German American Bancorp, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), German American Bancorp, Inc. reported 126 stock positions worth $870.7 million. Its top holding was iShares Intermediate Governm (GVI) at 9.1% of the portfolio, followed by iShares MSCI Acwi Ex US ETF (ACWX, 9.1%) and iShares Russell Mid-Cap ETF (IWR, 7.8%). Compared with Q1 2024, it opened 12 new positions, sold out of 5, added to 73 and reduced 19. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +2286%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −46%).

Most Recent 13F
Q2 2026
Location
JASPER, IN
CIK
0000714395
Portfolio Value
$870.7M (Q2 2024)
SEC Filing
0000714395-24-000038 ↗ filed Aug 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $831.7M Q1 2024 Q2 2024: $870.7M $870.7M Q2 2024 Q3 2024: $944.8M Q3 2024 Q4 2024: $955.0M Q4 2024 Q1 2025: $930.2M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 126 stocks · $870.7M
GVI iShares Intermediate Governm 9.13% 766,691 $79.5M Add +3.0%
ACWX iShares MSCI Acwi Ex US ETF 9.08% 1,487,662 $79.0M Add +2.2%
IWR iShares Russell Mid-Cap ETF 7.81% 839,041 $68.0M Add +1.6%
MSFT Microsoft Corp. 4.95% 96,504 $43.1M Add +1.3%
IWM iShares Russell 2000 ETF 4.40% 188,664 $38.3M Add +1.7%
AAPL Apple Inc. 4.16% 172,046 $36.2M Add +2.9%
GOOGL Alphabet Inc. Class A 3.95% 189,008 $34.4M Add +3.1%
IWD iShares Russell 1000 Value E 3.82% 190,673 $33.3M Reduce -1.9%
NVDA Nvidia Corp. 3.47% 244,865 $30.3M Add +3.8%
SPY SS SPDR S&P 500 ETF Trust-US 3.18% 50,796 $27.6M Reduce -45.9%
IVV iShares Core S&P 500 ETF 2.78% 44,309 $24.2M Add +2286.1%
AMZN Amazon.com Inc. 2.50% 112,595 $21.8M Add +4.2%
META Meta Platforms Inc. Class A 1.96% 33,760 $17.0M Add +3.6%
UNH Unitedhealth Group Inc. 1.88% 32,055 $16.3M Add +1.9%
JPM JPMorgan Chase & Co. 1.86% 79,883 $16.2M Add +1.9%
MA Mastercard Inc. Class A 1.68% 33,219 $14.7M Add +3.1%
ORCL Oracle Corp. 1.54% 95,231 $13.4M Add +1.8%
MU Micron Technology Inc. 1.37% 90,400 $11.9M Add +1.7%
COST Costco Wholesale Corp. 1.25% 12,844 $10.9M Add +3.1%
PG The Procter & Gamble Co. 1.19% 62,685 $10.3M Add +2.2%
CAT Caterpillar Inc. 1.18% 30,846 $10.3M Add +2.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.12% 142,976 $9.7M Add +2.2%
MUB iShares National Muni Bond E 1.08% 88,049 $9.4M Reduce -0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.99% 217,516 $8.7M Add +4.0%
XLY SS Consumer Disc Select Sect 0.98% 46,750 $8.5M Reduce -0.2%
XOM Exxon Mobil Corp. 0.95% 72,182 $8.3M Add +2.0%
ABT Abbott Laboratories 0.93% 78,068 $8.1M Add +3.0%
BLK BlackRock Finance Inc. 0.92% 10,131 $8.0M Add +3.1%
FDX FedEx Corp. 0.84% 24,313 $7.3M Add +2.4%
KO The Coca-Cola Co. 0.84% 114,316 $7.3M Add +2.6%
