Q2 2026 13F · SEC CIK 714395

German American Bancorp, Inc.

Bank & trustFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.3B
Reported positions: 156
Top holdings a year, 3 yrs: +18.9%
Average holding period: 7.9 yrs

German American Bancorp, Inc. is a bank & trust that reported 156 positions worth $1.3B in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Ishares Tr (ACWX, 10.2%), Ishares Tr (IWR, 8.0%), Ishares Tr (GVI, 7.5%). A portfolio copying its top holdings returned 18.9% a year over the last 3 years, against 22.3% for the S&P 500.

German American Bancorp, Inc. holdings largest 50 of 156 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

German American Bancorp, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ACWXIshares Tr	10.2%	9.9%	1,776,727	+5.9%	$135.2M
IWRIshares Tr	8.0%	8.0%	962,740	+0.1%	$106.2M
GVIIshares Tr	7.5%	8.1%	941,740	+6.2%	$99.9M
IWMIshares Tr	4.9%	4.7%	218,586	+0.2%	$65.7M
MUMicron Technology Inc	4.4%	2.0%	50,603	-26.8%	$58.4M
GOOGLAlphabet Inc	4.3%	4.0%	159,932	-2.3%	$57.2M
NVDANvidia Corporation	4.0%	4.0%	268,074	-0.6%	$53.6M
AAPLApple Inc	4.0%	4.0%	184,042	-0.8%	$53.3M
GABCGerman Amern Bancorp Inc	3.4%	3.5%	951,402	-1.6%	$45.2M
MSFTMicrosoft Corp	3.3%	3.6%	116,031	+3.9%	$43.3M
IVVIshares Tr	3.1%	3.2%	55,199	-2.2%	$41.3M
AMZNAmazon Com Inc	2.7%	2.7%	148,069	-2.0%	$35.3M
SPYState Str Spdr S&p 500 ETF T	2.4%	2.4%	41,889	-3.0%	$31.3M
AVGOBroadcom Inc	1.8%	1.5%	64,624	+12.9%	$24.4M
METAMeta Platforms Inc	1.6%	1.9%	38,717	-1.4%	$21.8M
XLUSelect Sector Spdr Tr	1.6%	1.9%	477,625	+0.9%	$21.7M
CATCaterpillar Inc	1.5%	1.2%	19,252	-1.4%	$20.5M
JPMJpmorgan Chase & Co	1.4%	1.4%	57,445	+0.4%	$18.8M
LLYEli Lilly & Co	1.4%	1.2%	15,347	+2.0%	$18.4M
MSMorgan Stanley	1.3%	1.1%	80,223	-0.6%	$16.8M
BACBank of Amer Corp	1.1%	1.1%	253,403	-0.4%	$14.4M
MUBIshares Tr	1.1%	1.2%	134,158	+0.7%	$14.4M
BRK-BBerkshire Hathaway Inc Del	1.1%	1.0%	27,912	+15.9%	$14.0M
MAMastercard Incorporated	1.0%	1.2%	26,518	-2.0%	$13.6M
RTXRtx Corporation	1.0%	1.2%	70,094	+0.5%	$13.3M
CSCOCisco Sys Inc	1.0%	0.7%	111,407	-0.3%	$13.1M
COSTCostco Wholesale Corporation	1.0%	1.2%	13,751	-1.3%	$12.9M
ORCLOracle Corp	1.0%	1.1%	87,363	-0.2%	$12.8M
JNJJohnson & Johnson	0.9%	1.0%	49,493	+0.1%	$12.6M
BLKBlackrock Inc	0.8%	0.9%	11,271	-0.6%	$10.8M
KOCoca Cola Co	0.8%	0.8%	128,909	-0.8%	$10.5M
UNHUnitedhealth Group Inc	0.8%	0.6%	24,246	-0.4%	$10.1M
GMGeneral Mtrs Co	0.8%	0.8%	130,258	-0.9%	$10.0M
PGProcter & Gamble Co	0.7%	0.8%	67,783	-0.7%	$9.9M
XOMExxon Mobil Corp	0.7%	1.1%	68,124	-12.4%	$9.3M
WMTWalmart Inc	0.6%	0.8%	75,664	+2.8%	$8.6M
MTBM & T Bank Corp	0.6%	0.6%	35,600	-0.6%	$8.5M
FDXFedex Corp	0.6%	0.8%	26,990	-0.7%	$8.5M
ABTAbbott Laboratories	0.6%	0.8%	84,589	-3.5%	$7.7M
ABBVAbbvie Inc	0.5%	0.5%	28,337	-0.8%	$7.1M
NOCNorthrop Grumman Corp	0.5%	0.6%	13,106	+22.6%	$6.7M
XLYSelect Sector Spdr Tr	0.4%	0.5%	47,499	-2.5%	$5.6M
TJXTjx Cos Inc New	0.4%	0.5%	35,441	+2.3%	$5.4M
BABoeing Co	0.4%	0.4%	23,526	-3.9%	$5.1M
TMOThermo Fisher Scientific Inc	0.4%	0.4%	9,814	-5.4%	$4.9M
SUBIshares Tr	0.4%	—	43,859	—	$4.7M
SNPSSynopsys Inc	0.3%	0.3%	9,517	-4.9%	$4.2M
COPConocophillips	0.3%	0.6%	39,899	-21.9%	$4.1M
DISDisney Walt Co	0.3%	—	39,694	—	$3.8M
VYMVanguard Whitehall Fds	0.3%	—	23,821	—	$3.8M

