Heartland Financial USA Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:HTLF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Feb 24	BuyUS$33,030	Robert Kahn	Individual	1,000	US$33.03
31 Dec 23	BuyUS$3,208	Kevin Karrels	Individual	93	US$34.49
14 Aug 23	BuyUS$94,500	Bruce Lee	Individual	3,000	US$31.50
30 Jun 23	BuyUS$13,722	Deborah Deters	Individual	536	US$25.60
30 Jun 23	BuyUS$3,174	Kevin Karrels	Individual	124	US$25.60
09 May 23	BuyUS$137,750	Bruce Lee	Individual	5,000	US$27.55

Insider Trading Volume

Insider Buying: HTLF insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HTLF?
Owner Type	Number of Shares	Ownership Percentage
State or Government	11,093	0.0259%
Private Companies	50,152	0.117%
Individual Insiders	3,634,353	8.49%
General Public	6,975,337	16.3%
Institutions	32,112,735	75.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 63.56% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.8%	BlackRock, Inc.	5,903,536	US$210.9m	-0.06%	no data
7.56%	The Vanguard Group, Inc.	3,232,944	US$115.5m	2.83%	no data
6.17%	EARNEST Partners, LLC	2,640,203	US$94.3m	-3.78%	0.46%
4.78%	Dimensional Fund Advisors LP	2,043,545	US$73.0m	3.14%	0.01%
3.79%	Dubuque Bank & Trust, Asset Management Arm	1,619,694	US$57.9m	0%	6.97%
3.57%	Thrivent Investment Management Inc.	1,527,392	US$54.6m	-0.65%	0.11%
3.46%	Htlf Bank, Asset Management Arm	1,478,945	US$52.8m	0%	6.16%
2.75%	State Street Global Advisors, Inc.	1,177,905	US$42.1m	3.86%	no data
2.12%	Geode Capital Management, LLC	905,662	US$32.4m	4.66%	no data
1.94%	Lynn Fuller	828,555	US$29.6m	0%	no data
1.25%	FMR LLC	535,609	US$19.1m	23%	no data
1.18%	Robert Regnier	506,425	US$18.1m	0%	no data
1.12%	Charles Schwab Investment Management, Inc.	478,927	US$17.1m	0%	no data
1.11%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	473,525	US$16.9m	-7.48%	no data
1.07%	American Century Investment Management Inc	459,657	US$16.4m	25.8%	0.01%
0.97%	Northern Trust Global Investments	412,883	US$14.7m	2.53%	no data
0.92%	New York State Common Retirement Fund	394,972	US$14.1m	0.01%	0.02%
0.88%	Mary Fuller	374,863	US$13.4m	0%	no data
0.83%	Bridgeway Capital Management, LLC	354,994	US$12.7m	28%	0.22%
0.77%	AQR Capital Management, LLC	328,773	US$11.7m	20.5%	0.02%
0.74%	Fourthstone LLC	315,207	US$11.3m	327%	2.32%
0.72%	Nuveen Investments, Inc.	307,971	US$11.0m	2.06%	0.03%
0.71%	Norges Bank Investment Management	305,826	US$10.9m	-20.4%	no data
0.69%	First Trust Advisors LP	295,063	US$10.5m	4.26%	0.01%
0.68%	BNY Mellon Asset Management	291,063	US$10.4m	-0.02%	no data