Horizon Bancorp Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Horizon Bancorp Inc. reported 189 stock positions worth $209.7 million. Its top holding was Vanguard Total Bond Market (BND) at 21.4% of the portfolio, followed by iShares Intermediate Governm (GVI, 14.7%) and Vanguard Mrngstar GR ETF-Sui (VUG, 5.1%). Compared with Q2 2025, it opened 3 new positions, sold out of 30, added to 72 and reduced 34. The biggest buy was Horizon Bancorp (HBNC, shares +61%) and the biggest sale Vanguard Info Tech ETF (VGT, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- MICHIGAN CITY, IN
- CIK
- 0000706129
- Portfolio Value
- $209.7M (Q3 2025)
- SEC Filing
- 0000908834-25-000313 ↗ filed Oct 29, 2025
Holdings Value
Holdings 189 stocks · $209.7M
| BND Vanguard Total Bond Market | 21.41% | 603,580 | $44.9M | Add +4.0% |
| GVI iShares Intermediate Governm | 14.66% | 286,189 | $30.7M | Add +6.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 5.07% | 22,176 | $10.6M | Add +17.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.87% | 54,726 | $10.2M | Add +21.7% |
| EFA iShares MSCI Eafe ETF | 4.60% | 103,190 | $9.6M | Reduce -0.3% |
| HBNC Horizon Bancorp Inc. | 4.44% | 582,099 | $9.3M | Add +61.5% |
| IEFA iShares Core MSCI Eafe ETF | 4.09% | 98,119 | $8.6M | Reduce -0.7% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 4.02% | 346,313 | $8.4M | Add +7.0% |
| SKOR NT Crdscr US Corp. BD ETF | 4.02% | 170,967 | $8.4M | Add +7.3% |
| EEM iShares MSCI Emerging Market | 3.76% | 147,665 | $7.9M | Add +2.6% |
| IWM iShares Russell 2000 ETF | 3.28% | 28,401 | $6.9M | Add +24.2% |
| HYGV NT HY Val-SCRD BD ETF | 2.48% | 126,408 | $5.2M | Add +15.6% |
| QDF NT Qual Div ETF | 1.37% | 36,134 | $2.9M | Reduce -3.2% |
| GUNR NT Mstar GLBL NR ETF | 1.28% | 61,269 | $2.7M | Reduce -4.5% |
| VNQ Vanguard Real Estate ETF | 1.17% | 26,918 | $2.5M | Reduce -5.8% |
| NVDA Nvidia Corp. | 1.16% | 13,023 | $2.4M | Add +55.4% |
| MSFT Microsoft Corp. | 0.98% | 3,968 | $2.1M | Add +19.7% |
| PFE Pfizer Inc. | 0.84% | 69,186 | $1.8M | Add +3.9% |
| AAPL Apple Inc. | 0.77% | 6,379 | $1.6M | Reduce -19.9% |
| ORCL Oracle Corp. | 0.73% | 5,407 | $1.5M | Add +15.3% |
| AMZN Amazon.com Inc. | 0.64% | 6,153 | $1.4M | Add +33.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.53% | 6,367 | $1.1M | Add +49.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.52% | 3,708 | $1.1M | Add +43.1% |
| JPM JPMorgan Chase & Co. | 0.50% | 3,343 | $1.1M | Reduce -11.8% |
| META Meta Platforms Inc. Class A | 0.44% | 1,244 | $914K | Add +54.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 1,358 | $905K | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 0.43% | 3,689 | $897K | Reduce -26.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 1,462 | $735K | Reduce -29.1% |
| MA Mastercard Inc. Class A | 0.35% | 1,286 | $731K | Add +50.9% |
| GOOG Alphabet Inc. Class C | 0.34% | 2,965 | $722K | Add +62.2% |
| NI Nisource Inc. | 0.33% | 16,197 | $701K | No change |
| ABT Abbott Laboratories | 0.30% | 4,644 | $622K | Reduce -19.1% |
| MAS Masco Corp. | 0.28% | 8,473 | $596K | No change |
| COST Costco Wholesale Corp. | 0.28% | 641 | $593K | Reduce -6.2% |
| IGM iShares Expanded Tech Sector | 0.26% | 4,308 | $543K | No change |
| RTX RTX Corp. | 0.25% | 3,172 | $531K | Reduce -17.0% |
| AMD Advanced Micro Devices | 0.22% | 2,841 | $460K | Add +55.1% |
| BX Blackstone Inc. | 0.22% | 2,694 | $460K | Add +61.2% |
| AAAU Goldman Sachs Physical Gold | 0.22% | 12,015 | $458K | No change |
