Black Maple Capital Management’s Horizon Bancorp HBNC Stock Holding History

Black Maple 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 Q3	–	Sell	-30,598	Closed	-$471K	–	109
2025 Q2	$471K	Buy	30,598 +10,056	+49%	+$148K	0.21%	55
2025 Q1	$310K	Buy	+20,542	New	+$333K	0.17%	62
2024 Q4	–	Sell	-23,254	Closed	-$362K	–	111
2024 Q3	$362K	Sell	23,254 -32,014	-58%	-$477K	0.24%	67
2024 Q2	$684K	Buy	55,268 +13,896	+34%	+$167K	0.45%	43
2024 Q1	$531K	Buy	41,372 +4,000	+11%	+$51K	0.33%	60
2023 Q4	$535K	Sell	37,372 -3,628	-9%	-$40.9K	0.44%	40
2023 Q3	$438K	Buy	41,000 +23,500	+134%	+$264K	0.3%	47
2023 Q2	$182K	Buy	+17,500	New	+$174K	0.11%	86

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 $332M AUM 17.89% 1-Year Est. Return

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

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

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

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

MCM

Maltese Capital Management New York $508M AUM 21.31% 1-Year Est. Return

Black Maple Capital Management's HBNC Position: Q3 2025 in Review

Black Maple Capital Management sold out of Horizon Bancorp (HBNC) in Q3 2025, closing a stake of 30,598 shares — an estimated $471K sold.

Black Maple Capital Management first reported a position in HBNC in Q2 2023 and held it in 8 quarters. The position peaked at $684K in Q2 2024. 209 funds tracked by Wall St. Rank hold HBNC as of Q3 2025.

Black Maple Capital Management reported no remaining Horizon Bancorp position as of Q3 2025 after selling out during the quarter.
Black Maple Capital Management sold 30,598 Horizon Bancorp shares in Q3 2025, an estimated $471K.
Black Maple Capital Management first reported a position in Horizon Bancorp in Q2 2023 and held it in 8 quarters.
Black Maple Capital Management's Horizon Bancorp position peaked at $684K in Q2 2024.
209 funds tracked by Wall St. Rank held Horizon Bancorp as of Q3 2025.

Based on Black Maple Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.