Independent Bank Corporation
US ˙ NasdaqGS ˙ US4538386099

SecurityIBCP / Independent Bank Corporation
InstitutionLsv Asset Management
Latest Disclosed Ownership396,893 shares
Latest Disclosed Value $ 13,217
Lsv Asset Management reports 2.72% decrease in ownership of IBCP / Independent Bank Corporation

On May 11, 2026 - Lsv Asset Management filed a 13F-HR form disclosing ownership of 396,893 shares of Independent Bank Corporation (US:IBCP) valued at $13,216,537 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 407,993 shares of Independent Bank Corporation. This represents a change in shares of -2.72% during the quarter. The current value of the position is $13,724,560 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F Independent Bank COM 453838609 396,893 -11,100 -2.72 13 0.00 0.0285
2026-02-06 2025-12-31 13F Independent Bank COM 453838609 407,993 -32,620 -7.40 13 0.00 0.0289
2025-11-06 2025-09-30 13F Independent Bank COM 453838609 440,613 -24,157 -5.20 14 -13.33 0.0301
2025-08-11 2025-06-30 13F Independent Bank COM 453838609 464,770 4,744 1.03 15 7.14 0.0353
2025-05-09 2025-03-31 13F Independent Bank COM 453838609 460,026 40,856 9.75 14 0.00 0.0340
2025-02-13 2024-12-31 13F Independent Bank COM 453838609 419,170 -48,100 -10.29 15 -6.67 0.0337
2024-11-12 2024-09-30 13F Independent Bank COM 453838609 467,270 -58,100 -11.06 16 7.14 0.0334
2024-08-06 2024-06-30 13F Independent Bank COM 453838609 525,370 0 0.00 14 7.69 0.0311
2024-05-06 2024-03-31 13F Independent Bank COM 453838609 525,370 -11,500 -2.14 13 0.00 0.0276
2024-02-06 2023-12-31 13F Independent Bank COM 453838609 536,870 -37,807 -6.58 14 30.00 0.0305
2023-11-03 2023-09-30 13F Independent Bank COM 453838609 574,677 -2,600 -0.45 11 11.11 0.0245
2023-08-02 2023-06-30 13F Independent Bank COM 453838609 577,277 -5,093 -0.87 10 -10.00 0.0216
2023-05-02 2023-03-31 13F Independent Bank COM 453838609 582,370 -46,230 -7.35 10 -33.33 0.0232
2023-02-08 2022-12-31 13F Independent Bank COM 453838609 628,600 -42,070 -6.27 15 -99.88 0.0332
2022-11-07 2022-09-30 13F/A-1 Independent Bank COM 453838609 670,670 -27,600 -3.95 12,810 -4.85 0.0301
2022-11-04 2022-09-30 13F Independent Bank COM 453838609 698,270 0 13,463 0.0291
2022-08-10 2022-06-30 13F Independent Bank COM 453838609 698,270 -7,500 -1.06 13,463 -13.29 0.0291
2022-05-12 2022-03-31 13F Independent Bank COM 453838609 705,770 -24,400 -3.34 15,527 -10.91 0.0285
2022-01-28 2021-12-31 13F Independent Bank COM 453838609 730,170 -74,900 -9.30 17,429 0.79 0.0309
2021-11-04 2021-09-30 13F Independent Bank COM 453838609 805,070 -8,800 -1.08 17,292 -2.13 0.0313
2021-08-04 2021-06-30 13F Independent Bank COM 453838609 813,870 -3,730 -0.46 17,669 -8.58 0.0300
2021-04-30 2021-03-31 13F Independent Bank COM 453838609 817,600 -11,100 -1.34 19,328 26.28 0.0330
2021-02-08 2020-12-31 13F Independent Bank COM 453838609 828,700 -13,300 -1.58 15,306 44.63 0.0278
2020-10-23 2020-09-30 13F Independent Bank COM 453838609 842,000 -26,800 -3.08 10,583 -17.97 0.0216
2020-08-05 2020-06-30 13F Independent Bank COM 453838609 868,800 -28,600 -3.19 12,901 11.71 0.0267
2020-05-07 2020-03-31 13F Independent Bank COM 453838609 897,400 -3,600 -0.40 11,549 -43.41 0.0279
2020-02-10 2019-12-31 13F Independent Bank COM 453838609 901,000 53,200 6.28 20,407 12.93 0.0318
2019-11-07 2019-09-30 13F Independent Bank COM 453838609 847,800 78,500 10.20 18,070 7.80 0.0299
2019-08-08 2019-06-30 13F/A-1 Independent Bank COM 453838609 769,300 24,100 3.23 16,763 4.63 0.0270
2019-08-07 2019-06-30 13F Independent Bank COM 453838609 745,200 0 16,021
2019-05-07 2019-03-31 13F Independent Bank COM 453838609 745,200 185,679 33.19 16,021 36.22 0.0257
2019-02-05 2018-12-31 13F Independent Bank COM 453838609 559,521 0 0.00 11,761 -11.12 0.0209
2018-11-06 2018-09-30 13F Independent Bank COM 453838609 559,521 -4,200 -0.75 13,232 -7.94 0.0198
2018-08-08 2018-06-30 13F Independent Bank COM 453838609 563,721 -21,800 -3.72 14,374 7.20 0.0225
2018-05-04 2018-03-31 13F Independent Bank COM 453838609 585,521 212,200 56.84 13,408 60.71 0.0213
2018-01-31 2017-12-31 13F Independent Bank COM 453838609 373,321 31,200 9.12 8,343 7.67 0.0132
2017-11-13 2017-09-30 13F Independent Bank COM 453838609 342,121 -2,600 -0.75 7,749 3.36 0.0128
2017-08-09 2017-06-30 13F Independent Bank COM 453838609 344,721 5,121 1.51 7,497 6.66 0.0134
2017-05-01 2017-03-31 13F Independent Bank COM 453838609 339,600 109,700 47.72 7,029 40.92 0.0128
2017-02-07 2016-12-31 13F Independent Bank COM 453838609 229,900 24,900 12.15 4,988 44.58 0.0092
2016-11-07 2016-09-30 13F Independent Bank COM 453838609 205,000 30,400 17.41 3,450 36.20 0.0068
2016-08-05 2016-06-30 13F Independent Bank COM 453838609 174,600 139,300 394.62 2,533 393.76 0.0052
2016-05-10 2016-03-31 13F Independent Bank COM 453838609 35,300 -5,700 -13.90 513 -17.79 0.0011
2016-02-03 2015-12-31 13F Independent Bank COM 453838609 41,000 -24,888 -37.77 624 -35.80 0.0014
2015-11-05 2015-09-30 13F Independent Bank COM 453838609 65,888 -41,300 -38.53 972 -33.10 0.0022
2015-08-07 2015-06-30 13F Independent Bank COM 453838609 107,188 0 0.00 1,453 5.67 0.0030
2015-05-06 2015-03-31 13F Independent Bank COM 453838609 107,188 107,188 0.00 1,375 0.0029
2015-02-04 2014-12-31 13F Independent Bank COM 453838609 0 -41,500 -100.00 0 -100.00
2014-11-12 2014-09-30 13F Independent Bank COM 453838609 41,500 41,500 223.49 494 285.94 0.0011
2014-02-05 2013-12-31 13F Independent Bank COM 453838609 0 -12,829 -100.00 0 -100.00
2013-11-08 2013-09-30 13F Independent Bank COM 453838609 12,829 0 0.00 128 60.00 0.0003
2013-08-12 2013-06-30 13F Independent Bank COM 453838609 12,829 12,829 80 0.0002
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.