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 2025
Institutional positions in First Merchants Corp as of Mar 31, 2025. 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
- 273
- +22 vs. Q4 2024
- Shares held
- 44.4M
- +1.85M (+4.3%) vs. Q4 2024
- Total value
- $1.80B
- +$97.7M (+5.8%) vs. Q4 2024
- New holders
- 38
- 78 more added
- Sold out
- 16
- 94 more reduced
3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 308 | $2.04B |
| Q1 2026 | 300 | $1.79B |
| Q4 2025 | 282 | $1.65B |
| Q3 2025 | 282 | $1.67B |
| Q2 2025 | 278 | $1.69B |
| Q1 2025 | 273 | $1.80B |
| Q4 2024 | 254 | $1.74B |
| Q3 2024 | 243 | $1.60B |
| Q2 2024 | 231 | $1.42B |
| Q1 2024 | 233 | $1.50B |
| Q4 2023 | 229 | $1.63B |
| Q3 2023 | 213 | $1.20B |
| Q2 2023 | 211 | $1.21B |
| Q1 2023 | 211 | $1.42B |
| Q4 2022 | 230 | $1.78B |
| Q3 2022 | 221 | $1.66B |
| Q2 2022 | 222 | $1.54B |
| Q1 2022 | 210 | $1.76B |
| Q4 2021 | 205 | $1.66B |
| Q3 2021 | 208 | $1.66B |
| Q2 2021 | 197 | $1.69B |
| Q1 2021 | 193 | $1.89B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 6,238,131 | $252.3M | 0.00% | −98,806−1.6% | Reduced |
| BlackRock, Inc. | 4,788,060 | $193.6M | 0.00% | −71,851−1.5% | Reduced |
| Dimensional Fund Advisors LP | 3,439,858 | $139.1M | 0.03% | −76,704−2.2% | Reduced |
| Earnest Partners LLC | 2,562,184 | $103.6M | 0.50% | −46,462−1.8% | Reduced |
| State Street Corp | 1,998,701 | $80.8M | 0.00% | −190,527−8.7% | Reduced |
| Geode Capital Management, LLC | 1,429,313 | $57.8M | 0.00% | +37,054+2.7% | Added |
| American Century Companies Inc | 1,099,458 | $44.5M | 0.03% | −289,600−20.8% | Reduced |
| First Trust Advisors LP | 1,081,328 | $43.7M | 0.04% | +391,772+56.8% | Added |
| Goldman Sachs Group Inc | 969,156 | $39.2M | 0.01% | −29,807−3.0% | Reduced |
| Victory Capital Management Inc | 855,132 | $34.6M | 0.04% | −103,480−10.8% | Reduced |
| Capital International Investors | 818,755 | $33.1M | 0.01% | +223,643+37.6% | Added |
| William Blair Investment Management, LLC | 784,461 | $31.7M | 0.09% | −36,188−4.4% | Reduced |
| Principal Financial Group Inc | 771,057 | $31.2M | 0.02% | −35,581−4.4% | Reduced |
| Systematic Financial Management LP | 745,408 | $30.1M | 0.86% | −3,647−0.5% | Reduced |
| JPMorgan Chase & Co | 736,128 | $29.8M | 0.00% | −9,311−1.2% | Reduced |
| Charles Schwab Investment Management Inc | 711,840 | $28.8M | 0.01% | −19,573−2.7% | Reduced |
| Bank of New York Mellon Corp | 690,835 | $27.9M | 0.01% | −240,061−25.8% | Reduced |
| PL Capital Advisors, LLC | 686,333 | $27.8M | 9.32% | 00.0% | Unchanged |
| Nuveen, LLC | 606,404 | $24.5M | 0.01% | +606,404 | New |
| Northern Trust Corp | 599,108 | $24.2M | 0.00% | −2,699−0.4% | Reduced |
| Public Employees Retirement Association of Colorado | 546,322 | $22.1M | 0.09% | 00.0% | Unchanged |
| Terry L. Blaker | 542,610 | $21.9M | 0.88% | −7,083−1.3% | Reduced |
| Fisher Asset Management, LLC | 496,277 | $20.1M | 0.01% | −22,980−4.4% | Reduced |
| Raymond James Financial Inc | 477,207 | $19.3M | 0.01% | +550+0.1% | Added |
