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First Merchants Corp

FRME
Exchange
Nasdaq
Industry
National Commercial Banks
SEC CIK
0000712534

In the last 90 days, First Merchants Corp insiders filed 0 open-market purchases and 1 sale; 308 institutions reported holding it in 13F filings for Q2 2026, worth $2.04B in total; no superinvestor holds it.

Other share classesFRMEP

13F holders, Q2 2026

Institutional positions in First Merchants Corp as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
308
+11 vs. Q1 2026
Shares held
46.7M
+611.6K (+1.3%) vs. Q1 2026
Total value
$2.04B
+$254.9M (+14.3%) vs. Q1 2026
New holders
34
129 more added
Sold out
23
86 more reduced

3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FRME on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 308 institutions
Q1 2021: 193 institutionsQ2 2021: 197 institutionsQ3 2021: 208 institutionsQ4 2021: 205 institutionsQ1 2022: 210 institutionsQ2 2022: 222 institutionsQ3 2022: 221 institutionsQ4 2022: 230 institutionsQ1 2023: 211 institutionsQ2 2023: 211 institutionsQ3 2023: 213 institutionsQ4 2023: 229 institutionsQ1 2024: 233 institutionsQ2 2024: 231 institutionsQ3 2024: 243 institutionsQ4 2024: 254 institutionsQ1 2025: 273 institutionsQ2 2025: 278 institutionsQ3 2025: 282 institutionsQ4 2025: 282 institutionsQ1 2026: 300 institutionsQ2 2026: 308 institutions
Value heldQ2 2026: $2.04B
Q1 2021: $1.89BQ2 2021: $1.72BQ3 2021: $1.66BQ4 2021: $1.67BQ1 2022: $1.76BQ2 2022: $1.54BQ3 2022: $1.67BQ4 2022: $1.78BQ1 2023: $1.44BQ2 2023: $1.21BQ3 2023: $1.20BQ4 2023: $1.67BQ1 2024: $1.55BQ2 2024: $1.44BQ3 2024: $1.63BQ4 2024: $1.74BQ1 2025: $1.80BQ2 2025: $1.69BQ3 2025: $1.70BQ4 2025: $1.65BQ1 2026: $1.79BQ2 2026: $2.04B
Institutions holding FRME and their total value by quarter
QuarterHoldersValue
Q2 2026308$2.04B
Q1 2026300$1.79B
Q4 2025282$1.65B
Q3 2025282$1.70B
Q2 2025278$1.69B
Q1 2025273$1.80B
Q4 2024254$1.74B
Q3 2024243$1.63B
Q2 2024231$1.44B
Q1 2024233$1.55B
Q4 2023229$1.67B
Q3 2023213$1.20B
Q2 2023211$1.21B
Q1 2023211$1.44B
Q4 2022230$1.78B
Q3 2022221$1.67B
Q2 2022222$1.54B
Q1 2022210$1.76B
Q4 2021205$1.67B
Q3 2021208$1.66B
Q2 2021197$1.72B
Q1 2021193$1.89B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q1 2026.

