Latest GERMAN AMERICAN BANCORP, INC. Stock Portfolio

GERMAN AMERICAN BANCORP, INC. Performance:

2025 Q4: 3.36%YTD: 17.41%2024: 15.36%

Performance for 2025 Q4 is 3.36%, and YTD is 17.41%, and 2024 is 15.36%.

About GERMAN AMERICAN BANCORP, INC. and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, GERMAN AMERICAN BANCORP, INC. reported an equity portfolio of $1.2 Billions as of 31 Dec, 2025.

The top stock holdings of GERMAN AMERICAN BANCORP, INC. are AAXJ, IJR, AAXJ. The fund has invested 9.2% of it's portfolio in ISHARES TR and 7.9% of portfolio in ISHARES TR.

The fund managers got completely rid off OREILLY AUTOMOTIVE INC (ORLY) and ISHARES TR (IBCE) stocks. They significantly reduced their stock positions in SELECT SECTOR SPDR TR (XLB), LENNAR CORP (LEN) and VERIZON COMMUNICATIONS INC (VZ). GERMAN AMERICAN BANCORP, INC. opened new stock positions in ISHARES TR (IJR) and CUMMINS INC (CMI). The fund showed a lot of confidence in some stocks as they added substantially to NORTHROP GRUMMAN CORP (NOC), GERMAN AMERN BANCORP INC (GABC) and AST SPACEMOBILE INC (ASTS).

GERMAN AMERICAN BANCORP, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that GERMAN AMERICAN BANCORP, INC. made a return of 3.36% in the last quarter. In trailing 12 months, it's portfolio return was 17.41%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ishares tr	218,814
cummins inc	216,941

New stocks bought by GERMAN AMERICAN BANCORP, INC.

Additions

Ticker	% Inc.
northrop grumman corp	1,402
german amern bancorp inc	59.61
ast spacemobile inc	39.88
select sector spdr tr	38.38
tesla inc	14.67
invesco qqq tr	13.92
ishares tr	7.64
berkshire hathaway inc del	6.08

Additions to existing portfolio by GERMAN AMERICAN BANCORP, INC.

Reductions

Ticker	% Reduced
select sector spdr tr	-71.77
select sector spdr tr	-51.48
select sector spdr tr	-50.71
select sector spdr tr	-50.58
select sector spdr tr	-49.43
lennar corp	-39.91
verizon communications inc	-37.67
spdr gold tr	-23.57

GERMAN AMERICAN BANCORP, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-218,711
oreilly automotive inc	-226,401

GERMAN AMERICAN BANCORP, INC. got rid off the above stocks

Sector Distribution

GERMAN AMERICAN BANCORP, INC. has about 44.1% of it's holdings in Others sector.

Sector	%
Others	44.1
Technology	19.4
Financial Services	9.4
Communication Services	7.1
Healthcare	5.8
Consumer Cyclical	4.8
Industrials	4.2
Consumer Defensive	3.4
Energy	1.6

Market Cap. Distribution

GERMAN AMERICAN BANCORP, INC. has about 52.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	44.1
UNALLOCATED	44.1
LARGE-CAP	8.6
SMALL-CAP	3.2

Stocks belong to which Index?

About 55.9% of the stocks held by GERMAN AMERICAN BANCORP, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	52.7
Others	44.1
RUSSELL 2000	3.2

Top 5 Winners (%)		%
XLB	select sector spdr tr	92.2 %
XLB	select sector spdr tr	76.7 %
XLB	select sector spdr tr	75.6 %
XLB	select sector spdr tr	73.8 %
XLB	select sector spdr tr	63.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc	12.4 M
MU	micron technology inc	10.6 M
LLY	eli lilly & co	4.7 M
AAXJ	ishares tr	3.4 M
AAPL	apple inc	3.2 M

Top 5 Losers (%)		%
ORCL	oracle corp	-30.3 %
HD	home depot inc	-15.0 %
LEN	lennar corp	-14.8 %
ZTS	zoestis inc	-13.0 %
MO	altria group inc	-12.7 %

Top 5 Losers ($)		$
ORCL	oracle corp	-7.5 M
MSFT	microsoft corp	-3.7 M
META	meta platforms inc	-2.9 M
	blackrock inc	-1.1 M
COST	costco whsl corp new	-0.9 M

GERMAN AMERICAN BANCORP, INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of GERMAN AMERICAN BANCORP, INC.

GERMAN AMERICAN BANCORP, INC. has 125 stocks in it's portfolio. About 53.9% of the portfolio is in top 10 stocks. ORCL proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for GERMAN AMERICAN BANCORP, INC. last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.31	186,115	50,597,200	reduced	-0.81

AAXJ	ishares tr	9.21	1,612,100	108,220,000	reduced	-0.47

AAXJ	ishares tr	7.81	854,539	91,734,800	added	1.25

AAXJ	ishares tr	1.26	138,722	14,858,500	reduced	-0.09

AAXJ	ishares tr	0.34	37,573	4,009,040	added	2.54

AAXJ	ishares tr	0.04	3,937	412,203	unchanged	0.00

ABBV	abbvie inc	0.56	28,619	6,539,160	reduced	-0.73

ABT	abbott labs	0.94	87,799	11,000,300	reduced	-0.78

ADBE	adobe inc	0.05	1,597	558,934	unchanged	0.00

ADP	automatic data processing in	0.05	2,107	541,983	reduced	-0.47

AEP	american elec pwr co inc	0.02	2,221	256,103	unchanged	0.00

ALL	allstate corp	0.02	1,185	246,657	unchanged	0.00

AMAT	applied matls inc	0.02	1,000	256,990	unchanged	0.00

AMGN	amgen inc	0.05	1,772	579,993	unchanged	0.00

AMZN	amazon com inc	2.94	149,477	34,502,300	reduced	-1.25

ASTS	ast spacemobile inc	0.05	8,769	636,892	added	39.88

AVGO	broadcom inc	1.62	54,993	19,033,100	reduced	-0.68

AXP	american express co	0.03	881	325,925	unchanged	0.00

BA	boeing co	0.45	24,305	5,277,100	reduced	-0.45

BAC	bank america corp	1.19	254,443	13,994,400	reduced	-0.68