Institutional Manager · CIK 0000714562

FIRST FINANCIAL CORP /IN/

Terre Haute, IN · File #028-14510

Latest AUM

$264.9M

Positions

420

Top-10 Concentration

62.2%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	NVIDIA Corporation	NVDA	+5,554	+$1.0M	-$198
ADD	iShares Russell Mid-Cap ETF	464287499	+1,051	+$101,180	-$1,355
REDUCE	Invesco QQQ Trust Series 1	IVZ	-149	-$91,532	+$34,822
REDUCE	Vanguard Information Technolog	92204A702	-68	-$51,257	+$12,891
REDUCE	Adobe Systems Inc	ADBE	-140	-$49,000	-$443
ADD	SPDR Dow Jones Industrial Aver	78467X109	+95	+$45,654	+$25,414
ADD	iShares Russell 1000 Income ET	464287614	+95	+$44,964	+$11,266
NEW	Spdr S&p 500 Fossil Fuel Free	78468R796	+565	+$31,747	$0
ADD	Blackrock Inc.	BLK	+29	+$31,040	-$5,732
EXITED	Cencora, Inc.	03073E105	-97	-$30,315	$0

Sector Allocation

11.9%$31.7M

4.4%$11.7M

3.6%$9.4M

2.3%$6.1M

Consumer Discretionary

2.3%$6.0M

Energy

1.4%$3.6M

Consumer Staples

1.3%$3.4M

Communication Services

0.8%$2.2M

Materials

0.4%$1.1M

Utilities

0.1%$396,050

Real Estate

0.0%$94,508

Filing History

Jan 13, 202613F HOLDINGS REPORTQ/E Dec 2025420 pos · $264.9M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 2025427 pos · $255.2M
Jul 9, 202513F HOLDINGS REPORTQ/E Jun 2025423 pos · $224.0M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 2025455 pos · $206.9M
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024522 pos · $214.7M
Oct 24, 202413F HOLDINGS REPORTQ/E Sep 2024563 pos · $209.5M
Jul 11, 202413F HOLDINGS REPORTQ/E Jun 2024596 pos · $196.3M
Apr 12, 202413F HOLDINGS REPORTQ/E Mar 2024674 pos · $197.0M
Oct 11, 202313F HOLDINGS REPORTQ/E Dec 2023501 pos · $170.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	First Financial Corp	320218100	628,101	$37.9M	18.45%
2	Vanguard S&P 500 ETF	922908363	52,454	$32.9M	15.99%
3	Vanguard Information Technolog	92204A702	18,877	$14.2M	6.92%
4	Vanguard FTSE Developed Market	921943858	141,938	$8.9M	4.31%
5	iShares S&P Core S&P	464287200	12,380	$8.5M	4.12%
6	Microsoft Corp	MSFT	12,704	$6.1M	2.99%
7	Vanguard Mid-Cap ETF	922908629	19,020	$5.5M	2.68%
8	Vanguard Small-Cap ETF	922908751	18,738	$4.8M	2.35%
9	Apple Inc	AAPL	17,433	$4.7M	2.30%
10	Vanguard Communication Service	92204A884	22,161	$4.3M	2.09%
11	Vanguard Financial ETF	92204A405	27,895	$3.7M	1.81%
12	Eli Lilly & Co	LLY	3,075	$3.3M	1.61%
13	JPMorgan Chase & Co	VYLD	10,014	$3.2M	1.57%
14	FlexShares Intl Quality Div In	FLEX	104,470	$3.2M	1.54%
15	Broadcom Inc	AVGO	9,110	$3.2M	1.53%
16	Vanguard Consumer Discretionar	92204A108	7,926	$3.1M	1.52%
17	Vanguard Health Care ETF	92204A504	9,655	$2.8M	1.35%
18	iShares MSCI Emerging Markets	46434G764	38,236	$2.8M	1.35%
19	NVIDIA Corporation	NVDA	14,455	$2.7M	1.31%
20	Vanguard Industrials ETF	92204A603	8,781	$2.6M	1.27%