# GERMAN AMERICAN BANCORP, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 714395. Source: https://holderbook.com/funds/714395-german-american-bancorp-inc/

- Reported value: $1.3B
- Positions: 156
- Weight of the ten largest: 53.9%
- Filed: 2026-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $135.2M | 1,776,727 | 10.2% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $106.2M | 962,740 | 8.0% | 31 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $99.9M | 941,740 | 7.5% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $65.7M | 218,586 | 4.9% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $58.4M | 50,603 | 4.4% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $57.2M | 159,932 | 4.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $53.6M | 268,074 | 4.0% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $53.3M | 184,042 | 4.0% | 31 |
| GERMAN AMERN BANCORP INC | [GABC](https://holderbook.com/stocks/GABC/) | $45.2M | 951,402 | 3.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $43.3M | 116,031 | 3.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $41.3M | 55,199 | 3.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $35.3M | 148,069 | 2.7% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $31.3M | 41,889 | 2.4% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $24.4M | 64,624 | 1.8% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $21.8M | 38,717 | 1.6% | 31 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $21.7M | 477,625 | 1.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $20.5M | 19,252 | 1.5% | 23 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $18.8M | 57,445 | 1.4% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $18.4M | 15,347 | 1.4% | 28 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $16.8M | 80,223 | 1.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $14.4M | 253,403 | 1.1% | 17 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $14.4M | 134,158 | 1.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $14.0M | 27,912 | 1.0% | 23 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $13.6M | 26,518 | 1.0% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $13.3M | 70,094 | 1.0% | 24 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $13.1M | 111,407 | 1.0% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $12.9M | 13,751 | 1.0% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $12.8M | 87,363 | 1.0% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $12.6M | 49,493 | 0.9% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $10.8M | 11,271 | 0.8% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $10.5M | 128,909 | 0.8% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $10.1M | 24,246 | 0.8% | 31 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $10.0M | 130,258 | 0.8% | 21 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.9M | 67,783 | 0.7% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $9.3M | 68,124 | 0.7% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $8.6M | 75,664 | 0.6% | 28 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $8.5M | 35,600 | 0.6% | 6 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $8.5M | 26,990 | 0.6% | 18 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.7M | 84,589 | 0.6% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $7.1M | 28,337 | 0.5% | 31 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $6.7M | 13,106 | 0.5% | 4 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $5.6M | 47,499 | 0.4% | 17 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $5.4M | 35,441 | 0.4% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $5.1M | 23,526 | 0.4% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.9M | 9,814 | 0.4% | 29 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $4.7M | 43,859 | 0.4% | 11 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $4.2M | 9,517 | 0.3% | 10 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $4.1M | 39,899 | 0.3% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $3.8M | 39,694 | 0.3% | 31 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.8M | 23,821 | 0.3% | 23 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.7M | 23,623 | 0.3% | 2 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $3.6M | 16,026 | 0.3% | 31 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $3.5M | 16,026 | 0.3% | 1 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $3.4M | 17,722 | 0.3% | 29 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.3M | 138,635 | 0.3% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $3.3M | 19,720 | 0.3% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $3.3M | 8,240 | 0.2% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $3.1M | 37,251 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.7M | 14,105 | 0.2% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.6M | 3,594 | 0.2% | 31 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $2.6M | 62,480 | 0.2% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.2M | 6,466 | 0.2% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $2.1M | 7,188 | 0.2% | 1 |
| FEDEX FGHT HLDG CO INC | - | $2.0M | 13,493 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.9M | 5,170 | 0.1% | 2 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $1.8M | 16,929 | 0.1% | 15 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $1.6M | 31,453 | 0.1% | 15 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.5M | 4,254 | 0.1% | 24 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.5M | 2,615 | 0.1% | 2 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.4M | 19,202 | 0.1% | 9 |
| GOLDMAN SACHS GROUP INC | - | $1.2M | 1,230 | 0.1% | 23 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.1M | 14,263 | 0.1% | 15 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.1M | 19,690 | 0.1% | 29 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.0M | 3,493 | 0.1% | 25 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $1.0M | 4,257 | 0.1% | 17 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.0M | 1,618 | 0.1% | 24 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.0M | 2,874 | 0.1% | 31 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $955.6K | 10,525 | 0.1% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $943.3K | 6,756 | 0.1% | 2 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $933.5K | 8,986 | 0.1% | 23 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $874.0K | 1,242 | 0.1% | 15 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $851.8K | 9,888 | 0.1% | 15 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $812.7K | 1,124 | 0.1% | 4 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $726.1K | 4,420 | 0.1% | 15 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $689.8K | 8,069 | 0.1% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $683.1K | 7,073 | 0.1% | 1 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $654.6K | 6,118 | 0.0% | 12 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $649.3K | 2,142 | 0.0% | 11 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $647.8K | 3,581 | 0.0% | 23 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $638.0K | 5,792 | 0.0% | 15 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $633.6K | 2,100 | 0.0% | 2 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $613.4K | 4,940 | 0.0% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $581.7K | 2,669 | 0.0% | 15 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $556.8K | 6,344 | 0.0% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $540.3K | 1,100 | 0.0% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $522.0K | 760 | 0.0% | 1 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $513.5K | 5,779 | 0.0% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $506.6K | 1,874 | 0.0% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $499.3K | 2,702 | 0.0% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $487.5K | 2,941 | 0.0% | 12 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.5% | +14.8% | -0.4% | 100% |
| Q1 2026 | -2.4% | -4.6% | +2.2% | 100% |
| Q4 2025 | +3.2% | +2.4% | +0.9% | 100% |
| Q3 2025 | +8.1% | +7.8% | +0.3% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.0% | 100% |
| Q1 2025 | -3.7% | -4.6% | +0.9% | 100% |
| Q4 2024 | +0.0% | +2.1% | -2.1% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.3B | 156 |
| Q1 2026 | $1.2B | 148 |
| Q4 2025 | $1.2B | 125 |
| Q3 2025 | $1.1B | 125 |
| Q2 2025 | $1.0B | 128 |
| Q1 2025 | $930.2M | 122 |
| Q4 2024 | $955.0M | 123 |
| Q3 2024 | $944.8M | 128 |
| Q2 2024 | $870.7M | 126 |
| Q1 2024 | $831.7M | 119 |
| Q4 2023 | $758.9M | 118 |
| Q3 2023 | $687.5M | 110 |