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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 2024

Institutional positions in First Merchants Corp as of Dec 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
254
+15 vs. Q3 2024
Shares held
43.7M
+1.03M (+2.4%) vs. Q3 2024
Total value
$1.74B
+$156.1M (+9.8%) vs. Q3 2024
New holders
41
86 more added
Sold out
26
81 more reduced

4 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 254 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 2024: $1.74B
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 2024

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q3 2024.

Institutions holding FRME in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,336,937$252.8M0.00%+138,689+2.2%Added
BlackRock, Inc.4,859,911$193.9M0.00%−69,098−1.4%Reduced
Dimensional Fund Advisors LP3,516,562$140.3M0.03%−32,022−0.9%Reduced
Earnest Partners LLC2,608,646$104.1M0.47%−6,161−0.2%Reduced
State Street Corp2,189,228$87.3M0.00%+232,669+11.9%Added
Geode Capital Management, LLC1,392,259$55.6M0.00%−8,562−0.6%Reduced
American Century Companies Inc1,389,058$55.4M0.03%−72,320−4.9%Reduced
Goldman Sachs Group Inc998,963$39.8M0.01%+63,023+6.7%Added
Victory Capital Management Inc958,612$38.2M0.04%−44,594−4.4%Reduced
Bank of New York Mellon Corp930,896$37.1M0.01%+332,168+55.5%Added
William Blair Investment Management, LLC820,649$32.7M0.08%+19,932+2.5%Added
Principal Financial Group Inc806,638$32.2M0.02%−79,450−9.0%Reduced
Systematic Financial Management LP749,055$29.9M0.76%+66,380+9.7%Added
JPMorgan Chase & Co745,439$29.7M0.00%+49,384+7.1%Added
Charles Schwab Investment Management Inc731,413$29.2M0.01%+9,265+1.3%Added
First Trust Advisors LP689,556$27.5M0.02%+108,929+18.8%Added
PL Capital Advisors, LLC686,333$27.4M9.34%00.0%Unchanged
Nuveen Asset Management, LLC626,508$25.0M0.01%+43,066+7.4%Added
Northern Trust Corp601,807$24.0M0.00%−39,321−6.1%Reduced
Capital International Investors595,112$23.7M0.00%+595,112New
Terry L. Blaker549,693$21.9M0.84%−12,966−2.3%Reduced
Public Employees Retirement Association of Colorado546,322$21.8M0.09%−147,600−21.3%Reduced
Fisher Asset Management, LLC519,257$20.7M0.01%+71,472+16.0%Added
Mesirow Institutional Investment Management, Inc.477,013$19.0M1.46%+197,780+70.8%Added
Raymond James Financial Inc476,657$19.0M0.01%+476,657New
Manufacturers Life Insurance Company, The468,161$18.7M0.02%−6,277−1.3%Reduced
Bridgeway Capital Management, LLC395,964$15.8M0.35%−4,304−1.1%Reduced
Schroder Investment Management Group285,563$11.4M0.01%−69,016−19.5%Reduced
Morgan Stanley286,345$11.4M0.00%−34,096−10.6%Reduced
Phocas Financial Corp.281,626$11.2M1.50%+41,396+17.2%Added
SEI Investments Co252,731$10.1M0.01%−9,123−3.5%Reduced
Ceredex Value Advisors LLC228,300$9.11M0.18%+228,300New
Empowered Funds, LLC222,066$8.86M0.13%+10,934+5.2%Added
Qube Research & Technologies Ltd221,966$8.85M0.01%−9,238−4.0%Reduced
Wells Fargo & Company199,296$7.95M0.00%+6,390+3.3%Added
ProShare Advisors LLC195,004$7.78M0.02%−7,210−3.6%Reduced
STRS Ohio182,752$7.29M0.03%−400−0.2%Reduced
Norges Bank181,764$7.25M0.00%−66,541−26.8%Reduced
Envestnet Asset Management Inc177,640$7.09M0.00%+5,115+3.0%Added
Denali Advisors LLC168,500$6.72M0.70%−14,800−8.1%Reduced
Peregrine Capital Management LLC152,449$6.08M0.18%+21,331+16.3%Added
Invesco Ltd.146,993$5.86M0.00%−3,203−2.1%Reduced
Oberweis Asset Management Inc145,600$5.81M0.27%+18,400+14.5%Added
