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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 2022

Institutional positions in First Merchants Corp as of Dec 31, 2022. 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
230
+14 vs. Q3 2022
Shares held
43.3M
+305.8K (+0.7%) vs. Q3 2022
Total value
$1.78B
+$116.4M (+7.0%) vs. Q3 2022
New holders
29
77 more added
Sold out
15
75 more reduced

5 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 230 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 2022: $1.78B
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 2022

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q3 2022.

Institutions holding FRME in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,426,077$264.2M0.01%+164,992+2.6%Added
BlackRock Inc.4,127,631$169.7M0.01%+124,231+3.1%Added
Dimensional Fund Advisors LP2,846,662$117.0M0.04%+46,719+1.7%Added
Earnest Partners LLC2,835,869$116.6M0.71%+246,560+9.5%Added
Cardinal Capital Management LLC2,296,640$94.4M3.05%−62,458−2.6%Reduced
State Street Corp1,540,236$63.3M0.00%−64,559−4.0%Reduced
Geode Capital Management, LLC1,119,569$46.0M0.01%+44,571+4.1%Added
Goldman Sachs Group Inc966,914$39.7M0.01%−42,903−4.2%Reduced
Principal Financial Group Inc959,817$39.5M0.03%−77,788−7.5%Reduced
Boston Partners911,274$37.7M0.05%+113,263+14.2%Added
William Blair Investment Management, LLC889,864$36.6M0.14%−33,822−3.7%Reduced
Manufacturers Life Insurance Company, The885,521$36.4M0.02%−42,790−4.6%Reduced
Victory Capital Management Inc841,142$34.6M0.04%−84,752−9.2%Reduced
American Century Companies Inc778,973$32.0M0.03%+143,478+22.6%Added
PL Capital Advisors, LLC763,333$31.4M8.62%00.0%Unchanged
Nuveen Asset Management, LLC750,334$30.8M0.01%+13,162+1.8%Added
Bank of New York Mellon Corp704,195$28.9M0.01%−12,209−1.7%Reduced
Northern Trust Corp672,705$27.7M0.01%+3,540+0.5%Added
Systematic Financial Management LP630,186$25.9M0.85%−17,362−2.7%Reduced
New York State Common Retirement Fund599,365$24.6M0.03%+59,650+11.1%Added
Public Employees Retirement Association of Colorado587,986$24.2M0.13%+3,909+0.7%Added
Deprince Race & Zollo Inc579,546$23.8M0.55%−308,837−34.8%Reduced
JPMorgan Chase & Co577,827$23.8M0.00%+15,146+2.7%Added
Charles Schwab Investment Management Inc566,739$23.3M0.01%+12,484+2.3%Added
Eagle Asset Management Inc489,906$20.1M0.12%+46,768+10.6%Added
Norges Bank466,933$19.2M0.00%+14,400+3.2%Added
Neumeier Poma Investment Counsel LLC422,100$17.4M1.61%+46,670+12.4%Added
Fisher Asset Management, LLC400,171$16.5M0.01%+313,008+359.1%Added
Schroder Investment Management Group396,651$16.3M0.03%−105,824−21.1%Reduced
Morgan Stanley323,621$13.3M0.00%−92,550−22.2%Reduced
Russell Investments Group, Ltd.321,606$13.2M0.03%−67,408−17.3%Reduced
Kennedy Capital Management, Inc.301,536$12.4M0.35%−17,544−5.5%Reduced
Guggenheim Capital LLC295,009$12.1M0.11%+9,688+3.4%Added
Pier Capital, LLC240,751$9.90M1.62%−2,241−0.9%Reduced
Phocas Financial Corp.230,628$9.48M1.37%−1040.0%Reduced
ProShare Advisors LLC216,787$8.91M0.03%+13,003+6.4%Added
SEI Investments Co209,490$8.61M0.02%−2,786−1.3%Reduced
Wells Fargo & Company202,895$8.34M0.00%+10,834+5.6%Added
STRS Ohio176,800$7.27M0.03%−14,400−7.5%Reduced
Macquarie Group Ltd155,357$6.39M0.01%−14,761−8.7%Reduced
Invesco Ltd.154,650$6.36M0.00%−17,195−10.0%Reduced
Nordea Investment Management AB152,670$6.28M0.01%−3,873−2.5%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.144,624$5.95M0.02%+10,513+7.8%Added
Swiss National Bank143,662$5.91M0.00%+2,700+1.9%Added
