German American Bancorp
GABC
82 hedge funds and large institutions have $279M invested in German American Bancorp in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
17% more capital invested
Capital invested by funds: $239M → $279M (+$40M)
9% more funds holding
Funds holding: 75 → 82 (+7)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14.58% less ownership
Funds ownership: 50.34% → 35.75% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$7.45M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$5.29M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.28M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.21M |
| 5 |
State Street
Boston,
Massachusetts
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.5M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$764K |
| 3 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$677K |
| 4 |
Two Sigma Investments
New York
|
-$536K |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| $17K | +$15.6K | +487 | New |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | -$32 | -1 | -0.3% |
|
|
PAM
78
Panagora Asset Management
Boston,
Massachusetts
| $11K | +$10.4K | +324 | New |
|
79
Zurich Cantonal Bank
Zurich,
Switzerland
| $9K | – | – | – |
|
80
Envestnet Asset Management
Chicago,
Illinois
| $6K | -$24.3K | -757 | -81% |
|
81
Barclays
London,
United Kingdom
| $4K | -$46.6K | -1,453 | -93% |
|
|
MCM
82
MV Capital Management
Bethesda,
Maryland
| $1K | -$32 | -1 | -2% |
|
|
83
Millennium Management
New York
| – | -$1.5M | -47,486 | Closed |
|
|
HCM
84
Highbridge Capital Management
New York
| – | -$764K | -24,230 | Closed |
|
|
DTL
85
Dynamic Technology Lab
Singapore
| – | -$312K | -9,873 | Closed |
|
86
SG Americas Securities
New York
| – | -$238K | -7,545 | Closed |
|
87
Schroder Investment Management Group
London,
United Kingdom
| – | -$162K | -5,025 | Closed |
|
88
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$12K | -375 | Closed |
|
GABC Hedge Fund Activity: Q2 2017 in Review
82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q2 2017, worth a combined $279M — up 17% from $239M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GABC positions and 6 closed out — a net gain of 7 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was Champlain Investment Partners, adding an estimated $7.45M. The largest seller was Millennium Management, exiting entirely with an estimated $1.5M sold.
- 82 institutional investors held German American Bancorp (GABC) as of Q2 2017, up from 75 in Q1 2017.
- Funds reported $279M of German American Bancorp stock for Q2 2017, up 17% quarter-over-quarter.
- 13 funds opened new German American Bancorp positions in Q2 2017 and 6 closed out, a net change of +7 holders.
- The largest German American Bancorp buyer in Q2 2017 was Champlain Investment Partners, an estimated $7.45M added.
- The largest German American Bancorp seller in Q2 2017 was Millennium Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2017.