Independent Bank Corporation (IBCP) Ownership
IBCP ownership summary
as of October 18, 2026- Institutions
- 83.2% of shares outstanding
- Insiders
- 4.75% of shares outstanding
- Shares outstanding
- 20.6M
- Float
- 21.6M shares available to trade
- Short interest
- 3.68% 771K shares short
- Days to cover
- 4.10 short interest up 1.8% vs prior month
- Institutions 83.19%
- Insiders 4.75%
- Other investors 12.06%
IBCP top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 13.45% | 3.0M | $106.3M | +91,860 (+3.2%) | June 30, 2026 |
| 2 | Dimensional Fund Advisors, Inc. | 4.01% | 890K | $31.7M | +29,296 (+3.4%) | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 3.96% | 880K | $31.3M | −25,575 (−2.8%) | June 30, 2026 |
| 4 | State Street Corp | 3.71% | 824K | $29.4M | +111,277 (+15.6%) | June 30, 2026 |
| 5 | American Century Companies Inc | 3.52% | 781K | $27.8M | +67,729 (+9.5%) | June 30, 2026 |
| 6 | Acadian Asset Management LLC | 3.41% | 756K | $26.9M | +160,546 (+26.9%) | June 30, 2026 |
| 7 | Charles Schwab Investment Management Inc | 3.14% | 698K | $24.8M | +74,697 (+12.0%) | June 30, 2026 |
| 8 | Renaissance Technologies Corp | 2.78% | 618K | $22.0M | +35,209 (+6.0%) | June 30, 2026 |
| 9 | Geode Capital Management, LLC | 2.42% | 538K | $19.1M | +34,247 (+6.8%) | June 30, 2026 |
| 10 | The Goldman Sachs Group Inc | 1.87% | 416K | $14.8M | −127,163 (−23.4%) | June 30, 2026 |
| 11 | LSV Asset Management | 1.75% | 388K | $13.8M | −8,600 (−2.2%) | June 30, 2026 |
| 12 | Manufacturers Life Insurance Co | 1.71% | 380K | $13.5M | −2,712 (−0.7%) | June 30, 2026 |
| 13 | Vanguard Portfolio Management, LLC | 1.56% | 347K | $12.3M | +21,334 (+6.6%) | June 30, 2026 |
| 14 | JPMorgan Chase & Co | 1.55% | 344K | $12.3M | +30,689 (+9.8%) | June 30, 2026 |
| 15 | Qube Research & Technologies | 1.53% | 339K | $12.1M | +130,649 (+62.8%) | June 30, 2026 |
| 16 | Nuveen, LLC | 1.48% | 330K | $11.7M | −1,339 (−0.4%) | June 30, 2026 |
| 17 | PL Capital Advisors, LLC | 1.44% | 319K | $11.4M | — | June 30, 2026 |
| 18 | Two Sigma Investments LLC | 1.44% | 319K | $11.3M | −31,733 (−9.1%) | June 30, 2026 |
| 19 | Principal Financial Group Inc | 1.23% | 273K | $9.7M | −21,443 (−7.3%) | June 30, 2026 |
| 20 | Morgan Stanley - Brokerage Accounts | 1.14% | 252K | $9.0M | +66,389 (+35.7%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 854K shares and 7 cut 219K.
