German American Bancorp, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), German American Bancorp, Inc. reported 156 stock positions worth $1.3 billion. Its top holding was iShares MSCI Acwi Ex US ETF (ACWX) at 10.2% of the portfolio, followed by iShares Russell Mid-Cap ETF (IWR, 8.0%) and iShares Intermediate Governm (GVI, 7.5%). Compared with Q1 2026, it opened 19 new positions, sold out of 13, added to 32 and reduced 74. The biggest buy was Broadcom (AVGO, shares +13%) and the biggest sale Exxon Mobil (XOM, shares −12%).

Most Recent 13F
Q2 2026
Location
JASPER, IN
CIK
0000714395
Portfolio Value
$1.3B (Q2 2026)
SEC Filing
0000714395-26-000034 ↗ filed Aug 6, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $831.7M Q1 2024 Q2 2024: $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 $1.3B Q2 2026

Holdings 156 stocks · $1.3B
ACWX iShares MSCI Acwi Ex US ETF 10.16% 1,776,727 $135.2M Add +5.9%
IWR iShares Russell Mid-Cap ETF 7.98% 962,740 $106.2M Add +0.1%
GVI iShares Intermediate Governm 7.51% 941,740 $99.9M Add +6.3%
IWM iShares Russell 2000 ETF 4.94% 218,586 $65.7M Add +0.2%
MU Micron Technology Inc. 4.39% 50,603 $58.4M Reduce -26.8%
GOOGL Alphabet Inc. Class A 4.29% 159,932 $57.2M Reduce -2.3%
NVDA Nvidia Corp. 4.03% 268,074 $53.6M Reduce -0.6%
AAPL Apple Inc. 4.00% 184,042 $53.3M Reduce -0.8%
GABC German American Bancorp 3.39% 951,402 $45.2M Reduce -1.6%
MSFT Microsoft Corp. 3.25% 116,031 $43.3M Add +3.9%
IVV iShares Core S&P 500 ETF 3.11% 55,199 $41.3M Reduce -2.2%
AMZN Amazon.com Inc. 2.65% 148,069 $35.3M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 2.35% 41,889 $31.3M Reduce -3.0%
AVGO Broadcom Inc. 1.83% 64,624 $24.4M Add +12.9%
META Meta Platforms Inc. Class A 1.64% 38,717 $21.8M Reduce -1.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.63% 477,625 $21.7M Add +0.9%
CAT Caterpillar Inc. 1.54% 19,252 $20.5M Reduce -1.4%
JPM JPMorgan Chase & Co. 1.41% 57,445 $18.8M Add +0.4%
LLY Eli Lilly & Co. 1.38% 15,347 $18.4M Add +1.9%
MS Morgan Stanley 1.26% 80,223 $16.8M Reduce -0.6%
BAC Bank of America Corp. 1.08% 253,403 $14.4M Reduce -0.4%
MUB iShares National Muni Bond E 1.08% 134,158 $14.4M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 1.05% 27,912 $14.0M Add +15.9%
MA Mastercard Inc. Class A 1.02% 26,518 $13.6M Reduce -2.0%
RTX RTX Corp. 1.00% 70,094 $13.3M Add +0.5%
CSCO Cisco Systems Inc. 0.98% 111,407 $13.1M Reduce -0.3%
COST Costco Wholesale Corp. 0.97% 13,751 $12.9M Reduce -1.3%
ORCL Oracle Corp. 0.96% 87,363 $12.8M Reduce -0.2%
JNJ Johnson & Johnson 0.94% 49,493 $12.6M Add +0.1%
BLK BlackRock Inc. 0.81% 11,271 $10.8M Reduce -0.6%
KO The Coca-Cola Co. 0.79% 128,909 $10.5M Reduce -0.8%
UNH Unitedhealth Group Inc. 0.76% 24,246 $10.1M Reduce -0.4%
GM General Motors Co. 0.75% 130,258 $10.0M Reduce -0.9%
PG The Procter & Gamble Co. 0.75% 67,783 $9.9M Reduce -0.7%
XOM Exxon Mobil Corp. 0.70% 68,124 $9.3M Reduce -12.4%