| Manufacturers Life Insurance Company, The | 472,974 | $19.1M | 0.02% | +4,813+1.0% | Added |
| Schroder Investment Management Group | 464,656 | $18.8M | 0.02% | +179,093+62.7% | Added |
| Bridgeway Capital Management, LLC | 369,055 | $14.9M | 0.38% | −26,909−6.8% | Reduced |
| Ceredex Value Advisors LLC | 340,800 | $13.8M | 0.30% | +112,500+49.3% | Added |
| MetLife Investment Management | 334,593 | $13.5M | 0.07% | +299,092+842.5% | Added |
| Glenmede Trust Co NA | 311,118 | $12.6M | 0.07% | +311,118 | New |
| Phocas Financial Corp. | 266,538 | $10.8M | 1.65% | −15,088−5.4% | Reduced |
| Morgan Stanley | 259,081 | $10.5M | 0.00% | −27,264−9.5% | Reduced |
| OneAscent Financial Services LLC | 247,024 | $9.98M | 0.65% | +123,738+100.4% | Added |
| FMR LLC | 222,606 | $9.00M | 0.00% | +95,007+74.5% | Added |
| SEI Investments Co | 213,036 | $8.62M | 0.01% | −39,695−15.7% | Reduced |
| Bank of America Corp | 202,146 | $8.17M | 0.00% | +81,524+67.6% | Added |
| Cubist Systematic Strategies, LLC | 202,055 | $8.17M | 0.11% | +184,243+1,034.4% | Added |
| Wells Fargo & Company | 197,688 | $7.99M | 0.00% | −1,608−0.8% | Reduced |
| Empowered Funds, LLC | 195,211 | $7.89M | 0.11% | −26,855−12.1% | Reduced |
| ProShare Advisors LLC | 184,003 | $7.44M | 0.02% | −11,001−5.6% | Reduced |
| STRS Ohio | 181,552 | $7.34M | 0.03% | −1,200−0.7% | Reduced |
| Oberweis Asset Management Inc | 178,400 | $7.21M | 0.36% | +32,800+22.5% | Added |
| Envestnet Asset Management Inc | 176,922 | $7.15M | 0.00% | −718−0.4% | Reduced |
| Denali Advisors LLC | 160,379 | $6.49M | 0.74% | −8,121−4.8% | Reduced |
| Susquehanna International Group, LLP | 145,573 | $5.89M | 0.01% | +66,320+83.7% | Added |
| Peregrine Capital Management LLC | 144,564 | $5.85M | 0.19% | −7,885−5.2% | Reduced |
| Dark Forest Capital Management LP | 140,438 | $5.68M | 0.26% | +104,002+285.4% | Added |
| Invesco Ltd. | 136,455 | $5.52M | 0.00% | −10,538−7.2% | Reduced |
| Nordea Investment Management AB | 135,327 | $5.46M | 0.01% | +1,191+0.9% | Added |
| Citigroup Inc | 134,029 | $5.42M | 0.00% | +19,206+16.7% | Added |
| UBS Asset Management Americas Inc | 132,785 | $5.37M | 0.00% | +8,212+6.6% | Added |
| Mendon Capital Advisors Corp | 131,125 | $5.30M | 2.46% | +131,125 | New |
| RMB Capital Management, LLC | 125,000 | $5.05M | 0.12% | +125,000 | New |
| AQR Capital Management LLC | 118,650 | $4.80M | 0.00% | +19,375+19.5% | Added |
| Swiss National Bank | 113,662 | $4.60M | 0.00% | −1,400−1.2% | Reduced |
| Great Lakes Advisors, LLC | 112,125 | $4.53M | 0.04% | −21,479−16.1% | Reduced |
| UBS Group AG | 107,953 | $4.37M | 0.00% | +29,336+37.3% | Added |
| Jane Street Group, LLC | 107,859 | $4.36M | 0.01% | +97,504+941.6% | Added |
| Trexquant Investment LP | 107,590 | $4.35M | 0.05% | +65,976+158.5% | Added |
| Norges Bank | 101,522 | $4.11M | 0.00% | −80,242−44.1% | Reduced |
| New York State Common Retirement Fund | 101,363 | $4.10M | 0.01% | −3,400−3.2% | Reduced |
| Qube Research & Technologies Ltd | 97,240 | $3.93M | 0.01% | −124,726−56.2% | Reduced |
