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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
State Board of Administration of Florida Retirement System26,310$1.05M0.00%00.0%Unchanged
Voloridge Investment Management, LLC23,771$948.2K0.00%+1,453+6.5%Added
The PNC Financial Services Group, Inc.23,565$940.0K0.00%−1,302−5.2%Reduced
Wedge Capital Management L L P23,539$939.0K0.02%−212−0.9%Reduced
Quest Partners LLC22,705$905.7K0.12%−12,650−35.8%Reduced
BCGM Wealth Management, LLC22,662$904.0K0.29%+60.0%Added
Chicago Partners Investment Group LLC23,299$902.1K0.03%+197+0.9%Added
IFG Advisory, LLC21,344$851.4K0.05%−1,207−5.4%Reduced
Wesbanco Bank Inc21,140$843.3K0.03%00.0%Unchanged
Captrust Financial Advisors21,083$841.0K0.00%+861+4.3%Added
Summit Global Investments20,332$811.0K0.05%+20,332New
Jones Financial Companies LLLP19,970$796.6K0.00%+5,683+39.8%Added
Advisor Group Holdings, Inc.19,277$769.0K0.00%−367−1.9%Reduced
Cubist Systematic Strategies, LLC17,812$710.5K0.01%−25,701−59.1%Reduced
Pathstone Holdings, LLC17,654$704.2K0.00%−235−1.3%Reduced
Voya Investment Management LLC17,594$701.8K0.00%−1,794−9.3%Reduced
US Bancorp17,308$690.4K0.00%+236+1.4%Added
Arizona State Retirement System16,965$676.7K0.00%+95+0.6%Added
Squarepoint Ops LLC16,774$669.1K0.00%+16,774New
Royal Bank of Canada16,424$655.0K0.00%−1,099−6.3%Reduced
Harbor Capital Advisors, Inc.15,388$614.0K0.03%−2,933−16.0%Reduced
Sentinel Pension Advisors Inc15,228$607.4K0.11%+15,228New
Zurcher Kantonalbank (Zurich Cantonalbank)15,040$599.9K0.00%+1,864+14.1%Added
Advantage Alpha Capital Partners LP14,936$595.8K0.14%+1,669+12.6%Added
Intrepid Financial Planning Group LLC14,682$585.7K0.25%−118−0.8%Reduced
Natixis Advisors, L.P.14,277$570.0K0.00%+4,236+42.2%Added
Venture Visionary Partners LLC13,550$540.5K0.02%+50.0%Added
Tudor Investment Corp Et Al13,509$538.9K0.01%+13,509New
Kennondale Capital Management LLC13,495$538.3K0.58%+13,495New
LPL Financial LLC13,262$529.0K0.00%+468+3.7%Added
Handelsbanken Fonder AB12,516$499.0K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS12,500$498.6K0.00%+12,500New
Police & Firemen's Retirement System of New Jersey12,444$496.4K0.00%+12,444New
Two Sigma Investments, LP12,153$484.8K0.00%−26,318−68.4%Reduced
Connable Office Inc12,031$479.9K0.05%00.0%Unchanged
Integrated Investment Consultants, LLC11,772$469.6K0.10%+62+0.5%Added
EJF Capital LLC11,637$464.2K0.32%−7−0.1%Reduced
Cranbrook Wealth Management, LLC11,451$456.8K0.11%00.0%Unchanged
Rehmann Capital Advisory Group11,434$456.1K0.03%−274−2.3%Reduced
Two Sigma Advisers, LP10,374$413.8K0.00%−11,600−52.8%Reduced
Jane Street Group, LLC10,355$413.1K0.00%−73,341−87.6%Reduced
Hennion & Walsh Asset Management, Inc.10,098$402.8K0.02%−140−1.4%Reduced
CWM Advisors, LLC10,055$401.1K0.04%−1,022−9.2%Reduced
Franklin Resources Inc9,871$393.8K0.00%−409−4.0%Reduced
Minerva Advisors LLC9,875$393.5K0.23%00.0%Unchanged
Graham Capital Management, L.P.9,686$386.4K0.01%+9,686New
Monarch Capital Management Inc8,918$355.7K0.10%−800−8.2%Reduced
