Institution

Old National Bancorp

13F for the quarter to June 30, 2026, filed July 15, 2026 · SEC CIK 707179

Reported value: $5.0bn
Positions we cover: 411
Copy, a year: +15.7%
Copy Sharpe ratio: 0.85

How copying its 13F would have done

CopyS&P 500 $10,000 copying Old National Bancorp's filed holdings in companies we cover from February 21, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −30.0% (S&P 500 −31.8%); beta 0.93; alpha +2.5% a year (t = 1.71); last 12 months +28.5% against +12.1%.

Reported value by quarter

Old National Bancorp: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-12-31	$1.1B
2014-03-31	$1.1B
2014-06-30	$1.3B
2014-09-30	$1.5B
2014-12-31	$1.6B
2015-03-31	$1.8B
2015-06-30	$1.8B
2015-09-30	$1.6B
2015-12-31	$1.7B
2016-03-31	$1.7B
2016-06-30	$1.8B
2016-09-30	$1.7B
2016-12-31	$1.7B
2017-03-31	$1.8B
2017-06-30	$1.8B
2017-09-30	$1.8B
2017-12-31	$1.9B
2018-03-31	$1.9B
2018-06-30	$1.9B
2018-09-30	$2B
2018-12-31	$1.8B
2019-03-31	$1.9B
2019-06-30	$2B
2019-09-30	$2B
2019-12-31	$2B
2020-03-31	$1.6B
2020-06-30	$2B
2020-09-30	$2.1B
2020-12-31	$2.4B
2021-03-31	$2.5B
2021-06-30	$2.7B
2021-09-30	$2.6B
2021-12-31	$2.8B
2022-03-31	$2.7B
2022-06-30	$3B
2022-09-30	$2.9B
2022-12-31	$3.2B
2023-03-31	$3.3B
2023-06-30	$3.5B
2023-09-30	$3.5B
2023-12-31	$3.8B
2024-03-31	$4.2B
2024-06-30	$4.2B
2024-09-30	$4.3B
2024-12-31	$4.2B
2025-03-31	$3.8B
2025-06-30	$5.6B
2025-09-30	$5.8B
2025-12-31	$6B
2026-03-31	$6B
2026-06-30	$5B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
LLYLilly (Eli)	14.46%	$726.2m	605.5K	−1.3% Reduced
AAPLApple Inc.	3.45%	$173.4m	599.4K	−5.3% Reduced
GOOGLAlphabet Inc. (Class A)	2.84%	$142.5m	398.7K	−6.6% Reduced
MSFTMicrosoft Corporation	2.36%	$118.5m	317.6K	−5.3% Reduced
AMZNAmazon	1.79%	$90.1m	378.1K	−2.7% Reduced
METAMeta Platforms	0.79%	$39.8m	70.6K	−7.9% Reduced
ONBOLD National Bancorp	0.78%	$39.3m	1.52M	−96.5% Reduced
VVisa Inc.	0.74%	$37.3m	108.6K	−4.9% Reduced
FTNTFortinet	0.67%	$33.5m	218.1K	−5.0% Reduced
CVSCVS Health	0.67%	$33.5m	323.5K	+2.5% Added
JPMJPMorgan Chase	0.64%	$32.3m	98.5K	−6.2% Reduced
ABBVAbbVie	0.63%	$31.8m	126.2K	+2.7% Added
WFCWells Fargo	0.52%	$25.9m	313.2K	−3.8% Reduced
USBU.S. Bancorp	0.51%	$25.6m	423.6K	−4.5% Reduced
COSTCostco	0.51%	$25.4m	27.1K	−1.9% Reduced