| Petiole USA ltd | 94,047 | $3.80M | 2.69% | 00.0% | Unchanged |
| Barclays PLC | 90,312 | $3.65M | 0.00% | −31,657−26.0% | Reduced |
| Rhumbline Advisers | 89,792 | $3.63M | 0.00% | −12,339−12.1% | Reduced |
| Citadel Advisors LLC | 84,618 | $3.42M | 0.00% | +42,837+102.5% | Added |
| Hotchkis & Wiley Capital Management LLC | 81,988 | $3.32M | 0.01% | −1,230−1.5% | Reduced |
| Advisory Research Inc | 79,308 | $3.21M | 0.57% | −207−0.3% | Reduced |
| CI Private Wealth, LLC | 78,609 | $3.18M | 0.01% | +110.0% | Added |
| First Financial Bank - Trust Division | 75,779 | $3.06M | 0.30% | 00.0% | Unchanged |
| John W. Rosenthal Capital Management, Inc. | 73,540 | $2.97M | 3.00% | −3,763−4.9% | Reduced |
| Alliancebernstein L.P. | 68,157 | $2.76M | 0.00% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 66,740 | $2.70M | 0.00% | +2,200+3.4% | Added |
| Wellington Management Group LLP | 66,259 | $2.68M | 0.00% | +66,259 | New |
| Legal & General Group Plc | 63,851 | $2.58M | 0.00% | +721+1.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 61,373 | $2.48M | 0.01% | −403−0.7% | Reduced |
| Price T Rowe Associates Inc | 60,466 | $2.45M | 0.00% | +2,434+4.2% | Added |
| Mariner, LLC | 59,564 | $2.41M | 0.00% | +844+1.4% | Added |
| California State Teachers Retirement System | 53,641 | $2.17M | 0.00% | −1,033−1.9% | Reduced |
| Franklin Resources Inc | 51,548 | $2.08M | 0.00% | +41,677+422.2% | Added |
| Two Sigma Investments, LP | 46,146 | $1.87M | 0.00% | +33,993+279.7% | Added |
| Deutsche Bank AG | 45,893 | $1.86M | 0.00% | −2,403−5.0% | Reduced |
| Intech Investment Management LLC | 43,260 | $1.75M | 0.02% | +12,922+42.6% | Added |
| Creative Planning | 42,454 | $1.72M | 0.00% | +6,415+17.8% | Added |
| Brandywine Global Investment Management, LLC | 41,760 | $1.69M | 0.01% | −1,510−3.5% | Reduced |
| Oppenheimer Asset Management Inc. | 41,288 | $1.67M | 0.02% | +387+0.9% | Added |
| Sanctuary Advisors, LLC | 40,530 | $1.64M | 0.01% | +1,203+3.1% | Added |
| Teacher Retirement System of Texas | 38,459 | $1.56M | 0.01% | −8,130−17.5% | Reduced |
| Jackson Creek Investment Advisors LLC | 35,761 | $1.45M | 0.46% | +35,761 | New |
| Rafferty Asset Management, LLC | 35,588 | $1.44M | 0.01% | −12,219−25.6% | Reduced |
| Stifel Financial Corp | 35,317 | $1.43M | 0.00% | −10,006−22.1% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 34,708 | $1.40M | 0.00% | +1,522+4.6% | Added |
| Russell Investments Group, Ltd. | 34,339 | $1.39M | 0.00% | +2,820+8.9% | Added |
| Prudential Financial Inc | 31,767 | $1.38M | 0.00% | +100.0% | Added |
| Aurora Investment Counsel | 33,127 | $1.34M | 0.74% | −2,746−7.7% | Reduced |
| Old National Bancorp | 33,115 | $1.34M | 0.04% | −11,024−25.0% | Reduced |
| Commonwealth Equity Services, LLC | 32,701 | $1.32M | 0.00% | +261+0.8% | Added |
| Paradigm Capital Management Inc | 32,000 | $1.29M | 0.07% | 00.0% | Unchanged |
| Clarkston Capital Partners, LLC | 31,113 | $1.26M | 0.02% | −3,583−10.3% | Reduced |
| Ensign Peak Advisors, Inc | 30,520 | $1.23M | 0.00% | 00.0% | Unchanged |