GABC German American Bancorp 0.80% 197,618 $7.0M Add +2.7%
MS Morgan Stanley 0.80% 71,682 $7.0M Add +1.9%
JNJ Johnson & Johnson 0.78% 46,663 $6.8M Add +2.8%
XLP SS Consumer Staples Sel Sect 0.69% 78,880 $6.0M Add +1.3%
HON Honeywell International Inc. 0.68% 27,707 $5.9M Add +2.3%
COP Conocophillips 0.66% 50,334 $5.8M Add +1.9%
IWS iShares Russell Mid-Cap Valu 0.65% 46,512 $5.6M Reduce -2.0%
SNPS Synopsys Inc. 0.63% 9,205 $5.5M Add +5.0%
GM General Motors Co. 0.60% 111,916 $5.2M Add +4.4%
TMO Thermo Fisher Scientific Inc. 0.59% 9,261 $5.1M Add +2.6%
NKE Nike Inc. Class B 0.56% 64,282 $4.8M Add +3.0%
CSCO Cisco Systems Inc. 0.54% 98,166 $4.7M Add +1.3%
LEN Lennar Corp. Class A 0.52% 30,185 $4.5M Add +1.5%
DHR Danaher Corp. 0.50% 17,562 $4.4M Add +4.8%
ABBV Abbvie Inc. 0.49% 24,631 $4.2M Add +2.6%
BA The Boeing Co. 0.47% 22,312 $4.1M Add +1.8%
PSX Phillips 66 0.43% 26,219 $3.7M Add +1.6%
PFE Pfizer Inc. 0.41% 129,012 $3.6M Add +3.0%
XLB SS Materials Select Sector 0.41% 40,572 $3.6M Add +2.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.39% 34,093 $3.4M Add +3.0%
IWN iShares Russell 2000 Value E 0.38% 21,734 $3.3M Reduce -1.7%
ZTS Zoetis Inc. 0.38% 18,981 $3.3M New
VCIT Vanguard Int-Term Corporate 0.32% 35,358 $2.8M Add +22.9%
VYM Vanguard High DVD Yield ETF 0.32% 23,821 $2.8M No change
RTX RTX Corp. 0.31% 27,087 $2.7M Add +2.0%
SUB iShares Short-Term National 0.28% 23,140 $2.4M Reduce -0.8%
XLE SS Energy Select Sector 0.26% 24,586 $2.2M Reduce -0.6%
LLY Eli Lilly & Co. 0.23% 2,248 $2.0M Add +4.7%
XLC SS Comm Select Sector SPDR 0.22% 22,398 $1.9M Reduce -0.1%
V Visa Inc. Class A 0.19% 6,146 $1.6M Add +3.8%
XLK SS Technology Select Sector 0.18% 7,059 $1.6M Add +6.9%
QQQ Invesco QQQ Trust Series 1 0.17% 3,104 $1.5M Add +7.6%
HD Home Depot Inc. 0.13% 3,324 $1.1M Add +5.4%
SPDW Ste STR SPDR PT DW Eu ETF 0.13% 31,453 $1.1M No change
XLF SS Financial Select Sector 0.12% 25,954 $1.1M Reduce -5.4%
ADBE Adobe Inc. 0.11% 1,792 $996K Add +6.1%
EFA iShares MSCI Eafe ETF 0.11% 12,576 $985K Add +16.4%
LRCX Lam Research Corp. 0.11% 914 $973K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 3,581 $867K Add +19.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 6,572 $724K Add +2.4%
AVGO Broadcom Inc. 0.08% 442 $710K Add +25.2%
SPTM SS SPDR P S&P 1500 Comp ETF 0.08% 10,525 $698K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.08% 1,838 $687K No change
ITOT iShares Core S&P Total U.S. 0.08% 5,780 $687K No change
DE Deere & Co. 0.08% 1,753 $655K Add +5.9%
SPIB SS SPDR P Int C Corp. ETF 0.07% 18,780 $611K New
MDY State Street SPDR S&P Midcap 0.07% 1,142 $611K No change
TSLA Tesla Inc. 0.07% 2,881 $570K Add +135.2%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 2,545 $555K Add +33.3%
