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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
Cetera Investment Advisers7,645$304.9K0.00%−932−10.9%Reduced
Kingsview Wealth Management, LLC7,770$309.9K0.01%00.0%Unchanged
Quantedge Capital Pte Ltd7,800$311.1K0.11%+7,800New
HighPoint Advisor Group LLC6,925$312.9K0.02%00.0%Unchanged
Verition Fund Management LLC8,277$330.2K0.00%+8,277New
HSBC Holdings PLC8,445$337.1K0.00%+1,065+14.4%Added
Sapient Capital LLC8,534$340.4K0.01%+79+0.9%Added
Monarch Capital Management Inc8,918$355.7K0.10%−800−8.2%Reduced
Graham Capital Management, L.P.9,686$386.4K0.01%+9,686New
Minerva Advisors LLC9,875$393.5K0.23%00.0%Unchanged
Franklin Resources Inc9,871$393.8K0.00%−409−4.0%Reduced
CWM Advisors, LLC10,055$401.1K0.04%−1,022−9.2%Reduced
Hennion & Walsh Asset Management, Inc.10,098$402.8K0.02%−140−1.4%Reduced
Jane Street Group, LLC10,355$413.1K0.00%−73,341−87.6%Reduced
Two Sigma Advisers, LP10,374$413.8K0.00%−11,600−52.8%Reduced
Rehmann Capital Advisory Group11,434$456.1K0.03%−274−2.3%Reduced
Cranbrook Wealth Management, LLC11,451$456.8K0.11%00.0%Unchanged
EJF Capital LLC11,637$464.2K0.32%−7−0.1%Reduced
Integrated Investment Consultants, LLC11,772$469.6K0.10%+62+0.5%Added
Connable Office Inc12,031$479.9K0.05%00.0%Unchanged
Two Sigma Investments, LP12,153$484.8K0.00%−26,318−68.4%Reduced
Police & Firemen's Retirement System of New Jersey12,444$496.4K0.00%+12,444New
KLP Kapitalforvaltning AS12,500$498.6K0.00%+12,500New
Handelsbanken Fonder AB12,516$499.0K0.00%00.0%Unchanged
LPL Financial LLC13,262$529.0K0.00%+468+3.7%Added
Kennondale Capital Management LLC13,495$538.3K0.58%+13,495New
Tudor Investment Corp Et Al13,509$538.9K0.01%+13,509New
Venture Visionary Partners LLC13,550$540.5K0.02%+50.0%Added
Natixis Advisors, L.P.14,277$570.0K0.00%+4,236+42.2%Added
Intrepid Financial Planning Group LLC14,682$585.7K0.25%−118−0.8%Reduced
Advantage Alpha Capital Partners LP14,936$595.8K0.14%+1,669+12.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)15,040$599.9K0.00%+1,864+14.1%Added
Sentinel Pension Advisors Inc15,228$607.4K0.11%+15,228New
Harbor Capital Advisors, Inc.15,388$614.0K0.03%−2,933−16.0%Reduced
Royal Bank of Canada16,424$655.0K0.00%−1,099−6.3%Reduced
Squarepoint Ops LLC16,774$669.1K0.00%+16,774New
Arizona State Retirement System16,965$676.7K0.00%+95+0.6%Added
US Bancorp17,308$690.4K0.00%+236+1.4%Added
Voya Investment Management LLC17,594$701.8K0.00%−1,794−9.3%Reduced
Pathstone Holdings, LLC17,654$704.2K0.00%−235−1.3%Reduced
Cubist Systematic Strategies, LLC17,812$710.5K0.01%−25,701−59.1%Reduced
Advisor Group Holdings, Inc.19,277$769.0K0.00%−367−1.9%Reduced
Jones Financial Companies LLLP19,970$796.6K0.00%+5,683+39.8%Added
Summit Global Investments20,332$811.0K0.05%+20,332New
Captrust Financial Advisors21,083$841.0K0.00%+861+4.3%Added
Wesbanco Bank Inc21,140$843.3K0.03%00.0%Unchanged
IFG Advisory, LLC21,344$851.4K0.05%−1,207−5.4%Reduced
Chicago Partners Investment Group LLC23,299$902.1K0.03%+197+0.9%Added
BCGM Wealth Management, LLC22,662$904.0K0.29%+60.0%Added
Quest Partners LLC22,705$905.7K0.12%−12,650−35.8%Reduced