WMT Walmart Inc. 0.64% 75,664 $8.6M Add +2.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.64% 35,600 $8.5M Reduce -0.6%
FDX FedEx Corp. 0.64% 26,990 $8.5M Reduce -0.7%
ABT Abbott Laboratories 0.58% 84,589 $7.7M Reduce -3.5%
ABBV Abbvie Inc. 0.54% 28,337 $7.1M Reduce -0.8%
NOC Northrop Grumman Corp. 0.50% 13,106 $6.7M Add +22.6%
XLY SS Consumer Disc Select Sect 0.42% 47,499 $5.6M Reduce -2.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.40% 35,441 $5.4M Add +2.3%
BA The Boeing Co. 0.38% 23,526 $5.1M Reduce -3.9%
TMO Thermo Fisher Scientific Inc. 0.37% 9,814 $4.9M Reduce -5.4%
SUB iShares Short-Term National 0.35% 43,859 $4.7M Add +19.3%
SNPS Synopsys Inc. 0.32% 9,517 $4.2M Reduce -4.9%
COP Conocophillips 0.31% 39,899 $4.1M Reduce -21.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 39,694 $3.8M Reduce -0.6%
VYM Vanguard High DVD Yield ETF 0.28% 23,821 $3.8M No change
CRM Salesforce Inc. 0.28% 23,623 $3.7M Add +216.9%
HON Honeywell International Inc. 0.27% 16,026 $3.6M Reduce -50.1%
HONA Honeywell Aerospace Inc. 0.27% 16,026 $3.5M Reduce -0.1%
DHR Danaher Corp. 0.25% 17,722 $3.4M Reduce -4.7%
PFE Pfizer Inc. 0.25% 138,635 $3.3M Reduce -1.6%
PSX Phillips 66 0.25% 19,720 $3.3M Reduce -24.2%
ADI Analog Devices Inc. 0.25% 8,240 $3.3M New
VCIT Vanguard Int-Term Corporate 0.23% 37,251 $3.1M Reduce -0.8%
XLK SS Technology Select Sector 0.20% 14,105 $2.7M Reduce -6.2%
QQQ Invesco QQQ Trust Series 1 0.20% 3,594 $2.6M Add +0.6%
NKE Nike Inc. Class B 0.19% 62,480 $2.6M Reduce -5.9%
V Visa Inc. Class A 0.17% 6,466 $2.2M Add +0.8%
MRVL Marvell Technology Inc. 0.16% 7,188 $2.1M New
FDXF FedEx Freight Holding Co. 0.15% 13,493 $2.0M Reduce -0.7%
VTI VG Morningstar TS MKT ETF-US 0.14% 5,170 $1.9M No change
XLC SS Comm Select Sector SPDR 0.14% 16,929 $1.8M Add +0.2%
SPDW Ste STR SPDR PT DW Eu ETF 0.12% 31,453 $1.6M No change
AMGN Amgen Inc. 0.12% 4,254 $1.5M Reduce -1.2%
AMD Advanced Micro Devices 0.11% 2,615 $1.5M Reduce -1.8%
ZTS Zoetis Inc. 0.10% 19,202 $1.4M Reduce -5.4%
GOLDMAN SACHS GROUP INC 0.09% 1,230 $1.2M Add +4.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.09% 14,263 $1.1M Reduce -0.8%
XLF SS Financial Select Sector 0.08% 19,690 $1.1M No change
TXN Texas Instruments Inc. 0.08% 3,493 $1.0M Add +2.0%
IWD iShares Russell 1000 Value E 0.08% 4,257 $1.0M No change
DE Deere & Co. 0.08% 1,618 $1.0M No change
HD Home Depot Inc. 0.08% 2,874 $1.0M Reduce -3.3%
SPTM SS SPDR P S&P 1500 Comp ETF 0.07% 10,525 $956K No change
INTC Intel Corp. 0.07% 6,756 $943K Reduce -14.8%
EFA iShares MSCI Eafe ETF 0.07% 8,986 $933K Reduce -1.8%
MDY State Street SPDR S&P Midcap 0.07% 1,242 $874K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.06% 9,888 $852K No change
AMAT Applied Materials Inc. 0.06% 1,124 $813K Add +12.4%
ITOT iShares Core S&P Total U.S. 0.05% 4,420 $726K No change
VXUS Vanguard Total Intl Stock 0.05% 8,069 $690K Add +2.9%
IEFA iShares Core MSCI Eafe ETF 0.05% 7,073 $683K New