GOLDMAN SACHS GROUP INC 0.06% 1,195 $541K No change
AMGN Amgen Inc. 0.06% 1,719 $537K Reduce -1.7%
XLV SS Health Care Select Sector 0.06% 3,652 $532K Reduce -16.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.05% 2,979 $478K No change
IUSV iShares Core S&P U.S. Value 0.05% 5,336 $470K No change
CRH CRH PLC 0.05% 6,152 $461K Reduce -0.2%
ADP Automatic Data Processing 0.05% 1,917 $458K Reduce -2.5%
PEP Pepsico Inc. 0.05% 2,768 $457K Add +11.0%
MCD McDonald's Corp. 0.05% 1,770 $451K Add +15.7%
IWF iShares Russell 1000 Growth 0.05% 1,235 $450K No change
AGG iShares Core U.S. Aggregate 0.05% 4,542 $441K No change
CHD Church & Dwight Co. Inc. 0.05% 4,201 $436K Reduce -1.2%
BSV Vanguard Short-Term Bond ETF 0.05% 5,623 $431K No change
BRK.B Berkshire Hathaway Inc. Class B 0.05% 1,045 $425K Add +9.4%
GLD SPDR Gold Shares 0.05% 1,920 $413K Reduce -17.2%
TXN Texas Instruments Inc. 0.05% 2,053 $399K No change
CVX Chevron Corp. 0.05% 2,534 $396K Add +27.7%
WMT Walmart Inc. 0.04% 5,607 $380K Add +11.6%
TT Trane Technologies PLC 0.04% 1,100 $362K No change
PM Philip Morris International 0.04% 3,443 $349K No change
QCOM Qualcomm Inc. 0.04% 1,719 $342K Reduce -3.3%

Show all 126 holdings

Portfolio Sells Q1 2024 → Q2 2024
SPY SS SPDR S&P 500 ETF Trust-US Reduce -45.9% 3.18% −2.73
CVS CVS Health Corp. Sold out 0.00% −0.53
IWD iShares Russell 1000 Value E Reduce -1.9% 3.82% −0.36
IWS iShares Russell Mid-Cap Valu Reduce -2.0% 0.65% −0.07
MUB iShares National Muni Bond E Reduce -0.7% 1.08% −0.07
XLY SS Consumer Disc Select Sect Reduce -0.2% 0.98% −0.06
IWN iShares Russell 2000 Value E Reduce -1.7% 0.38% −0.04
INTC Intel Corp. Sold out 0.00% −0.03
PECO Phillips Edison & Company Inc. Sold out 0.00% −0.03
UPS United Parcel Service Class B Sold out 0.00% −0.03
AMD Advanced Micro Devices Sold out 0.00% −0.02
XLE SS Energy Select Sector Reduce -0.6% 0.26% −0.02
XLI SS Industrial Select Sector Reduce -39.4% 0.03% −0.02
XLV SS Health Care Select Sector Reduce -16.5% 0.06% −0.02
XLF SS Financial Select Sector Reduce -5.4% 0.12% −0.02
SUB iShares Short-Term National Reduce -0.8% 0.28% −0.02
CRH CRH PLC Reduce -0.2% 0.05% −0.01
GLD SPDR Gold Shares Reduce -17.2% 0.05% −0.01
PNC PNC Financial Services Group Reduce -17.4% 0.03% −0.01
ADP Automatic Data Processing Reduce -2.5% 0.05% −0.01
CHD Church & Dwight Co. Inc. Reduce -1.2% 0.05% −0.00
XLC SS Comm Select Sector SPDR Reduce -0.1% 0.22% +0.00
AMGN Amgen Inc. Reduce -1.7% 0.06% +0.00
QCOM Qualcomm Inc. Reduce -3.3% 0.04% +0.00

Portfolio Buys Q1 2024 → Q2 2024
IVV iShares Core S&P 500 ETF Add +2286.1% 2.78% +2.67
NVDA Nvidia Corp. Add +3.8% 3.47% +0.91
