13F-HR/A: Horizon Bancorp Inc. Discloses Q1 2024 13F Holdings

Horizon Bancorp Inc. reports its holdings as of March 31, 2024, in its latest 13F filing, showcasing a diverse investment portfolio.

Summary

• Horizon Bancorp Inc. filed its 13F holdings report for the quarter ended March 31, 2024.
• The report includes 242 entries with a total value of $209,885,000.
• The filing indicates holdings in various companies and ETFs, with significant positions in Vanguard Bd Index Fds, Flexshares Morningstar Global Ups, and Ishares Intermediate Government Credit ETF.
• The report also shows the number of shares held and the voting authority for each security.

Sentiment

Score: 6

Explanation: The document is a standard 13F filing, which is factual and neutral in tone. The sentiment is moderately positive as it provides transparency into the company's investment holdings.

Positives

• The filing provides transparency into Horizon Bancorp Inc.'s investment strategy.
• The diverse portfolio indicates a broad investment approach across various sectors and asset classes.
• The large holding in Vanguard Bd Index Fds suggests a focus on fixed income investments.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing insights into their investment strategies and portfolio composition. This filing allows investors to track Horizon Bancorp's investment decisions and compare them to those of other financial institutions.

Comparison to Industry Standards

• Comparing Horizon Bancorp's portfolio allocation to similar regional banks and investment firms can provide insights into their relative risk appetite and investment focus.
• For example, comparing the allocation to fixed income ETFs like Vanguard Bd Index Fds to peers such as First Financial Bancorp or Huntington Bancshares could reveal differences in their interest rate sensitivity.
• Analyzing the holdings in specific sectors, such as technology (e.g., Apple, Microsoft) or healthcare (e.g., Abbott Labs, AbbVie), against industry benchmarks like the S&P 500 or Nasdaq 100 can highlight potential over or under-weighting.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Horizon Bancorp Inc.
• The holdings in various companies can impact the performance of those companies' stocks.

Key Dates