 AlphaQuest LLC 0.10% of their portfolio New York, NY 16,47316.5k $749.9k $749.9k 0.10% Reduced -2.4k -2,352
93 KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio FORT WORTH, TX 16,00016.0k $728.3k $728.3k 0.00% Unchanged
94 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 15,70515.7k $714.9k $714.9k 0.00% Reduced -1.6k -1,567
95 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 15,65815.7k $712.8k $712.8k 0.00% Added +810 +810
96 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 14,82014.8k $674.6k $674.6k 0.00% Added +305 +305
97 SOUTHSTATE PRIVATE CAPITAL MANAGEMENT LLC 0.13% of their portfolio COLUMBIA, SC 14,81614.8k $674.4k $674.4k 0.13% Reduced -822 -822
98 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 14,73314.7k $670.6k $670.6k 0.00% Reduced -57.4k -57,428
99 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 14,38114.4k $654.6k $654.6k 0.01% Reduced -1.7k -1,726
100 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,10114.1k $641.9k $641.9k 0.00% Added +719 +719