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German American Bancorp

74 hedge funds and large institutions have $136M invested in German American Bancorp in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 14

11% more capital invested

Capital invested by funds: $123M → $136M (+$13.6M)

5% less funds holding

Funds holding: 7874 (-4)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

Holders
74
Holders Change
-4
Holders Change %
-5.13%
% of All Funds
1.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
37
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
51
Wells Fargo
California
$216K +$42K +1,993 +25%
Bank of Montreal
52
Bank of Montreal
Ontario, Canada
$181K
OSAM
53
O'Shaughnessy Asset Management
Connecticut
$168K +$165K +7,830 New
MFS
54
MSI Financial Services
Massachusetts
$125K
Schroder Investment Management Group
55
Schroder Investment Management Group
United Kingdom
$114K +$112K +5,328 New
ST
56
Smithfield Trust
Pennsylvania
$100K
FFC
57
First Financial Corp
Indiana
$97K
Legal & General Group
58
Legal & General Group
United Kingdom
$82K
Deutsche Bank
59
Deutsche Bank
Germany
$73K -$30.9K -1,465 -30%
LTFS
60
Ladenburg Thalmann Financial Services
Florida
$68K
BG
61
BlackRock Group
United Kingdom
$65K +$63.9K +3,029 New
Barclays
62
Barclays
United Kingdom
$65K +$64.1K +3,039 New
Federated Hermes
63
Federated Hermes
Pennsylvania
$56K -$9.68K -459 -15%
Teacher Retirement System of Texas
64
Teacher Retirement System of Texas
Texas
$50K +$12.4K +586 +34%
Ohio Public Employees Retirement System (OPERS)
65
Ohio Public Employees Retirement System (OPERS)
Ohio
$42K +$41.6K +1,974 New
BlackRock
66
BlackRock
New York
$32K +$19K +900 +147%
Bank of America
67
Bank of America
North Carolina
$31K +$19.9K +942 +196%
EARNEST Partners
68
EARNEST Partners
Georgia
$19K
Creative Planning
69
Creative Planning
Kansas
$16K +$464 +22 +3%
UBS Group
70
UBS Group
Switzerland
$12K -$23.3K -1,107 -67%
PNC Financial Services Group
71
PNC Financial Services Group
Pennsylvania
$10K +$84 +4 +0.8%
DA
72
Denali Advisors
California
$4K
Geode Capital Management
73
Geode Capital Management
Massachusetts
$3.03K +$328K +15,537 +12%
CCM
74
Castine Capital Management
Massachusetts
-$2.58M -116,325 Closed
KCM
75
Kennedy Capital Management
Missouri
-$1.81M -81,602 Closed

GABC Hedge Fund Activity: Q1 2016 in Review

74 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q1 2016, worth a combined $136M — up 11% from $123M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GABC and 7 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 37 added.

The largest buyer was Fidelity Investments, adding an estimated $13.5M. The largest seller was Castine Capital Management, exiting entirely with an estimated $2.58M sold.

  • 74 institutional investors held German American Bancorp (GABC) as of Q1 2016, down from 78 in Q4 2015.
  • Funds reported $136M of German American Bancorp stock for Q1 2016, up 11% quarter-over-quarter.
  • 7 funds opened new German American Bancorp positions in Q1 2016 and 11 closed out, a net change of -4 holders.
  • The largest German American Bancorp buyer in Q1 2016 was Fidelity Investments, an estimated $13.5M added.
  • The largest German American Bancorp seller in Q1 2016 was Castine Capital Management, an estimated $2.58M sold.

Based on aggregated 13F filings for Q1 2016.