German American Bancorp
GABC
78 hedge funds and large institutions have $123M invested in German American Bancorp in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
27% more capital invested
Capital invested by funds: $96.3M → $123M (+$26.3M)
13% more funds holding
Funds holding: 69 → 78 (+9)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.97M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$2.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$665K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.74M |
| 2 |
Morgan Stanley
New York
|
-$1.43M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.08M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$716K |
| 5 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
|
DA
77
Denali Advisors
San Diego,
California
| $4K | +$1.49K | +69 | +63% |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $243 | – | – | – |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$280K | -14,363 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$4K | -234 | Closed |
|
GABC Hedge Fund Activity: Q4 2015 in Review
78 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q4 2015, worth a combined $123M — up 27% from $96.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GABC positions and 2 closed out — a net gain of 9 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Champlain Investment Partners, adding an estimated $5.6M. The largest seller was Maltese Capital Management, cutting an estimated $1.74M.
- 78 institutional investors held German American Bancorp (GABC) as of Q4 2015, up from 69 in Q3 2015.
- Funds reported $123M of German American Bancorp stock for Q4 2015, up 27% quarter-over-quarter.
- 11 funds opened new German American Bancorp positions in Q4 2015 and 2 closed out, a net change of +9 holders.
- The largest German American Bancorp buyer in Q4 2015 was Champlain Investment Partners, an estimated $5.6M added.
- The largest German American Bancorp seller in Q4 2015 was Maltese Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2015.