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German American Bancorp

89 hedge funds and large institutions have $321M invested in German American Bancorp in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

16% more capital invested

Capital invested by funds: $278M → $321M (+$43.1M)

9% more funds holding

Funds holding: 8289 (+7)

2.65% more ownership

Funds ownership: 36.32%38.97% (+2.6%)

8% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 26

Holders
89
Holders Change
+7
Holders Change %
+8.54%
% of All Funds
2.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
28
Reduced
26
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$54.5M +$2.02M +56,899 +4%
CIP
2
Champlain Investment Partners
Vermont
$39.3M +$4.84M +136,110 +14%
Vanguard Group
3
Vanguard Group
Pennsylvania
$33.2M -$962K -27,062 -3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$31M +$2.32M +65,191 +8%
State Street
5
State Street
Massachusetts
$18.6M +$3.5M +98,509 +23%
Franklin Resources
6
Franklin Resources
California
$14.7M
Northern Trust
7
Northern Trust
Illinois
$14.4M +$4.73M +133,103 +50%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.5M +$2.77M +77,864 +26%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$11.1M -$12.7M -357,280 -53%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$7.82M +$728K +20,476 +10%
BTW
11
Boston Trust Walden
Massachusetts
$7.29M -$179K -5,035 -2%
GAB
12
German American Bancorp
Indiana
$5.88M +$5.83M +163,931 New
Renaissance Technologies
13
Renaissance Technologies
New York
$5.77M +$2.18M +61,450 +62%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$4.49M -$241K -6,784 -5%
WCM
15
Wedge Capital Management
North Carolina
$4.21M -$254K -7,135 -6%
Charles Schwab
16
Charles Schwab
California
$3.9M +$197K +5,542 +5%
RHCA
17
Rosenthal Henry Capital Advisors
Indiana
$3.67M +$40.9K +1,150 +1%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$3.17M +$462K +13,009 +17%
Morgan Stanley
19
Morgan Stanley
New York
$2.69M +$37.7K +1,062 +1%
Deutsche Bank
20
Deutsche Bank
Germany
$2.45M +$1.38M +38,722 +131%
OCG
21
Opus Capital Group
Ohio
$2.31M +$2.29M +64,531 New
First Trust Advisors
22
First Trust Advisors
Illinois
$2.1M +$1.13M +31,791 +119%
Victory Capital Management
23
Victory Capital Management
Texas
$1.85M
Ohio Public Employees Retirement System (OPERS)
24
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.78M +$1.76M +49,550 New
TCIM
25
TIAA CREF Investment Management
New York
$1.65M -$125K -3,521 -7%

GABC Hedge Fund Activity: Q2 2018 in Review

89 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q2 2018, worth a combined $321M — up 16% from $278M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new GABC positions and 6 closed out — a net gain of 7 holders — while 28 added to existing stakes and 26 trimmed.

The largest buyer was Champlain Investment Partners, adding an estimated $4.84M. The largest seller was Fidelity Investments, cutting an estimated $12.7M.

  • 89 institutional investors held German American Bancorp (GABC) as of Q2 2018, up from 82 in Q1 2018.
  • Funds reported $321M of German American Bancorp stock for Q2 2018, up 16% quarter-over-quarter.
  • 13 funds opened new German American Bancorp positions in Q2 2018 and 6 closed out, a net change of +7 holders.
  • The largest German American Bancorp buyer in Q2 2018 was Champlain Investment Partners, an estimated $4.84M added.
  • The largest German American Bancorp seller in Q2 2018 was Fidelity Investments, an estimated $12.7M sold.

Based on aggregated 13F filings for Q2 2018.