GERMAN AMERICAN BANCORP, INC.

PublicCIK: 714395

GABCNASDAQ

Location

JASPER, IN

148

Positions

$1.16B

Total AUM (reported)

9.09M

Total Shares

Allocation by class

COM$541.68M46.6%

MSCI ACWI EX US$114.87M9.9%

INTRM GOV CR ETF$94.56M8.1%

RUS MID CAP ETF$93.48M8.0%

RUSSELL 2000 ETF$54.09M4.7%

CAP STK CL A$47.09M4.0%

CL A$38.91M3.3%

Portfolio Concentration

Top 3$302.91M26.0%

4–10$313.89M27.0%

11–25$270.81M23.3%

Rest$275.49M23.7%

Top 3 weight

26.0%

Top 10 weight

53.0%

Voting Authority Distribution

Total shares with voting rights: 9.09M

Sole

Full voting authority

8.12M

% of voting shares89.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

966.29K

% of voting shares10.6%

Investment Discretion (by position count)

Sole148

Shared0

Other0

Dominant voting typeSole · 89.4% of voting shares

Institutional Holdings148

Rows:

ISHARES TR

SOLE

MSCI ACWI EX US

Shares1.68M

TypeSH

Market value$114.87M

9.88%

Sole

1.68M

Shared

0.00

None

430.00

ISHARES TR

SOLE

INTRM GOV CR ETF

Shares886.37K

TypeSH

Market value$94.56M

8.13%

Sole

886.37K

Shared

0.00

None

0.00

ISHARES TR

SOLE

RUS MID CAP ETF

Shares961.46K

TypeSH

Market value$93.48M

8.04%

Sole

961.22K

Shared

0.00

None

245.00

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares218.12K

TypeSH

Market value$54.09M

4.65%

Sole

218.06K

Shared

0.00

None

56.00

ALPHABET INC

SOLE

CAP STK CL A

Shares163.74K

TypeSH

Market value$47.09M

4.05%

Sole

163.64K

Shared

0.00

None

102.00

APPLE INC

SOLE

COM

Shares185.52K

TypeSH

Market value$47.08M

4.05%

Sole

185.50K

Shared

0.00

None

29.00

NVIDIA CORPORATION

SOLE

COM

Shares269.67K

TypeSH

Market value$47.03M

4.04%

Sole

269.62K

Shared

0.00

None

46.00

MICROSOFT CORP

SOLE

COM

Shares111.63K

TypeSH

Market value$41.32M

3.55%

Sole

110.29K

Shared

0.00

None

1.34K

GERMAN AMERN BANCORP INC

SOLE

COM

Shares966.87K

TypeSH

Market value$40.41M

3.47%

Sole

19.53K

Shared

0.00

None

947.34K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares56.44K

TypeSH

Market value$36.87M

3.17%

Sole

56.44K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares151.06K

TypeSH

Market value$31.46M

2.71%

Sole

148.98K

Shared

0.00

None

2.08K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares43.20K

TypeSH

Market value$28.10M

2.42%

Sole

43.12K

Shared

0.00

None

76.00

MICRON TECHNOLOGY INC

SOLE

COM

Shares69.12K

TypeSH

Market value$23.35M

2.01%

Sole

69.11K

Shared

0.00

None

11.00

META PLATFORMS INC

SOLE

CL A

Shares39.28K

TypeSH

Market value$22.48M

1.93%

Sole

39.28K

Shared

0.00

None

7.00

SELECT SECTOR SPDR TR

SOLE

SBI INT-UTILS

Shares473.53K

TypeSH

Market value$21.73M

1.87%

Sole

473.44K

Shared

0.00

None

98.00

BROADCOM INC

SOLE

COM

Shares57.24K

TypeSH

Market value$17.72M

1.52%

Sole

56.12K

