GERMAN AMERICAN BANCORP, INC.

JASPER, IN · CIK 714395 · 13F filing filed 2023-08-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityGerman American Bank (US)

$710.7m reported value +6.4% vs Q1 2023

115positions

56.3%in top 10

5 new 64 added 27 reduced 8 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR MSCI ACWI EX US ACWX	ACWX	1,379,493	$67.9m9.55%	9.55%	Added +51.3k	+51,321 3.9%
2	ISHARES TR INTRM GOV CR ETF GVI	GVI	638,250	$65.7m9.24%	9.24%	Added +30.9k	+30,928 5.1%
3	ISHARES TR RUS MID CAP ETF IWR	IWR	781,919	$57.1m8.04%	8.04%	Added +7.2k	+7,197 0.9%
4	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	95,841	$42.5m5.98%	5.98%	Reduced -2.3k	-2,321 -2.4%
5	APPLE INC COM AAPL	AAPL	189,001	$36.7m5.16%	5.16%	Reduced -14.6k	-14,582 -7.2%
6	ISHARES TR RUSSELL 2000 ETF IWM	IWM	181,541	$34.0m4.78%	4.78%	Added +4.5k	+4,464 2.5%
7	MICROSOFT CORP COM MSFT	MSFT	91,215	$31.1m4.37%	4.37%	Reduced -7.3k	-7,312 -7.4%
8	ISHARES TR RUS 1000 VAL ETF IWD	IWD	186,739	$29.5m4.15%	4.15%	Added +5.8k	+5,768 3.2%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	171,913	$20.6m2.90%	2.90%	Added +545	+545 0.3%
10	ISHARES TR IBOXX HI YD ETF HYG	HYG	198,191	$14.9m2.09%	2.09%	Added +4.2k	+4,244 2.2%
11	UNITEDHEALTH GROUP INC COM UNH	UNH	29,701	$14.3m2.01%	2.01%	Added +156	+156 0.5%
12	AMAZON COM INC COM AMZN	AMZN	101,825	$13.3m1.87%	1.87%	Added +2.8k	+2,845 2.9%
13	NVIDIA CORPORATION COM NVDA	NVDA	28,970	$12.3m1.72%	1.72%	Reduced -8.1k	-8,059 -21.8%
14	MASTERCARD INCORPORATED CL A MA	MA	30,631	$12.0m1.70%	1.70%	Added +167	+167 0.6%
15	JPMORGAN CHASE & CO COM JPM	JPM	75,520	$11.0m1.55%	1.55%	Added +309	+309 0.4%
16	ORACLE CORP COM ORCL	ORCL	87,898	$10.5m1.47%	1.47%	Added +145	+145 0.2%
17	ISHARES TR NATIONAL MUN ETF MUB	MUB	84,906	$9.1m1.28%	1.28%	Reduced -1.2k	-1,153 -1.3%
18	PROCTER AND GAMBLE CO COM PG	PG	57,261	$8.7m1.22%	1.22%	Added +455	+455 0.8%
19	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	131,637	$8.6m1.21%	1.21%	Added +62.8k	+62,764 91.1%
20	META PLATFORMS INC CL A META	META	29,950	$8.6m1.21%	1.21%	Added +905	+905 3.1%
21	BANK AMERICA CORP COM BAC	BAC	278,463	$8.0m1.12%	1.12%	Added +55.5k	+55,544 24.9%
22	ABBOTT LABS COM ABT	ABT	72,904	$7.9m1.12%	1.12%	Added +719	+719 1.0%
23	JOHNSON & JOHNSON COM JNJ	JNJ	45,793	$7.6m1.07%	1.07%	Added +427	+427 0.9%
24	EXXON MOBIL CORP COM XOM	XOM	66,797	$7.2m1.01%	1.01%	Added +200	+200 0.3%
25	CATERPILLAR INC COM CAT	CAT	28,323	$7.0m0.98%	0.98%	Added +81	+81 0.3%
26	GERMAN AMERN BANCORP INC COM GABC	GABC	244,648	$6.6m0.94%	0.94%	Reduced -5.9k	-5,902 -2.4%
27	NIKE INC CL B NKE	NKE	59,586	$6.6m0.93%	0.93%	Added +455	+455 0.8%
28	COCA COLA CO COM KO	KO	106,509	$6.4m0.90%	0.90%	Added +796	+796 0.8%
29	BLACKROCK INC COM BLK	BLK	9,254	$6.4m0.90%	0.90%	Added +36	+36 0.4%
30	COSTCO WHSL CORP NEW COM COST	COST	11,453	$6.2m0.87%	0.87%	Added +89	+89 0.8%
31	MORGAN STANLEY COM NEW MS	MS	67,874	$5.8m0.82%	0.82%	Added +181	+181 0.3%
32	HONEYWELL INTL INC COM COM		25,530	$5.3m0.75%	0.75%	Added +22	+22 0.1%
33	MICRON TECHNOLOGY INC COM MU	MU	83,394	$5.3m0.74%	0.74%	Added +951	+951 1.1%
