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Horizon Bancorp
HBNC

184 hedge funds and large institutions have $462M invested in Horizon Bancorp in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 64 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

12,833% more call options, than puts

Call options by funds: $776K | Put options by funds: $6K

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

2% more funds holding

Funds holding: 181 → 184 (+3)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.28% less ownership

Funds ownership: 69.83% → 69.55% (-0.28%)

5% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 64

6% less capital invested

Capital invested by funds: $492M → $462M (-$30.2M)

Holders
184
Holders Change
+3
Holders Change %
+1.66%
% of All Funds
2.47%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
19
Increased
61
Reduced
64
Closed
16
Calls
$776K
Puts
$6K
Net Calls
+$770K
Net Calls Change
+$78K

Top Buyers

Rank Fund Capital Flow
1
BCP
BlackBarn Capital Partners
New York
+$4.87M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$2.31M
3
Renaissance Technologies
Renaissance Technologies
New York
+$1.8M
4
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management
California
+$1.78M
5
LSV Asset Management
LSV Asset Management
Illinois
+$1.59M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$4.15M
2
HB
Horizon Bancorp
Indiana
-$3.26M
3
JP Morgan Chase
JP Morgan Chase
New York
-$1.77M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$1.75M
5
American Century Companies
American Century Companies
Missouri
-$1.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
KCM
26
Kennedy Capital Management
Missouri
$3.65M -$23.1K -1,423 -0.6%
AQR Capital Management
27
AQR Capital Management
Connecticut
$3.59M -$1.75M -108,130 -31%
FP
28
Foundry Partners
Minnesota
$3.51M -$22.6K -1,395 -0.6%
Renaissance Technologies
29
Renaissance Technologies
New York
$3.03M +$1.8M +111,000 +124%
Russell Investments Group
30
Russell Investments Group
United Kingdom
$2.42M +$193K +11,868 +8%
EF
31
Empowered Funds
Pennsylvania
$2.27M +$541K +33,355 +28%
SBH
32
Segall Bryant & Hamill
Illinois
$2.21M +$542K +33,379 +29%
UBS AM
33
UBS AM
Illinois
$1.77M -$18.9K -1,162 -1%
EC
34
EJF Capital
Virginia
$1.75M +$403K +24,826 +27%
Ameriprise
35
Ameriprise
Minnesota
$1.61M +$836K +51,500 +93%
JP Morgan Chase
36
JP Morgan Chase
New York
$1.56M -$1.77M -109,287 -51%
Barclays
37
Barclays
United Kingdom
$1.5M -$324K -19,980 -17%
Invesco
38
Invesco
Georgia
$1.49M -$267K -16,456 -14%
Tudor Investment Corp
39
Tudor Investment Corp
Connecticut
$1.47M -$538K -33,137 -25%
Stifel Financial
40
Stifel Financial
Missouri
$1.46M +$3.21K +198 +0.2%
Bank of America
41
Bank of America
North Carolina
$1.32M -$430K -26,505 -23%
Swiss National Bank
42
Swiss National Bank
Switzerland
$1.28M -$21.1K -1,300 -2%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$1.27M -$279K -17,200 -17%
Universal-Beteiligungs- und Servicegesellschaft
44
Universal-Beteiligungs- und Servicegesellschaft
Germany
$1.26M – – –
OFG
45
Oxford Financial Group
Indiana
$1.25M – – –
Jane Street
46
Jane Street
New York
$1.23M +$1.32M +81,631 New
Wells Fargo
47
Wells Fargo
California
$1.22M +$9.31K +574 +0.7%
Two Sigma Investments
48
Two Sigma Investments
New York
$1.21M -$136K -8,352 -9%
QEI
49
QSV Equity Investors
Illinois
$1.2M -$3.02K -186 -0.2%
Millennium Management
50
Millennium Management
New York
$1.15M +$99.9K +6,158 +9%
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HBNC Hedge Fund Activity: Q1 2025 in Review

184 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q1 2025, worth a combined $462M — down 6.1% from $492M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new HBNC positions and 16 closed out — a net gain of 3 holders — while 61 added to existing stakes and 64 trimmed.

The largest buyer was BlackBarn Capital Partners, opening a new position worth an estimated $4.87M. The largest seller was Goldman Sachs, cutting an estimated $4.15M.

  • 184 institutional investors held Horizon Bancorp (HBNC) as of Q1 2025, up from 181 in Q4 2024.
  • Funds reported $462M of Horizon Bancorp stock for Q1 2025, down 6.1% quarter-over-quarter.
  • 19 funds opened new Horizon Bancorp positions in Q1 2025 and 16 closed out, a net change of +3 holders.
  • The largest Horizon Bancorp buyer in Q1 2025 was BlackBarn Capital Partners, an estimated $4.87M added.
  • The largest Horizon Bancorp seller in Q1 2025 was Goldman Sachs, an estimated $4.15M sold.

Based on aggregated 13F filings for Q1 2025.