Horizon Bancorp Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Horizon Bancorp Inc. reported 194 stock positions worth $205.4 million. Its top holding was Vanguard Total Bond Market (BND) at 21.4% of the portfolio, followed by iShares Intermediate Governm (GVI, 14.8%) and Vanguard Mrngstar GR ETF-Sui (VUG, 5.0%). Compared with Q3 2025, it opened 7 new positions, sold out of 2, added to 19 and reduced 95. The biggest buy was a new position in Emerson Electric (EMR) and the biggest sale Oracle (ORCL, shares −11%).

Most Recent 13F
Q2 2026
Location
MICHIGAN CITY, IN
CIK
0000706129
Portfolio Value
$205.4M (Q4 2025)
SEC Filing
0000908834-26-000077 ↗ filed Feb 11, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $209.9M Q1 2024 Q2 2024: $210.4M Q2 2024 Q3 2024: $216.0M Q3 2024 Q4 2024: $212.1M Q4 2024 Q1 2025: $176.9M Q1 2025 Q2 2025: $198.6M Q2 2025 Q3 2025: $209.7M Q3 2025 Q4 2025: $205.4M $205.4M Q4 2025 Q1 2026: $207.9M Q1 2026 Q2 2026: $213.3M Q2 2026

Holdings 194 stocks · $205.4M

BND Vanguard Total Bond Market 21.39% 593,361 $44.0M Reduce -1.7%
GVI iShares Intermediate Governm 14.77% 282,625 $30.3M Reduce -1.3%
VUG Vanguard Mrngstar GR ETF-Sui 5.05% 21,256 $10.4M Reduce -4.2%
VTV Vanguard Mrngstr Val ETF-Aui 4.93% 53,024 $10.1M Reduce -3.1%
HBNC Horizon Bancorp Inc. 4.73% 572,459 $9.7M Reduce -1.7%
EFA iShares MSCI Eafe ETF 4.68% 100,066 $9.6M Reduce -3.0%
IEFA iShares Core MSCI Eafe ETF 4.15% 95,319 $8.5M Reduce -2.9%
SKOR NT Crdscr US Corp. BD ETF 4.04% 169,020 $8.3M Reduce -1.1%
TDTT NT Iboxx 3Y Dur Tips ETF 4.01% 342,306 $8.2M Reduce -1.2%
EEM iShares MSCI Emerging Market 3.79% 142,412 $7.8M Reduce -3.6%
IWM iShares Russell 2000 ETF 3.32% 27,680 $6.8M Reduce -2.5%
HYGV NT HY Val-SCRD BD ETF 2.47% 124,791 $5.1M Reduce -1.3%
QDF NT Qual Div ETF 1.38% 35,119 $2.8M Reduce -2.8%
GUNR NT Mstar GLBL NR ETF 1.33% 59,543 $2.7M Reduce -2.8%
VNQ Vanguard Real Estate ETF 1.16% 26,839 $2.4M Reduce -0.3%
NVDA Nvidia Corp. 1.13% 12,437 $2.3M Reduce -4.5%
MSFT Microsoft Corp. 0.90% 3,821 $1.8M Reduce -3.7%
PFE Pfizer Inc. 0.83% 68,840 $1.7M Reduce -0.5%
AAPL Apple Inc. 0.77% 5,798 $1.6M Reduce -9.1%
AMZN Amazon.com Inc. 0.62% 5,527 $1.3M Reduce -10.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.53% 6,187 $1.1M Reduce -2.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.49% 3,633 $1.0M Reduce -2.0%
ORCL Oracle Corp. 0.46% 4,813 $938K Reduce -11.0%
META Meta Platforms Inc. Class A 0.43% 1,340 $885K Add +7.7%
GOOGL Alphabet Inc. Class A 0.43% 2,808 $879K Reduce -23.9%
JPM JPMorgan Chase & Co. 0.42% 2,709 $873K Reduce -19.0%