34	CISCO SYS INC COM CSCO	CSCO	99,994	$5.2m0.73%	0.73%	Added +333	+333 0.3%
35	FEDEX CORP COM FDX	FDX	20,639	$5.1m0.72%	0.72%	Added +3.1k	+3,074 17.5%
36	ISHARES TR RUS MDCP VAL ETF IWS	IWS	45,872	$5.0m0.71%	0.71%	Added +1.5k	+1,527 3.4%
37	PFIZER INC COM PFE	PFE	135,348	$5.0m0.70%	0.70%	Added +1.1k	+1,119 0.8%
38	CONOCOPHILLIPS COM COP	COP	47,077	$4.9m0.69%	0.69%	Added +57	+57 0.1%
39	GENERAL MTRS CO COM GM	GM	116,926	$4.5m0.63%	0.63%	Added +3.1k	+3,091 2.7%
40	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	8,580	$4.5m0.63%	0.63%	Added +46	+46 0.5%
41	BOEING CO COM BA	BA	20,786	$4.4m0.62%	0.62%	Added +85	+85 0.4%
42	ACTIVISION BLIZZARD INC COM ATVI	ATVI	49,835	$4.2m0.59%	0.59%	Added +134	+134 0.3%
43	DANAHER CORPORATION COM DHR	DHR	16,998	$4.1m0.57%	0.57%	Added +167	+167 1.0%
44	CVS HEALTH CORP COM CVS	CVS	54,733	$3.8m0.53%	0.53%	Added +409	+409 0.8%
45	TRUIST FINL CORP COM TFC	TFC	119,336	$3.6m0.51%	0.51%	Added +17.6k	+17,576 17.3%
46	LENNAR CORP CL A LEN	LEN	27,923	$3.5m0.49%	0.49%	Added +467	+467 1.7%
47	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	45,643	$3.4m0.48%	0.48%	Added +34.8k	+34,752 319.1%
48	ISHARES TR RUS 2000 VAL ETF IWN	IWN	21,407	$3.0m0.42%	0.42%	Added +710	+710 3.4%
49	ABBVIE INC COM ABBV	ABBV	21,637	$2.9m0.41%	0.41%	Added +259	+259 1.2%
50	DISNEY WALT CO COM DIS	DIS	32,292	$2.9m0.41%	0.41%	Added +1.3k	+1,340 4.3%
51	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	34,409	$2.9m0.40%	0.40%	New
52	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	23,821	$2.5m0.36%	0.36%	Reduced -2.4k	-2,436 -9.3%
53	RTX CORPORATION COM RTX	RTX	25,162	$2.5m0.35%	0.35%	Added +27	+27 0.1%
54	PHILLIPS 66 COM PSX	PSX	24,207	$2.3m0.32%	0.32%	Added +44	+44 0.2%
55	ELI LILLY & CO COM LLY	LLY	4,873	$2.3m0.32%	0.32%	Added +10	+10 0.2%
56	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	25,587	$2.0m0.28%	0.28%	Added +1.8k	+1,847 7.8%
57	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	11,114	$1.9m0.27%	0.27%	Added +5.4k	+5,396 94.4%
58	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	27,946	$1.8m0.26%	0.26%	Reduced -5.0k	-5,006 -15.2%
59	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	10,184	$1.8m0.25%	0.25%	Reduced -3.6k	-3,586 -26.0%
60	VISA INC COM CL A V	V	5,513	$1.3m0.18%	0.18%	Reduced -2	-2 -0.0%
61	KIMBALL ELECTRONICS INC COM KE	KE	46,002	$1.3m0.18%	0.18%	Unchanged
62	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	34,617	$1.2m0.16%	0.16%	Reduced -43.3k	-43,297 -55.6%
63	HOME DEPOT INC COM HD	HD	3,740	$1.2m0.16%	0.16%	Reduced -51	-51 -1.4%
64	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	33,915	$1.1m0.16%	0.16%	Unchanged
65	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,851	$1.1m0.15%	0.15%	Unchanged
66	SELECT SECTOR SPDR TR INDL XLI	XLI	8,614	$924.5k0.13%	0.13%	Reduced -5.7k	-5,744 -40.0%
67	MERCK & CO INC COM MRK	MRK	6,594	$760.9k0.11%	0.11%	Added +149	+149 2.3%
68	ISHARES TR CORE S&P500 ETF IVV	IVV	1,693	$754.6k0.11%	0.11%	Reduced -57	-57 -3.3%
