Horizon Bancorp
HBNC
185 hedge funds and large institutions have $475M invested in Horizon Bancorp in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 72 increasing their positions, 44 reducing their positions, and 19 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 44
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
3% more capital invested
Capital invested by funds: $462M → $475M (+$13.3M)
0.61% more ownership
Funds ownership: 69.55% → 70.16% (+0.61%)
1% more funds holding
Funds holding: 184 → 185 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
CSM Advisors
Warrendale,
Pennsylvania
|
+$3.32M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.3M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.38M |
| 4 |
Two Sigma Investments
New York
|
+$1.11M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.65M |
| 2 |
Goldman Sachs
New York
|
-$1.41M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$979K |
| 4 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$872K |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$755K |
HBNC Hedge Fund Activity: Q2 2025 in Review
185 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Horizon Bancorp (HBNC) for Q2 2025, worth a combined $475M — up 2.9% from $462M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HBNC positions and 19 closed out — a net gain of 5 holders — while 72 added to existing stakes and 44 trimmed.
The largest buyer was CSM Advisors, opening a new position worth an estimated $3.32M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $3.65M sold.
- 185 institutional investors held Horizon Bancorp (HBNC) as of Q2 2025, up from 184 in Q1 2025.
- Funds reported $475M of Horizon Bancorp stock for Q2 2025, up 2.9% quarter-over-quarter.
- 24 funds opened new Horizon Bancorp positions in Q2 2025 and 19 closed out, a net change of +5 holders.
- The largest Horizon Bancorp buyer in Q2 2025 was CSM Advisors, an estimated $3.32M added.
- The largest Horizon Bancorp seller in Q2 2025 was Kennedy Capital Management, an estimated $3.65M sold.
Based on aggregated 13F filings for Q2 2025.