SEC Filing Summary: FORM 13F Information Table
Business Context and Reporting Period
Company: GERMAN AMERICAN BANCORP, INC.
Filing Type: FORM 13F Information Table (Institutional Investment Manager)
Reporting Period: The filing text indicates a period date of "2026 Jun 30" in the metadata, though the document content itself does not explicitly state the calendar quarter or year in the narrative text. The table lists holdings as of the reporting date.
Context: This filing discloses the equity securities held by German American Bancorp, Inc. at the end of the reporting period. It details the number of shares, value, and voting authority for each position.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists a diversified portfolio of equity securities, including individual stocks and Exchange Traded Funds (ETFs). The total value of the portfolio is not explicitly summed in the text, but individual position values are provided in Column 5.
Top Holdings by Value (Selected):
- GERMAN AMERN BANCORP INC: 951,402 shares valued at $45,153,538 (Significant self-holding).
- ISHARES TR MSCI ACWI EX US: 1,772,337 shares valued at $134,892,569.
- ISHARES TR RUS MID CAP ETF: 960,595 shares valued at $105,972,840.
- ISHARES TR INTRM GOV CR ETF: 940,262 shares valued at $99,757,098.
- ALPHABET INC CAP STK CL A: 159,642 shares valued at $57,051,261.
- APPLE INC: 183,711 shares valued at $53,158,614.
- NVIDIA CORPORATION: 267,556 shares valued at $53,535,280.
- AMAZON COM INC: 147,790 shares valued at $35,224,268.
Voting Authority: The manager holds "SOLE" voting authority for the majority of positions. Some positions have "SHARED" or "NONE" authority, often associated with derivative positions or specific fund structures.
Material Changes and Observations
Comparison to Prior Period: The provided text contains only the current period's holdings table. It does not include the prior period's data, making a direct quantitative comparison of changes (increases/decreases) impossible based solely on this document.
Notable Observations:
- Self-Holding: The manager holds a significant position in its own stock (GERMAN AMERN BANCORP INC), with 926,541 shares under "NONE" voting authority and 24,861 under "SOLE" authority.
- ETF Concentration: A substantial portion of the portfolio value is concentrated in broad market and sector ETFs (e.g., iShares, SPDR, Vanguard), particularly international and government bond ETFs.
- Derivatives/Other: Several positions are marked as "OTR" (Other) in the investment column, indicating the presence of options or other derivative instruments alongside common stock holdings.
Guidance, Outlook, and Risks
Management Commentary: FORM 13F filings are strictly quantitative disclosures of holdings. This document contains no management commentary, forward-looking guidance, or strategic outlook.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Reporting Date Accuracy: Verify the actual calendar quarter corresponding to the "2026 Jun 30" date, as this appears to be a future date relative to the current real-time context, potentially indicating a data entry error in the source metadata or a specific filing scenario.
- Total Portfolio Value: The total aggregate value of the portfolio is not explicitly stated; investors must sum the "VALUE" column to determine total assets under management for this filing.
- Self-Holding Structure: Investigate the rationale behind the split voting authority (SOLE vs. NONE) for the company's own stock (GERMAN AMERN BANCORP INC).
- Derivative Exposure: Review the "OTR" (Other) positions to understand the extent of options or derivative exposure, which is not fully detailed in the summary table.
- Concentration Risk: Assess the concentration in specific ETFs (e.g., iShares MSCI ACWI EX US) which represent a large percentage of the disclosed value.