69	ADOBE INC COM ADBE	ADBE	1,522	$744.2k0.10%	0.10%	Reduced -11	-11 -0.7%
70	ISHARES TR MSCI EAFE ETF EFA	EFA	8,251	$598.2k0.08%	0.08%	Added +74	+74 0.9%
71	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	10,525	$573.0k0.08%	0.08%	Unchanged
72	ISHARES TR CORE S&P TTL STK ITOT	ITOT	5,780	$565.5k0.08%	0.08%	Reduced -297	-297 -4.9%
73	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	1,142	$547.2k0.08%	0.08%	Unchanged
74	TJX COS INC NEW COM TJX	TJX	6,431	$545.3k0.08%	0.08%	Unchanged
75	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,555	$530.3k0.07%	0.07%	Reduced -115	-115 -6.9%
76	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,838	$520.1k0.07%	0.07%	Added +190	+190 11.5%
77	DEERE & CO COM DE	DE	1,276	$517.0k0.07%	0.07%	Added +18	+18 1.4%
78	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	6,473	$489.2k0.07%	0.07%	Reduced -2.9k	-2,887 -30.8%
79	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	6,571	$477.6k0.07%	0.07%	Reduced -602	-602 -8.4%
80	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	2,118	$465.5k0.07%	0.07%	Added +12	+12 0.6%
81	ISHARES TR CORE US AGGBD ET AGG	AGG	4,662	$456.6k0.06%	0.06%	Reduced -3.1k	-3,103 -40.0%
82	VANGUARD INDEX FDS VALUE ETF VTV	VTV	3,071	$436.4k0.06%	0.06%	Added +164	+164 5.6%
83	ISHARES TR CORE S&P US VLU IUSV	IUSV	5,336	$417.6k0.06%	0.06%	Unchanged
84	WALMART INC COM WMT	WMT	2,635	$414.2k0.06%	0.06%	Reduced -48	-48 -1.8%
85	PHILIP MORRIS INTL INC COM PM	PM	3,911	$381.8k0.05%	0.05%	Unchanged
86	TEXAS INSTRS INC COM TXN	TXN	2,091	$376.4k0.05%	0.05%	Added +54	+54 2.6%
87	AMGEN INC COM AMGN	AMGN	1,687	$374.5k0.05%	0.05%	Unchanged
88	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,618	$356.2k0.05%	0.05%	Unchanged
89	TE CONNECTIVITY LTD SHS TEL1USD	TEL1USD	2,538	$355.7k0.05%	0.05%	Unchanged
90	MCDONALDS CORP COM MCD	MCD	1,181	$352.4k0.05%	0.05%	Reduced -21	-21 -1.8%
91	ISHARES TR RUS 1000 GRW ETF IWF	IWF	1,241	$341.5k0.05%	0.05%	Added +6	+6 0.5%
92	SPDR GOLD TR GOLD SHS GLD	GLD	1,885	$336.0k0.05%	0.05%	Added +165	+165 9.6%
93	PEPSICO INC COM PEP	PEP	1,806	$334.5k0.05%	0.05%	Added +52	+52 3.0%
94	VERIZON COMMUNICATIONS INC COM VZ	VZ	8,984	$334.1k0.05%	0.05%	Reduced -94	-94 -1.0%
95	GOLDMAN SACHS GROUP INC COM COM		1,020	$329.0k0.05%	0.05%	Added +4	+4 0.4%
96	NEXTERA ENERGY INC COM NEE	NEE	4,240	$314.6k0.04%	0.04%	Added +92	+92 2.2%
97	CHURCH & DWIGHT CO INC COM CHD	CHD	3,051	$305.8k0.04%	0.04%	Unchanged
98	TESLA INC COM TSLA	TSLA	1,156	$302.6k0.04%	0.04%	Added +75	+75 6.9%
99	PHILLIPS EDISON & CO INC COMMON STOCK PECO	PECO	8,618	$293.7k0.04%	0.04%	New
100	3M CO COM MMM	MMM	2,729	$273.1k0.04%	0.04%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
CITIGROUP INC C	C	78,913	$3.7m78.9k shares
ISHARES TR IEFA	IEFA	7,017	$469.1k7.0k shares
FORD MTR CO F	F	24,125	$304.0k24.1k shares
VANGUARD INDEX FDS VOE	VOE	1,591	$213.3k1.6k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	3,062	$212.2k3.1k shares
ALTRIA GROUP INC MO	MO	4,712	$210.2k4.7k shares
SPDR SER TR JNK	JNK	2,225	$206.5k2.2k shares
KIMBALL INTL INC KBAL	KBAL	10,337	$128.2k10.3k shares