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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, Q4 2021

Institutional positions in First Merchants Corp as of Dec 31, 2021. 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
205
+1 vs. Q3 2021
Shares held
39.7M
+49.3K (+0.1%) vs. Q3 2021
Total value
$1.66B
+$4.96M (+0.3%) vs. Q3 2021
New holders
24
74 more added
Sold out
23
59 more reduced

4 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2021: 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 holdersQ4 2021: 205 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 heldQ4 2021: $1.66B
Q1 2021: $1.89BQ2 2021: $1.69BQ3 2021: $1.66BQ4 2021: $1.66BQ1 2022: $1.76BQ2 2022: $1.54BQ3 2022: $1.66BQ4 2022: $1.78BQ1 2023: $1.42BQ2 2023: $1.21BQ3 2023: $1.20BQ4 2023: $1.63BQ1 2024: $1.50BQ2 2024: $1.42BQ3 2024: $1.60BQ4 2024: $1.74BQ1 2025: $1.80BQ2 2025: $1.69BQ3 2025: $1.67BQ4 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$1.67B
Q2 2025278$1.69B
Q1 2025273$1.80B
Q4 2024254$1.74B
Q3 2024243$1.60B
Q2 2024231$1.42B
Q1 2024233$1.50B
Q4 2023229$1.63B
Q3 2023213$1.20B
Q2 2023211$1.21B
Q1 2023211$1.42B
Q4 2022230$1.78B
Q3 2022221$1.66B
Q2 2022222$1.54B
Q1 2022210$1.76B
Q4 2021205$1.66B
Q3 2021208$1.66B
Q2 2021197$1.69B
Q1 2021193$1.89B

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q3 2021.

