German American Bancorp
GABC
82 hedge funds and large institutions have $247M invested in German American Bancorp in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 9 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 84 → 82 (-2)
3.45% less ownership
Funds ownership: 39.02% → 35.57% (-3.5%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
22% less capital invested
Capital invested by funds: $316M → $247M (-$69.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$4.04M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$1.36M |
| 3 |
Renaissance Technologies
New York
|
+$961K |
| 4 |
BlackRock
New York
|
+$768K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.88M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$2.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.03M |
| 4 |
State Street
Boston,
Massachusetts
|
-$905K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$827K |
GABC Hedge Fund Activity: Q4 2018 in Review
82 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q4 2018, worth a combined $247M — down 22% from $316M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GABC and 8 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 26 added.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $4.04M. The largest seller was Fidelity Investments, exiting entirely with an estimated $4.88M sold.
- 82 institutional investors held German American Bancorp (GABC) as of Q4 2018, down from 84 in Q3 2018.
- Funds reported $247M of German American Bancorp stock for Q4 2018, down 22% quarter-over-quarter.
- 8 funds opened new German American Bancorp positions in Q4 2018 and 9 closed out, a net change of -1 holder.
- The largest German American Bancorp buyer in Q4 2018 was FJ Capital Management, an estimated $4.04M added.
- The largest German American Bancorp seller in Q4 2018 was Fidelity Investments, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2018.