Meritage Portfolio Management’s Horizon Bancorp HBNC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-14,490	Closed	-$232K	–	327
2025 Q3	$232K	Sell	14,490 -7,786	-35%	-$125K	0.02%	304
2025 Q2	$343K	Sell	22,276 -1,215	-5%	-$17.8K	0.02%	273
2025 Q1	$354K	Buy	23,491 +1,231	+6%	+$20K	0.02%	273
2024 Q4	$359K	Buy	22,260 +2,464	+12%	+$41.3K	0.02%	276
2024 Q3	$308K	Buy	19,796 +1,658	+9%	+$24.7K	0.02%	298
2024 Q2	$224K	Sell	18,138 -11	-0.1%	-$132	0.01%	316
2024 Q1	$233K	Sell	18,149 -1,046	-5%	-$13.3K	0.01%	317
2023 Q4	$275K	Buy	19,195 +404	+2%	+$4.56K	0.02%	305
2023 Q3	$201K	Sell	18,791 -683	-4%	-$7.67K	0.01%	320
2023 Q2	$203K	Buy	19,474 +3,181	+20%	+$31.6K	0.01%	331
2023 Q1	$180K	Sell	16,293 -562	-3%	-$8.07K	0.01%	304
2022 Q4	$254K	Buy	16,855 +580	+4%	+$9.57K	0.02%	273
2022 Q3	$292K	Buy	16,275 +52	+0.3%	+$978	0.02%	254
2022 Q2	$283K	Sell	16,223 -7	-0%	-$125	0.02%	254
2022 Q1	$303K	Buy	16,230 +1,680	+12%	+$34.8K	0.02%	269
2021 Q4	$303K	Buy	14,550 +746	+5%	+$14.7K	0.02%	260
2021 Q3	$251K	Buy	+13,804	New	+$239K	0.02%	270