Exploring Old National Bancorp (ONB) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind Old National Bancorp (ONB), and what drives their investment decisions? As of December 31, 2024, institutional investors held a significant 96.82% ownership in ONB, with approximately $54 billion in assets and $30 billion in assets under management. Recent activity shows that 188 institutional investors increased their positions in Q4 2024, with substantial moves made by firms like WELLINGTON MANAGEMENT GROUP LLP, which added 7,872,318 shares (a 923.4% increase) valued at an estimated $170,868,662, and MILLENNIUM MANAGEMENT LLC, which increased its holdings by 4,751,923 shares (a staggering 10795.2% increase) for an estimated $103,140,488. But why are these institutions making such significant investments, and what does it mean for the future of ONB? Read on to discover the investor profile of Old National Bancorp and the factors influencing their strategies.

Old National Bancorp (ONB) Who Invests in Old National Bancorp (ONB) and Why?

Understanding the investor profile of Old National Bancorp (ONB) is crucial for current and prospective shareholders. The composition of ONB's investor base and their motivations can significantly influence the stock's price stability, trading volume, and overall market perception. Here's a breakdown of the key investor types, their investment motivations, and typical strategies.

Key Investor Types

The investor base of Old National Bancorp (ONB) typically includes a mix of retail investors, institutional investors, and potentially hedge funds.

• Retail Investors: These are individual investors who buy and sell shares for their own accounts. They may be drawn to ONB for its dividend payouts or perceived stability as a regional bank.
• Institutional Investors: These include mutual funds, pension funds, insurance companies, and other large entities that invest on behalf of their clients. Institutional investors often have a longer-term investment horizon and conduct in-depth research before investing.
• Hedge Funds: Some hedge funds may invest in ONB, seeking to profit from short-term price movements or specific events such as mergers and acquisitions.

Investment Motivations

Several factors attract investors to Old National Bancorp (ONB):

• Growth Prospects: Investors may be attracted to ONB's potential for growth through strategic acquisitions, organic expansion, and increased market share in the Midwest.
• Dividends: ONB's history of paying dividends can be a significant draw for income-seeking investors, particularly in a low-interest-rate environment.
• Market Position: As a well-established regional bank with a strong presence in its key markets, ONB may be seen as a stable and reliable investment.

Investment Strategies

Investors in Old National Bancorp (ONB) employ various strategies, depending on their investment goals and risk tolerance:

• Long-Term Holding: Many institutional investors and some retail investors may adopt a long-term holding strategy, seeking to benefit from ONB's long-term growth and dividend income.
• Short-Term Trading: Hedge funds and some active traders may engage in short-term trading strategies, aiming to profit from short-term price fluctuations.
• Value Investing: Value investors may be attracted to ONB if they believe the stock is undervalued relative to its assets, earnings, or growth potential.

Understanding these different investor types, motivations, and strategies provides valuable insights into the dynamics of Old National Bancorp (ONB)'s stock and its potential future performance. For more insights into the financial health of Old National Bancorp (ONB), check out this analysis: Breaking Down Old National Bancorp (ONB) Financial Health: Key Insights for Investors.

Old National Bancorp (ONB) Institutional Ownership and Major Shareholders of Old National Bancorp (ONB)

Institutional ownership in Old National Bancorp (ONB) reflects the extent to which large financial institutions, such as mutual funds, pension funds, and hedge funds, hold shares in the company. Analyzing these ownership patterns can provide insights into market sentiment and potential stock performance. As of Q1 2024, Old National Bancorp's (ONB) ownership is broken down as follows:

• Institutional Ownership: 81.94%
• Retail Ownership: 17.73%
• Other Ownership: 0.33%

A high percentage of institutional ownership often indicates confidence in the company's stability and growth prospects. However, it can also lead to increased volatility if these institutions decide to sell their shares.

Here's a detailed look at some of the top institutional investors in Old National Bancorp (ONB) as of the latest filings:

• BlackRock Fund Advisors: Holding 9,347,799 shares, representing approximately 5.469% of the company.
• The Vanguard Group, Inc.: Holding 9,042,981 shares, accounting for about 5.291% of the ownership.
• Dimensional Fund Advisors LP: Holding 4,514,217 shares, which is around 2.644% of the company's shares.
• Hotchkis & Wiley Capital Management LLC: Holding 3,797,628 shares, representing approximately 2.224%.
• State Street Global Advisors, Inc.: Holding 3,067,567 shares, holding about 1.797% of the company.

These major shareholders play a significant role in the stability and strategic direction of Old National Bancorp (ONB). Their investment decisions can influence the stock price and overall market perception of the company.

Examining the recent changes in ownership among institutional investors can provide valuable insights into the evolving sentiment surrounding Old National Bancorp (ONB). Here's an overview of notable changes:

• Increase in Holdings: Some institutions have increased their positions, signaling a bullish outlook on Old National Bancorp (ONB). For instance, Dimensional Fund Advisors LP increased its stake by 4.6% in the first quarter of 2024.
• Decrease in Holdings: Conversely, other institutions have reduced their holdings, which could indicate concerns about the company's future performance. For example, Hotchkis & Wiley Capital Management LLC decreased their stake by 1.3% in Q1 2024.

These shifts in ownership can be driven by various factors, including changes in the company's financial performance, broader economic trends, and the investment strategies of the institutions themselves.

Institutional investors wield considerable influence over Old National Bancorp's (ONB) stock price and strategic decisions. Their actions can drive trading volume and impact market sentiment. For example:

• Stock Price Impact: Large purchases by institutional investors can lead to an increase in the stock price, while significant sales can exert downward pressure.
• Strategic Influence: Major shareholders often engage with the company's management to discuss strategic initiatives, corporate governance, and financial performance. Their feedback and voting power can shape the company's direction.