Institutions holding FRME in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.5,324,728$232.6M0.00%+425,372+8.7%Added
Dimensional Fund Advisors LP3,689,776$161.2M0.03%+93,759+2.6%Added
Vanguard Portfolio Management LLC3,402,832$148.7M0.01%+43,798+1.3%Added
Vanguard Capital Management LLC2,720,680$118.9M0.00%−9,931−0.4%Reduced
State Street Corp2,551,308$111.5M0.00%+311,540+13.9%Added
Earnest Partners LLC2,174,024$95.0M0.34%−81,566−3.6%Reduced
Geode Capital Management, LLC1,670,991$73.0M0.00%+97,210+6.2%Added
Nuveen, LLC1,058,876$46.3M0.01%+15,553+1.5%Added
Victory Capital Management Inc1,042,728$45.6M0.03%+47,733+4.8%Added
Systematic Financial Management LP850,405$37.2M0.74%−11,590−1.3%Reduced
First Trust Advisors LP776,088$33.9M0.02%+50,829+7.0%Added
Charles Schwab Investment Management Inc711,910$31.1M0.00%−7,515−1.0%Reduced
FJ Capital Management LLC711,425$31.1M4.03%00.0%Unchanged
Goldman Sachs Group Inc697,055$30.5M0.00%−440,130−38.7%Reduced
Wellington Management Group LLP696,621$30.4M0.01%−310,614−30.8%Reduced
PL Capital Advisors, LLC686,333$30.0M8.34%00.0%Unchanged
Northern Trust Corp683,988$29.9M0.00%+30,629+4.7%Added
Qube Research & Technologies Ltd648,844$28.3M0.03%−1,555−0.2%Reduced
JPMorgan Chase & Co639,609$27.9M0.00%+109,891+20.7%Added
William Blair Investment Management, LLC622,443$27.2M0.08%−167,439−21.2%Reduced
AQR Capital Management LLC566,471$24.7M0.01%+161,480+39.9%Added
Public Employees Retirement Association of Colorado546,322$23.9M0.08%00.0%Unchanged
Terry L. Blaker521,994$22.8M0.80%−3,164−0.6%Reduced
Two Sigma Investments, LP470,409$20.6M0.02%+64,857+16.0%Added
Manufacturers Life Insurance Company, The432,341$18.9M0.01%−708−0.2%Reduced
Bridgeway Capital Management, LLC429,606$18.8M0.33%+33,384+8.4%Added
FMR LLC420,996$18.4M0.00%+50,061+13.5%Added
Bank of New York Mellon Corp415,568$18.2M0.00%−344,102−45.3%Reduced
Vanguard Fiduciary Trust Co410,238$17.9M0.00%+11,122+2.8%Added
Fisher Asset Management, LLC367,005$16.0M0.00%+18,144+5.2%Added
American Century Companies Inc344,504$15.1M0.01%−4,595−1.3%Reduced
Raymond James Financial Inc339,054$14.8M0.00%−5,589−1.6%Reduced
Hotchkis & Wiley Capital Management LLC337,897$14.8M0.04%+9,880+3.0%Added
MetLife Investment Management320,319$14.0M0.06%+4,352+1.4%Added
Millennium Management LLC318,618$13.9M0.01%−10,318−3.1%Reduced
Glenmede Trust Co NA296,414$13.0M0.06%+58,228+24.4%Added
Empowered Funds, LLC277,911$12.1M0.06%+54,884+24.6%Added
Morgan Stanley213,604$9.33M0.00%−13,055−5.8%Reduced
Bank of America Corp206,018$9.00M0.00%−37,258−15.3%Reduced
Wells Fargo & Company202,821$8.86M0.00%+28,222+16.2%Added
Phocas Financial Corp.201,603$8.81M1.22%−10,617−5.0%Reduced
Denali Advisors LLC194,500$8.50M0.86%−10,700−5.2%Reduced
Edgestream Partners, L.P.185,737$8.11M0.24%+163,413+732.0%Added
Alliancebernstein L.P.204,281$7.91M0.00%−98,221−32.5%Reduced
ProShare Advisors LLC170,104$7.43M0.01%−4,042−2.3%Reduced
Marshall Wace, LLP159,382$6.96M0.01%+95,058+147.8%Added
Susquehanna International Group, LLP151,364$6.61M0.01%−50,160−24.9%Reduced
Creative Planning145,215$6.34M0.00%+41,922+40.6%Added
Citadel Advisors LLC140,294$6.13M0.00%−14,919−9.6%Reduced