Sapient Capital LLC8,534$340.4K0.01%+79+0.9%Added
HSBC Holdings PLC8,445$337.1K0.00%+1,065+14.4%Added
Verition Fund Management LLC8,277$330.2K0.00%+8,277New
HighPoint Advisor Group LLC6,925$312.9K0.02%00.0%Unchanged
Quantedge Capital Pte Ltd7,800$311.1K0.11%+7,800New
Kingsview Wealth Management, LLC7,770$309.9K0.01%00.0%Unchanged
Cetera Investment Advisers7,645$304.9K0.00%−932−10.9%Reduced
Comerica Bank7,529$300.4K0.00%−250−3.2%Reduced
Schechter Investment Advisors, LLC7,388$294.7K0.02%+228+3.2%Added
BNP Paribas Arbitrage, SA7,323$292.1K0.00%−9,449−56.3%Reduced
HighTower Advisors, LLC7,141$284.9K0.00%+269+3.9%Added
Pictet Asset Management Holding SA7,032$280.5K0.00%00.0%Unchanged
Great West Life Assurance Co6,944$277.0K0.00%−2,422−25.9%Reduced
Cary Street Partners Financial LLC6,858$273.6K0.01%+6,858New
Norris Perne & French LLP6,834$272.6K0.02%00.0%Unchanged
Johnson Investment Counsel Inc6,811$271.7K0.00%−1,430−17.4%Reduced
Goelzer Investment Management, Inc.6,765$269.9K0.02%+6,765New
PDS Planning, Inc6,596$263.1K0.02%00.0%Unchanged
Warren Averett Asset Management, LLC6,518$260.0K0.00%+6,518New
Atlas Brown,Inc.6,405$255.5K0.09%00.0%Unchanged
Zhang Financial LLC6,258$249.6K0.01%−1,000−13.8%Reduced
Evergreen Capital Management LLC6,226$248.4K0.01%+273+4.6%Added
Clearstead Advisors, LLC6,128$244.4K0.00%00.0%Unchanged
Savant Capital, LLC6,124$244.3K0.00%+47+0.8%Added
Ameritas Investment Partners, Inc.6,101$243.4K0.01%+387+6.8%Added
Profund Advisors LLC5,975$238.3K0.01%+5,975New
Brinker Capital Investments, LLC5,962$237.8K0.00%−5−0.1%Reduced
Orion Portfolio Solutions, LLC5,962$237.8K0.00%−5−0.1%Reduced
Valeo Financial Advisors, LLC5,835$232.8K0.01%+5,835New
Harbour Investments, Inc.5,813$231.9K0.01%+5,813New
Pathway Financial Advisers, LLC5,702$227.4K0.08%+49+0.9%Added
Engineers Gate Manager LP5,656$225.6K0.00%−5,083−47.3%Reduced
RSM US Wealth Management LLC5,617$224.7K0.00%+8+0.1%Added
Ullmann Financial Group, Inc.5,602$223.5K0.03%00.0%Unchanged
State of Wisconsin Investment Board5,594$223.1K0.00%+5,594New
City Center Advisors, LLC5,486$218.8K0.25%+5,486New
Harbour Trust & Investment Management Co5,465$218.0K0.02%00.0%Unchanged
CIBC World Markets Corp5,457$217.7K0.00%+5,457New
Security Financial Services, INC.5,296$211.3K0.04%+5,296New
Sciencast Management LP5,083$202.8K0.06%+5,083New
Emerald Mutual Fund Advisers Trust4,767$190.2K0.01%00.0%Unchanged
Assetmark, Inc3,479$138.8K0.00%−137−3.8%Reduced
Fifth Third Bancorp3,246$129.5K0.00%00.0%Unchanged
CWM, LLC3,237$129.0K0.00%+63+2.0%Added
Point72 Asia (Singapore) Pte. Ltd.3,103$123.8K0.03%−2,964−48.9%Reduced
KBC Group NV3,052$122.0K0.00%+665+27.9%Added
Larson Financial Group LLC2,926$116.7K0.01%00.0%Unchanged
Allworth Financial LP2,728$109.2K0.00%+1,991+270.1%Added
Quadrant Capital Group LLC2,442$97.4K0.01%−81−3.2%Reduced
Optimum Investment Advisors2,253$89.9K0.04%00.0%Unchanged
LSV Asset Management2,172$87.0K0.00%00.0%Unchanged
Amalgamated Bank1,989$79.0K0.00%−106−5.1%Reduced
Sterling Capital Management LLC1,838$73.3K0.00%+1,636+809.9%Added