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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 2023

Institutional positions in First Merchants Corp as of Dec 31, 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
229
+19 vs. Q3 2023
Shares held
43.9M
+951.9K (+2.2%) vs. Q3 2023
Total value
$1.63B
+$432.6M (+36.2%) vs. Q3 2023
New holders
41
74 more added
Sold out
22
79 more reduced

3 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 229 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 2023: $1.63B
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 2023

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q3 2023.

Institutions holding FRME in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,571,539$243.7M0.01%+32,126+0.5%Added
BlackRock Inc.5,176,638$191.9M0.00%+413,194+8.7%Added
Dimensional Fund Advisors LP3,074,407$114.0M0.03%+211,113+7.4%Added
Earnest Partners LLC2,674,803$99.2M0.50%−116,889−4.2%Reduced
State Street Corp1,758,058$65.2M0.00%+47,249+2.8%Added
Cardinal Capital Management LLC1,564,112$58.0M2.66%−28,175−1.8%Reduced
Geode Capital Management, LLC1,326,503$49.2M0.01%+56,423+4.4%Added
American Century Companies Inc1,238,555$45.9M0.03%+245,807+24.8%Added
Victory Capital Management Inc978,469$36.3M0.04%+89,816+10.1%Added
Principal Financial Group Inc925,467$34.3M0.02%−615−0.1%Reduced
Boston Partners860,606$31.8M0.04%−11,350−1.3%Reduced
Goldman Sachs Group Inc853,075$31.6M0.01%+11,842+1.4%Added
William Blair Investment Management, LLC826,384$30.6M0.09%−16,991−2.0%Reduced
Bank of New York Mellon Corp760,921$28.2M0.01%+87,184+12.9%Added
Nuveen Asset Management, LLC744,695$27.6M0.01%+5,294+0.7%Added
JPMorgan Chase & Co739,759$27.4M0.00%+60,450+8.9%Added
Manufacturers Life Insurance Company, The733,092$27.2M0.02%−70,687−8.8%Reduced
Northern Trust Corp708,358$26.3M0.00%+16,950+2.5%Added
PL Capital Advisors, LLC704,333$26.1M9.03%−47,000−6.3%Reduced
Public Employees Retirement Association of Colorado700,711$26.0M0.12%−2,354−0.3%Reduced
Charles Schwab Investment Management Inc669,702$24.8M0.01%+30,029+4.7%Added
Systematic Financial Management LP601,676$22.3M0.66%+8,920+1.5%Added
Fisher Asset Management, LLC478,054$17.7M0.01%−9,444−1.9%Reduced
Norges Bank388,340$14.4M0.00%−68,379−15.0%Reduced
Morgan Stanley370,143$13.7M0.00%+23,312+6.7%Added
Guggenheim Capital LLC362,161$13.4M0.10%−2,407−0.7%Reduced
Schroder Investment Management Group331,315$12.3M0.02%−3,977−1.2%Reduced
First Trust Advisors LP328,948$12.2M0.01%+23,251+7.6%Added
SEI Investments Co289,835$10.7M0.02%+64,211+28.5%Added
Bridgeway Capital Management, LLC279,999$10.4M0.22%+19,580+7.5%Added
Phocas Financial Corp.266,711$9.89M1.31%+4,845+1.9%Added
Eagle Asset Management Inc242,616$9.00M0.05%+4,827+2.0%Added
ProShare Advisors LLC240,568$8.92M0.03%−33,437−12.2%Reduced
rhino investment partners, Inc231,169$8.57M1.60%+231,169New
Wells Fargo & Company193,973$7.19M0.00%−16,904−8.0%Reduced
Hotchkis & Wiley Capital Management LLC184,048$6.82M0.02%−3,893−2.1%Reduced
Envestnet Asset Management Inc182,504$6.77M0.00%−1,934−1.0%Reduced
Macquarie Group Ltd172,499$6.40M0.01%+29,100+20.3%Added
AQR Capital Management LLC167,936$6.23M0.01%−33,880−16.8%Reduced
STRS Ohio162,652$6.03M0.03%−9,800−5.7%Reduced
Great Lakes Advisors, LLC139,605$5.18M0.05%+79,945+134.0%Added
Empowered Funds, LLC131,399$4.87M0.12%+19,580+17.5%Added
OneAscent Financial Services LLC128,639$4.77M0.59%+15,231+13.4%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.127,607$4.73M0.01%+14,347+12.7%Added
