German American Bancorp
GABC
106 hedge funds and large institutions have $355M invested in German American Bancorp in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
15% more capital invested
Capital invested by funds: $309M → $355M (+$46.3M)
7% more funds holding
Funds holding: 99 → 106 (+7)
0.52% more ownership
Funds ownership: 41.03% → 41.55% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$13.1M |
| 2 |
BlackRock
New York
|
+$4.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.35M |
| 4 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$1.68M |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.56M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.58M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$662K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAW
101
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $7K | +$2.34K | +76 | +59% |
|
|
LTFS
102
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
103
Rockefeller Capital Management
New York
| $3K | – | – | – |
|
|
BFEC
104
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
S
105
SignatureFD
Atlanta,
Georgia
| $2K | +$1.57K | +51 | New |
|
|
GT
106
Glenmede Trust
Philadelphia,
Pennsylvania
| $1 | – | – | – |
|
|
107
Millennium Management
New York
| – | -$3.56M | -118,312 | Closed |
|
|
108
Marshall Wace
London,
United Kingdom
| – | -$1.4M | -46,567 | Closed |
|
109
D.E. Shaw & Co
New York
| – | -$414K | -13,731 | Closed |
|
|
OAM
110
Oxford Asset Management
Oxford,
United Kingdom
| – | -$235K | -7,792 | Closed |
|
|
AG
111
Aperio Group
Sausalito,
California
| – | -$186K | -6,185 | Closed |
|
112
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$95K | -3,162 | Closed |
|
|
DA
113
Denali Advisors
San Diego,
California
| – | -$1K | -45 | Closed |
|
GABC Hedge Fund Activity: Q3 2019 in Review
106 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q3 2019, worth a combined $355M — up 15% from $309M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GABC positions and 7 closed out — a net gain of 7 holders — while 45 added to existing stakes and 26 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $13.1M. The largest seller was Millennium Management, exiting entirely with an estimated $3.56M sold.
- 106 institutional investors held German American Bancorp (GABC) as of Q3 2019, up from 99 in Q2 2019.
- Funds reported $355M of German American Bancorp stock for Q3 2019, up 15% quarter-over-quarter.
- 14 funds opened new German American Bancorp positions in Q3 2019 and 7 closed out, a net change of +7 holders.
- The largest German American Bancorp buyer in Q3 2019 was Goldman Sachs, an estimated $13.1M added.
- The largest German American Bancorp seller in Q3 2019 was Millennium Management, an estimated $3.56M sold.
Based on aggregated 13F filings for Q3 2019.