CRH CRH PLC 0.05% 6,118 $655K No change
VB Vanguard Most SM-Cap ETF-Usd 0.05% 2,142 $649K Reduce -11.4%
PM Philip Morris International 0.05% 3,581 $648K No change
IUSV iShares Core S&P U.S. Value 0.05% 5,792 $638K No change
KLAC KLA Corp. 0.05% 2,100 $634K Reduce -10.6%
IWF iShares Russell 1000 Growth 0.05% 4,940 $613K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 2,669 $582K No change
NEE Nextera Energy Inc. 0.04% 6,344 $557K No change
TT Trane Technologies PLC 0.04% 1,100 $540K No change
VOO Vanguard S&P 500 ETF 0.04% 760 $522K New
ASTS Ast Spacemobile Inc. 0.04% 5,779 $514K Reduce -34.1%
MCD McDonald's Corp. 0.04% 1,874 $507K Reduce -5.5%
QCOM Qualcomm Inc. 0.04% 2,702 $499K Add +8.1%
CVX Chevron Corp. 0.04% 2,941 $488K Reduce -12.7%
IEMG iShares Core MSCI Emerging 0.04% 5,879 $487K New
GLD SPDR Gold Shares 0.04% 1,298 $478K Add +0.1%
SPIB SS SPDR P Int C Corp. ETF 0.04% 14,203 $475K Add +5.2%
TSM Taiwan Semiconductor-SP ADR 0.03% 957 $457K Reduce -0.5%
ADP Automatic Data Processing 0.03% 1,970 $441K Reduce -1.3%
BSV Vanguard Short-Term Bond ETF 0.03% 5,623 $438K No change
MO Altria Group Inc. 0.03% 6,026 $434K Reduce -14.5%
MRK Merck & Co. Inc. 0.03% 3,358 $432K Reduce -6.2%
CVS CVS Health Corp. 0.03% 4,048 $419K Reduce -18.6%
AEP American Electric Power 0.03% 3,037 $415K Reduce -2.7%
AGGM iShares 1-10 Year U.S. Aggre 0.03% 3,937 $409K No change
IJH iShares Core S&P Midcap ETF 0.03% 5,295 $408K New
TSN Tyson Foods Inc. Class A 0.03% 7,000 $401K Add +59.2%
CHD Church & Dwight Co. Inc. 0.03% 4,126 $400K No change
AGG iShares Core U.S. Aggregate 0.03% 3,980 $394K Reduce -36.7%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.03% 195 $388K Add +26.6%
FTC First Trust Large Cap Growth 0.03% 2,000 $388K No change
PNC PNC Financial Services Group 0.03% 1,530 $377K No change
ALLY Ally Financial Inc. 0.03% 8,096 $372K Reduce -0.2%
XLI SS Industrial Select Sector 0.03% 1,948 $361K Add +11.8%
USB US Bancorp 0.03% 5,916 $357K Reduce -2.9%
VEU Vanguard Ftse All-World Ex-U 0.03% 4,233 $355K No change
SPEM State Street SP PTF Em ETF 0.03% 6,711 $347K No change
GE General Electric filed as GE AEROSPACE 0.03% 903 $337K Reduce -3.9%
VEA Vanguard Ftse Developed ETF 0.03% 4,707 $335K New
ADBE Adobe Inc. 0.02% 1,597 $327K Reduce -13.6%
AXP American Express Co. 0.02% 927 $314K Add +15.2%
IJR iShares Core S&P Small-Cap E 0.02% 2,060 $306K New
CMI Cummins Inc. 0.02% 425 $303K No change
XLB SS Materials Select Sector 0.02% 5,920 $301K Reduce -28.3%
XLV SS Health Care Select Sector 0.02% 1,875 $297K Reduce -51.2%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.02% 3,210 $282K No change
ALL Allstate Corp. 0.02% 1,185 $282K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.02% 2,214 $263K New
WFC Wells Fargo & Co. 0.02% 3,103 $256K New
PANW Palo Alto Networks Inc. 0.02% 750 $256K New
F Ford Motor Co. filed as FORD MTR CO 0.02% 18,218 $253K Reduce -4.2%