GOOG Alphabet Inc. Class C 0.42% 2,745 $861K Reduce -7.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 1,204 $821K Reduce -11.3%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 1,462 $735K No change
MA Mastercard Inc. Class A 0.35% 1,255 $716K Reduce -2.4%
NI Nisource Inc. 0.33% 16,197 $676K No change
AMD Advanced Micro Devices 0.29% 2,747 $588K Reduce -3.3%
RTX RTX Corp. 0.29% 3,202 $587K Add +0.9%
IGM iShares Expanded Tech Sector 0.27% 4,308 $556K No change
MAS Masco Corp. 0.26% 8,390 $532K Reduce -1.0%
COST Costco Wholesale Corp. 0.25% 605 $522K Reduce -5.6%
AAAU Goldman Sachs Physical Gold 0.25% 12,032 $512K Add +0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.20% 2,609 $401K Reduce -5.6%
ABBV Abbvie Inc. 0.19% 1,700 $388K No change
ADI Analog Devices Inc. 0.19% 1,427 $387K Add +35.9%
ELV Elevance Health Inc. 0.19% 1,105 $387K Reduce -17.6%
BLD Topbuild Corp. 0.18% 895 $373K Reduce -1.8%
BX Blackstone Inc. 0.18% 2,387 $368K Reduce -11.4%
CSCO Cisco Systems Inc. 0.18% 4,721 $364K Reduce -5.2%
COR Cencora Inc. 0.17% 1,060 $358K Reduce -7.8%
AVGO Broadcom Inc. 0.17% 1,032 $357K Reduce -5.0%
XOM Exxon Mobil Corp. 0.17% 2,933 $353K Reduce -10.6%
KKR KKR & Co. Inc. 0.16% 2,527 $322K Add +48.8%
CTVA Corteva Inc. 0.16% 4,795 $321K Add +2.7%
CRM Salesforce Inc. 0.16% 1,209 $320K Reduce -6.5%
SCHW Schwab (charles) Corp. 0.16% 3,197 $319K Reduce -5.0%
BA The Boeing Co. 0.15% 1,448 $315K Add +38.3%
CAT Caterpillar Inc. 0.15% 550 $315K Add +2.2%
CVS CVS Health Corp. 0.15% 3,791 $301K Reduce -8.4%
C Citigroup Inc. 0.14% 2,544 $297K Add +0.6%
NSC Norfolk Southern Corp. 0.14% 995 $287K Reduce -32.3%
KO The Coca-Cola Co. 0.14% 3,975 $278K Reduce -5.9%
INTU Intuit Inc. 0.13% 416 $276K Add +93.5%
EMR Emerson Electric Co. 0.13% 2,032 $270K New
GD General Dynamics Corp. 0.13% 778 $262K Reduce -7.5%
PYPL PayPal Holdings Inc. 0.13% 4,477 $261K Add +0.8%
HD Home Depot Inc. 0.12% 740 $255K Reduce -7.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 2,158 $246K Reduce -6.3%
NOW ServiceNow Inc. 0.12% 1,583 $243K Reduce -8.8%
ABT Abbott Laboratories 0.11% 1,831 $229K Reduce -60.6%
AMT American Tower Corp. 0.11% 1,299 $228K Reduce -4.5%
ADBE Adobe Inc. 0.10% 611 $214K Reduce -6.7%
CVX Chevron Corp. 0.10% 1,394 $212K Reduce -3.6%
ACN Accenture PLC Class A 0.10% 791 $212K Reduce -9.6%
NEE Nextera Energy Inc. 0.10% 2,588 $208K Reduce -6.3%
MDT Medtronic PLC 0.10% 2,117 $203K New
FCX Freeport-McMoran Inc. 0.10% 3,963 $201K Add +38.8%
PANW Palo Alto Networks Inc. 0.10% 1,089 $201K Reduce -9.2%
JNJ Johnson & Johnson 0.10% 965 $200K Reduce -2.1%
ETN Eaton Corp. PLC 0.09% 612 $195K Reduce -9.2%
GSK GSK PLC-Spon ADR 0.09% 3,940 $193K Reduce -34.7%
