German American Bancorp
GABC
114 hedge funds and large institutions have $374M invested in German American Bancorp in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 55 increasing their positions, 30 reducing their positions, and 7 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 30
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
5% more capital invested
Capital invested by funds: $356M → $374M (+$18.5M)
2.49% more ownership
Funds ownership: 44.25% → 46.74% (+2.5%)
2% more funds holding
Funds holding: 112 → 114 (+2)
92% less call options, than puts
Call options by funds: $5K | Put options by funds: $65K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMKC
L.M. Kohn & Company
Cincinnati,
Ohio
|
+$16.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.86M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.05M |
| 4 |
Millennium Management
New York
|
+$1.03M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.48M |
| 2 |
GAB
German American Bancorp
Jasper,
Indiana
|
-$1.44M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.35M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$588K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$583K |
GABC Hedge Fund Activity: Q3 2023 in Review
114 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q3 2023, worth a combined $374M — up 5.2% from $356M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GABC positions and 7 closed out — a net gain of 2 holders — while 55 added to existing stakes and 30 trimmed.
The largest buyer was L.M. Kohn & Company, opening a new position worth an estimated $16.3M. The largest seller was BlackRock, cutting an estimated $2.48M.
- 114 institutional investors held German American Bancorp (GABC) as of Q3 2023, up from 112 in Q2 2023.
- Funds reported $374M of German American Bancorp stock for Q3 2023, up 5.2% quarter-over-quarter.
- 9 funds opened new German American Bancorp positions in Q3 2023 and 7 closed out, a net change of +2 holders.
- The largest German American Bancorp buyer in Q3 2023 was L.M. Kohn & Company, an estimated $16.3M added.
- The largest German American Bancorp seller in Q3 2023 was BlackRock, an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2023.