VIRT Virtu Financial Inc. Class A 0.02% 4,162 $248K New
VNQ Vanguard Real Estate ETF 0.02% 2,564 $247K No change
GEV GE Vernova Inc. 0.02% 210 $247K New
MDYV SS SPDR S&P 400 MC Val ETF 0.02% 2,567 $243K No change
DG Dollar General Corp. 0.02% 2,115 $243K Reduce -3.8%
PEP Pepsico Inc. 0.02% 1,793 $243K Reduce -25.9%
T AT&T Inc. 0.02% 11,429 $237K Reduce -21.8%
ITW Illinois Tool Works 0.02% 866 $234K No change
APA Apa Corp. 0.02% 6,954 $226K Reduce -16.9%
WM Waste Management Inc. 0.02% 1,012 $226K No change
TARGET CORP 0.02% 1,711 $223K New
FNDX Schwab Fndmntl US LRG Co. ETF 0.02% 7,137 $222K New
KRE SS SPDR S&P Regional Bank 0.02% 2,932 $219K New
VZ Verizon Communications Inc. 0.02% 5,183 $219K Reduce -50.5%
C Citigroup Inc. 0.02% 1,565 $219K New
LIN Linde PLC 0.02% 422 $219K Reduce -0.5%
SPYV SS SPDR P S&P 500 Value ETF 0.02% 3,330 $202K New
ETN Eaton Corp. PLC 0.02% 475 $202K New
FITB Fifth Third Bancorp 0.02% 3,587 $202K Reduce -21.8%

Portfolio Sells Q1 2026 → Q2 2026
XOM Exxon Mobil Corp. Reduce -12.4% 0.70% −0.43
HON Honeywell International Inc. Reduce -50.1% 0.27% −0.35
META Meta Platforms Inc. Class A Reduce -1.4% 1.64% −0.29
COP Conocophillips Reduce -21.9% 0.31% −0.27
COST Costco Wholesale Corp. Reduce -1.3% 0.97% −0.23
FDX FedEx Corp. Reduce -0.7% 0.64% −0.20
ABT Abbott Laboratories Reduce -3.5% 0.58% −0.20
PSX Phillips 66 Reduce -24.2% 0.25% −0.16
ORCL Oracle Corp. Reduce -0.2% 0.96% −0.14
MA Mastercard Inc. Class A Reduce -2.0% 1.02% −0.14
BLK BlackRock Inc. Reduce -0.6% 0.81% −0.12
NKE Nike Inc. Class B Reduce -5.9% 0.19% −0.11
ZTS Zoetis Inc. Reduce -5.4% 0.10% −0.10
PG The Procter & Gamble Co. Reduce -0.7% 0.75% −0.10
PFE Pfizer Inc. Reduce -1.6% 0.25% −0.09
GM General Motors Co. Reduce -0.9% 0.75% −0.09
GABC German American Bancorp Reduce -1.6% 3.39% −0.08
TMO Thermo Fisher Scientific Inc. Reduce -5.4% 0.37% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.0% 2.35% −0.06
IVV iShares Core S&P 500 ETF Reduce -2.2% 3.11% −0.06
KO The Coca-Cola Co. Reduce -0.8% 0.79% −0.06
AMZN Amazon.com Inc. Reduce -2.0% 2.65% −0.05
DHR Danaher Corp. Reduce -4.7% 0.25% −0.05
AAPL Apple Inc. Reduce -0.8% 4.00% −0.05
DIS The Walt Disney Co. Reduce -0.6% 0.29% −0.04
HONA Honeywell Aerospace Inc. Reduce -0.1% 0.27% −0.04
XLY SS Consumer Disc Select Sect Reduce -2.5% 0.42% −0.04
BA The Boeing Co. Reduce -3.9% 0.38% −0.04
XLP SS Consumer Staples Sel Sect Sold out 0.00% −0.04
VCIT Vanguard Int-Term Corporate Reduce -0.8% 0.23% −0.04
TFC Truist Financial Corp. Sold out 0.00% −0.03
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
VZ Verizon Communications Inc. Reduce -50.5% 0.02% −0.03
TGT Target Corp. Sold out 0.00% −0.03
XLV SS Health Care Select Sector Reduce -51.2% 0.02% −0.03
CTRA Coterra Energy Inc. Sold out 0.00% −0.03
AGG iShares Core U.S. Aggregate Reduce -36.7% 0.03% −0.02
ASTS Ast Spacemobile Inc. Reduce -34.1% 0.04% −0.02
CVX Chevron Corp. Reduce -12.7% 0.04% −0.02