TPR Tapestry Inc. 0.09% 1,504 $192K Add +3.6%
ICE Intercontinental Exchange Inc. 0.09% 1,177 $191K Reduce -4.1%
EFV iShares MSCI Eafe Value ETF 0.09% 2,559 $183K Add +1.6%
MRSH Marsh & McLennan Cos 0.09% 988 $183K Reduce -6.7%
MDLZ Mondelez International Inc. Class A 0.09% 3,337 $180K Reduce -6.8%
PG The Procter & Gamble Co. 0.09% 1,247 $179K Reduce -5.1%
SDY SS SPDR S&P Dividend ETF 0.09% 1,286 $179K No change
BIIB Biogen Inc. 0.08% 982 $173K Reduce -4.4%
EOG EOG Resources Inc. 0.08% 1,586 $167K Reduce -4.7%
BDX Becton Dickinson and Co. 0.08% 841 $163K Reduce -5.7%
LLY Eli Lilly & Co. 0.08% 152 $163K No change
YUM Yum! Brands Inc. 0.08% 1,074 $162K New
NFLX Netflix Inc. 0.08% 1,671 $157K Add +0.7%
ZBH Zimmer Biomet Holdings Inc. 0.08% 1,720 $155K Reduce -6.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.07% 3,610 $154K No change
BMY Bristol-Myers Squibb Co. 0.07% 2,702 $146K Reduce -5.1%
XLE SS Energy Select Sector 0.07% 3,166 $142K Add +4.1%
V Visa Inc. Class A 0.07% 400 $140K No change
SLB SLB Ltd. filed as SLB LIMITED 0.07% 3,615 $139K Reduce -33.0%
VCR Vanguard Consumer Discre ETF 0.06% 329 $130K No change
INTC Intel Corp. 0.06% 3,194 $118K No change
NKE Nike Inc. Class B 0.06% 1,858 $118K Reduce -17.1%
SCZ iShares MSCI Eafe Small-Cap 0.06% 1,455 $113K Reduce -1.4%
BBWI Bath & Body Works Inc. 0.05% 5,504 $111K Reduce -7.4%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.05% 313 $95K Reduce -15.6%
MCD McDonald's Corp. 0.05% 307 $94K Reduce -11.3%
VHT Vanguard Health Care ETF 0.04% 319 $92K No change
VFH Vanguard Financials ETF 0.04% 666 $89K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.04% 417 $88K Reduce -15.6%
FFBC First Financial Bancorp 0.04% 3,426 $86K No change
VIS Vanguard Industrials ETF 0.04% 288 $86K No change
AON Aon PLC Class A 0.04% 240 $85K Reduce -17.2%
VOX Vanguard Communication Servi 0.04% 428 $83K No change
AEP American Electric Power 0.03% 576 $66K No change
IVV iShares Core S&P 500 ETF 0.03% 94 $64K No change
LHX L3HARRIS Technologies Inc. 0.03% 214 $63K No change
VDC Vanguard Consumer Staple ETF 0.03% 288 $61K No change
CMI Cummins Inc. 0.03% 118 $60K No change
AGG iShares Core U.S. Aggregate 0.03% 601 $60K New
IWO iShares Russell 2000 Growth 0.03% 182 $59K No change
FXO First Trust Financial Alphad 0.03% 898 $54K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 162 $48K Add +161.3%
MRK Merck & Co. Inc. 0.02% 407 $43K No change
MMM 3M Co. 0.02% 250 $40K No change
VGT Vanguard Info Tech ETF 0.02% 50 $38K No change
T AT&T Inc. 0.02% 1,478 $37K Reduce -1.9%
CMG Chipotle Mexican Grill Inc. 0.02% 978 $36K Reduce -83.3%
