QSV Equity Investors’s Horizon Bancorp HBNC Stock Holding History

QSV Equity Investors’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	$894K	Sell	52,708 -26,052	-33%	-$431K	1.32%	33
2025 Q3	$1.26M	Hold	78,760	–	–	1.29%	38
2025 Q2	$1.21M	Sell	78,760 -649	-0.8%	-$9.53K	1.26%	39
2025 Q1	$1.2M	Sell	79,409 -186	-0.2%	-$3.02K	1.24%	45
2024 Q4	$1.28M	Hold	79,595	–	–	1.23%	47
2024 Q3	$1.24M	Hold	79,595	–	–	1.16%	51
2024 Q2	$985K	Sell	79,595 -458	-0.6%	-$5.51K	1.03%	56
2024 Q1	$1.03M	Buy	80,053 +122	+0.2%	+$1.56K	0.99%	55
2023 Q4	$1.14M	Buy	+79,931	New	+$902K	1.11%	55

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

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 $145B AUM 34.61% 1-Year Est. Return

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

QSV Equity Investors's HBNC Position: Q4 2025 in Review

QSV Equity Investors reduced its Horizon Bancorp (HBNC) stake by 33% in Q4 2025, selling an estimated $431K and leaving 52,708 shares worth $894K. The position accounts for 1.32% of the portfolio, ranked #33.

QSV Equity Investors first reported a position in HBNC in Q4 2023 and has held it in 9 quarters since. The position peaked at $1.28M in Q4 2024. 204 funds tracked by Wall St. Rank hold HBNC as of Q4 2025.

QSV Equity Investors held 52,708 shares of Horizon Bancorp worth $894K as of Q4 2025.
QSV Equity Investors sold 26,052 Horizon Bancorp shares in Q4 2025, an estimated $431K.
Horizon Bancorp made up 1.32% of QSV Equity Investors's portfolio in Q4 2025, its #33 holding.
QSV Equity Investors first reported a position in Horizon Bancorp in Q4 2023 and has held it in 9 quarters since.
QSV Equity Investors's Horizon Bancorp position peaked at $1.28M in Q4 2024.
204 funds tracked by Wall St. Rank held Horizon Bancorp as of Q4 2025.

Based on QSV Equity Investors's 13F filing for Q4 2025, filed 12 Feb 2026.