German American Bancorp, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), German American Bancorp, Inc. reported 148 stock positions worth $1.2 billion. Its top holding was iShares MSCI Acwi Ex US ETF (ACWX) at 9.9% of the portfolio, followed by iShares Intermediate Governm (GVI, 8.1%) and iShares Russell Mid-Cap ETF (IWR, 8.0%). Compared with Q4 2025, it opened 27 new positions, sold out of 4, added to 50 and reduced 44. The biggest buy was iShares MSCI Acwi Ex US ETF (ACWX, shares +4%) and the biggest sale Alphabet Class A (GOOGL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- JASPER, IN
- CIK
- 0000714395
- Portfolio Value
- $1.2B (Q1 2026)
- SEC Filing
- 0000714395-26-000025 ↗ filed May 6, 2026
Holdings Value
Holdings 148 stocks · $1.2B
| ACWX iShares MSCI Acwi Ex US ETF | 9.88% | 1,677,698 | $114.9M | Add +4.1% |
| GVI iShares Intermediate Governm | 8.13% | 886,374 | $94.6M | Add +3.7% |
| IWR iShares Russell Mid-Cap ETF | 8.04% | 961,460 | $93.5M | Add +0.3% |
| IWM iShares Russell 2000 ETF | 4.65% | 218,117 | $54.1M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 4.05% | 163,740 | $47.1M | Reduce -4.5% |
| AAPL Apple Inc. | 4.05% | 185,524 | $47.1M | Reduce -0.3% |
| NVDA Nvidia Corp. | 4.04% | 269,667 | $47.0M | Reduce -1.8% |
| MSFT Microsoft Corp. | 3.55% | 111,628 | $41.3M | Add +2.8% |
| GABC German American Bancorp | 3.47% | 966,872 | $40.4M | Add +1.3% |
| IVV iShares Core S&P 500 ETF | 3.17% | 56,439 | $36.9M | Reduce -8.0% |
| AMZN Amazon.com Inc. | 2.71% | 151,064 | $31.5M | Add +1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.42% | 43,200 | $28.1M | Reduce -1.6% |
| MU Micron Technology Inc. | 2.01% | 69,122 | $23.4M | Reduce -12.5% |
| META Meta Platforms Inc. Class A | 1.93% | 39,285 | $22.5M | Add +1.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.87% | 473,533 | $21.7M | Add +6.5% |
| AVGO Broadcom Inc. | 1.52% | 57,240 | $17.7M | Add +4.1% |
| JPM JPMorgan Chase & Co. | 1.45% | 57,193 | $16.8M | Reduce -0.9% |
| MUB iShares National Muni Bond E | 1.22% | 133,184 | $14.1M | Reduce -4.0% |
| COST Costco Wholesale Corp. | 1.19% | 13,928 | $13.9M | Add +0.6% |
| LLY Eli Lilly & Co. | 1.19% | 15,053 | $13.8M | Add +1.0% |
| CAT Caterpillar Inc. | 1.19% | 19,525 | $13.8M | Reduce -0.3% |
| MA Mastercard Inc. Class A | 1.16% | 27,072 | $13.5M | Reduce -1.0% |
| RTX RTX Corp. | 1.16% | 69,748 | $13.5M | Reduce -0.2% |
| MS Morgan Stanley | 1.14% | 80,737 | $13.3M | Add +0.1% |
| XOM Exxon Mobil Corp. | 1.13% | 77,781 | $13.2M | Reduce -5.7% |
| ORCL Oracle Corp. | 1.11% | 87,502 | $12.9M | Add +1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.07% | 254,309 | $12.4M | Reduce -0.1% |
| JNJ Johnson & Johnson | 1.04% | 49,461 | $12.1M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 24,076 | $11.5M | Add +7.3% |
| BLK BlackRock Inc. | 0.94% | 11,342 | $10.9M | Add +0.8% |
| KO The Coca-Cola Co. | 0.85% | 129,905 | $9.9M | Reduce -0.0% |
| PG The Procter & Gamble Co. | 0.85% | 68,275 | $9.9M | Add +2.7% |
| GM General Motors Co. | 0.84% | 131,448 | $9.8M | Add +0.2% |
| FDX FedEx Corp. | 0.83% | 27,170 | $9.7M | Add +1.0% |
| WMT Walmart Inc. | 0.79% | 73,616 | $9.1M | Add +0.7% |
| ABT Abbott Laboratories | 0.77% | 87,627 | $9.0M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.75% | 111,792 | $8.7M | Reduce -0.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.64% | 35,827 | $7.4M | Add +1.0% |