| NSC Norfolk Southern Corp. | 0.21% | 1,469 | $441K | Add +54.8% |
| ELV Elevance Health Inc. | 0.21% | 1,341 | $433K | Add +1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 2,765 | $400K | Reduce -31.8% |
| ABBV Abbvie Inc. | 0.19% | 1,700 | $394K | Reduce -41.4% |
| XOM Exxon Mobil Corp. | 0.18% | 3,282 | $370K | Add +16.3% |
| COR Cencora Inc. | 0.17% | 1,149 | $359K | Add +58.0% |
| AVGO Broadcom Inc. | 0.17% | 1,086 | $358K | Reduce -85.8% |
| BLD Topbuild Corp. | 0.17% | 911 | $356K | No change |
| CSCO Cisco Systems Inc. | 0.16% | 4,978 | $341K | Add +54.9% |
| HD Home Depot Inc. | 0.15% | 802 | $325K | Reduce -27.7% |
| SCHW Schwab (charles) Corp. | 0.15% | 3,366 | $321K | Add +15.9% |
| NOW ServiceNow Inc. | 0.15% | 347 | $319K | Add +54.9% |
| CTVA Corteva Inc. | 0.15% | 4,670 | $316K | No change |
| CVS CVS Health Corp. | 0.15% | 4,137 | $312K | Add +64.2% |
| CRM Salesforce Inc. | 0.15% | 1,293 | $306K | Add +58.3% |
| PYPL PayPal Holdings Inc. | 0.14% | 4,440 | $298K | Add +61.3% |
| GD General Dynamics Corp. | 0.14% | 841 | $287K | Add +35.4% |
| HON Honeywell International Inc. | 0.14% | 1,354 | $285K | Add +38.5% |
| KO The Coca-Cola Co. | 0.13% | 4,224 | $280K | Add +45.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 2,304 | $264K | Add +42.4% |
| AMT American Tower Corp. | 0.13% | 1,360 | $262K | Add +52.6% |
| GSK GSK PLC-Spon ADR | 0.12% | 6,035 | $261K | Add +59.2% |
| ADI Analog Devices Inc. | 0.12% | 1,050 | $258K | Add +52.4% |
| CAT Caterpillar Inc. | 0.12% | 538 | $257K | Add +88.8% |
| C Citigroup Inc. | 0.12% | 2,530 | $257K | Add +89.8% |
| ETN Eaton Corp. PLC | 0.12% | 674 | $252K | Add +185.6% |
| PANW Palo Alto Networks Inc. | 0.12% | 1,199 | $244K | Add +53.5% |
| ADBE Adobe Inc. | 0.11% | 655 | $231K | Add +56.7% |
| CMG Chipotle Mexican Grill Inc. | 0.11% | 5,865 | $230K | Add +48.9% |
| BA The Boeing Co. | 0.11% | 1,047 | $226K | Add +66.5% |
| CVX Chevron Corp. | 0.11% | 1,446 | $225K | Reduce -52.5% |
| MDLZ Mondelez International Inc. Class A | 0.11% | 3,582 | $224K | Add +50.7% |
| KKR KKR & Co. Inc. | 0.11% | 1,698 | $221K | Add +99.1% |
| ACN Accenture PLC Class A | 0.10% | 875 | $216K | Reduce -18.4% |
| MRSH Marsh & McLennan Cos | 0.10% | 1,059 | $213K | Add +53.5% |
| NEE Nextera Energy Inc. | 0.10% | 2,763 | $209K | Add +56.5% |
| ICE Intercontinental Exchange Inc. | 0.10% | 1,227 | $207K | Add +52.6% |
| PG The Procter & Gamble Co. | 0.10% | 1,314 | $202K | Add +54.8% |
| NFLX Netflix Inc. | 0.09% | 166 | $199K | Add +88.6% |
| EOG EOG Resources Inc. | 0.09% | 1,665 | $187K | Add +65.7% |
| CARR Carrier Global Corp. | 0.09% | 3,091 | $185K | Add +66.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.09% | 5,396 | $185K | Add +55.5% |
| JNJ Johnson & Johnson | 0.09% | 986 | $183K | Add +55.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.09% | 1,836 | $181K | Add +60.4% |
| SDY SS SPDR S&P Dividend ETF | 0.09% | 1,286 | $180K | No change |
| CMCSA Comcast Corp. Class A | 0.08% | 5,504 | $173K | Add +55.2% |
| EFV iShares MSCI Eafe Value ETF | 0.08% | 2,520 | $171K | No change |
| BDX Becton Dickinson and Co. | 0.08% | 892 | $167K | Add +57.9% |
| TPR Tapestry Inc. | 0.08% | 1,451 | $164K | Add +85.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.07% | 1,805 | $157K | No change |
| NKE Nike Inc. Class B | 0.07% | 2,242 | $156K | Add +79.1% |
| BBWI Bath & Body Works Inc. | 0.07% | 5,945 | $153K | Add +59.1% |
| DD Dupont DE Nemours Inc. | 0.07% | 1,881 | $147K | Add +53.9% |
