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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, Q1 2024

Institutional positions in First Merchants Corp as of Mar 31, 2024. 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
233
+6 vs. Q4 2023
Shares held
43.0M
−886.3K (−2.0%) vs. Q4 2023
Total value
$1.50B
−$126.8M (−7.8%) vs. Q4 2023
New holders
29
63 more added
Sold out
23
87 more reduced

2 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2024: 233 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 heldQ1 2024: $1.50B
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, Q1 2024

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q4 2023.

Institutions holding FRME in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Advantage Alpha Capital Partners LP10,886$379.9K0.07%−3,724−25.5%Reduced
Creative Planning11,286$393.9K0.00%+1,343+13.5%Added
Cranbrook Wealth Management, LLC11,451$399.6K0.10%+10,750+1,533.5%Added
Brevan Howard Capital Management LP11,555$403.3K0.04%+11,555New
Integrated Investment Consultants, LLC12,224$426.6K0.12%−666−5.2%Reduced
Rehmann Capital Advisory Group12,394$432.6K0.03%−13,782−52.7%Reduced
Connable Office Inc12,657$441.7K0.05%+208+1.7%Added
Handelsbanken Fonder AB13,516$472.0K0.00%00.0%Unchanged
Venture Visionary Partners LLC13,532$472.3K0.02%+60.0%Added
Balyasny Asset Management LLC13,773$480.7K0.00%+13,773New
EJF Capital LLC14,170$494.5K0.34%−81,565−85.2%Reduced
Intrepid Financial Planning Group LLC14,800$516.5K0.22%00.0%Unchanged
Royal Bank of Canada15,023$524.0K0.00%−15,878−51.4%Reduced
Franklin Resources Inc15,171$529.5K0.00%−4,233−21.8%Reduced
US Bancorp15,724$548.8K0.00%−681−4.2%Reduced
Arizona State Retirement System16,447$574.0K0.00%−249−1.5%Reduced
Pathstone Holdings, LLC16,990$593.0K0.00%+143+0.8%Added
Harbor Capital Advisors, Inc.17,031$594.0K0.08%+17,031New
Dark Forest Capital Management LP17,154$598.7K0.10%+6,112+55.4%Added
Advisor Group Holdings, Inc.18,759$654.8K0.00%−13,415−41.7%Reduced
HRT Financial LP19,023$663.0K0.00%+7,573+66.1%Added
Raymond James Financial Services Advisors, Inc.19,235$671.3K0.00%−2,329−10.8%Reduced
Susquehanna Portfolio Strategies, LLC19,515$681.1K0.02%−3,691−15.9%Reduced
Voya Investment Management LLC19,798$691.0K0.00%−4,519−18.6%Reduced
Captrust Financial Advisors20,442$713.4K0.00%−6,461−24.0%Reduced
Wesbanco Bank Inc21,140$737.8K0.03%00.0%Unchanged
Bailard, Inc.21,800$760.8K0.02%00.0%Unchanged
Chicago Partners Investment Group LLC22,642$786.1K0.03%+175+0.8%Added
BCGM Wealth Management, LLC22,643$790.3K0.28%+60.0%Added
Arrowstreet Capital, Limited Partnership22,679$791.0K0.00%+2,617+13.0%Added
IFG Advisory, LLC23,037$804.0K0.06%−531−2.3%Reduced
Mirae Asset Global Investments Co., Ltd.24,945$841.6K0.00%−2,881−10.4%Reduced
The PNC Financial Services Group, Inc.24,175$843.7K0.00%+1,526+6.7%Added
Wedge Capital Management L L P25,488$889.5K0.01%+6,671+35.5%Added
Brandywine Global Investment Management, LLC25,493$889.7K0.01%+25,493New
Two Sigma Advisers, LP25,581$892.8K0.00%−22,200−46.5%Reduced
Waterfront Wealth Inc.26,145$902.0K0.25%+271+1.0%Added
Janus Henderson Group PLC27,589$962.0K0.00%00.0%Unchanged
American International Group, Inc.29,158$1.02M0.00%−251−0.9%Reduced
BNP Paribas Arbitrage, SA29,313$1.02M0.00%+12,721+76.7%Added
State Board of Administration of Florida Retirement System31,082$1.02M0.00%+14,200+84.1%Added
Teacher Retirement System of Texas30,063$1.05M0.01%−8,257−21.5%Reduced
Ensign Peak Advisors, Inc30,520$1.07M0.00%−1,540−4.8%Reduced