Nordea Investment Management AB134,136$5.37M0.01%+54,265+67.9%Added
Great Lakes Advisors, LLC133,604$5.33M0.05%−5,072−3.7%Reduced
FMR LLC127,599$5.09M0.00%+49,405+63.2%Added
UBS Asset Management Americas Inc124,573$4.97M0.00%+21,750+21.2%Added
OneAscent Financial Services LLC123,286$4.92M0.42%+249+0.2%Added
Barclays PLC121,969$4.87M0.00%+9,679+8.6%Added
Bank of America Corp120,622$4.81M0.00%+19,063+18.8%Added
Swiss National Bank115,062$4.59M0.00%+600+0.5%Added
Citigroup Inc114,823$4.58M0.00%+41,899+57.5%Added
New York State Common Retirement Fund104,763$4.18M0.01%+1,822+1.8%Added
Rhumbline Advisers102,131$4.07M0.00%−649−0.6%Reduced
AQR Capital Management LLC99,275$3.96M0.01%−43,498−30.5%Reduced
Petiole USA ltd94,047$3.75M2.36%00.0%Unchanged
Hotchkis & Wiley Capital Management LLC83,218$3.32M0.01%+900+1.1%Added
Advisory Research Inc79,515$3.17M0.53%−135−0.2%Reduced
Susquehanna International Group, LLP79,253$3.16M0.00%−5,175−6.1%Reduced
UBS Group AG78,617$3.14M0.00%+23,906+43.7%Added
CI Private Wealth, LLC78,598$3.14M0.01%+67,734+623.5%Added
John W. Rosenthal Capital Management, Inc.77,303$3.08M2.86%00.0%Unchanged
First Financial Bank - Trust Division75,779$3.02M0.28%00.0%Unchanged
Alliancebernstein L.P.68,157$2.72M0.00%+3,600+5.6%Added
Ameriprise Financial Inc64,540$2.57M0.00%−6,141−8.7%Reduced
Legal & General Group Plc63,130$2.52M0.00%+5,444+9.4%Added
Cambridge Investment Research Advisors, Inc.61,776$2.46M0.01%+675+1.1%Added
Mariner, LLC58,720$2.34M0.00%−293−0.5%Reduced
Price T Rowe Associates Inc58,032$2.31M0.00%+3,735+6.9%Added
California State Teachers Retirement System54,674$2.18M0.00%−734−1.3%Reduced
Thrivent Financial for Lutherans48,477$2.00M0.00%+7,639+18.7%Added
Deutsche Bank AG48,296$1.93M0.00%+16,531+52.0%Added
Rafferty Asset Management, LLC47,807$1.91M0.01%−3,101−6.1%Reduced
Teacher Retirement System of Texas46,589$1.86M0.01%+6,565+16.4%Added
Stifel Financial Corp45,323$1.81M0.00%+2,048+4.7%Added
Old National Bancorp44,139$1.76M0.04%+1,555+3.7%Added
Brandywine Global Investment Management, LLC43,270$1.73M0.01%−2,109−4.6%Reduced
Sanctuary Advisors, LLC39,327$1.68M0.01%−2,199−5.3%Reduced
Citadel Advisors LLC41,781$1.67M0.00%+12,600+43.2%Added
Trexquant Investment LP41,614$1.66M0.02%+41,614New
Oppenheimer Asset Management Inc.40,901$1.63M0.02%−355−0.9%Reduced
Edgestream Partners, L.P.40,126$1.60M0.07%+40,126New
Dark Forest Capital Management LP36,436$1.45M0.21%+36,436New
Creative Planning36,039$1.44M0.00%+20,142+126.7%Added
Aurora Investment Counsel35,873$1.43M0.78%+120.0%Added
MetLife Investment Management35,501$1.42M0.01%+2,464+7.5%Added
Clarkston Capital Partners, LLC34,696$1.38M0.03%00.0%Unchanged
Prudential Financial Inc31,757$1.38M0.00%−14,414−31.2%Reduced
Mirae Asset Global ETFs Holdings Ltd.33,186$1.32M0.00%+1,265+4.0%Added
Commonwealth Equity Services, LLC32,440$1.29M0.00%−935−2.8%Reduced
Paradigm Capital Management Inc32,000$1.28M0.06%00.0%Unchanged
Russell Investments Group, Ltd.31,519$1.26M0.00%−6,659−17.4%Reduced
Renaissance Technologies LLC30,720$1.23M0.00%+30,720New
Ensign Peak Advisors, Inc30,520$1.22M0.00%00.0%Unchanged
Intech Investment Management LLC30,338$1.21M0.01%+19,706+185.3%Added
Millennium Management LLC29,146$1.16M0.00%−288,895−90.8%Reduced
Corebridge Financial, Inc.28,995$1.16M0.01%−2,189−7.0%Reduced
Guggenheim Capital LLC28,735$1.15M0.01%−196,606−87.2%Reduced
Janus Henderson Group PLC27,284$1.09M0.00%00.0%Unchanged
Waterfront Wealth Inc.26,908$1.07M0.26%+234+0.9%Added