HORIZON BANCORP INC /IN/
Long book
$207.9M
Q1 2026
Positions
206
Top-10 weight
72%
concentration
Last quarter
+6.6%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsHORIZON BANCORP INC /IN/ is a wealth-management firm allocating client money, running a $207.9M US long book across 206 positions.
The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL BOND MARKET, ISHARES INTERMEDIATE GOVERNM, VANGUARD VALUE ETF, ISHARES MSCI EAFE ETF, VANGUARD GROWTH ETF.
Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.7%
Q2 2024
+6.1%
Q3 2024
-1.9%
Q4 2024
+1.1%
Q1 2025
+5.0%
Q2 2025
+5.0%
Q3 2025
+1.9%
Q4 2025
-0.5%
Q1 2026
+6.6%
Sector allocation
Financials 32%
Technology 27%
Healthcare 10%
Consumer discretionary 8%
Industrials 7%
Services media 4%
Energy 3%
Utilities 3%
Long book by quarter
What does HORIZON BANCORP own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HBNC HORIZON BANCORP INC/IN | Financials | 560.4K | $9.3M | 4.5% | -2.1% |
| NVDA NVIDIA CORP | Technology | 12.1K | $2.1M | 1.0% | -2.8% |
| PFE PFIZER INC | Healthcare | 69.1K | $1.9M | 0.9% | +0.3% |
| AAPL APPLE INC | Technology | 5.8K | $1.5M | 0.7% | +0.6% |
| MSFT MICROSOFT CORP | Technology | 3.8K | $1.4M | 0.7% | +0.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.5K | $1.1M | 0.6% | -0.5% |
| GOOGL ALPHABET INC-CL A | Technology | 2.8K | $805K | 0.4% | -0.3% |
| GOOG ALPHABET INC-CL C | Technology | 2.7K | $787K | 0.4% | Held |
| NI NISOURCE INC | Utilities | 16.2K | $756K | 0.4% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 2.5K | $746K | 0.4% | -6.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.5K | $701K | 0.3% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 1.2K | $684K | 0.3% | -10.7% |
| AVGO BROADCOM INC | Technology | 2.2K | $680K | 0.3% | +112.8% |
| MA MASTERCARD INC - A | Services media | 1.3K | $638K | 0.3% | +1.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 618 | $616K | 0.3% | +2.1% |
| RTX RTX CORP | Industrials | 3.1K | $601K | 0.3% | -2.7% |
| ORCL ORACLE CORP | Technology | 4.0K | $584K | 0.3% | -17.5% |
| MAS MASCO CORP | Industrials | 8.4K | $505K | 0.2% | -0.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 2.3K | $462K | 0.2% | -17.3% |
| XOM EXXON MOBIL CORP | Energy | 2.7K | $455K | 0.2% | -8.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 2.7K | $424K | 0.2% | +1.8% |
| CTVA CORTEVA INC | Consumer staples | 4.7K | $392K | 0.2% | -2.4% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 3.9K | $370K | 0.2% | +23.2% |
| ADI ANALOG DEVICES INC | Technology | 1.1K | $358K | 0.2% | -21.1% |
| COR CENCORA INC | Consumer discretionary | 1.1K | $338K | 0.2% | +1.6% |
| CRM SALESFORCE INC | Technology | 1.7K | $314K | 0.2% | +39.0% |
| CVX CHEVRON CORP | Energy | 1.5K | $314K | 0.2% | +9.0% |
| BLD* TOPBUILD CORP | — | 891 | $313K | 0.2% | -0.4% |
| KO COCA-COLA CO/THE | Consumer staples | 4.0K | $305K | 0.1% | +1.0% |
| CAT CATERPILLAR INC | Industrials | 428 | $303K | 0.1% | -22.2% |
| C CITIGROUP INC | Financials | 2.6K | $299K | 0.1% | +3.6% |
| MDT MEDTRONIC PLC | Healthcare | 3.4K | $297K | 0.1% | +62.1% |
| BA BOEING CO/THE | Industrials | 1.5K | $297K | 0.1% | +3.1% |
| ABBV ABBVIE INC | Healthcare | 1.3K | $291K | 0.1% | -21.3% |
| ETN EATON CORP PLC | Industrials | 797 | $285K | 0.1% | +30.2% |
| CVS CVS HEALTH CORP | Healthcare | 3.9K | $283K | 0.1% | +3.9% |
| BX BLACKSTONE INC | Financials | 2.4K | $278K | 0.1% | +1.3% |
| NFLX NETFLIX INC | Services media | 2.8K | $266K | 0.1% | +65.5% |
| GD GENERAL DYNAMICS CORP | Industrials | 775 | $266K | 0.1% | -0.4% |
| SLB SLB LTD | Energy | 4.9K | $253K | 0.1% | +36.4% |
| CSCO CISCO SYSTEMS INC | Technology | 3.3K | $252K | 0.1% | -31.1% |
| HD HOME DEPOT INC | Consumer discretionary | 758 | $249K | 0.1% | +2.4% |
| NEE NEXTERA ENERGY INC | Utilities | 2.6K | $244K | 0.1% | +1.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 1.9K | $243K | 0.1% | -8.7% |
| KKR KKR & CO INC | Financials | 2.6K | $243K | 0.1% | +3.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 977 | $239K | 0.1% | +1.2% |
| FCX FREEPORT-MCMORAN INC | Materials | 4.1K | $239K | 0.1% | +2.8% |
| KLAC KLA CORP | Other | 155 | $228K | 0.1% | New |
| ELV ELEVANCE HEALTH INC | Financials | 771 | $226K | 0.1% | -30.2% |
| TPR TAPESTRY INC | Other | 1.6K | $222K | 0.1% | +4.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 206 | $207.9M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 194 | $205.4M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 189 | $209.7M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 216 | $198.6M | confidential $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 183 | $176.9M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 13, 2025 | 193 | $212.1M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 221 | $216.0M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 228 | $210.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 242 | $0 | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | Apr 19, 2024 | 242 | $209.9M | $K fixed canonical | SEC ↗ |