MetLife Investment Management31,105$1.09M0.01%00.0%Unchanged
Paradigm Capital Management Inc32,000$1.12M0.05%00.0%Unchanged
Inspire Advisors, LLC32,107$1.12M0.16%+2,389+8.0%Added
Commonwealth Equity Services, LLC34,072$1.19M0.00%+155+0.5%Added
Clarkston Capital Partners, LLC34,696$1.21M0.02%00.0%Unchanged
Aurora Investment Counsel36,507$1.27M0.73%+36,507New
Renaissance Technologies LLC36,920$1.29M0.00%+36,920New
Russell Investments Group, Ltd.37,139$1.30M0.00%−5,144−12.2%Reduced
Susquehanna International Group, LLP37,692$1.32M0.00%−11,208−22.9%Reduced
Oppenheimer Asset Management Inc.37,954$1.32M0.02%−1,525−3.9%Reduced
Thrivent Financial for Lutherans38,681$1.35M0.00%+33,148+599.1%Added
Old National Bancorp42,584$1.49M0.04%00.0%Unchanged
Prudential Financial Inc43,004$1.50M0.00%+1,493+3.6%Added
Cubist Systematic Strategies, LLC48,096$1.68M0.02%+48,096New
Stifel Financial Corp48,327$1.69M0.00%+16,225+50.5%Added
Elizabeth Park Capital Advisors, Ltd.49,989$1.74M1.45%−3,000−5.7%Reduced
Price T Rowe Associates Inc51,137$1.78M0.00%+2,089+4.3%Added
Advisory Research Inc51,595$1.80M0.36%+5,420+11.7%Added
Citigroup Inc55,795$1.95M0.00%−54−0.1%Reduced
Rafferty Asset Management, LLC56,165$1.96M0.01%+14,019+33.3%Added
Legal & General Group Plc56,975$1.99M0.00%−134−0.2%Reduced
Credit Suisse AG59,256$2.07M0.00%+4,634+8.5%Added
California State Teachers Retirement System59,784$2.09M0.00%−3,142−5.0%Reduced
Mariner, LLC59,846$2.09M0.00%−1,952−3.2%Reduced
Cambridge Investment Research Advisors, Inc.61,413$2.14M0.01%+7,921+14.8%Added
Deutsche Bank AG61,479$2.15M0.00%+316+0.5%Added
Alliancebernstein L.P.61,607$2.15M0.00%−8,390−12.0%Reduced
UBS Asset Management Americas Inc66,049$2.31M0.00%00.0%Unchanged
Millennium Management LLC67,392$2.35M0.00%+58,196+632.8%Added
First Financial Bank - Trust Division75,779$2.64M0.25%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.78,361$2.73M3.68%00.0%Unchanged
Jane Street Group, LLC80,137$2.80M0.00%+42,703+114.1%Added
Hotchkis & Wiley Capital Management LLC80,618$2.81M0.01%−103,430−56.2%Reduced
CI Private Wealth, LLC83,587$2.92M0.01%+280+0.3%Added
UBS Group AG84,936$2.96M0.00%−9,552−10.1%Reduced
Barclays PLC88,099$3.07M0.00%−28,104−24.2%Reduced
Qube Research & Technologies Ltd88,211$3.08M0.01%+76,974+685.0%Added
Ameriprise Financial Inc92,162$3.22M0.00%−16,058−14.8%Reduced
Petiole USA ltd94,047$3.28M2.57%00.0%Unchanged
Nordea Investment Management AB98,994$3.48M0.00%−723−0.7%Reduced
Terry L. Blaker104,401$3.64M0.27%−8,038−7.1%Reduced
Bank of America Corp104,497$3.65M0.00%−21,952−17.4%Reduced
New York State Common Retirement Fund109,135$3.81M0.01%+11,778+12.1%Added
Rhumbline Advisers110,651$3.86M0.00%−1,532−1.4%Reduced
Swiss National Bank117,662$4.11M0.00%00.0%Unchanged
Oberweis Asset Management Inc123,400$4.31M0.31%+44,200+55.8%Added
OneAscent Financial Services LLC128,602$4.49M0.50%−370.0%Reduced
AQR Capital Management LLC137,022$4.78M0.01%−30,914−18.4%Reduced
Invesco Ltd.137,343$4.79M0.00%+27,290+24.8%Added
Great Lakes Advisors, LLC137,935$4.81M0.04%−1,670−1.2%Reduced
Denali Advisors LLC146,377$5.11M1.50%+39,577+37.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.154,379$5.39M0.01%+26,772+21.0%Added
Macquarie Group Ltd167,290$5.84M0.01%−5,209−3.0%Reduced
STRS Ohio168,252$5.87M0.02%+5,600+3.4%Added
Envestnet Asset Management Inc174,480$6.09M0.00%−8,024−4.4%Reduced
Empowered Funds, LLC184,862$6.45M0.12%+53,463+40.7%Added
Wells Fargo & Company194,028$6.77M0.00%+550.0%Added