FDXF FedEx Freight Holding Co. Reduce -0.7% 0.15% −0.02
SNPS Synopsys Inc. Reduce -4.9% 0.32% −0.02
LMT Lockheed Martin Corp. Sold out 0.00% −0.02
CNH CNH Industrial NV Sold out 0.00% −0.02
LEN Lennar Corp. Class A Sold out 0.00% −0.02
KR Kroger Co. Sold out 0.00% −0.02
T AT&T Inc. Reduce -21.8% 0.02% −0.02
ES Eversource Energy Sold out 0.00% −0.02
KMI Kinder Morgan Inc. Sold out 0.00% −0.02
SYK Stryker Corp. Sold out 0.00% −0.02
WU Western Union Co. Sold out 0.00% −0.02

Portfolio Buys Q1 2026 → Q2 2026
AVGO Broadcom Inc. Add +12.9% 1.83% +0.31
ACWX iShares MSCI Acwi Ex US ETF Add +5.9% 10.16% +0.29
IWM iShares Russell 2000 ETF Add +0.2% 4.94% +0.28
ADI Analog Devices Inc. New 0.25% +0.25
LLY Eli Lilly & Co. Add +1.9% 1.38% +0.19
MRVL Marvell Technology Inc. New 0.16% +0.16
CRM Salesforce Inc. Add +216.9% 0.28% +0.16
BRK.B Berkshire Hathaway Inc. Class B Add +15.9% 1.05% +0.06
IEFA iShares Core MSCI Eafe ETF New 0.05% +0.05
VOO Vanguard S&P 500 ETF New 0.04% +0.04
IEMG iShares Core MSCI Emerging New 0.04% +0.04
AMAT Applied Materials Inc. Add +12.4% 0.06% +0.03
IJH iShares Core S&P Midcap ETF New 0.03% +0.03
VEA Vanguard Ftse Developed ETF New 0.03% +0.03
IJR iShares Core S&P Small-Cap E New 0.02% +0.02
QQQ Invesco QQQ Trust Series 1 Add +0.6% 0.20% +0.02
TXN Texas Instruments Inc. Add +2.0% 0.08% +0.02
SPYG SS SPDR P S&P 500 Growth ETF New 0.02% +0.02
WFC Wells Fargo & Co. New 0.02% +0.02
PANW Palo Alto Networks Inc. New 0.02% +0.02
VIRT Virtu Financial Inc. Class A New 0.02% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
TARGET CORP New 0.02% +0.02
FNDX Schwab Fndmntl US LRG Co. ETF New 0.02% +0.02
C Citigroup Inc. New 0.02% +0.02
KRE SS SPDR S&P Regional Bank New 0.02% +0.02
SPYV SS SPDR P S&P 500 Value ETF New 0.02% +0.02
ETN Eaton Corp. PLC New 0.02% +0.02
SUB iShares Short-Term National Add +19.3% 0.35% +0.01
ASML ASML Holding NV-NY Reg SHS Add +26.6% 0.03% +0.01
QCOM Qualcomm Inc. Add +8.1% 0.04% +0.01
GOLDMAN SACHS GROUP INC Add +4.7% 0.09% +0.01
TSN Tyson Foods Inc. Class A Add +59.2% 0.03% +0.01
XLI SS Industrial Select Sector Add +11.8% 0.03% +0.00
AXP American Express Co. Add +15.2% 0.02% +0.00
V Visa Inc. Class A Add +0.8% 0.17% +0.00
VXUS Vanguard Total Intl Stock Add +2.9% 0.05% −0.00
SPIB SS SPDR P Int C Corp. ETF Add +5.2% 0.04% −0.00
GLD SPDR Gold Shares Add +0.1% 0.04% −0.01
XLC SS Comm Select Sector SPDR Add +0.2% 0.14% −0.02
JPM JPMorgan Chase & Co. Add +0.4% 1.41% −0.03
IWR iShares Russell Mid-Cap ETF Add +0.1% 7.98% −0.06
TJX TJX Companies Inc. Add +2.3% 0.40% −0.07
JNJ Johnson & Johnson Add +0.1% 0.94% −0.09
NOC Northrop Grumman Corp. Add +22.6% 0.50% −0.13
MUB iShares National Muni Bond E Add +0.7% 1.08% −0.13
WMT Walmart Inc. Add +2.8% 0.64% −0.14
RTX RTX Corp. Add +0.5% 1.00% −0.16
XLU St Sr Utl SL SE SPDR ETF-Usd Add +0.9% 1.63% −0.24
MSFT Microsoft Corp. Add +3.9% 3.25% −0.30

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