JNJJohnson & Johnson	0.50%	$25.2m	99.3K	−7.3% Reduced
UNHUnitedHealth Group	0.43%	$21.6m	52.1K	+7.6% Added
TMOThermo Fisher Scientific	0.42%	$21.2m	42.2K	−9.5% Reduced
VTRVentas	0.42%	$20.9m	235.1K	+14.5% Added
VRTVertiv	0.41%	$20.7m	61.7K	−2.7% Reduced
CFGCitizens Financial Group	0.40%	$20.0m	285.4K	−4.8% Reduced
CNHCNH Industrial N.V.	0.39%	$19.7m	1.75M	−14.5% Reduced
CPRTCopart	0.39%	$19.7m	697.4K	−15.5% Reduced
MRKMerck & Co.	0.37%	$18.7m	145.5K	−10.0% Reduced
SLBSchlumberger	0.35%	$17.4m	373.8K	+13.1% Added
BBWIBath & Body Works, Inc.	0.33%	$16.6m	718.8K	+44.0% Added
IBMIBM	0.31%	$15.5m	55.1K	−14.7% Reduced
GISGeneral Mills	0.30%	$15.2m	435.5K	+8.4% Added
DHRDanaher Corporation	0.30%	$15.1m	79.1K	−7.2% Reduced
TAT&T	0.29%	$14.7m	710.2K	−5.8% Reduced
CVXChevron Corporation	0.28%	$14.0m	84.2K	+1.7% Added
MOAltria	0.28%	$13.8m	191.9K	+5.5% Added
DEDeere & Company	0.27%	$13.8m	21.7K	−1.1% Reduced
ALBAlbemarle Corporation	0.27%	$13.7m	101.7K	−13.1% Reduced
TGTTarget Corporation	0.27%	$13.4m	102.8K	−8.4% Reduced
CSCOCisco	0.26%	$13.3m	113.1K	−11.3% Reduced
BLKBlackRock	0.26%	$13.2m	13.7K	−6.2% Reduced
NVONovo Nordisk A S	0.26%	$13.1m	273.6K	+13.4% Added
TFCTruist Financial	0.25%	$12.6m	253.6K	+4.7% Added
BMYBristol Myers Squibb	0.25%	$12.6m	218.2K	+5.4% Added
CCLCarnival Corporation	0.25%	$12.5m	436.6K	New
CRMSalesforce	0.25%	$12.3m	78.7K	−9.8% Reduced
MLIMueller Industries Inc	0.24%	$12.3m	100.3K	+2.8% Added
VZVerizon	0.24%	$12.0m	283.3K	−4.2% Reduced
APHAmphenol	0.24%	$11.9m	67.7K	+245.9% Added
PFEPfizer	0.24%	$11.8m	492.1K	+5.6% Added
PSAPublic Storage	0.23%	$11.7m	36.9K	+6.0% Added
MCDMcDonald's	0.23%	$11.6m	43.0K	+21.8% Added
COPConocoPhillips	0.23%	$11.6m	111.8K	+12.7% Added
CATCaterpillar Inc.	0.22%	$11.1m	10.4K	+6.4% Added
CCKCrown Holdings, Inc.	0.22%	$11.0m	98.4K	−9.7% Reduced
DGDollar General	0.22%	$11.0m	95.5K	+2.0% Added
FFord Motor Company	0.21%	$10.8m	776.5K	−8.3% Reduced
CCitigroup	0.21%	$10.8m	77.0K	−11.8% Reduced
CBChubb Limited	0.21%	$10.8m	31.6K	+3.4% Added
CMCSAComcast	0.21%	$10.8m	438.4K	+1542.1% Added
CMICummins	0.20%	$10.3m	14.4K	−5.7% Reduced
APAAPA Corporation	0.20%	$10.2m	314.7K	−26.9% Reduced
LAMRLamar Advertising Co	0.20%	$10.2m	65.1K	+52.5% Added
DOCHealthpeak Properties	0.20%	$10.1m	470.8K	+12.7% Added
DVNDevon Energy	0.20%	$9.9m	240.7K	+4984.1% Added