| NOC Northrop Grumman Corp. | 0.63% | 10,688 | $7.3M | Add +89.7% |
| HON Honeywell International Inc. | 0.62% | 32,098 | $7.3M | Add +0.6% |
| COP Conocophillips | 0.58% | 51,061 | $6.7M | Reduce -6.0% |
| UNH Unitedhealth Group Inc. | 0.57% | 24,354 | $6.6M | Add +6.2% |
| ABBV Abbvie Inc. | 0.53% | 28,574 | $6.2M | Reduce -0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.48% | 34,629 | $5.5M | Add +1.3% |
| XLY SS Consumer Disc Select Sect | 0.46% | 48,716 | $5.3M | Reduce -4.6% |
| TMO Thermo Fisher Scientific Inc. | 0.44% | 10,375 | $5.1M | Add +1.0% |
| BA The Boeing Co. | 0.42% | 24,472 | $4.9M | Add +0.7% |
| PSX Phillips 66 | 0.41% | 26,031 | $4.7M | Reduce -8.7% |
| SNPS Synopsys Inc. | 0.34% | 10,006 | $4.0M | Add +8.3% |
| PFE Pfizer Inc. | 0.34% | 140,836 | $4.0M | Add +9.6% |
| SUB iShares Short-Term National | 0.34% | 36,771 | $3.9M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 39,946 | $3.8M | Add +1.0% |
| VYM Vanguard High DVD Yield ETF | 0.30% | 23,821 | $3.5M | No change |
| DHR Danaher Corp. | 0.30% | 18,603 | $3.5M | Add +0.9% |
| NKE Nike Inc. Class B | 0.30% | 66,428 | $3.5M | Add +8.5% |
| VCIT Vanguard Int-Term Corporate | 0.27% | 37,543 | $3.1M | Reduce -7.0% |
| ZTS Zoetis Inc. | 0.21% | 20,291 | $2.4M | Add +8.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.18% | 3,571 | $2.1M | Reduce -16.1% |
| XLK SS Technology Select Sector | 0.17% | 15,036 | $2.0M | Reduce -0.5% |
| V Visa Inc. Class A | 0.17% | 6,413 | $1.9M | Add +3.4% |
| XLC SS Comm Select Sector SPDR | 0.16% | 16,898 | $1.9M | Reduce -3.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 5,170 | $1.7M | New |
| AMGN Amgen Inc. | 0.13% | 4,304 | $1.5M | Add +142.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.12% | 31,453 | $1.4M | No change |
| CRM Salesforce Inc. | 0.12% | 7,455 | $1.4M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 3,595 | $1.0M | Reduce -1.1% |
| GOLDMAN SACHS GROUP INC | 0.09% | 1,175 | $994K | Reduce -1.5% |
| HD Home Depot Inc. | 0.08% | 2,971 | $977K | Reduce -5.3% |
| XLF SS Financial Select Sector | 0.08% | 19,690 | $972K | Reduce -2.9% |
| DE Deere & Co. | 0.08% | 1,618 | $911K | No change |
| IWD iShares Russell 1000 Value E | 0.08% | 4,257 | $910K | Reduce -6.6% |
| EFA iShares MSCI Eafe ETF | 0.08% | 9,147 | $888K | Reduce -20.4% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.07% | 10,525 | $832K | No change |
| MDY State Street SPDR S&P Midcap | 0.07% | 1,242 | $766K | No change |
| ASTS Ast Spacemobile Inc. | 0.06% | 8,769 | $727K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.06% | 1,648 | $720K | No change |
| CVX Chevron Corp. | 0.06% | 3,370 | $697K | Add +18.9% |
| TXN Texas Instruments Inc. | 0.06% | 3,424 | $665K | Add +22.0% |
| CRH CRH PLC | 0.06% | 6,118 | $643K | Reduce -0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.05% | 2,417 | $633K | Add +3.8% |
| ITOT iShares Core S&P Total U.S. | 0.05% | 4,420 | $630K | No change |
| AGG iShares Core U.S. Aggregate | 0.05% | 6,288 | $624K | Add +58.5% |
| MCD McDonald's Corp. | 0.05% | 1,982 | $616K | Reduce -0.8% |
| VXUS Vanguard Total Intl Stock | 0.05% | 7,844 | $605K | No change |
| IUSV iShares Core S&P U.S. Value | 0.05% | 5,792 | $592K | No change |
| PM Philip Morris International | 0.05% | 3,581 | $592K | No change |
| NEE Nextera Energy Inc. | 0.05% | 6,344 | $589K | Reduce -2.6% |
| XLV SS Health Care Select Sector | 0.05% | 3,845 | $564K | Reduce -9.7% |