Institutions holding FRME in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc5,282,106$221.3M0.01%+117,029+2.3%Added
BlackRock Inc.3,955,251$165.7M0.00%+231,037+6.2%Added
Earnest Partners LLC2,783,471$116.6M0.67%−158,974−5.4%Reduced
Dimensional Fund Advisors LP2,577,483$108.0M0.03%+3,615+0.1%Added
Cardinal Capital Management LLC2,360,093$98.9M2.34%−6,539−0.3%Reduced
State Street Corp1,744,493$73.1M0.00%+68,532+4.1%Added
Goldman Sachs Group Inc1,433,881$60.1M0.01%+26,910+1.9%Added
Geode Capital Management, LLC983,012$41.2M0.00%+94,298+10.6%Added
William Blair Investment Management, LLC978,897$41.0M0.11%+152,700+18.5%Added
Bank of New York Mellon Corp898,856$37.7M0.01%−60,042−6.3%Reduced
Principal Financial Group Inc800,501$33.5M0.02%+13,191+1.7%Added
PL Capital Advisors, LLC751,333$31.5M7.69%00.0%Unchanged
Victory Capital Management Inc717,134$30.0M0.03%−18,581−2.5%Reduced
Manufacturers Life Insurance Company, The714,458$29.9M0.02%+10,503+1.5%Added
Northern Trust Corp703,139$29.5M0.00%+8,104+1.2%Added
Boston Partners642,043$27.2M0.03%−4,792−0.7%Reduced
Schroder Investment Management Group646,340$27.1M0.04%−5,833−0.9%Reduced
Systematic Financial Management LP626,749$26.3M0.78%−15,619−2.4%Reduced
Deprince Race & Zollo Inc564,324$23.6M0.60%−62,416−10.0%Reduced
New York State Common Retirement Fund543,998$22.8M0.02%−93,651−14.7%Reduced
Norges Bank534,004$22.4M0.00%−5,972−1.1%Reduced
JPMorgan Chase & Co525,045$22.0M0.00%+61,050+13.2%Added
Charles Schwab Investment Management Inc473,654$19.8M0.01%+20,557+4.5%Added
Nuveen Asset Management, LLC450,450$18.5M0.01%+3,972+0.9%Added
Public Employees Retirement Association of Colorado426,377$17.9M0.07%00.0%Unchanged
Eagle Asset Management Inc397,948$16.5M0.07%−38,007−8.7%Reduced
Millennium Management LLC377,537$15.8M0.02%+60,966+19.3%Added
Kennedy Capital Management, Inc.350,611$14.7M0.31%+95,843+37.6%Added
Russell Investments Group, Ltd.306,731$12.8M0.02%−56,765−15.6%Reduced
ProShare Advisors LLC248,813$10.4M0.02%+9,511+4.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.247,609$10.4M0.03%+9,692+4.1%Added
Wells Fargo & Company238,545$9.99M0.00%+5,027+2.2%Added
Parametric Portfolio Associates LLC232,828$9.75M0.00%+21,843+10.4%Added
Phocas Financial Corp.229,609$9.62M1.22%+73,073+46.7%Added
Bridgeway Capital Management, LLC196,000$8.21M0.15%00.0%Unchanged
STRS Ohio184,400$7.72M0.03%+23,700+14.7%Added
Cambridge Investment Research Advisors, Inc.177,306$7.43M0.03%+4,778+2.8%Added
Macquarie Group Ltd150,063$6.29M0.01%+11,971+8.7%Added
Two Sigma Investments, LP130,641$5.47M0.01%+2,001+1.6%Added
Prudential Financial Inc124,861$5.23M0.01%−8,345−6.3%Reduced
Nordea Investment Management AB123,747$5.17M0.01%−671−0.5%Reduced
Swiss National Bank119,262$5.00M0.00%−900−0.7%Reduced
First Trust Advisors LP117,973$4.94M0.00%+3,959+3.5%Added
Barclays PLC103,122$4.32M0.00%+51,388+99.3%Added
Ameriprise Financial Inc97,985$4.11M0.00%+20,003+25.7%Added
SEI Investments Co96,459$4.04M0.01%+7,521+8.5%Added
Guggenheim Capital LLC95,795$4.01M0.02%−11,039−10.3%Reduced
Rhumbline Advisers94,184$3.94M0.00%+933+1.0%Added
Bank of America Corp90,664$3.80M0.00%+19,762+27.9%Added
Morgan Stanley88,775$3.72M0.00%−2,201−2.4%Reduced
Invesco Ltd.88,100$3.69M0.00%−804−0.9%Reduced
Fisher Asset Management, LLC83,094$3.48M0.00%+9,193+12.4%Added
California State Teachers Retirement System76,875$3.22M0.00%+3,363+4.6%Added
First Financial Bank - Trust Division75,779$3.17M0.32%00.0%Unchanged
Alliancebernstein L.P.71,904$3.01M0.00%00.0%Unchanged
Marshall Wace, LLP69,920$2.93M0.01%+45,212+183.0%Added
Brandywine Global Investment Management, LLC69,371$2.91M0.02%+40.0%Added
Two Sigma Advisers, LP68,900$2.89M0.01%+2,500+3.8%Added
Richard Bernstein Advisors LLC67,903$2.84M0.05%00.0%Unchanged
UBS Asset Management Americas Inc65,830$2.76M0.00%00.0%Unchanged
Budros, Ruhlin & Roe, Inc.61,731$2.59M0.28%−1,363−2.2%Reduced
Terry L. Blaker61,234$2.56M0.20%−4,186−6.4%Reduced
Monarch Partners Asset Management LLC59,141$2.48M0.50%−107,539−64.5%Reduced
UBS Group AG53,013$2.22M0.00%+26,714+101.6%Added
D. E. Shaw & Co., Inc.52,745$2.21M0.00%+10,922+26.1%Added
Premier Fund Managers Ltd53,000$2.20M0.07%00.0%Unchanged
Park National Corp51,070$2.14M0.08%00.0%Unchanged
Credit Suisse AG50,948$2.13M0.00%+6,254+14.0%Added
Verition Fund Management LLC49,614$2.08M0.03%−40,156−44.7%Reduced
Citadel Advisors LLC48,031$2.01M0.00%−21,812−31.2%Reduced
Legal & General Group Plc46,610$1.95M0.00%+181+0.4%Added
Advisory Research Inc44,389$1.86M0.15%−145,635−76.6%Reduced
ExodusPoint Capital Management, LP43,196$1.81M0.02%−7,695−15.1%Reduced
Arrowstreet Capital, Limited Partnership42,637$1.79M0.00%−1,522−3.4%Reduced
Mariner, LLC39,181$1.64M0.01%+28,778+276.6%Added
Envestnet Asset Management Inc38,913$1.63M0.00%+642+1.7%Added
Deutsche Bank AG37,109$1.55M0.00%+3,254+9.6%Added
Diversified Portfolios, Inc.35,335$1.48M0.36%00.0%Unchanged
Oppenheimer Asset Management Inc.34,950$1.46M0.02%−714−2.0%Reduced
AQR Capital Management LLC34,535$1.45M0.00%+13,406+63.4%Added
State of New Jersey Common Pension Fund D34,342$1.44M0.00%−30,586−47.1%Reduced
Paradigm Capital Management Inc34,000$1.42M0.06%00.0%Unchanged
Virginia Retirement Systems Et Al33,600$1.41M0.01%−200−0.6%Reduced
Old National Bancorp32,343$1.35M0.05%+4,700+17.0%Added
State Board of Administration of Florida Retirement System31,702$1.33M0.00%−146−0.5%Reduced
American International Group, Inc.30,311$1.27M0.01%+683+2.3%Added
DuPont Capital Management Corp29,050$1.22M0.04%+13,687+89.1%Added
Cubist Systematic Strategies, LLC29,027$1.22M0.01%−13,745−32.1%Reduced
Price T Rowe Associates Inc29,028$1.22M0.00%−1,823−5.9%Reduced
Allspring Global Investments Holdings, LLC27,933$1.17M0.00%+27,933New
Jackson Creek Investment Advisors LLC27,308$1.14M0.41%+27,308New
BNP Paribas Arbitrage, SA26,909$1.13M0.00%+11,595+75.7%Added
Raymond James Financial Services Advisors, Inc.25,942$1.09M0.00%+727+2.9%Added
Waterfront Wealth Inc.24,067$1.01M0.40%−173−0.7%Reduced
Advantage Alpha Capital Partners LP23,892$1.00M0.14%+4,815+25.2%Added
BCGM Wealth Management, LLC23,626$990.0K0.53%+23,626New
Algert Global LLC22,257$932.0K0.12%−970−4.2%Reduced
Voya Investment Management LLC21,829$914.0K0.00%−440−2.0%Reduced
Thrivent Financial for Lutherans20,559$856.0K0.00%+6,102+42.2%Added
Royal Bank of Canada20,364$853.0K0.00%+4,114+25.3%Added