HIIHuntington Ingalls Industries	0.20%	$9.9m	35.5K	−7.3% Reduced
ANETArista Networks	0.19%	$9.6m	56.6K	−26.7% Reduced
PCARPaccar	0.19%	$9.5m	79.3K	+12.7% Added
ORCLOracle Corporation	0.18%	$9.2m	62.9K	−27.7% Reduced
ORealty Income	0.18%	$9.2m	148.4K	+9.4% Added
ALLYAlly Financial Inc.	0.18%	$9.2m	199.8K	−52.5% Reduced
HSYThe Hershey Company	0.18%	$9.2m	52.3K	+6.6% Added
AONAon plc	0.18%	$9.0m	27.3K	+3.3% Added
MAMastercard	0.18%	$9.0m	17.6K	−18.3% Reduced
PINSPinterest, Inc.	0.18%	$9.0m	428.1K	−1.5% Reduced
ABTAbbott Laboratories	0.18%	$8.9m	97.7K	−5.3% Reduced
GEVGE Vernova	0.18%	$8.9m	7.5K	+214.3% Added
EOGEOG Resources	0.18%	$8.9m	68.3K	+29.4% Added
TROWT. Rowe Price	0.17%	$8.7m	76.9K	+5.9% Added
PNFPPinnacle Financial Partners, Inc.	0.17%	$8.7m	86.3K	+267.0% Added
ZSZscaler, Inc.	0.17%	$8.6m	60.7K	+115.9% Added
PEPPepsiCo	0.17%	$8.4m	62.2K	+9.4% Added
MPCMarathon Petroleum	0.17%	$8.4m	32.8K	−1.5% Reduced
HDThe Home Depot	0.16%	$8.2m	23.4K	−4.0% Reduced
VEEVVeeva Systems Inc	0.16%	$7.9m	44.4K	−3.5% Reduced
FNFFidelity National Financial, Inc.	0.16%	$7.8m	166.4K	+4.3% Added
PANWPalo Alto Networks	0.15%	$7.8m	22.8K	+2.8% Added
WMTWalmart	0.15%	$7.7m	67.9K	−10.0% Reduced
LMTLockheed Martin	0.15%	$7.5m	14.7K	−36.1% Reduced
UBSIUnited Bankshares Inc	0.15%	$7.4m	162.5K	+10.6% Added
TJXTJX Companies	0.14%	$7.2m	47.6K	−4.7% Reduced
PGProcter & Gamble	0.14%	$7.1m	48.4K	−21.2% Reduced
TSLATesla, Inc.	0.14%	$6.9m	16.5K	+7.1% Added
TTTrane Technologies	0.14%	$6.9m	14.1K	−31.8% Reduced
WUWestern Union Co	0.13%	$6.7m	872.1K	+7.1% Added
UNPUnion Pacific Corporation	0.13%	$6.5m	24.1K	−1.3% Reduced
SCIService Corp International	0.13%	$6.5m	85.2K	+270.7% Added
WSOWatsco Inc	0.12%	$5.9m	14.2K	+841.3% Added
NFLXNetflix	0.12%	$5.8m	81.0K	−26.5% Reduced
PMPhilip Morris International	0.11%	$5.7m	31.4K	−9.1% Reduced
HSTHost Hotels & Resorts	0.11%	$5.5m	233.0K	New
AMPAmeriprise Financial	0.11%	$5.4m	11.9K	−31.1% Reduced
CAGConagra Brands Inc.	0.11%	$5.3m	394.2K	+1.1% Added
BBYBest Buy	0.10%	$5.3m	69.5K	−1.3% Reduced
EFXEquifax	0.10%	$5.3m	33.1K	−45.6% Reduced
MCKMcKesson	0.10%	$5.3m	7.0K	−6.6% Reduced
BXBlackstone Inc.	0.10%	$5.3m	44.6K	−30.6% Reduced
VIRTVirtu Financial, Inc.	0.10%	$5.3m	88.1K	−13.7% Reduced
GLWCorning Inc.	0.10%	$5.2m	20.3K	+3.6% Added
