German American Bancorp
GABC
79 hedge funds and large institutions have $262M invested in German American Bancorp in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
50% more capital invested
Capital invested by funds: $175M → $262M (+$86.8M)
48.98% more ownership
Funds ownership: 0% → 48.98% (+49%)
5% more funds holding
Funds holding: 75 → 79 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.57M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.14M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.42M |
| 5 |
JP Morgan Chase
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$2.46M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$999K |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$470K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$370K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $13K | -$28.2K | -933 | -71% |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12K | – | – | – |
|
78
Zurich Cantonal Bank
Zurich,
Switzerland
| $9K | – | – | – |
|
|
AWM
79
Arbor Wealth Management
Miramar Beach,
Florida
| $553 | -$45.4K | -1,500 | -8% |
|
|
BCM
80
Bridgeway Capital Management
Houston,
Texas
| – | -$999K | -38,475 | Closed |
|
|
81
Prudential Financial
Newark,
New Jersey
| – | -$470K | -18,101 | Closed |
|
|
82
Citadel Advisors
Miami,
Florida
| – | -$339K | -13,080 | Closed |
|
83
SG Americas Securities
New York
| – | -$136K | -5,259 | Closed |
|
GABC Hedge Fund Activity: Q4 2016 in Review
79 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q4 2016, worth a combined $262M — up 50% from $175M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GABC positions and 4 closed out — a net gain of 5 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.57M. The largest seller was Wedge Capital Management, cutting an estimated $2.46M.
- 79 institutional investors held German American Bancorp (GABC) as of Q4 2016, up from 75 in Q3 2016.
- Funds reported $262M of German American Bancorp stock for Q4 2016, up 50% quarter-over-quarter.
- 9 funds opened new German American Bancorp positions in Q4 2016 and 4 closed out, a net change of +5 holders.
- The largest German American Bancorp buyer in Q4 2016 was Franklin Resources, an estimated $3.57M added.
- The largest German American Bancorp seller in Q4 2016 was Wedge Capital Management, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2016.