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German American Bancorp

101 hedge funds and large institutions have $310M invested in German American Bancorp in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 37 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.01% more ownership

Funds ownership: 42.34%42.35% (+0.01%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 106101 (-5)

11% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 37

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

23% less capital invested

Capital invested by funds: $402M → $310M (-$91.9M)

Holders
101
Holders Change
-5
Holders Change %
-4.72%
% of All Funds
2.23%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
33
Reduced
37
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$49.8M +$13.4K +419 +0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$33.7M +$1.22M +38,335 +3%
CIP
3
Champlain Investment Partners
Vermont
$33.4M +$136K +4,250 +0.4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$28.2M -$497K -15,552 -1%
Franklin Resources
5
Franklin Resources
California
$18.7M +$1.3M +40,842 +6%
Goldman Sachs
6
Goldman Sachs
New York
$18.5M +$2.79M +87,370 +15%
State Street
7
State Street
Massachusetts
$13.9M -$394K -12,336 -2%
Northern Trust
8
Northern Trust
Illinois
$12.4M +$72K +2,254 +0.5%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12M -$2.77M -86,780 -17%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$10.3M +$836K +26,179 +7%
Renaissance Technologies
11
Renaissance Technologies
New York
$8.94M -$364K -11,400 -3%
BTW
12
Boston Trust Walden
Massachusetts
$5.3M +$197K +6,171 +3%
WCM
13
Wedge Capital Management
North Carolina
$5.1M -$27K -845 -0.5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$4.41M +$207K +6,480 +4%
Charles Schwab
15
Charles Schwab
California
$4.3M +$112K +3,504 +2%
KCM
16
Kennedy Capital Management
Missouri
$4.21M +$381K +11,930 +8%
GAB
17
German American Bancorp
Indiana
$4.15M +$205K +6,416 +4%
Victory Capital Management
18
Victory Capital Management
Texas
$3.24M +$1.41M +44,246 +60%
RHCA
19
Rosenthal Henry Capital Advisors
Indiana
$2.74M +$95.9K +3,000 +3%
N
20
Nuveen
North Carolina
$2.6M +$126K +3,951 +4%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1.94M -$199K -6,242 -8%
Wells Fargo
22
Wells Fargo
California
$1.8M -$815K -25,513 -28%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$1.51M -$41.5K -1,300 -2%
Comerica Bank
24
Comerica Bank
Texas
$1.47M +$122K +3,830 +8%
JP Morgan Chase
25
JP Morgan Chase
New York
$1.39M +$1.36M +42,436 +528%

GABC Hedge Fund Activity: Q1 2020 in Review

101 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q1 2020, worth a combined $310M — down 23% from $402M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of GABC and 10 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 33 added.

The largest buyer was Goldman Sachs, adding an estimated $2.79M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $2.77M.

  • 101 institutional investors held German American Bancorp (GABC) as of Q1 2020, down from 106 in Q4 2019.
  • Funds reported $310M of German American Bancorp stock for Q1 2020, down 23% quarter-over-quarter.
  • 10 funds opened new German American Bancorp positions in Q1 2020 and 12 closed out, a net change of -2 holders.
  • The largest German American Bancorp buyer in Q1 2020 was Goldman Sachs, an estimated $2.79M added.
  • The largest German American Bancorp seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $2.77M sold.

Based on aggregated 13F filings for Q1 2020.