RTXRTX Corporation	0.10%	$5.1m	26.9K	−7.7% Reduced
DKSDick's Sporting Goods, Inc.	0.10%	$5.0m	21.8K	−33.9% Reduced
GSGoldman Sachs	0.10%	$4.8m	4.7K	−1.8% Reduced
GWWW. W. Grainger	0.09%	$4.7m	3.4K	−0.3%
KOThe Coca-Cola Company	0.09%	$4.5m	54.9K	−26.9% Reduced
ADPAutomatic Data Processing	0.09%	$4.4m	19.8K	+56.5% Added
TMUST-Mobile US	0.08%	$4.2m	25.2K	−27.8% Reduced
AMGNAmgen	0.08%	$4.2m	11.6K	−29.8% Reduced
CSXCSX Corporation	0.08%	$4.0m	83.6K	−9.3% Reduced
EMREmerson Electric	0.07%	$3.7m	26.1K	+3.0% Added
CTASCintas	0.07%	$3.6m	21.4K	−0.5%
KHCKraft Heinz	0.07%	$3.5m	147.3K	−66.7% Reduced
DGXQuest Diagnostics	0.07%	$3.4m	16.1K	−33.0% Reduced
FITBFifth Third Bancorp	0.07%	$3.3m	59.0K	−10.2% Reduced
VLOValero Energy	0.07%	$3.3m	12.6K	−6.2% Reduced
BALLBall Corporation	0.06%	$3.2m	51.8K	0.0%
GEGE Aerospace	0.06%	$3.2m	8.6K	+9.3% Added
COFCapital One	0.06%	$3.1m	15.7K	−13.8% Reduced
BACBank of America	0.06%	$3.1m	54.8K	+3.4% Added
TAPMolson Coors Beverage Co	0.06%	$3.0m	77.6K	−67.6% Reduced
TSNTyson Foods	0.06%	$3.0m	52.4K	−65.5% Reduced
TOLToll Brothers, Inc.	0.06%	$2.9m	17.7K	−34.7% Reduced
AXPAmerican Express	0.06%	$2.9m	8.6K	−27.1% Reduced
ADBEAdobe Inc.	0.06%	$2.9m	13.9K	−59.6% Reduced
WSMWilliams-Sonoma, Inc.	0.06%	$2.8m	12.0K	−5.7% Reduced
JJacobs Solutions	0.06%	$2.7m	21.8K	−33.6% Reduced
CAHCardinal Health	0.05%	$2.7m	11.2K	−1.4% Reduced
MMM3M	0.05%	$2.6m	16.3K	−9.3% Reduced
SYKStryker Corporation	0.05%	$2.6m	8.3K	−8.9% Reduced
KMIKinder Morgan	0.05%	$2.6m	81.6K	−16.9% Reduced
CORCencora	0.05%	$2.5m	9.0K	−10.1% Reduced
PKGPackaging Corporation of America	0.05%	$2.5m	10.4K	+0.1%
URIUnited Rentals	0.05%	$2.4m	2.1K	+0.4%
PWRQuanta Services	0.05%	$2.3m	3.3K	−33.2% Reduced
EWEdwards Lifesciences	0.05%	$2.3m	25.3K	−12.8% Reduced
FELEFranklin Electric Co Inc	0.04%	$2.1m	20.1K	−8.0% Reduced
PCTPurecycle Technologies, Inc.	0.04%	$2.1m	258.0K	+564.6% Added
SCHWCharles Schwab Corporation	0.04%	$2.1m	22.6K	+8.8% Added
NUENucor	0.04%	$2.1m	9.3K	−10.6% Reduced
FISFidelity National Information Services	0.04%	$2.0m	52.7K	−35.0% Reduced
HONHoneywell Technologies	0.04%	$2.0m	8.9K	New
ELVElevance Health	0.04%	$2.0m	5.1K	+0.2%
LOWLowe's	0.04%	$2.0m	8.9K	−9.8% Reduced
ALLAllstate	0.04%	$2.0m	8.2K	+10.6% Added
MKCMcCormick & Company	0.04%	$1.9m	38.5K	New