Understanding the role and behavior of these large investors is crucial for anyone looking to invest in Old National Bancorp (ONB). By monitoring their activity and assessing their motivations, investors can gain a more informed perspective on the company's prospects.

To gain more insights into Old National Bancorp (ONB), explore: Old National Bancorp (ONB): History, Ownership, Mission, How It Works & Makes Money

Old National Bancorp (ONB) Key Investors and Their Impact on Old National Bancorp (ONB)

Understanding who invests in Old National Bancorp (ONB) and why can offer valuable insights into the company's stability and future prospects. Examining the investor profile—from major institutional holders to individual stakeholders—helps to reveal the market's sentiment toward ONB. Recent moves and the influence of these investors can significantly impact company decisions and stock performance.

Several institutional investors hold significant positions in Old National Bancorp (ONB). These large entities often conduct thorough research before investing, and their actions can influence market perception.

Here are some of the major institutional investors in Old National Bancorp (ONB):

• BlackRock Fund Advisors: As of March 31, 2024, BlackRock Fund Advisors holds 11,244,544 shares of ONB, representing 5.484% ownership.
• The Vanguard Group: The Vanguard Group owns 10,798,748 shares, accounting for 5.267% of the company.
• Dimensional Fund Advisors LP: Dimensional Fund Advisors LP holds 4,415,829 shares, representing 2.154% ownership.
• Hotchkis & Wiley Capital Management LLC: Hotchkis & Wiley Capital Management LLC owns 3,699,454 shares of ONB, accounting for 1.804% of the company.
• State Street Global Advisors: State Street Global Advisors holds 2,992,952 shares, representing about 1.459% ownership.

These institutional investors wield considerable influence due to the size of their stakes. Their decisions to buy or sell shares can lead to significant stock movements, affecting ONB's market capitalization and investor confidence. For instance, a large purchase by a well-regarded fund like BlackRock can signal strong confidence in ONB's future, potentially attracting other investors.

Recent moves by institutional investors can provide clues about their evolving outlook on Old National Bancorp (ONB). Monitoring these actions helps in understanding current sentiments and potential future trends.

Examples of recent moves include:

• Increased Positions: Some institutions may have increased their holdings, indicating a bullish outlook on ONB.
• Decreased Positions: Conversely, others might have reduced their stakes, signaling concerns or a shift in investment strategy.
• New Positions: New investors taking positions could suggest renewed interest in ONB's prospects.

Investor influence extends beyond just stock prices. Major shareholders can engage with the company's management through various channels, such as voting rights and direct communication. This engagement can impact corporate governance and strategic decisions.

Here's how investors can influence Old National Bancorp (ONB):

• Voting Rights: Shareholders vote on key issues, including the election of board members and significant corporate actions.
• Engagement with Management: Large investors often communicate directly with management to express their views and influence strategy.
• Activist Investors: Though not always present, activist investors can push for significant changes within the company to enhance shareholder value.

Understanding these dynamics provides a more complete picture of the factors driving Old National Bancorp's (ONB) performance and its attractiveness as an investment. For further insights into ONB's financial standing, consider exploring: Breaking Down Old National Bancorp (ONB) Financial Health: Key Insights for Investors.

Below is a table summarizing key investor information for Old National Bancorp (ONB), based on the latest available data as of 2024:

Old National Bancorp (ONB) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions to Old National Bancorp (ONB) is crucial for assessing the company's financial health and future prospects. Examining the moves of major shareholders, analyst perspectives, and overall market behavior provides a comprehensive view of ONB's standing in the financial landscape.

Investor sentiment toward Old National Bancorp can be gauged by observing the trading activity of its major shareholders. Significant increases in holdings may indicate a positive outlook, while substantial sales could suggest concerns about the company's performance or future strategy. It's important to note that institutional investors often have diverse reasons for their actions, including portfolio rebalancing and risk management, so changes in holdings must be analyzed in context.

Recent market reactions to ownership changes or large investor moves can provide insights into how the broader market perceives Old National Bancorp. For instance, a significant purchase by a well-known investment firm might lead to a short-term increase in the stock price, reflecting increased confidence in the company. Conversely, a large sell-off by a major shareholder could trigger a decline in the stock price as other investors react to the news.

Analyst perspectives play a vital role in shaping investor sentiment and influencing market reactions. Analysts at various financial institutions regularly evaluate Old National Bancorp, providing ratings (e.g., buy, hold, sell) and price targets based on their assessment of the company's financial performance, growth prospects, and competitive position. These analyses often consider the potential impact of key investors on ONB's future, as well as broader market trends and economic conditions.

Here's a general overview of factors that influence investor sentiment and market reactions:

• Company Performance: Strong financial results, consistent profitability, and effective management tend to boost investor confidence.
• Industry Trends: Positive trends in the banking sector, such as rising interest rates or increased loan demand, can benefit ONB.
• Economic Conditions: A healthy economy generally supports the financial sector, while economic downturns can create headwinds.
• Regulatory Environment: Changes in banking regulations can impact ONB's operations and profitability.
• Major Investor Actions: Significant purchases or sales by large institutional investors can signal confidence or concern.

To illustrate the kind of data relevant to understanding ONB's investor profile, consider the following hypothetical examples:

Keeping abreast of these dynamics helps stakeholders understand the forces shaping Old National Bancorp's market performance and investor relationships. For further insights into the company's guiding principles, you might find this link useful: Mission Statement, Vision, & Core Values of Old National Bancorp (ONB).