| INTU Intuit Inc. | 0.07% | 215 | $147K | Add +68.0% |
| BIIB Biogen Inc. | 0.07% | 1,027 | $144K | Add +61.5% |
| XLE SS Energy Select Sector | 0.06% | 1,521 | $136K | No change |
| V Visa Inc. Class A | 0.06% | 400 | $136K | Reduce -79.0% |
| VCR Vanguard Consumer Discre ETF | 0.06% | 329 | $130K | No change |
| BMY Bristol-Myers Squibb Co. | 0.06% | 2,846 | $128K | Add +54.3% |
| LLY Eli Lilly & Co. | 0.06% | 152 | $116K | No change |
| SCZ iShares MSCI Eafe Small-Cap | 0.05% | 1,476 | $113K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| VGT Vanguard Info Tech ETF | Reduce -98.9% | 0.02% | −1.50 |
| AVGO Broadcom Inc. | Reduce -85.8% | 0.17% | −0.89 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.69 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.63 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.49 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.45 |
| V Visa Inc. Class A | Reduce -79.0% | 0.06% | −0.27 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.20 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.19 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.19 |
| BLK BlackRock Inc. | Reduce -88.5% | 0.03% | −0.19 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -29.1% | 0.35% | −0.15 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.13 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.13 |
| CVX Chevron Corp. | Reduce -52.5% | 0.11% | −0.11 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.11 |
| VNQ Vanguard Real Estate ETF | Reduce -5.8% | 1.17% | −0.11 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.10 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.10 |
| ABT Abbott Laboratories | Reduce -19.1% | 0.30% | −0.10 |
| PEP Pepsico Inc. | Reduce -92.6% | 0.01% | −0.09 |
| ABBV Abbvie Inc. | Reduce -41.4% | 0.19% | −0.08 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -60.1% | 0.05% | −0.08 |
| COP Conocophillips | Reduce -94.0% | 0.00% | −0.08 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.07 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -60.2% | 0.05% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -98.9% | 0.00% | −0.07 |
| HBAN Huntington Bancshares Inc. | Sold out | 0.00% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.7% | 4.09% | −0.07 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.07 |
| CFR Cullen/Frost Bankers Inc. | Sold out | 0.00% | −0.06 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.06 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 4.60% | −0.06 |
| TJX TJX Companies Inc. | Reduce -31.8% | 0.19% | −0.06 |
| LHX L3HARRIS Technologies Inc. | Reduce -70.0% | 0.03% | −0.06 |
| ACN Accenture PLC Class A | Reduce -18.4% | 0.10% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -6.2% | 0.28% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -11.8% | 0.50% | −0.05 |
| HD Home Depot Inc. | Reduce -27.7% | 0.15% | −0.05 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.05 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.05 |
| AAPL Apple Inc. | Reduce -19.9% | 0.77% | −0.05 |
| PSX Phillips 66 | Sold out | 0.00% | −0.04 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.04 |
| RTX RTX Corp. | Reduce -17.0% | 0.25% | −0.03 |
| DE Deere & Co. | Sold out | 0.00% | −0.03 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.03 |