Company	Bought (value)	Shares
CCLCarnival Corporation	$12.5m	436.6K
CMCSAComcast	$10.1m	411.7K
DVNDevon Energy	$9.8m	236.0K
APHAmphenol	$8.5m	48.1K
PNFPPinnacle Financial Partners, Inc.	$6.3m	62.8K
GEVGE Vernova	$6.0m	5.1K
HSTHost Hotels & Resorts	$5.5m	233.0K
WSOWatsco Inc	$5.3m	12.7K
BBWIBath & Body Works, Inc.	$5.1m	219.6K
SCIService Corp International	$4.7m	62.2K
ZSZscaler, Inc.	$4.6m	32.6K
LAMRLamar Advertising Co	$3.5m	22.4K
VTRVentas	$2.6m	29.8K
MCDMcDonald's	$2.1m	7.7K
SLBSchlumberger	$2.0m	43.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
ONBOLD National Bancorp	−$1.1bn	−41.21M
NVDANVIDIA Corporation	−$20.6m	−118.1K
ALLYAlly Financial Inc.	−$10.1m	−220.4K
GOOGLAlphabet Inc. (Class A)	−$10.1m	−28.3K
TSMTaiwan Semiconductor Manufacturing Co LTD	−$9.7m	−28.6K
AAPLApple Inc.	−$9.6m	−33.3K
LLYLilly (Eli)	−$9.4m	−7.8K
KMXCarmax Inc	−$8.7m	−163.8K
KHCKraft Heinz	−$7.0m	−294.6K
MSFTMicrosoft Corporation	−$6.6m	−17.8K
TAPMolson Coors Beverage Co	−$6.3m	−161.9K
KLACKLA Corporation	−$6.2m	−4.2K
ASMLAsml Holding NV	−$5.8m	−4.4K
TSNTyson Foods	−$5.7m	−99.6K
PSXPhillips 66	−$4.9m	−29.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
NVDANVIDIA Corporation	$20.6m	118.1K
TSMTaiwan Semiconductor Manufacturing Co LTD	$9.7m	28.6K
KLACKLA Corporation	$6.2m	4.2K
ASMLAsml Holding NV	$5.8m	4.4K
AEPAmerican Electric Power	$3.6m	27.2K
AVGOBroadcom	$1.5m	4.9K
ONON Semiconductor Corp	$1.1m	17.4K
SOSouthern Company	$965,876	10.0K
AMATApplied Materials	$644,274	1.9K
JCIJohnson Controls	$592,024	4.5K
ZTSZoetis	$558,778	4.7K
NEENextEra Energy	$452,511	4.9K
UNFUnifirst Corp	$451,854	1.8K
BSXBoston Scientific	$396,580	6.3K
FISVFiserv	$367,163	6.6K
SCCOSouthern Copper Corp/	$343,947	2.0K
FERGFerguson Enterprises	$336,594	1.4K
EQTEQT Corporation	$306,808	4.8K
YUMCYum China Holdings, Inc.	$305,508	6.3K
ULUnilever PLC	$303,479	5.3K
QQnity Electronics, Inc.	$296,180	2.6K
OTTROtter Tail Corp	$288,324	3.3K
RUNSunrun Inc.	$270,399	19.9K
LNCLincoln National Corp	$267,528	7.5K
APPApplovin Corp	$249,944	628
TPRTapestry, Inc.	$247,647	1.8K
DUKDuke Energy	$232,419	1.8K
XELXcel Energy	$228,628	2.9K
BKRBaker Hughes	$223,626	3.7K
SRESempra	$222,131	2.3K

Health Care34.7%
Technology15.4%
Financials12.7%
Industrials8.7%
Communication Services8.5%
Consumer Discretionary7.2%
Consumer Staples5.3%
Energy3.2%
Real Estate2.5%
Materials1.8%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 21, 2014 to November 2, 2026	+15.7%	+13.7%	0.85	0.73	−30.0%	0.93
2018 onwardsJanuary 5, 2018 to November 2, 2026	+16.1%	+13.9%	0.77	0.66	−30.0%	0.92
Last three yearsNovember 3, 2023 to November 2, 2026	+21.5%	+21.8%	1.14	1.16	−15.2%	0.77
Last yearNovember 7, 2025 to November 2, 2026	+27.8%	+14.2%	1.79	0.84	−11.8%	0.49

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.