XLP SS Consumer Staples Sel Sect 0.02% 445 $35K No change
TFC Truist Financial Corp. 0.02% 676 $33K Reduce -44.1%
HON Honeywell International Inc. 0.02% 156 $31K Reduce -88.5%
IBB iShares Biotechnology ETF 0.02% 181 $31K No change
TXT Textron Inc. 0.01% 330 $29K No change
BLK BlackRock Inc. 0.01% 26 $28K Reduce -43.5%
WMT Walmart Inc. 0.01% 247 $28K No change
FDX FedEx Corp. 0.01% 89 $26K Reduce -42.6%
IWN iShares Russell 2000 Value E 0.01% 145 $26K No change
MSI Motorola Solutions Inc. 0.01% 66 $25K No change
QCOM Qualcomm Inc. 0.01% 145 $25K No change
WFC Wells Fargo & Co. 0.01% 255 $24K No change
CMCSA Comcast Corp. Class A 0.01% 642 $19K Reduce -88.3%
ARKK ARK Innovation ETF 0.01% 240 $18K No change
DD Dupont DE Nemours Inc. 0.01% 441 $18K Reduce -76.6%
PLTR Palantir Technologies Inc. Class A 0.01% 100 $18K No change
STZ Constellation Brands Inc. Class A 0.01% 125 $17K No change
PYZ Invesco Dorsey Wright Basic 0.01% 157 $17K No change
PJP Invesco Pharmaceuticals ETF 0.01% 148 $15K No change
PEP Pepsico Inc. 0.01% 104 $15K No change
DTE DTE Energy Company 0.01% 110 $14K Reduce -23.1%
QQQ Invesco QQQ Trust Series 1 0.01% 22 $14K No change
CDW CDW Corp. 0.01% 98 $13K Reduce -49.0%
CARR Carrier Global Corp. 0.01% 242 $13K Reduce -92.2%
HAL Halliburton Co. 0.01% 469 $13K Reduce -41.7%
GWW WW Grainger Inc. 0.01% 12 $12K Reduce -29.4%
ED Consolidated Edison Inc. 0.01% 108 $11K Reduce -25.0%
KRE SS SPDR S&P Regional Bank 0.01% 176 $11K No change
VTRS Viatris Inc. 0.01% 864 $11K No change
COP Conocophillips 0.00% 108 $10K No change
FNWD Finward Bancorp 0.00% 268 $9K No change
OXY Occidental Petroleum Corp. 0.00% 225 $9K Reduce -25.0%
DOW Dow Inc. 0.00% 335 $8K Add +97.1%
GLD SPDR Gold Shares 0.00% 20 $8K No change
PEG Public Service Enterprise GP 0.00% 90 $7K Reduce -25.0%
DTM DT Midstream Inc. 0.00% 49 $6K Reduce -25.8%
RGLD Royal Gold Inc. 0.00% 29 $6K New
RWX State Street SPDR Dow Jones 0.00% 208 $6K No change
HCA HCA Healthcare Inc. 0.00% 10 $5K No change
SOLV Solventum Corp. 0.00% 62 $5K No change
WEC WEC Energy Group Inc. 0.00% 51 $5K Reduce -25.0%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.00% 64 $4K No change
VZ Verizon Communications Inc. 0.00% 103 $4K No change
SBUX Starbucks Corp. 0.00% 30 $3K No change
FTRE Fortrea Holdings Inc. 0.00% 128 $2K No change
DOC Healthpeak Properties Inc. 0.00% 133 $2K No change
PPA Invesco Aerospace & Defense 0.00% 10 $2K No change
IJR iShares Core S&P Small-Cap E 0.00% 15 $2K No change
MCHP Microchip Technology Inc. 0.00% 35 $2K Reduce -62.0%
SPYV SS SPDR P S&P 500 Value ETF 0.00% 36 $2K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.00% 29 $2K No change
