German American Bancorp
GABC
102 hedge funds and large institutions have $302M invested in German American Bancorp in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 38 reducing their positions, and 10 closing their positions.
1.05% less ownership
Funds ownership: 43.06% → 42.02% (-1%)
4% less funds holding
Funds holding: 106 → 102 (-4)
15% less capital invested
Capital invested by funds: $354M → $302M (-$51.3M)
39% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 38
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.94M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$557K |
| 3 |
HF
HRT Financial
New York
|
+$435K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$423K |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$3.12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.02M |
| 3 |
GAB
German American Bancorp
Jasper,
Indiana
|
-$1.97M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.41M |
| 5 |
Renaissance Technologies
New York
|
-$988K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
101
Quadrant Capital Group
Cincinnati,
Ohio
| $1K | +$633 | +22 | New |
|
|
PFWA
102
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| $1K | +$1.35K | +47 | New |
|
|
103
Hotchkis & Wiley Capital Management
Los Angeles,
California
| – | -$1.41M | -45,170 | Closed |
|
104
SG Americas Securities
New York
| – | -$426K | -13,707 | Closed |
|
105
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$226K | -7,256 | Closed |
|
|
VF
106
Virtu Financial
New York
| – | -$223K | -7,181 | Closed |
|
107
Ameriprise
Minneapolis,
Minnesota
| – | -$219K | -7,055 | Closed |
|
108
AQR Capital Management
Greenwich,
Connecticut
| – | -$203K | -6,528 | Closed |
|
109
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$58K | -1,976 | Closed |
|
|
PAG
110
Private Advisor Group
Morristown,
New Jersey
| – | -$53K | -1,700 | Closed |
|
|
CAN
111
Cetera Advisor Networks
El Segundo,
California
| – | -$44K | -1,420 | Closed |
|
|
AWM
112
Apollon Wealth Management
Mount Pleasant,
South Carolina
| – | -$14K | -448 | Closed |
|
GABC Hedge Fund Activity: Q3 2020 in Review
102 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q3 2020, worth a combined $302M — down 15% from $354M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GABC and 6 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 23 added.
The largest buyer was Royce & Associates, opening a new position worth an estimated $4.94M. The largest seller was Wedge Capital Management, cutting an estimated $3.12M.
- 102 institutional investors held German American Bancorp (GABC) as of Q3 2020, down from 106 in Q2 2020.
- Funds reported $302M of German American Bancorp stock for Q3 2020, down 15% quarter-over-quarter.
- 6 funds opened new German American Bancorp positions in Q3 2020 and 10 closed out, a net change of -4 holders.
- The largest German American Bancorp buyer in Q3 2020 was Royce & Associates, an estimated $4.94M added.
- The largest German American Bancorp seller in Q3 2020 was Wedge Capital Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2020.