Skip to main content

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, Q3 2023

Institutional positions in First Merchants Corp as of Sep 30, 2023. 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
213
+3 vs. Q2 2023
Shares held
43.0M
+330.0K (+0.8%) vs. Q2 2023
Total value
$1.20B
−$9.48M (−0.8%) vs. Q2 2023
New holders
24
83 more added
Sold out
21
63 more reduced

1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: 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 holdersQ3 2023: 213 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 heldQ3 2023: $1.20B
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, Q3 2023

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q2 2023.

Institutions holding FRME in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,539,413$181.9M0.00%+84,858+1.3%Added
BlackRock Inc.4,763,444$132.5M0.00%−130,531−2.7%Reduced
Dimensional Fund Advisors LP2,863,294$79.7M0.03%+18,640+0.7%Added
Earnest Partners LLC2,791,692$77.7M0.45%−44,468−1.6%Reduced
State Street Corp1,710,809$47.6M0.00%−110,322−6.1%Reduced
Cardinal Capital Management LLC1,592,287$44.3M1.90%−159,075−9.1%Reduced
Geode Capital Management, LLC1,270,080$35.3M0.00%+53,482+4.4%Added
American Century Companies Inc992,748$27.6M0.02%+71,527+7.8%Added
Principal Financial Group Inc926,082$25.8M0.02%−10,269−1.1%Reduced
Victory Capital Management Inc888,653$24.7M0.03%+132,561+17.5%Added
Boston Partners871,956$24.2M0.03%−24,840−2.8%Reduced
William Blair Investment Management, LLC843,375$23.5M0.08%−65,740−7.2%Reduced
Goldman Sachs Group Inc841,233$23.4M0.01%−42,445−4.8%Reduced
Manufacturers Life Insurance Company, The803,779$22.4M0.01%−25,358−3.1%Reduced
PL Capital Advisors, LLC751,333$20.9M8.36%00.0%Unchanged
Nuveen Asset Management, LLC739,401$20.6M0.01%−9,245−1.2%Reduced
Public Employees Retirement Association of Colorado703,065$19.6M0.10%+3,930+0.6%Added
Northern Trust Corp691,408$19.2M0.00%+9,637+1.4%Added
JPMorgan Chase & Co679,309$18.9M0.00%−359−0.1%Reduced
Bank of New York Mellon Corp673,737$18.7M0.00%+1,900+0.3%Added
Charles Schwab Investment Management Inc639,673$17.8M0.01%+35,795+5.9%Added
Systematic Financial Management LP592,756$16.5M0.53%−1,872−0.3%Reduced
Fisher Asset Management, LLC487,498$13.6M0.01%+107,262+28.2%Added
Norges Bank456,719$12.7M0.00%−30,914−6.3%Reduced
Guggenheim Capital LLC364,568$10.1M0.09%+60,269+19.8%Added
Morgan Stanley346,831$9.65M0.00%+27,146+8.5%Added
Schroder Investment Management Group335,292$9.33M0.01%+26,159+8.5%Added
First Trust Advisors LP305,697$8.50M0.01%+73,082+31.4%Added
ProShare Advisors LLC274,005$7.62M0.02%−11,758−4.1%Reduced
Phocas Financial Corp.261,866$7.29M1.06%−280−0.1%Reduced
Bridgeway Capital Management, LLC260,419$7.24M0.18%+9,164+3.6%Added
Eagle Asset Management Inc237,789$6.62M0.04%+2,226+0.9%Added
SEI Investments Co225,624$6.28M0.01%−2,043−0.9%Reduced
Wells Fargo & Company210,877$5.87M0.00%+2,316+1.1%Added
AQR Capital Management LLC201,816$5.61M0.01%+194,595+2,694.8%Added
Hotchkis & Wiley Capital Management LLC187,941$5.23M0.02%+6,100+3.4%Added
Millennium Management LLC185,072$5.15M0.01%−66,483−26.4%Reduced
Envestnet Asset Management Inc184,438$5.13M0.00%+104,675+131.2%Added
STRS Ohio172,452$4.80M0.02%+25,550+17.4%Added
Kennedy Capital Management, Inc.165,109$4.59M0.11%−110,228−40.0%Reduced
Macquarie Group Ltd143,399$3.99M0.01%−1,739−1.2%Reduced
WBI Investments136,509$3.80M0.76%+136,509New
Swiss National Bank131,162$3.65M0.00%+1,300+1.0%Added