| SCHP Schwab U.S. Tips ETF | Sold out | 0.00% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -68.7% | 0.01% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| HBNC Horizon Bancorp Inc. | Add +61.5% | 4.44% | +1.65 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +17.9% | 5.07% | +0.92 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +21.7% | 4.87% | +0.87 |
| IWM iShares Russell 2000 ETF | Add +24.2% | 3.28% | +0.79 |
| NVDA Nvidia Corp. | Add +55.4% | 1.16% | +0.49 |
| GVI iShares Intermediate Governm | Add +6.9% | 14.66% | +0.27 |
| EEM iShares MSCI Emerging Market | Add +2.6% | 3.76% | +0.27 |
| HYGV NT HY Val-SCRD BD ETF | Add +15.6% | 2.48% | +0.23 |
| ORCL Oracle Corp. | Add +15.3% | 0.73% | +0.21 |
| GOOG Alphabet Inc. Class C | Add +62.2% | 0.34% | +0.18 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +49.1% | 0.53% | +0.18 |
| MSFT Microsoft Corp. | Add +19.7% | 0.98% | +0.15 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +43.1% | 0.52% | +0.15 |
| META Meta Platforms Inc. Class A | Add +54.5% | 0.44% | +0.14 |
| AMZN Amazon.com Inc. | Add +33.4% | 0.64% | +0.13 |
| MA Mastercard Inc. Class A | Add +50.9% | 0.35% | +0.11 |
| SKOR NT Crdscr US Corp. BD ETF | Add +7.3% | 4.02% | +0.10 |
| BX Blackstone Inc. | Add +61.2% | 0.22% | +0.09 |
| AMD Advanced Micro Devices | Add +55.1% | 0.22% | +0.09 |
| NSC Norfolk Southern Corp. | Add +54.8% | 0.21% | +0.09 |
| ETN Eaton Corp. PLC | Add +185.6% | 0.12% | +0.08 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Add +7.0% | 4.02% | +0.07 |
| CAT Caterpillar Inc. | Add +88.8% | 0.12% | +0.07 |
| C Citigroup Inc. | Add +89.8% | 0.12% | +0.07 |
| COR Cencora Inc. | Add +58.0% | 0.17% | +0.06 |
| CVS CVS Health Corp. | Add +64.2% | 0.15% | +0.06 |
| GSK GSK PLC-Spon ADR | Add +59.2% | 0.12% | +0.05 |
| CSCO Cisco Systems Inc. | Add +54.9% | 0.16% | +0.05 |
| KKR KKR & Co. Inc. | Add +99.1% | 0.11% | +0.05 |
| GD General Dynamics Corp. | Add +35.4% | 0.14% | +0.05 |
| TPR Tapestry Inc. | Add +85.3% | 0.08% | +0.04 |
| BA The Boeing Co. | Add +66.5% | 0.11% | +0.04 |
| ADI Analog Devices Inc. | Add +52.4% | 0.12% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +61.3% | 0.14% | +0.04 |
| JNJ Johnson & Johnson | Add +55.0% | 0.09% | +0.04 |
| NEE Nextera Energy Inc. | Add +56.5% | 0.10% | +0.04 |
| NOW ServiceNow Inc. | Add +54.9% | 0.15% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +53.5% | 0.12% | +0.04 |
| NFLX Netflix Inc. | Add +88.6% | 0.09% | +0.04 |
| ZBH Zimmer Biomet Holdings Inc. | Add +60.4% | 0.09% | +0.03 |
| CRM Salesforce Inc. | Add +58.3% | 0.15% | +0.03 |
| BDX Becton Dickinson and Co. | Add +57.9% | 0.08% | +0.03 |
| KO The Coca-Cola Co. | Add +45.4% | 0.13% | +0.03 |
| NKE Nike Inc. Class B | Add +79.1% | 0.07% | +0.03 |
| SLB SLB Ltd. | Add +55.5% | 0.09% | +0.03 |
| EOG EOG Resources Inc. | Add +65.7% | 0.09% | +0.03 |
| ADBE Adobe Inc. | Add +56.7% | 0.11% | +0.03 |
| BIIB Biogen Inc. | Add +61.5% | 0.07% | +0.03 |
| PG The Procter & Gamble Co. | Add +54.8% | 0.10% | +0.03 |
| PFE Pfizer Inc. | Add +3.9% | 0.84% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 197 | $213.3M | BND, GVI, VTV, VUG, EFA |
| Q1 2026 | 206 | $207.9M | BND, GVI, VTV, EFA, VUG |
| Q4 2025 | 194 | $205.4M | BND, GVI, VUG, VTV, HBNC |
| Q3 2025 | 189 | $209.7M | BND, GVI, VUG, VTV, EFA |
| Q2 2025 | 216 | $198.6M | BND, GVI, EFA, IEFA, VUG |
| Q1 2025 | 183 | $176.9M | BND, GVI, EFA, TDTT, VTV |
| Q4 2024 | 193 | $212.1M | BND, GVI, VTV, VUG, HBNC |
| Q3 2024 | 221 | $216.0M | BND, GVI, VTV, TDTT, SKOR |
| Q2 2024 | 227 | $210.4M | BND, GVI, GUNR, VTV, VUG |
| Q1 2024Amended | 242 | $209.9M | BND, GVI, VUG, GUNR, EFA |