GERMAN AMERICAN BANCORP, INC.
Long book
$1.16B
Q1 2026
Positions
148
Top-10 weight
53%
concentration
Last quarter
+14.6%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsGERMAN AMERICAN BANCORP, INC. is an institutional manager, running a $1.16B US long book across 148 positions.
The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES MSCI ACWI EX US ETF, ISHARES INTERMEDIATE GOVERNM, ISHARES RUSSELL MID-CAP ETF, ISHARES RUSSELL 2000 ETF, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.7%
Q2 2024
+5.7%
Q3 2024
+0.6%
Q4 2024
-3.3%
Q1 2025
+10.0%
Q2 2025
+8.5%
Q3 2025
+3.8%
Q4 2025
-2.1%
Q1 2026
+14.6%
Sector allocation
Technology 43%
Financials 18%
Consumer discretionary 9%
Industrials 9%
Healthcare 8%
Energy 4%
Other 3%
Services media 3%
Long book by quarter
What does GERMAN AMERICAN own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 163.7K | $47.1M | 4.0% | -4.5% |
| AAPL APPLE INC | Technology | 185.5K | $47.1M | 4.0% | -0.3% |
| NVDA NVIDIA CORP | Technology | 269.7K | $47.0M | 4.0% | -1.8% |
| MSFT MICROSOFT CORP | Technology | 111.6K | $41.3M | 3.6% | +2.8% |
| GABC GERMAN AMERICAN BANCORP | Financials | 966.9K | $40.4M | 3.5% | +1.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 151.1K | $31.5M | 2.7% | +1.1% |
| MU MICRON TECHNOLOGY INC | Technology | 69.1K | $23.4M | 2.0% | -12.5% |
| META META PLATFORMS INC-CLASS A | Technology | 39.3K | $22.5M | 1.9% | +1.8% |
| AVGO BROADCOM INC | Technology | 57.2K | $17.7M | 1.5% | +4.1% |
| JPM JPMORGAN CHASE & CO | Financials | 57.2K | $16.8M | 1.4% | -0.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 13.9K | $13.9M | 1.2% | +0.6% |
| LLY ELI LILLY & CO | Healthcare | 15.1K | $13.8M | 1.2% | +1.0% |
| CAT CATERPILLAR INC | Industrials | 19.5K | $13.8M | 1.2% | -0.3% |
| MA MASTERCARD INC - A | Services media | 27.1K | $13.5M | 1.2% | -1.0% |
| RTX RTX CORP | Industrials | 69.7K | $13.5M | 1.2% | -0.2% |
| MS MORGAN STANLEY | Financials | 80.7K | $13.3M | 1.1% | +0.1% |
| XOM EXXON MOBIL CORP | Energy | 77.8K | $13.2M | 1.1% | -5.7% |
| ORCL ORACLE CORP | Technology | 87.5K | $12.9M | 1.1% | +1.8% |
| BAC BANK OF AMERICA CORP | Financials | 254.3K | $12.4M | 1.1% | -0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 49.5K | $12.1M | 1.0% | +1.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 24.1K | $11.5M | 1.0% | +7.3% |
| BLK BLACKROCK INC | Financials | 11.3K | $10.9M | 0.9% | +0.8% |
| KO COCA-COLA CO/THE | Consumer staples | 129.9K | $9.9M | 0.8% | 0.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 68.3K | $9.9M | 0.8% | +2.7% |
| GM GENERAL MOTORS CO | Industrials | 131.4K | $9.8M | 0.8% | +0.2% |
| FDX FEDEX CORP | Industrials | 27.2K | $9.7M | 0.8% | +1.0% |
| WMT WALMART INC | Consumer discretionary | 73.6K | $9.1M | 0.8% | +0.7% |
| ABT ABBOTT LABORATORIES | Healthcare | 87.6K | $9.0M | 0.8% | -0.2% |
| CSCO CISCO SYSTEMS INC | Technology | 111.8K | $8.7M | 0.7% | -0.1% |
| MTB M & T BANK CORP | Financials | 35.8K | $7.4M | 0.6% | +1.0% |
| NOC NORTHROP GRUMMAN CORP | Technology | 10.7K | $7.3M | 0.6% | +89.7% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 32.1K | $7.3M | 0.6% | +0.5% |
| COP CONOCOPHILLIPS | Energy | 51.1K | $6.7M | 0.6% | -6.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 24.4K | $6.6M | 0.6% | +6.2% |
| ABBV ABBVIE INC | Healthcare | 28.6K | $6.2M | 0.5% | -0.2% |
| TJX TJX COMPANIES INC | Consumer discretionary | 34.6K | $5.5M | 0.5% | +1.3% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 10.4K | $5.1M | 0.4% | +1.0% |
| BA BOEING CO/THE | Industrials | 24.5K | $4.9M | 0.4% | +0.7% |
| PSX PHILLIPS 66 | Energy | 26.0K | $4.7M | 0.4% | -8.7% |
| SNPS SYNOPSYS INC | Technology | 10.0K | $4.0M | 0.3% | +8.3% |
| PFE PFIZER INC | Healthcare | 140.8K | $4.0M | 0.3% | +9.6% |
| DIS WALT DISNEY CO/THE | Services media | 39.9K | $3.8M | 0.3% | +1.0% |
| DHR DANAHER CORP | Technology | 18.6K | $3.5M | 0.3% | +0.9% |
| NKE NIKE INC -CL B | Other | 66.4K | $3.5M | 0.3% | +8.5% |
| ZTS ZOETIS INC | Healthcare | 20.3K | $2.4M | 0.2% | +8.1% |
| V VISA INC-CLASS A SHARES | Services media | 6.4K | $1.9M | 0.2% | +3.4% |
| AMGN AMGEN INC | Healthcare | 4.3K | $1.5M | 0.1% | +142.9% |
| CRM SALESFORCE INC | Technology | 7.5K | $1.4M | 0.1% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.2K | $994K | 0.1% | -1.5% |
| HD HOME DEPOT INC | Consumer discretionary | 3.0K | $977K | 0.1% | -5.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 199 | $1.16B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 176 | $1.17B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 175 | $1.13B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 177 | $1.02B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 172 | $930.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 172 | $955.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 176 | $944.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 177 | $870.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 170 | $831.7M | canonical | SEC ↗ |
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