Basswood Capital Management’s Horizon Bancorp HBNC Stock Holding History

Basswood Capital Management’s Portfolio HBNC Stock Details HBNC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-250,000	Closed	-$4M	–	115
2025 Q3	$4M	Buy	+250,000	New	+$4M	0.16%	93
2023 Q1	–	Sell	-125,350	Closed	-$1.89M	–	117
2022 Q4	$1.89M	Buy	+125,350	New	+$2.07M	0.14%	95
2022 Q3	–	Sell	-320,526	Closed	-$5.58M	–	133
2022 Q2	$5.58M	Sell	320,526 -78,653	-20%	-$1.4M	0.35%	68
2022 Q1	$7.45M	Buy	399,179 +285,376	+251%	+$5.92M	0.36%	61
2021 Q4	$2.37M	Buy	+113,803	New	+$2.24M	0.11%	97
2021 Q3	–	Sell	-43,897	Closed	-$765K	–	150
2021 Q2	$765K	Buy	+43,897	New	+$801K	0.03%	141
2016 Q4	–	Sell	-322,234	Closed	-$4.21M	–	163
2016 Q3	$4.21M	Hold	322,234	–	–	0.2%	94
2016 Q2	$3.6M	Sell	322,234 -44,723	-12%	-$486K	0.21%	96
2016 Q1	$4.03M	Buy	366,957 +181,798	+98%	+$2.01M	0.22%	102
2015 Q4	$2.3M	Buy	+185,159	New	+$2.2M	0.12%	136

Other funds holding HBNC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Sapient Capital Indianapolis, Indiana $7.64B AUM 51.51% 1-Year Est. Return

PCA

PL Capital Advisors Naples, Florida $360M AUM 32.54% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Basswood Capital Management's HBNC Position: Q4 2025 in Review

Basswood Capital Management sold out of Horizon Bancorp (HBNC) in Q4 2025, closing a stake of 250,000 shares — an estimated $4M sold.

Basswood Capital Management first reported a position in HBNC in Q4 2015 and held it in 10 quarters. The position peaked at $7.45M in Q1 2022. 204 funds tracked by Wall St. Rank hold HBNC as of Q4 2025.

Basswood Capital Management reported no remaining Horizon Bancorp position as of Q4 2025 after selling out during the quarter.
Basswood Capital Management sold 250,000 Horizon Bancorp shares in Q4 2025, an estimated $4M.
Basswood Capital Management first reported a position in Horizon Bancorp in Q4 2015 and held it in 10 quarters.
Basswood Capital Management's Horizon Bancorp position peaked at $7.45M in Q1 2022.
204 funds tracked by Wall St. Rank held Horizon Bancorp as of Q4 2025.

Based on Basswood Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.