Maltese Capital Management LLC120,000$3.34M1.27%−8,500−6.6%Reduced
Rhumbline Advisers113,849$3.17M0.00%+3,841+3.5%Added
OneAscent Financial Services LLC113,408$3.15M0.82%+113,408New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.113,260$3.15M0.01%−4,594−3.9%Reduced
Empowered Funds, LLC111,819$3.11M0.09%+8,473+8.2%Added
Terry L. Blaker110,905$3.08M0.27%−816−0.7%Reduced
Bank of America Corp110,144$3.06M0.00%+31,889+40.8%Added
FJ Capital Management LLC109,362$3.04M0.34%+15,305+16.3%Added
Ameriprise Financial Inc108,076$3.01M0.00%−3,325−3.0%Reduced
EJF Capital LLC106,664$2.97M1.30%+8,785+9.0%Added
Nordea Investment Management AB102,939$2.87M0.00%−2,232−2.1%Reduced
Invesco Ltd.100,356$2.79M0.00%+473+0.5%Added
Petiole USA ltd94,047$2.62M2.40%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.83,250$2.32M3.12%00.0%Unchanged
First Financial Bank - Trust Division75,779$2.11M0.23%−1,124−1.5%Reduced
New York State Common Retirement Fund75,725$2.11M0.00%+6,926+10.1%Added
Two Sigma Investments, LP75,510$2.10M0.01%−27,306−26.6%Reduced
Strategic Investment Solutions, Inc.68,422$2.05M0.03%+67,351+6,288.6%Added
Two Sigma Advisers, LP72,981$2.03M0.01%−12,600−14.7%Reduced
Oberweis Asset Management Inc72,900$2.03M0.22%+18,100+33.0%Added
Barclays PLC69,349$1.93M0.00%−36,236−34.3%Reduced
Alliancebernstein L.P.68,997$1.92M0.00%00.0%Unchanged
UBS Asset Management Americas Inc66,049$1.84M0.00%−11,781−15.1%Reduced
California State Teachers Retirement System65,808$1.83M0.00%−4,855−6.9%Reduced
Cambridge Investment Research Advisors, Inc.62,194$1.73M0.01%−631−1.0%Reduced
Mariner, LLC62,133$1.73M0.00%−114−0.2%Reduced
River Oaks Capital LLC60,500$1.68M2.48%+9,780+19.3%Added
Great Lakes Advisors, LLC59,660$1.66M0.02%+32,110+116.6%Added
Credit Suisse AG57,722$1.61M0.00%−3,187−5.2%Reduced
Legal & General Group Plc56,486$1.57M0.00%+1,491+2.7%Added
Advisory Research Inc55,640$1.55M0.21%−195−0.3%Reduced
Denali Advisors LLC55,400$1.54M0.54%+16,300+41.7%Added
UBS Group AG53,325$1.48M0.00%+12,912+32.0%Added
Prudential Financial Inc49,634$1.38M0.00%−9,411−15.9%Reduced
Price T Rowe Associates Inc47,789$1.33M0.00%+1,488+3.2%Added
Oppenheimer Asset Management Inc.44,097$1.23M0.02%+4,868+12.4%Added
Advisor Group Holdings, Inc.43,994$1.22M0.00%+11,661+36.1%Added
Susquehanna International Group, LLP41,941$1.17M0.00%−36,047−46.2%Reduced
Old National Bancorp41,204$1.15M0.03%00.0%Unchanged
Teacher Retirement System of Texas39,555$1.10M0.01%+18,283+85.9%Added
Y-Intercept (Hong Kong) Ltd37,921$1.05M0.10%+37,921New
Thrivent Financial for Lutherans36,207$1.00M0.00%+21,750+150.4%Added
Commonwealth Equity Services, LLC35,728$994.0K0.00%+194+0.5%Added
Clarkston Capital Partners, LLC34,696$965.2K0.02%00.0%Unchanged
Russell Investments Group, Ltd.34,546$961.1K0.00%−14,376−29.4%Reduced
Renaissance Technologies LLC34,520$960.0K0.00%+34,520New
HRT Financial LP34,170$950.0K0.01%+23,650+224.8%Added
Rafferty Asset Management, LLC34,045$947.1K0.01%−10,879−24.2%Reduced
Paradigm Capital Management Inc32,000$890.2K0.05%00.0%Unchanged
Citigroup Inc31,532$877.2K0.00%−23,811−43.0%Reduced
Stifel Financial Corp31,260$869.7K0.00%−8,265−20.9%Reduced
MetLife Investment Management31,105$865.3K0.01%00.0%Unchanged
American International Group, Inc.29,527$821.4K0.01%+1,049+3.7%Added
Franklin Resources Inc29,000$806.8K0.00%−802−2.7%Reduced
Inspire Advisors, LLC28,339$788.4K0.14%+5,168+22.3%Added
Deutsche Bank AG27,765$772.4K0.00%+3,723+15.5%Added
Janus Henderson Group PLC27,635$768.1K0.00%+30.0%Added