Raymond James & Associates135,010$5.55M0.01%+48,230+55.6%Added
Hotchkis & Wiley Capital Management LLC121,121$4.98M0.02%+2,450+2.1%Added
Petiole USA ltd117,547$4.83M3.54%00.0%Unchanged
OneAscent Financial Services LLC109,885$4.52M1.92%+109,885New
Rhumbline Advisers108,760$4.47M0.01%+1,487+1.4%Added
First Trust Advisors LP108,418$4.46M0.01%−4,444−3.9%Reduced
Ameriprise Financial Inc106,494$4.38M0.00%−495−0.5%Reduced
Millennium Management LLC101,333$4.17M0.00%−161,427−61.4%Reduced
Maltese Capital Management LLC93,700$3.85M1.07%+73,700+368.5%Added
Terry L. Blaker91,314$3.75M0.34%+8,499+10.3%Added
Bridgeway Capital Management, LLC83,486$3.43M0.09%−119,681−58.9%Reduced
EJF Capital LLC76,200$3.13M0.98%−16,841−18.1%Reduced
First Financial Bank - Trust Division75,779$3.12M0.34%00.0%Unchanged
California State Teachers Retirement System74,619$3.07M0.00%+847+1.1%Added
UBS Asset Management Americas Inc73,755$3.03M0.00%+15,745+27.1%Added
Alliancebernstein L.P.68,997$2.84M0.00%+6,300+10.0%Added
CI Private Wealth, LLC68,695$2.82M0.01%+68,695New
Bank of America Corp68,205$2.80M0.00%+16,951+33.1%Added
Wellington Management Group LLP67,900$2.79M0.00%−32,558−32.4%Reduced
Brandywine Global Investment Management, LLC64,936$2.67M0.02%−2,116−3.2%Reduced
Cambridge Investment Research Advisors, Inc.62,726$2.58M0.01%−4,723−7.0%Reduced
Mariner, LLC61,207$2.52M0.01%−2,482−3.9%Reduced
Envestnet Asset Management Inc54,508$2.24M0.00%+6,695+14.0%Added
Advisory Research Inc54,260$2.23M0.21%−2,919−5.1%Reduced
Legal & General Group Plc51,763$2.13M0.00%+1,198+2.4%Added
Park National Corp50,947$2.09M0.09%00.0%Unchanged
Credit Suisse AG50,405$2.07M0.00%−1,640−3.2%Reduced
Monarch Partners Asset Management LLC49,569$2.04M0.60%+49,569New
Two Sigma Advisers, LP45,281$1.86M0.01%−10,066−18.2%Reduced
Price T Rowe Associates Inc39,520$1.63M0.00%+591+1.5%Added
Royal Bank of Canada37,850$1.56M0.00%+9,897+35.4%Added
Prudential Financial Inc35,287$1.45M0.00%−53,161−60.1%Reduced
John W. Rosenthal Capital Management, Inc.35,250$1.45M1.30%+35,250New
Commonwealth Equity Services, LLC35,099$1.44M0.00%+5,597+19.0%Added
Clarkston Capital Partners, LLC34,696$1.43M0.03%00.0%Unchanged
Paradigm Capital Management Inc34,000$1.40M0.09%00.0%Unchanged
Stifel Financial Corp32,854$1.35M0.00%+5,522+20.2%Added
Diversified Portfolios, Inc.32,805$1.35M0.31%00.0%Unchanged
Oppenheimer Asset Management Inc.32,660$1.34M0.02%−788−2.4%Reduced
Raymond James Financial Services Advisors, Inc.32,092$1.32M0.00%−12,202−27.5%Reduced
Old National Bancorp31,735$1.30M0.04%00.0%Unchanged
Rothschild & Co Asset Management US Inc.31,599$1.30M0.02%+31,599New
State Board of Administration of Florida Retirement System31,082$1.28M0.00%−620−2.0%Reduced
MetLife Investment Management30,257$1.24M0.01%00.0%Unchanged
UBS Group AG29,644$1.22M0.00%+11,057+59.5%Added
Advisor Group Holdings, Inc.27,687$1.14M0.00%−221−0.8%Reduced
Deutsche Bank AG27,334$1.12M0.00%+3,543+14.9%Added
American International Group, Inc.27,082$1.11M0.01%−99−0.4%Reduced
Renaissance Technologies LLC26,820$1.10M0.00%+26,820New
The PNC Financial Services Group, Inc.26,392$1.08M0.00%+322+1.2%Added
Cornercap Investment Counsel Inc25,633$1.05M0.18%00.0%Unchanged
River Oaks Capital LLC25,583$1.05M1.20%+1,283+5.3%Added
Oberweis Asset Management Inc25,300$1.04M0.22%+25,300New
Waterfront Wealth Inc.24,834$1.01M0.35%+203+0.8%Added
Mirae Asset Global Investments Co., Ltd.24,546$1.01M0.00%+253+1.0%Added
IFG Advisory, LLC23,964$985.0K0.10%+200+0.8%Added