German American Bancorp
GABC
113 hedge funds and large institutions have $356M invested in German American Bancorp in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 17 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
0.07% less ownership
Funds ownership: 44.32% → 44.25% (-0.07%)
8% less capital inflows, than outflows
Capital inflows: $21.7M | Capital outflows: $23.6M
4% less funds holding
Funds holding: 118 → 113 (-5)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.86M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$3.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.26M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.01M |
| 5 |
Cerity Partners
New York
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
L.M. Kohn & Company
Cincinnati,
Ohio
|
-$13.6M |
| 2 |
Bridgeway Capital Management
Houston,
Texas
|
-$1.35M |
| 3 |
Goldman Sachs
New York
|
-$1.04M |
| 4 |
Renaissance Technologies
New York
|
-$1.02M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$660K |
GABC Hedge Fund Activity: Q2 2023 in Review
113 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q2 2023, worth a combined $356M — down 18% from $436M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GABC and 12 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 50 added.
The largest buyer was BlackRock, adding an estimated $6.86M. The largest seller was L.M. Kohn & Company, exiting entirely with an estimated $13.6M sold.
- 113 institutional investors held German American Bancorp (GABC) as of Q2 2023, down from 118 in Q1 2023.
- Funds reported $356M of German American Bancorp stock for Q2 2023, down 18% quarter-over-quarter.
- 12 funds opened new German American Bancorp positions in Q2 2023 and 17 closed out, a net change of -5 holders.
- The largest German American Bancorp buyer in Q2 2023 was BlackRock, an estimated $6.86M added.
- The largest German American Bancorp seller in Q2 2023 was L.M. Kohn & Company, an estimated $13.6M sold.
Based on aggregated 13F filings for Q2 2023.