Horizon Bancorp
HBNC
209 hedge funds and large institutions have $618M invested in Horizon Bancorp in 2025 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 76 increasing their positions, 47 reducing their positions, and 18 closing their positions.
620% more call options, than puts
Call options by funds: $504K | Put options by funds: $70K
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
62% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 47
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more capital invested
Capital invested by funds: $475M → $618M (+$143M)
17.31% more ownership
Funds ownership: 70.16% → 87.47% (+17%)
13% more funds holding
Funds holding: 185 → 209 (+24)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.9M |
| 2 |
Jennison Associates
New York
|
+$11.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.77M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.62M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$7.35M |
| 2 |
BCP
BlackBarn Capital Partners
New York
|
-$4.61M |
| 3 |
HTIM
Harbour Trust & Investment Management
Michigan City,
Indiana
|
-$1.05M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.04M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$930K |
HBNC Hedge Fund Activity: Q3 2025 in Review
209 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q3 2025, worth a combined $618M — up 30% from $475M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new HBNC positions and 18 closed out — a net gain of 25 holders — while 76 added to existing stakes and 47 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $24.9M. The largest seller was Rhino Investment Partners, exiting entirely with an estimated $7.35M sold.
- 209 institutional investors held Horizon Bancorp (HBNC) as of Q3 2025, up from 185 in Q2 2025.
- Funds reported $618M of Horizon Bancorp stock for Q3 2025, up 30% quarter-over-quarter.
- 43 funds opened new Horizon Bancorp positions in Q3 2025 and 18 closed out, a net change of +25 holders.
- The largest Horizon Bancorp buyer in Q3 2025 was Wellington Management Group, an estimated $24.9M added.
- The largest Horizon Bancorp seller in Q3 2025 was Rhino Investment Partners, an estimated $7.35M sold.
Based on aggregated 13F filings for Q3 2025.