XEVVX Eaton Vance Ltd. Durat Inc. 0.00% 42 $1K No change
EIX Edison International 0.00% 7 $1K No change
GEHC GE Healthcare Technology 0.00% 13 $1K No change
PXI Invesco Dorsey Wright Energy 0.00% 14 $1K No change
XT Ishar Fture Exp Tech ETF-Usd 0.00% 17 $1K No change
KHC The Kraft Heinz Co. 0.00% 45 $1K Add +28.6%
KD Kyndryl Holdings Inc. 0.00% 20 $1K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.00% 13 $1K No change
PPL PPL Corp. 0.00% 42 $1K No change
KOMP SS SPDR S&P Kensho Ne Comp 0.00% 8 $1K No change
SCHD Schwab US DVD Equity ETF 0.00% 40 $1K Reduce -33.3%
XLRE SS Real Estate Select Sector 0.00% 36 $1K No change
LUV Southwest Airlines Co. 0.00% 30 $1K No change
MOO Vaneck Agribusiness ETF 0.00% 12 $1K No change
VWO Vanguard Ftse Emerging Marke 0.00% 27 $1K No change
MJ Amplify Alternat Harvest ETF 0.00% 1 $0 New
CC The Chemours Co. 0.00% 40 $0 No change
OGN Organon & Co. 0.00% 51 $0 No change
PTLO Portillo's Inc. Class A 0.00% 50 $0 No change
WAB Wabtec Corp. 0.00% 1 $0 No change

Portfolio Sells Q3 2025 → Q4 2025

ORCL Oracle Corp. Reduce -11.0% 0.46% −0.27
ABT Abbott Laboratories Reduce -60.6% 0.11% −0.19
HON Honeywell International Inc. Reduce -88.5% 0.02% −0.12
CMG Chipotle Mexican Grill Inc. Reduce -83.3% 0.02% −0.09
CARR Carrier Global Corp. Reduce -92.2% 0.01% −0.08
MSFT Microsoft Corp. Reduce -3.7% 0.90% −0.08
JPM JPMorgan Chase & Co. Reduce -19.0% 0.42% −0.08
CMCSA Comcast Corp. Class A Reduce -88.3% 0.01% −0.07
NSC Norfolk Southern Corp. Reduce -32.3% 0.14% −0.07
DD Dupont DE Nemours Inc. Reduce -76.6% 0.01% −0.06
BX Blackstone Inc. Reduce -11.4% 0.18% −0.04
NOW ServiceNow Inc. Reduce -8.8% 0.12% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.3% 0.40% −0.03
HD Home Depot Inc. Reduce -7.7% 0.12% −0.03
GSK GSK PLC-Spon ADR Reduce -34.7% 0.09% −0.03
NVDA Nvidia Corp. Reduce -4.5% 1.13% −0.03
COST Costco Wholesale Corp. Reduce -5.6% 0.25% −0.03
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -2.0% 0.49% −0.03
MAS Masco Corp. Reduce -1.0% 0.26% −0.03
ETN Eaton Corp. PLC Reduce -9.2% 0.09% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.2% 5.05% −0.02
AMZN Amazon.com Inc. Reduce -10.2% 0.62% −0.02
SLB SLB Ltd. Reduce -33.0% 0.07% −0.02
MDLZ Mondelez International Inc. Class A Reduce -6.8% 0.09% −0.02
BBWI Bath & Body Works Inc. Reduce -7.4% 0.05% −0.02
PANW Palo Alto Networks Inc. Reduce -9.2% 0.10% −0.02
ELV Elevance Health Inc. Reduce -17.6% 0.19% −0.02
VNQ Vanguard Real Estate ETF Reduce -0.3% 1.16% −0.02
NKE Nike Inc. Class B Reduce -17.1% 0.06% −0.02
BND Vanguard Total Bond Market Reduce -1.7% 21.39% −0.01
AMT American Tower Corp. Reduce -4.5% 0.11% −0.01
