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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
SEI Investments Co203,450$7.10M0.01%−86,385−29.8%Reduced
Eagle Asset Management Inc222,895$7.61M0.04%−19,721−8.1%Reduced
ProShare Advisors LLC237,334$8.28M0.02%−3,234−1.3%Reduced
Phocas Financial Corp.259,874$9.07M1.32%−6,837−2.6%Reduced
First Trust Advisors LP281,630$9.83M0.01%−47,318−14.4%Reduced
Morgan Stanley295,945$10.3M0.00%−74,198−20.0%Reduced
Schroder Investment Management Group323,542$11.3M0.01%−7,773−2.3%Reduced
Guggenheim Capital LLC358,460$12.5M0.09%−3,701−1.0%Reduced
Norges Bank367,255$12.8M0.00%−21,085−5.4%Reduced
Bridgeway Capital Management, LLC375,462$13.1M0.27%+95,463+34.1%Added
Bank of New York Mellon Corp466,323$16.3M0.00%−294,598−38.7%Reduced
Fisher Asset Management, LLC475,210$16.6M0.01%−2,844−0.6%Reduced
Manufacturers Life Insurance Company, The519,128$18.1M0.02%−213,964−29.2%Reduced
Systematic Financial Management LP593,937$20.7M0.58%−7,739−1.3%Reduced
Northern Trust Corp672,610$23.5M0.00%−35,748−5.0%Reduced
PL Capital Advisors, LLC686,333$24.0M9.12%−18,000−2.6%Reduced
Public Employees Retirement Association of Colorado696,924$24.3M0.11%−3,787−0.5%Reduced
Charles Schwab Investment Management Inc701,337$24.5M0.01%+31,635+4.7%Added
Nuveen Asset Management, LLC731,569$25.5M0.01%−13,126−1.8%Reduced
JPMorgan Chase & Co767,270$26.8M0.00%+27,511+3.7%Added
Goldman Sachs Group Inc780,449$27.2M0.01%−72,626−8.5%Reduced
Boston Partners828,212$28.8M0.03%−32,394−3.8%Reduced
William Blair Investment Management, LLC826,919$28.9M0.07%+535+0.1%Added
Principal Financial Group Inc910,492$31.8M0.02%−14,975−1.6%Reduced
Victory Capital Management Inc1,059,178$37.0M0.04%+80,709+8.2%Added
Cardinal Capital Management LLC1,344,589$46.9M2.35%−219,523−14.0%Reduced
Geode Capital Management, LLC1,358,452$47.4M0.00%+31,949+2.4%Added
American Century Companies Inc1,465,857$51.2M0.03%+227,302+18.4%Added
State Street Corp1,860,141$64.9M0.00%+102,083+5.8%Added
Earnest Partners LLC2,618,329$91.4M0.42%−56,474−2.1%Reduced
Dimensional Fund Advisors LP3,294,730$115.0M0.03%+220,323+7.2%Added
BlackRock Inc.4,924,292$171.9M0.00%−252,346−4.9%Reduced
Vanguard Group Inc6,530,311$227.9M0.00%−41,228−0.6%Reduced
rhino investment partners, Inc0$00.00%−231,169−100.0%Sold out
Kennedy Capital Management, Inc.0$00.00%−114,927−100.0%Sold out
Brown Advisory Inc0$00.00%−23,644−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−20,257−100.0%Sold out
Old Mission Capital LLC0$00.00%−19,945−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−13,265−100.0%Sold out
Alps Advisors Inc0$00.00%−11,073−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−10,437−100.0%Sold out
Royce & Associates LP0$00.00%−5,613−100.0%Sold out
Ullmann Financial Group, Inc.0$00.00%−5,602−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−5,573−100.0%Sold out
Inceptionr LLC0$00.00%−5,516−100.0%Sold out
Evergreen Capital Management LLC0$00.00%−5,488−100.0%Sold out
Harbour Trust & Investment Management Co0$00.00%−5,465−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−4,700−100.0%Sold out
Meeder Asset Management Inc0$00.00%−2,029−100.0%Sold out
Spectrum Wealth Counsel, LLC0$00.00%−1,579−100.0%Sold out
SYSTM Wealth Solutions LLC0$00.00%−1,424−100.0%Sold out
Elequin Capital LP0$00.00%−872−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−792−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−501−100.0%Sold out
Bruce G. Allen Investments, LLC0$00.00%−96−100.0%Sold out
Bartlett & Co. Wealth Management LLC0$00.00%−8−100.0%Sold out
Strategic Investment Solutions, Inc.––––Not filed
Bartlett & Co. LLC––––Not filed