What German American Bancorp, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

NOC Northrop Grumman Corp+22.6% shares
BRK-B Berkshire Hathaway Inc Del+15.9% shares
AVGO Broadcom Inc+12.9% shares
GVI Ishares Tr+6.2% shares
ACWX Ishares Tr+5.9% shares

Reduced

MU Micron Technology Inc-26.8% shares
COP Conocophillips-21.9% shares
XOM Exxon Mobil Corp-12.4% shares
TMO Thermo Fisher Scientific Inc-5.4% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +10.9% /yr; S&P 500 +11.7%
3 years: +18.9% /yr; S&P 500 +22.3%
5 years: +7.8% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.3B	156
Q1 2026	$1.2B	148
Q4 2025	$1.2B	125
Q3 2025	$1.1B	125
Q2 2025	$1.0B	128
Q1 2025	$930.2M	122
Q4 2024	$955.0M	123
Q3 2024	$944.8M	128
Q2 2024	$870.7M	126
Q1 2024	$831.7M	119
Q4 2023	$758.9M	118
Q3 2023	$687.5M	110

Questions about German American Bancorp, Inc.'s portfolio

What stocks does German American Bancorp, Inc. own?

German American Bancorp, Inc.'s latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 156 positions worth $1.3B. The largest are Ishares Tr (ACWX) at 10.2%, Ishares Tr (IWR) at 8.0%, Ishares Tr (GVI) at 7.5%, Ishares Tr (IWM) at 4.9% and Micron Technology Inc (MU) at 4.4%.

What did German American Bancorp, Inc. buy last quarter?

In Q2 2026, German American Bancorp, Inc. added Northrop Grumman Corp (NOC) (+22.6% shares), Berkshire Hathaway Inc Del (BRK-B) (+15.9% shares) and Broadcom Inc (AVGO) (+12.9% shares), compared with its Q1 2026 filing.

What did German American Bancorp, Inc. sell last quarter?

In Q2 2026, German American Bancorp, Inc. cut from its top 50 Honeywell Intl. Inc (HON), cut from its top 50 Phillips 66 (PSX), cut from its top 50 Pfizer Inc (PFE), Micron Technology Inc (MU) (-26.8% shares), Conocophillips (COP) (-21.9% shares) and Exxon Mobil Corp (XOM) (-12.4% shares), compared with its Q1 2026 filing.

How has German American Bancorp, Inc.'s portfolio performed?

A portfolio copying German American Bancorp, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.9% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +10.9% against +11.7%. Over 5 years: +7.8% a year against +10.6%.

When is German American Bancorp, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. German American Bancorp, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.