Arrowstreet Capital, Limited Partnership134,606$5.88M0.00%+64,193+91.2%Added
Lynch & Associates130,000$5.68M0.99%00.0%Unchanged
Swiss National Bank127,162$5.56M0.00%+3,000+2.4%Added
Envestnet Asset Management Inc124,472$5.44M0.00%−241−0.2%Reduced
Great Lakes Advisors, LLC116,095$5.07M0.04%+7,382+6.8%Added
Numerai GP LLC115,285$5.04M0.41%+22,592+24.4%Added
New York State Common Retirement Fund114,510$5.00M0.01%+2,400+2.1%Added
Ameriprise Financial Inc111,740$4.88M0.00%−2,735−2.4%Reduced
Peregrine Capital Management LLC111,491$4.87M0.16%−9,764−8.1%Reduced
Nordea Investment Management AB111,720$4.85M0.00%−5,721−4.9%Reduced
OneAscent Financial Services LLC97,810$4.27M0.20%+2,479+2.6%Added
UBS Asset Management Americas Inc96,682$4.22M0.00%−7,955−7.6%Reduced
Franklin Resources Inc96,450$4.21M0.00%+6,687+7.4%Added
Petiole USA ltd94,047$4.11M2.95%00.0%Unchanged
Price T Rowe Associates Inc93,609$4.09M0.00%+12,175+15.0%Added
SEI Investments Co92,890$4.06M0.00%−54,809−37.1%Reduced
Mariner, LLC91,158$3.98M0.00%+13,202+16.9%Added
Citigroup Inc90,309$3.95M0.00%+13,166+17.1%Added
O'Shaughnessy Asset Management, LLC89,476$3.91M0.02%−15,783−15.0%Reduced
Rhumbline Advisers88,773$3.88M0.00%+4,690+5.6%Added
Invesco Ltd.83,274$3.64M0.00%−1,231−1.5%Reduced
ExodusPoint Capital Management, LP81,592$3.56M0.03%+81,592New
Cerity Partners LLC80,081$3.50M0.00%+1,916+2.5%Added
Stifel Financial Corp78,574$3.43M0.00%−5,339−6.4%Reduced
RMB Capital Management, LLC78,324$3.42M0.05%−20,023−20.4%Reduced
First Financial Bank - Trust Division75,779$3.31M0.24%00.0%Unchanged
Mendon Capital Advisors Corp75,000$3.28M1.16%−22,500−23.1%Reduced
Principal Financial Group Inc74,933$3.27M0.00%+4,536+6.4%Added
UBS Group AG74,836$3.27M0.00%−57,015−43.2%Reduced
Verition Fund Management LLC74,527$3.26M0.02%+74,527New
Dark Forest Capital Management LP72,174$3.15M0.20%−15,642−17.8%Reduced
California State Teachers Retirement System71,220$3.11M0.00%+381+0.5%Added
Schonfeld Strategic Advisors LLC69,722$3.05M0.02%+61,323+730.1%Added
Occudo Quantitative Strategies LP69,144$3.02M0.16%+11,621+20.2%Added
Inspire Advisors, LLC67,888$2.98M0.21%−4,028−5.6%Reduced
Ieq Capital, LLC68,021$2.97M0.01%+17,099+33.6%Added
Prudential Financial Inc67,873$2.97M0.00%+58,105+594.9%Added
Deutsche Bank AG67,265$2.94M0.00%+7,604+12.7%Added
Advisory Research Inc65,315$2.85M0.28%−2,319−3.4%Reduced
Atom Investors LP64,208$2.81M0.25%+4,804+8.1%Added
Russell Investments Group, Ltd.63,561$2.78M0.00%+29,337+85.7%Added
Vanguard Asset Management, Ltd63,215$2.76M0.00%+8,944+16.5%Added
BridgePort Financial Solutions, LLC58,069$2.54M0.65%−38−0.1%Reduced
Y-Intercept (Hong Kong) Ltd57,284$2.50M0.05%−26,765−31.8%Reduced
XTX Topco Ltd56,918$2.49M0.03%+42,504+294.9%Added
Quantinno Capital Management LP55,686$2.43M0.00%+26,017+87.7%Added
Round Hill Asset Management54,531$2.38M1.50%−3,965−6.8%Reduced
Legal & General Group Plc53,763$2.35M0.00%+6,581+13.9%Added
HRT Financial LP52,084$2.27M0.00%−15,084−22.5%Reduced
Susquehanna Fundamental Investments, LLC51,564$2.25M0.04%−1,851−3.5%Reduced
D. E. Shaw & Co., Inc.49,198$2.15M0.00%+15,311+45.2%Added