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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BlackBarn Capital Partners
New York
|
+$4.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.31M |
| 3 |
Renaissance Technologies
New York
|
+$1.8M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.78M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.15M |
| 2 |
HB
Horizon Bancorp
Michigan City,
Indiana
|
-$3.26M |
| 3 |
JP Morgan Chase
New York
|
-$1.77M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.75M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.7M |
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.