German American Bancorp
GABC
75 hedge funds and large institutions have $239M invested in German American Bancorp in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1.36% more ownership
Funds ownership: 48.98% → 50.34% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
5% less funds holding
Funds holding: 79 → 75 (-4)
8% less capital invested
Capital invested by funds: $262M → $239M (-$22.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$46.6M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.75M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$2.39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.25M |
| 5 |
Millennium Management
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 3 |
Morgan Stanley
New York
|
-$1.01M |
| 4 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$931K |
| 5 |
Citigroup
New York
|
-$670K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.22M | -34,757 | Closed |
|
|
PPA
77
Parametric Portfolio Associates
Seattle,
Washington
| – | -$328K | -9,353 | Closed |
|
|
PAM
78
Panagora Asset Management
Boston,
Massachusetts
| – | -$236K | -6,738 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$193K | -6,113 | Closed |
|
|
DCM
80
Delta Capital Management
Red Bank,
New Jersey
| – | -$204K | -5,813 | Closed |
|
81
EARNEST Partners
Atlanta,
Georgia
| – | -$32K | -900 | Closed |
|
82
SEI Investments
Oaks,
Pennsylvania
| – | -$24K | -693 | Closed |
|
|
LTFS
83
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$17K | -480 | Closed |
|
GABC Hedge Fund Activity: Q1 2017 in Review
75 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q1 2017, worth a combined $239M — down 8.4% from $262M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GABC positions and 8 closed out — a net gain of 2 holders — while 25 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $46.6M. The largest seller was Fidelity Investments, cutting an estimated $5.51M.
- 75 institutional investors held German American Bancorp (GABC) as of Q1 2017, down from 79 in Q4 2016.
- Funds reported $239M of German American Bancorp stock for Q1 2017, down 8.4% quarter-over-quarter.
- 10 funds opened new German American Bancorp positions in Q1 2017 and 8 closed out, a net change of +2 holders.
- The largest German American Bancorp buyer in Q1 2017 was BlackRock, an estimated $46.6M added.
- The largest German American Bancorp seller in Q1 2017 was Fidelity Investments, an estimated $5.51M sold.
Based on aggregated 13F filings for Q1 2017.