Instuitional Investor - German American Bancorp, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr - MSCI ACWI EX US		1,569,754	$95,660,807	9.34%
2.	Ishares Tr - INTRM GOV CR ETF		833,504	$89,009,891	8.69%
3.	Ishares Trust	IEF	938,960	$86,356,150	8.43%
4.	Microsoft Corp	MSFT	106,100	$52,775,200	5.15%
5.	Ishares Trust	IEF	213,039	$45,971,685	4.49%