Wedge Capital Management L L P23,539$939.0K0.02%−212−0.9%Reduced
The PNC Financial Services Group, Inc.23,565$940.0K0.00%−1,302−5.2%Reduced
Voloridge Investment Management, LLC23,771$948.2K0.00%+1,453+6.5%Added
State Board of Administration of Florida Retirement System26,310$1.05M0.00%00.0%Unchanged
Waterfront Wealth Inc.26,908$1.07M0.26%+234+0.9%Added
Janus Henderson Group PLC27,284$1.09M0.00%00.0%Unchanged
Guggenheim Capital LLC28,735$1.15M0.01%−196,606−87.2%Reduced
Corebridge Financial, Inc.28,995$1.16M0.01%−2,189−7.0%Reduced
Millennium Management LLC29,146$1.16M0.00%−288,895−90.8%Reduced
Intech Investment Management LLC30,338$1.21M0.01%+19,706+185.3%Added
Ensign Peak Advisors, Inc30,520$1.22M0.00%00.0%Unchanged
Renaissance Technologies LLC30,720$1.23M0.00%+30,720New
Russell Investments Group, Ltd.31,519$1.26M0.00%−6,659−17.4%Reduced
Paradigm Capital Management Inc32,000$1.28M0.06%00.0%Unchanged
Commonwealth Equity Services, LLC32,440$1.29M0.00%−935−2.8%Reduced
Mirae Asset Global ETFs Holdings Ltd.33,186$1.32M0.00%+1,265+4.0%Added
Prudential Financial Inc31,757$1.38M0.00%−14,414−31.2%Reduced
Clarkston Capital Partners, LLC34,696$1.38M0.03%00.0%Unchanged
MetLife Investment Management35,501$1.42M0.01%+2,464+7.5%Added
Aurora Investment Counsel35,873$1.43M0.78%+120.0%Added
Creative Planning36,039$1.44M0.00%+20,142+126.7%Added
Dark Forest Capital Management LP36,436$1.45M0.21%+36,436New
Edgestream Partners, L.P.40,126$1.60M0.07%+40,126New
Oppenheimer Asset Management Inc.40,901$1.63M0.02%−355−0.9%Reduced
Trexquant Investment LP41,614$1.66M0.02%+41,614New
Citadel Advisors LLC41,781$1.67M0.00%+12,600+43.2%Added
Sanctuary Advisors, LLC39,327$1.68M0.01%−2,199−5.3%Reduced
Brandywine Global Investment Management, LLC43,270$1.73M0.01%−2,109−4.6%Reduced
Old National Bancorp44,139$1.76M0.04%+1,555+3.7%Added
Stifel Financial Corp45,323$1.81M0.00%+2,048+4.7%Added
Teacher Retirement System of Texas46,589$1.86M0.01%+6,565+16.4%Added
Rafferty Asset Management, LLC47,807$1.91M0.01%−3,101−6.1%Reduced
Deutsche Bank AG48,296$1.93M0.00%+16,531+52.0%Added
Thrivent Financial for Lutherans48,477$2.00M0.00%+7,639+18.7%Added
California State Teachers Retirement System54,674$2.18M0.00%−734−1.3%Reduced
Price T Rowe Associates Inc58,032$2.31M0.00%+3,735+6.9%Added
Mariner, LLC58,720$2.34M0.00%−293−0.5%Reduced
Cambridge Investment Research Advisors, Inc.61,776$2.46M0.01%+675+1.1%Added
Legal & General Group Plc63,130$2.52M0.00%+5,444+9.4%Added
Ameriprise Financial Inc64,540$2.57M0.00%−6,141−8.7%Reduced
Alliancebernstein L.P.68,157$2.72M0.00%+3,600+5.6%Added
First Financial Bank - Trust Division75,779$3.02M0.28%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.77,303$3.08M2.86%00.0%Unchanged
CI Private Wealth, LLC78,598$3.14M0.01%+67,734+623.5%Added
UBS Group AG78,617$3.14M0.00%+23,906+43.7%Added
Susquehanna International Group, LLP79,253$3.16M0.00%−5,175−6.1%Reduced
Advisory Research Inc79,515$3.17M0.53%−135−0.2%Reduced
Hotchkis & Wiley Capital Management LLC83,218$3.32M0.01%+900+1.1%Added
Petiole USA ltd94,047$3.75M2.36%00.0%Unchanged
AQR Capital Management LLC99,275$3.96M0.01%−43,498−30.5%Reduced