| GLD SPDR Gold Shares | 0.05% | 1,297 | $558K | No change |
| AMD Advanced Micro Devices | 0.05% | 2,663 | $542K | New |
| IWF iShares Russell 1000 Growth | 0.05% | 1,235 | $527K | No change |
| VZ Verizon Communications Inc. | 0.05% | 10,467 | $525K | Add +102.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.04% | 2,669 | $524K | No change |
| MO Altria Group Inc. | 0.04% | 7,046 | $465K | Add +60.7% |
| TT Trane Technologies PLC | 0.04% | 1,100 | $458K | No change |
| SPIB SS SPDR P Int C Corp. ETF | 0.04% | 13,503 | $453K | Add +25.6% |
| ADBE Adobe Inc. | 0.04% | 1,848 | $449K | Add +15.7% |
| BSV Vanguard Short-Term Bond ETF | 0.04% | 5,623 | $441K | No change |
| MRK Merck & Co. Inc. | 0.04% | 3,581 | $431K | New |
| T AT&T Inc. | 0.04% | 14,606 | $423K | New |
Portfolio Sells Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Reduce -4.5% | 4.05% | −0.52 |
| IVV iShares Core S&P 500 ETF | Reduce -8.0% | 3.17% | −0.41 |
| NVDA Nvidia Corp. | Reduce -1.8% | 4.04% | −0.32 |
| AAPL Apple Inc. | Reduce -0.3% | 4.05% | −0.26 |
| MA Mastercard Inc. Class A | Reduce -1.0% | 1.16% | −0.17 |
| ABT Abbott Laboratories | Reduce -0.2% | 0.77% | −0.16 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 1.45% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 2.42% | −0.13 |
| BAC Bank of America Corp. | Reduce -0.1% | 1.07% | −0.13 |
| XLY SS Consumer Disc Select Sect | Reduce -4.6% | 0.46% | −0.06 |
| MUB iShares National Muni Bond E | Reduce -4.0% | 1.22% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -16.1% | 0.18% | −0.05 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.04 |
| MMM 3M Co. | Sold out | 0.00% | −0.03 |
| VOOV Vanguard S&P 500 Value ETF | Sold out | 0.00% | −0.02 |
| ABBV Abbvie Inc. | Reduce -0.2% | 0.53% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Reduce -7.0% | 0.27% | −0.02 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -20.4% | 0.08% | −0.02 |
| XLC SS Comm Select Sector SPDR | Reduce -3.1% | 0.16% | −0.01 |
| XLK SS Technology Select Sector | Reduce -0.5% | 0.17% | −0.01 |
| ADP Automatic Data Processing | Reduce -5.3% | 0.03% | −0.01 |
| XLF SS Financial Select Sector | Reduce -2.9% | 0.08% | −0.01 |
| CRH CRH PLC | Reduce -0.2% | 0.06% | −0.01 |
| HD Home Depot Inc. | Reduce -5.3% | 0.08% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -9.7% | 0.05% | −0.01 |
| AXP American Express Co. | Reduce -8.6% | 0.02% | −0.01 |
| GE General Electric | Reduce -16.6% | 0.02% | −0.01 |
| SUB iShares Short-Term National | Reduce -2.1% | 0.34% | −0.00 |
| LEN Lennar Corp. Class A | Reduce -5.9% | 0.02% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -16.2% | 0.04% | −0.00 |
| SYK Stryker Corp. | Reduce -13.6% | 0.02% | −0.00 |
| GOLDMAN SACHS GROUP INC | Reduce -1.5% | 0.09% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -6.6% | 0.08% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.1% | 0.09% | −0.00 |
| WM Waste Management Inc. | Reduce -6.5% | 0.02% | −0.00 |
| XLI SS Industrial Select Sector | Reduce -1.8% | 0.02% | +0.00 |
| LIN Linde PLC | Reduce -10.6% | 0.02% | +0.00 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.05% | +0.00 |
| NEE Nextera Energy Inc. | Reduce -2.6% | 0.05% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.1% | 0.75% | +0.01 |
| RTX RTX Corp. | Reduce -0.2% | 1.16% | +0.07 |
| KO The Coca-Cola Co. | Reduce -0.0% | 0.85% | +0.08 |