MRSH Marsh & McLennan Cos Reduce -6.7% 0.09% −0.01
BLK BlackRock Inc. Reduce -43.5% 0.01% −0.01
ZBH Zimmer Biomet Holdings Inc. Reduce -6.3% 0.08% −0.01
TFC Truist Financial Corp. Reduce -44.1% 0.02% −0.01
TDTT NT Iboxx 3Y Dur Tips ETF Reduce -1.2% 4.01% −0.01
HYGV NT HY Val-SCRD BD ETF Reduce -1.3% 2.47% −0.01
GD General Dynamics Corp. Reduce -7.5% 0.13% −0.01
PG The Procter & Gamble Co. Reduce -5.1% 0.09% −0.01
CDW CDW Corp. Reduce -49.0% 0.01% −0.01
EOG EOG Resources Inc. Reduce -4.7% 0.08% −0.01
AON Aon PLC Class A Reduce -17.2% 0.04% −0.01
AAPL Apple Inc. Reduce -9.1% 0.77% −0.01
PFE Pfizer Inc. Reduce -0.5% 0.83% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -15.6% 0.04% −0.01
DIS The Walt Disney Co. Reduce -6.3% 0.12% −0.01
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -15.6% 0.05% −0.01
ADBE Adobe Inc. Reduce -6.7% 0.10% −0.01
ICE Intercontinental Exchange Inc. Reduce -4.1% 0.09% −0.01
FDX FedEx Corp. Reduce -42.6% 0.01% −0.01

Portfolio Buys Q3 2025 → Q4 2025

EMR Emerson Electric Co. New 0.13% +0.13
MDT Medtronic PLC New 0.10% +0.10
YUM Yum! Brands Inc. New 0.08% +0.08
ADI Analog Devices Inc. Add +35.9% 0.19% +0.07
INTU Intuit Inc. Add +93.5% 0.13% +0.06
KKR KKR & Co. Inc. Add +48.8% 0.16% +0.05
BA The Boeing Co. Add +38.3% 0.15% +0.05
FCX Freeport-McMoran Inc. Add +38.8% 0.10% +0.04
RTX RTX Corp. Add +0.9% 0.29% +0.03
CAT Caterpillar Inc. Add +2.2% 0.15% +0.03
AAAU Goldman Sachs Physical Gold Add +0.1% 0.25% +0.03
AGG iShares Core U.S. Aggregate New 0.03% +0.03
C Citigroup Inc. Add +0.6% 0.14% +0.02
IBM Intl Business Machines Corp. Add +161.3% 0.02% +0.02
TPR Tapestry Inc. Add +3.6% 0.09% +0.02
EFV iShares MSCI Eafe Value ETF Add +1.6% 0.09% +0.01
CTVA Corteva Inc. Add +2.7% 0.16% +0.01
XLE SS Energy Select Sector Add +4.1% 0.07% +0.00
RGLD Royal Gold Inc. New 0.00% +0.00
DOW Dow Inc. Add +97.1% 0.00% +0.00
KD Kyndryl Holdings Inc. New 0.00% +0.00
MJ Amplify Alternat Harvest ETF New 0.00% 0.00
KHC The Kraft Heinz Co. Add +28.6% 0.00% 0.00
META Meta Platforms Inc. Class A Add +7.7% 0.43% −0.01
PYPL PayPal Holdings Inc. Add +0.8% 0.13% −0.02
NFLX Netflix Inc. Add +0.7% 0.08% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 197$213.3MBND, GVI, VTV, VUG, EFA
Q1 2026 206$207.9MBND, GVI, VTV, EFA, VUG
Q4 2025 194$205.4MBND, GVI, VUG, VTV, HBNC
Q3 2025 189$209.7MBND, GVI, VUG, VTV, EFA
Q2 2025 216$198.6MBND, GVI, EFA, IEFA, VUG
Q1 2025 183$176.9MBND, GVI, EFA, TDTT, VTV
Q4 2024 193$212.1MBND, GVI, VTV, VUG, HBNC
Q3 2024 221$216.0MBND, GVI, VTV, TDTT, SKOR
Q2 2024 227$210.4MBND, GVI, GUNR, VTV, VUG
Q1 2024Amended 242$209.9MBND, GVI, VUG, GUNR, EFA