IBCP top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Avantis US Small Cap Value ETF | 3.23% | 718K | $25.6M | +600 (+0.1%) | September 30, 2026 |
| 2 | Vanguard MStar Total Stk Mkt Idx Invest | 2.80% | 622K | $22.2M | — | August 31, 2026 |
| 3 | Schwab US Dividend Equity ETF™ | 2.80% | 621K | $22.1M | +1,656 (+0.3%) | September 30, 2026 |
| 4 | iShares Russell 2000 ETF | 2.37% | 527K | $18.8M | −6,080 (−1.1%) | September 30, 2026 |
| 5 | State Street® SPDR® S&PRgnllBkgETF | 1.15% | 255K | $9.1M | +7,616 (+3.1%) | September 30, 2026 |
| 6 | JPMorgan Small Cap Blend A | 1.14% | 254K | $9.0M | +6,372 (+2.6%) | August 31, 2026 |
| 7 | Fidelity Small Cap Index | 0.99% | 220K | $7.8M | +713 (+0.3%) | July 31, 2026 |
| 8 | iShares Russell 2000 Value ETF | 0.85% | 189K | $6.7M | +286 (+0.2%) | September 30, 2026 |
| 9 | JHancock Regional Bank A | 0.85% | 189K | $6.7M | — | August 31, 2026 |
| 10 | Allspring Small Company Val | 0.76% | 168K | $6.0M | −4,631 (−2.7%) | September 30, 2026 |
| 11 | JH Financial Opportunities | 0.74% | 164K | $5.8M | — | August 31, 2026 |
| 12 | BlackRock Advantage Small Cap Core Instl | 0.73% | 163K | $5.8M | −79 (−0.0%) | August 31, 2026 |
| 13 | DFA US Targeted Value I | 0.68% | 152K | $5.4M | — | August 31, 2026 |
| 14 | Allspring Small Company Value A | 0.68% | 150K | $5.4M | −4,319 (−2.8%) | September 30, 2026 |
| 15 | Federated Hermes MDT Small Cap Core IS | 0.57% | 128K | $4.5M | +13,776 (+12.1%) | June 30, 2026 |
| 16 | Vanguard Dividend Appreciation ETF | 0.57% | 126K | $4.5M | +9,055 (+7.8%) | September 30, 2026 |
| 17 | Nuveen Quant Small Cap Equity R6 | 0.56% | 124K | $4.4M | — | August 31, 2026 |
| 18 | Vanguard Russell 2000 ETF | 0.52% | 117K | $4.1M | +1,303 (+1.1%) | September 30, 2026 |
| 19 | Schwab US Small-Cap ETF™ | 0.52% | 116K | $4.1M | +72 (+0.1%) | September 30, 2026 |
| 20 | Dimensional US Targeted Value ETF | 0.52% | 115K | $4.1M | — | September 30, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
IBCP insider transactions
latest 5| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2025-11-21 | James J Twarozynski | Sell | $31.64 | 486 | $15,377 |
| 2025-09-03 | Stefanie M Kimball | Sell | $32.64 | 1,400 | $45,696 |
| 2025-08-05 | Gavin A Mohr | Buy | $29.64 | 2,000 | $59,280 |
| 2025-06-13 | Terance L Beia | Buy | $30.65 | 1,821 | $55,814 |
| 2025-04-29 | Michael M Magee Jr | Sell | $31.00 | 6,404 | $198,524 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
IBCP shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns IBCP
Institutional investors own 83.2% of Independent Bank's shares and insiders 4.75%. The largest holder is BlackRock Inc with 13.45% of the shares (3.0M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 7 reduced their stake in the latest filings. Short interest is 3.68% of the float, or 4.10 days of average trading volume. The share count fell 11.2% since 2014.
Related: IBCP analyst forecast, IBCP key metrics, IBCP dividend history. See the IBCP stock overview for the latest quote and news.
IBCP ownership FAQ
Who owns the most Independent Bank stock?
The largest shareholders of Independent Bank are BlackRock Inc (13.45%), Dimensional Fund Advisors, Inc. (4.01%), Vanguard Capital Management, LLC (3.96%), State Street Corp (3.71%), American Century Companies Inc (3.52%).
What percentage of Independent Bank is owned by institutions?
Institutions hold 83.2% of Independent Bank's shares outstanding; insiders hold 4.75%.
Which funds own Independent Bank?
The largest fund holders of Independent Bank are Avantis US Small Cap Value ETF (3.23%), Vanguard MStar Total Stk Mkt Idx Invest (2.80%), Schwab US Dividend Equity ETF™ (2.80%), iShares Russell 2000 ETF (2.37%), State Street® SPDR® S&PRgnllBkgETF (1.15%).
What is Independent Bank's short interest?
771K shares of Independent Bank were sold short, 3.68% of the float; at the average daily volume it would take 4.10 days to cover.
Are insiders buying or selling Independent Bank?
Of the latest 5 reported insider transactions in Independent Bank (since April 29, 2025), 2 were purchases and 3 were sales.
How many shares of Independent Bank are outstanding?
Independent Bank has 20.6M shares outstanding, of which 21.6M are in the public float.