| MU Micron Technology Inc. | Reduce -12.5% | 2.01% | +0.09 |
| PSX Phillips 66 | Reduce -8.7% | 0.41% | +0.09 |
| COP Conocophillips | Reduce -6.0% | 0.58% | +0.15 |
| CAT Caterpillar Inc. | Reduce -0.3% | 1.19% | +0.23 |
| XOM Exxon Mobil Corp. | Reduce -5.7% | 1.13% | +0.29 |
Portfolio Buys Q4 2025 → Q1 2026
| ACWX iShares MSCI Acwi Ex US ETF | Add +4.1% | 9.88% | +0.66 |
| NOC Northrop Grumman Corp. | Add +89.7% | 0.63% | +0.35 |
| GVI iShares Intermediate Governm | Add +3.7% | 8.13% | +0.32 |
| GABC German American Bancorp | Add +1.3% | 3.47% | +0.29 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +6.5% | 1.87% | +0.25 |
| JNJ Johnson & Johnson | Add +1.4% | 1.04% | +0.18 |
| COST Costco Wholesale Corp. | Add +0.6% | 1.19% | +0.18 |
| IWR iShares Russell Mid-Cap ETF | Add +0.3% | 8.04% | +0.18 |
| FDX FedEx Corp. | Add +1.0% | 0.83% | +0.17 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.14% | +0.14 |
| CRM Salesforce Inc. | New | 0.12% | +0.12 |
| HON Honeywell International Inc. | Add +0.6% | 0.62% | +0.09 |
| WMT Walmart Inc. | Add +0.7% | 0.79% | +0.09 |
| IWM iShares Russell 2000 ETF | Add +0.3% | 4.65% | +0.09 |
| AMGN Amgen Inc. | Add +142.9% | 0.13% | +0.08 |
| PFE Pfizer Inc. | Add +9.6% | 0.34% | +0.07 |
| AMD Advanced Micro Devices | New | 0.05% | +0.05 |
| MRK Merck & Co. Inc. | New | 0.04% | +0.04 |
| PG The Procter & Gamble Co. | Add +2.7% | 0.85% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +7.3% | 0.99% | +0.03 |
| TFC Truist Financial Corp. | New | 0.03% | +0.03 |
| CVS CVS Health Corp. | New | 0.03% | +0.03 |
| APA Apa Corp. | New | 0.03% | +0.03 |
| INTC Intel Corp. | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | New | 0.03% | +0.03 |
| KLAC KLA Corp. | New | 0.03% | +0.03 |
| TJX TJX Companies Inc. | Add +1.3% | 0.48% | +0.03 |
| MTB M & T Bank Corp. | Add +1.0% | 0.64% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| ALLY Ally Financial Inc. | New | 0.03% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | Add +102.0% | 0.05% | +0.03 |
| TGT Target Corp. | New | 0.03% | +0.03 |
| CTRA Coterra Energy Inc. | New | 0.03% | +0.03 |
| TSN Tyson Foods Inc. Class A | New | 0.02% | +0.02 |
| CVX Chevron Corp. | Add +18.9% | 0.06% | +0.02 |
| DG Dollar General Corp. | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| CNH CNH Industrial NV | New | 0.02% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +58.5% | 0.05% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| F Ford Motor Co. | New | 0.02% | +0.02 |
| MO Altria Group Inc. | Add +60.7% | 0.04% | +0.02 |
| ES Eversource Energy | New | 0.02% | +0.02 |
| FITB Fifth Third Bancorp | New | 0.02% | +0.02 |
| KMI Kinder Morgan Inc. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| WU Western Union Co. | New | 0.02% | +0.02 |
| TXN Texas Instruments Inc. | Add +22.0% | 0.06% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 156 | $1.3B | ACWX, IWR, GVI, IWM, MU |
| Q1 2026 | 148 | $1.2B | ACWX, GVI, IWR, IWM, GOOGL |
| Q4 2025 | 125 | $1.2B | ACWX, IWR, GVI, GOOGL, IWM |
| Q3 2025 | 125 | $1.1B | ACWX, IWR, GVI, MSFT, IWM |
| Q2 2025 | 128 | $1.0B | ACWX, GVI, IWR, MSFT, IWM |
| Q1 2025 | 122 | $930.2M | GVI, ACWX, IWR, IWM, AAPL |
| Q4 2024 | 123 | $955.0M | GVI, IWR, ACWX, AAPL, IWM |
| Q3 2024 | 128 | $944.8M | ACWX, GVI, IWR, IWM, MSFT |
| Q2 2024 | 126 | $870.7M | GVI, ACWX, IWR, MSFT, IWM |
| Q1 2024 | 119 | $831.7M | ACWX, GVI, IWR, SPY, MSFT |