Shared

0.00

None

1.12K

JPMORGAN CHASE & CO

SOLE

COM

Shares57.19K

TypeSH

Market value$16.82M

1.45%

Sole

57.18K

Shared

0.00

None

9.00

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares133.18K

TypeSH

Market value$14.14M

1.22%

Sole

132.14K

Shared

0.00

None

1.04K

COSTCO WHSL CORP NEW

SOLE

COM

Shares13.93K

TypeSH

Market value$13.88M

1.19%

Sole

13.93K

Shared

0.00

None

2.00

ELI LILLY & CO

SOLE

COM

Shares15.05K

TypeSH

Market value$13.85M

1.19%

Sole

14.99K

Shared

0.00

None

66.00

CATERPILLAR INC

SOLE

COM

Shares19.52K

TypeSH

Market value$13.83M

1.19%

Sole

19.52K

Shared

0.00

None

3.00

MASTERCARD INCORPORATED

SOLE

CL A

Shares27.07K

TypeSH

Market value$13.53M

1.16%

Sole

27.07K

Shared

0.00

None

5.00

RTX CORPORATION

SOLE

COM

Shares69.75K

TypeSH

Market value$13.45M

1.16%

Sole

69.73K

Shared

0.00

None

13.00

MORGAN STANLEY

SOLE

COM NEW

Shares80.74K

TypeSH

Market value$13.29M

1.14%

Sole

80.72K

Shared

0.00

None

14.00

EXXON MOBIL CORP

SOLE

COM

Shares77.78K

TypeSH

Market value$13.20M

1.13%

Sole

77.77K

Shared

0.00

None

14.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	MSCI ACWI EX US	1.68M	SH	$114.87M 9.88%	1.68M	430.00
ISHARES TRSOLE	INTRM GOV CR ETF	886.37K	SH	$94.56M 8.13%	886.37K	0.00
ISHARES TRSOLE	RUS MID CAP ETF	961.46K	SH	$93.48M 8.04%	961.22K	245.00
ISHARES TRSOLE	RUSSELL 2000 ETF	218.12K	SH	$54.09M 4.65%	218.06K	56.00
ALPHABET INCSOLE	CAP STK CL A	163.74K	SH	$47.09M 4.05%	163.64K	102.00
APPLE INCSOLE	COM	185.52K	SH	$47.08M 4.05%	185.50K	29.00
NVIDIA CORPORATIONSOLE	COM	269.67K	SH	$47.03M 4.04%	269.62K	46.00
MICROSOFT CORPSOLE	COM	111.63K	SH	$41.32M 3.55%	110.29K	1.34K
GERMAN AMERN BANCORP INCSOLE	COM	966.87K	SH	$40.41M 3.47%	19.53K	947.34K
ISHARES TRSOLE	CORE S&P500 ETF	56.44K	SH	$36.87M 3.17%	56.44K	0.00
AMAZON COM INCSOLE	COM	151.06K	SH	$31.46M 2.71%	148.98K	2.08K
SPDR S&P 500 ETF TRSOLE	TR UNIT	43.20K	SH	$28.10M 2.42%	43.12K	76.00
MICRON TECHNOLOGY INCSOLE	COM	69.12K	SH	$23.35M 2.01%	69.11K	11.00
META PLATFORMS INCSOLE	CL A	39.28K	SH	$22.48M 1.93%	39.28K	7.00
SELECT SECTOR SPDR TRSOLE	SBI INT-UTILS	473.53K	SH	$21.73M 1.87%	473.44K	98.00
BROADCOM INCSOLE	COM	57.24K	SH	$17.72M 1.52%	56.12K	1.12K
JPMORGAN CHASE & COSOLE	COM	57.19K	SH	$16.82M 1.45%	57.18K	9.00
ISHARES TRSOLE	NATIONAL MUN ETF	133.18K	SH	$14.14M 1.22%	132.14K	1.04K
COSTCO WHSL CORP NEWSOLE	COM	13.93K	SH	$13.88M 1.19%	13.93K	2.00
ELI LILLY & COSOLE	COM	15.05K	SH	$13.85M 1.19%	14.99K	66.00
CATERPILLAR INCSOLE	COM	19.52K	SH	$13.83M 1.19%	19.52K	3.00
MASTERCARD INCORPORATEDSOLE	CL A	27.07K	SH	$13.53M 1.16%	27.07K	5.00
RTX CORPORATIONSOLE	COM	69.75K	SH	$13.45M 1.16%	69.73K	13.00
MORGAN STANLEYSOLE	COM NEW	80.74K	SH	$13.29M 1.14%	80.72K	14.00
EXXON MOBIL CORPSOLE	COM	77.78K	SH	$13.20M 1.13%	77.77K	14.00

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