AAPL Apple Inc. Add +2.9% 4.16% +0.71
GOOGL Alphabet Inc. Class A Add +3.1% 3.95% +0.63
ZTS Zoetis Inc. New 0.38% +0.38
COST Costco Wholesale Corp. Add +3.1% 1.25% +0.16
AMZN Amazon.com Inc. Add +4.2% 2.50% +0.15
MSFT Microsoft Corp. Add +1.3% 4.95% +0.14
ORCL Oracle Corp. Add +1.8% 1.54% +0.13
LRCX Lam Research Corp. New 0.11% +0.11
MU Micron Technology Inc. Add +1.7% 1.37% +0.11
SPIB SS SPDR P Int C Corp. ETF New 0.07% +0.07
META Meta Platforms Inc. Class A Add +3.6% 1.96% +0.05
VCIT Vanguard Int-Term Corporate Add +22.9% 0.32% +0.05
BAC Bank of America Corp. Add +4.0% 0.99% +0.04
TSLA Tesla Inc. Add +135.2% 0.07% +0.04
MRSH Marsh & McLennan Cos New 0.03% +0.03
LLY Eli Lilly & Co. Add +4.7% 0.23% +0.03
UNP Union Pacific Corp. New 0.03% +0.03
WM Waste Management Inc. New 0.03% +0.03
SNPS Synopsys Inc. Add +5.0% 0.63% +0.03
AVGO Broadcom Inc. Add +25.2% 0.08% +0.03
ELV Elevance Health Inc. New 0.03% +0.03
ORLY O'reilly Automotive Inc. New 0.02% +0.02
ETN Eaton Corp. PLC New 0.02% +0.02
AXP American Express Co. New 0.02% +0.02
MSI Motorola Solutions Inc. New 0.02% +0.02
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.02% +0.02
XLK SS Technology Select Sector Add +6.9% 0.18% +0.02
QQQ Invesco QQQ Trust Series 1 Add +7.6% 0.17% +0.02
KO The Coca-Cola Co. Add +2.6% 0.84% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Add +2.2% 1.12% +0.01
GM General Motors Co. Add +4.4% 0.60% +0.01
ADBE Adobe Inc. Add +6.1% 0.11% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +33.3% 0.06% +0.01
HON Honeywell International Inc. Add +2.3% 0.68% +0.01
FDX FedEx Corp. Add +2.4% 0.84% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +19.7% 0.10% +0.01
EFA iShares MSCI Eafe ETF Add +16.4% 0.11% +0.01
CVX Chevron Corp. Add +27.7% 0.05% +0.01
WMT Walmart Inc. Add +11.6% 0.04% +0.01
AGGM iShares 1-10 Year U.S. Aggre Add +33.1% 0.03% +0.01
NEE Nextera Energy Inc. Add +9.6% 0.04% +0.01
TJX TJX Companies Inc. Add +2.4% 0.08% +0.00
MS Morgan Stanley Add +1.9% 0.80% +0.00
UNH Unitedhealth Group Inc. Add +1.9% 1.88% +0.00
LIN Linde PLC Add +22.3% 0.03% +0.00
STZ Constellation Brands Inc. Class A Add +19.4% 0.04% +0.00
RTX RTX Corp. Add +2.0% 0.31% +0.00
DHR Danaher Corp. Add +4.8% 0.50% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 156$1.3BACWX, IWR, GVI, IWM, MU
Q1 2026 148$1.2BACWX, GVI, IWR, IWM, GOOGL
Q4 2025 125$1.2BACWX, IWR, GVI, GOOGL, IWM
Q3 2025 125$1.1BACWX, IWR, GVI, MSFT, IWM
Q2 2025 128$1.0BACWX, GVI, IWR, MSFT, IWM
Q1 2025 122$930.2MGVI, ACWX, IWR, IWM, AAPL
Q4 2024 123$955.0MGVI, IWR, ACWX, AAPL, IWM
Q3 2024 128$944.8MACWX, GVI, IWR, IWM, MSFT
Q2 2024 126$870.7MGVI, ACWX, IWR, MSFT, IWM
Q1 2024 119$831.7MACWX, GVI, IWR, SPY, MSFT