German American Bancorp
GABC
117 hedge funds and large institutions have $436M invested in German American Bancorp in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 10 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1.14% more ownership
Funds ownership: 43.18% → 44.32% (+1.1%)
0% less capital invested
Capital invested by funds: $437M → $436M (-$1.6M)
1% less funds holding
Funds holding: 118 → 117 (-1)
98% less call options, than puts
Call options by funds: $7K | Put options by funds: $357K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMKC
L.M. Kohn & Company
Cincinnati,
Ohio
|
+$15.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$860K |
| 4 |
Morgan Stanley
New York
|
+$719K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.47M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$2.36M |
| 3 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$2.17M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$2.1M |
| 5 |
Citigroup
New York
|
-$600K |
GABC Hedge Fund Activity: Q1 2023 in Review
117 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q1 2023, worth a combined $436M — down 0.37% from $437M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GABC positions and 10 closed out — a net gain of 2 holders — while 48 added to existing stakes and 35 trimmed.
The largest buyer was L.M. Kohn & Company, opening a new position worth an estimated $15.2M. The largest seller was Goldman Sachs, cutting an estimated $2.47M.
- 117 institutional investors held German American Bancorp (GABC) as of Q1 2023, down from 118 in Q4 2022.
- Funds reported $436M of German American Bancorp stock for Q1 2023, down 0.37% quarter-over-quarter.
- 12 funds opened new German American Bancorp positions in Q1 2023 and 10 closed out, a net change of +2 holders.
- The largest German American Bancorp buyer in Q1 2023 was L.M. Kohn & Company, an estimated $15.2M added.
- The largest German American Bancorp seller in Q1 2023 was Goldman Sachs, an estimated $2.47M sold.
Based on aggregated 13F filings for Q1 2023.