Bank of America Corp126,449$4.69M0.00%+16,305+14.8%Added
Swiss National Bank117,662$4.36M0.00%−13,500−10.3%Reduced
Barclays PLC116,203$4.31M0.00%+46,854+67.6%Added
Kennedy Capital Management, Inc.114,927$4.26M0.09%−50,182−30.4%Reduced
Terry L. Blaker112,439$4.17M0.34%+1,534+1.4%Added
Rhumbline Advisers112,183$4.16M0.00%−1,666−1.5%Reduced
Invesco Ltd.110,053$4.08M0.00%+9,697+9.7%Added
Ameriprise Financial Inc108,220$4.01M0.00%+144+0.1%Added
Denali Advisors LLC106,800$3.96M1.21%+51,400+92.8%Added
Nordea Investment Management AB99,717$3.73M0.00%−3,222−3.1%Reduced
New York State Common Retirement Fund97,357$3.61M0.00%+21,632+28.6%Added
EJF Capital LLC95,735$3.55M1.86%−10,929−10.2%Reduced
UBS Group AG94,488$3.50M0.00%+41,163+77.2%Added
Petiole USA ltd94,047$3.49M2.58%00.0%Unchanged
CI Private Wealth, LLC83,307$3.09M0.01%+56,406+209.7%Added
Oberweis Asset Management Inc79,200$2.94M0.27%+6,300+8.6%Added
John W. Rosenthal Capital Management, Inc.78,361$2.91M3.32%−4,889−5.9%Reduced
First Financial Bank - Trust Division75,779$2.81M0.29%00.0%Unchanged
Alliancebernstein L.P.69,997$2.60M0.00%+1,000+1.4%Added
UBS Asset Management Americas Inc66,049$2.45M0.00%00.0%Unchanged
California State Teachers Retirement System62,926$2.33M0.00%−2,882−4.4%Reduced
Mariner, LLC61,798$2.29M0.01%−335−0.5%Reduced
Deutsche Bank AG61,163$2.27M0.00%+33,398+120.3%Added
Legal & General Group Plc57,109$2.12M0.00%+623+1.1%Added
Citigroup Inc55,849$2.07M0.00%+24,317+77.1%Added
Credit Suisse AG54,622$2.03M0.00%−3,100−5.4%Reduced
Cambridge Investment Research Advisors, Inc.53,492$1.98M0.01%−8,702−14.0%Reduced
Elizabeth Park Capital Advisors, Ltd.52,989$1.96M1.36%+52,989New
Price T Rowe Associates Inc49,048$1.82M0.00%+1,259+2.6%Added
Susquehanna International Group, LLP48,900$1.81M0.00%+6,959+16.6%Added
Two Sigma Advisers, LP47,781$1.77M0.00%−25,200−34.5%Reduced
Advisory Research Inc46,175$1.71M0.26%−9,465−17.0%Reduced
Old National Bancorp42,584$1.58M0.04%+1,380+3.3%Added
Russell Investments Group, Ltd.42,283$1.57M0.00%+7,737+22.4%Added
Rafferty Asset Management, LLC42,146$1.56M0.01%+8,101+23.8%Added
Prudential Financial Inc41,511$1.54M0.00%−8,123−16.4%Reduced
Oppenheimer Asset Management Inc.39,479$1.46M0.02%−4,618−10.5%Reduced
Teacher Retirement System of Texas38,320$1.42M0.01%−1,235−3.1%Reduced
Jane Street Group, LLC37,434$1.39M0.00%+30,184+416.3%Added
Clarkston Capital Partners, LLC34,696$1.29M0.02%00.0%Unchanged
Commonwealth Equity Services, LLC33,917$1.26M0.00%−1,811−5.1%Reduced
Advisor Group Holdings, Inc.32,174$1.19M0.00%−11,820−26.9%Reduced
Stifel Financial Corp32,102$1.19M0.00%+842+2.7%Added
Ensign Peak Advisors, Inc32,060$1.19M0.00%+7,350+29.7%Added
Paradigm Capital Management Inc32,000$1.19M0.06%00.0%Unchanged
MetLife Investment Management31,105$1.15M0.01%00.0%Unchanged
Royal Bank of Canada30,901$1.15M0.00%+8,314+36.8%Added
Inspire Advisors, LLC29,718$1.10M0.17%+1,379+4.9%Added
American International Group, Inc.29,409$1.09M0.00%−118−0.4%Reduced
Mirae Asset Global Investments Co., Ltd.27,826$1.03M0.00%+2,881+11.5%Added
Janus Henderson Group PLC27,589$1.02M0.00%−46−0.2%Reduced
Captrust Financial Advisors26,903$997.6K0.00%+3,352+14.2%Added
Rehmann Capital Advisory Group26,176$970.6K0.08%−981−3.6%Reduced
Waterfront Wealth Inc.25,874$959.4K0.28%+232+0.9%Added
Voya Investment Management LLC24,317$901.7K0.00%+404+1.7%Added
Brown Advisory Inc23,644$876.7K0.00%+23,644New