German American Bancorp
GABC
121 hedge funds and large institutions have $502M invested in German American Bancorp in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 43 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $454M → $502M (+$48M)
1.62% more ownership
Funds ownership: 47.34% → 48.97% (+1.6%)
1% more funds holding
Funds holding: 120 → 121 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
76% less call options, than puts
Call options by funds: $10K | Put options by funds: $42K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$21.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.38M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.79M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.56M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.15M |
| 2 |
BlackRock
New York
|
-$3.85M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.8M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.35M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$1.32M |
GABC Hedge Fund Activity: Q1 2024 in Review
121 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in German American Bancorp (GABC) for Q1 2024, worth a combined $502M — up 11% from $454M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GABC positions and 11 closed out — a net gain of 2 holders — while 40 added to existing stakes and 43 trimmed.
The largest buyer was Charles Schwab, adding an estimated $21.9M. The largest seller was Morgan Stanley, cutting an estimated $5.15M.
- 121 institutional investors held German American Bancorp (GABC) as of Q1 2024, up from 120 in Q4 2023.
- Funds reported $502M of German American Bancorp stock for Q1 2024, up 11% quarter-over-quarter.
- 13 funds opened new German American Bancorp positions in Q1 2024 and 11 closed out, a net change of +2 holders.
- The largest German American Bancorp buyer in Q1 2024 was Charles Schwab, an estimated $21.9M added.
- The largest German American Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2024.