SEC Filing Summary: Horizon Bancorp Inc (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Horizon Bancorp Inc, a registered investment manager. The reporting period covers holdings as of June 30, 2026. The document details the issuer's equity securities held at the end of the quarter, including common stocks, exchange-traded funds (ETFs), and other investment vehicles.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of the portfolio's asset allocation rather than the company's operational financials (revenue, profit, cash flow). Key portfolio metrics include:
- Total Portfolio Value: The filing lists individual security values in thousands of dollars. The aggregate value is not explicitly summed in the text, but the portfolio is heavily weighted toward large-cap equities and bond ETFs.
- Largest Equity Holdings: Significant positions include Horizon Bancorp Inc (own stock, $445,103k), Nvidia Corp ($11,549k), Amazon.com Inc ($5,041k), Apple Inc ($5,582k), and Alphabet Inc (Class A and C combined ~$5,367k).
- Fixed Income and ETFs: The portfolio holds substantial positions in bond ETFs, including FlexShares TR IBOXX 3R TARGT ($361,931k), ISHARES TR INTRM GOV CR ETF ($295,368k), and Vanguard BD Index Fds Total Bnd Mrkt ($618,710k).
- Voting Authority: The manager reports "Sole" voting authority for the majority of holdings, with some "Shared" authority noted for specific positions (e.g., Accenture, Adobe, AMD).
Material Changes and Portfolio Strategy
As this is a quarterly snapshot without a comparative prior period table included in the text, specific material changes (buy/sell activity) cannot be calculated. However, the composition indicates:
- Concentration Risk: A significant portion of the portfolio is concentrated in the manager's own stock (Horizon Bancorp Inc) and a select group of mega-cap technology and financial firms.
- Asset Class Mix: The portfolio demonstrates a balanced approach with heavy exposure to both growth equities (Technology, Consumer Discretionary) and fixed income (Government and Corporate Bond ETFs).
- Derivatives: The filing indicates the use of "Other" investment types, but no specific Put/Call option positions are detailed in the provided columns for the majority of holdings.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies:
- Market Risk: The portfolio is exposed to general equity market volatility, particularly in the technology and financial sectors.
- Liquidity Risk: While most holdings are liquid public equities, the large position in the company's own stock may present specific liquidity or conflict-of-interest considerations.
- Regulatory Disclaimer: The filing explicitly states that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify Total Assets Under Management (AUM): Sum the "Value" column to determine the total reported portfolio size and compare it to the company's latest 10-Q or 10-K for consistency.
- Confirm Own Stock Position: Validate the $445,103k holding in Horizon Bancorp Inc against the company's treasury stock records and insider trading reports.
- Check for Omitted Securities: Ensure that all significant holdings are disclosed, as Form 13F only requires reporting of equity securities above certain thresholds.
- Review Voting Authority: Investigate the "Shared" voting authority entries to understand any co-investment or custodial arrangements.
- Validate Date Accuracy: Confirm that the reporting date of June 30, 2026, aligns with the actual filing submission date and the company's fiscal calendar.