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 |
|---|---|---|---|---|---|
| Contravisory Investment Management, Inc. | 6,560 | $265.3K | 0.06% | +6,560 | New |
| Cetera Investment Advisers | 6,643 | $268.6K | 0.00% | −1,002−13.1% | Reduced |
| Goelzer Investment Management, Inc. | 6,765 | $273.6K | 0.02% | 00.0% | Unchanged |
| HSBC Holdings PLC | 6,766 | $274.6K | 0.00% | −1,679−19.9% | Reduced |
| Johnson Investment Counsel Inc | 6,811 | $275.4K | 0.00% | 00.0% | Unchanged |
| Norris Perne & French LLP | 6,834 | $276.4K | 0.02% | 00.0% | Unchanged |
| Cary Street Partners Financial LLC | 6,849 | $277.0K | 0.01% | −9−0.1% | Reduced |
| PDS Planning, Inc | 7,335 | $296.6K | 0.03% | +739+11.2% | Added |
| Schechter Investment Advisors, LLC | 7,388 | $298.8K | 0.02% | 00.0% | Unchanged |
| Kingsview Wealth Management, LLC | 7,770 | $314.2K | 0.01% | 00.0% | Unchanged |
| Centiva Capital, LP | 7,940 | $321.1K | 0.02% | +7,940 | New |
| Sapient Capital LLC | 8,455 | $341.9K | 0.01% | −79−0.9% | Reduced |
| CWM Advisors, LLC | 8,473 | $342.6K | 0.04% | −1,582−15.7% | Reduced |
| Mach-1 Financial Group, Inc. | 8,522 | $344.6K | 0.10% | +8,522 | New |
| Monarch Capital Management Inc | 8,918 | $360.6K | 0.10% | 00.0% | Unchanged |
| Pictet Asset Management Holding SA | 8,960 | $362.3K | 0.00% | +1,928+27.4% | Added |
| Great West Life Assurance Co | 9,234 | $374.0K | 0.00% | +2,290+33.0% | Added |
| Polymer Capital Management (US) LLC | 9,473 | $383.1K | 0.12% | +9,473 | New |
| Millennium Management LLC | 9,806 | $396.6K | 0.00% | −19,340−66.4% | Reduced |
| Minerva Advisors LLC | 9,875 | $399.3K | 0.28% | 00.0% | Unchanged |
| Comerica Bank | 9,929 | $401.5K | 0.00% | +2,400+31.9% | Added |
| Quest Partners LLC | 9,946 | $402.2K | 0.04% | −12,759−56.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 9,988 | $403.9K | 0.02% | −110−1.1% | Reduced |
| KLP Kapitalforvaltning AS | 11,100 | $448.9K | 0.00% | −1,400−11.2% | Reduced |
| Rehmann Capital Advisory Group | 11,446 | $462.9K | 0.03% | +12+0.1% | Added |
| Cranbrook Wealth Management, LLC | 11,451 | $463.1K | 0.11% | 00.0% | Unchanged |
| EJF Capital LLC | 11,581 | $468.3K | 0.30% | −56−0.5% | Reduced |
| Integrated Investment Consultants, LLC | 11,701 | $473.2K | 0.09% | −71−0.6% | Reduced |
| Connable Office Inc | 12,031 | $486.5K | 0.05% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 12,310 | $497.8K | 0.00% | −11,461−48.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 12,444 | $503.2K | 0.01% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 12,516 | $506.0K | 0.00% | 00.0% | Unchanged |
| CIBC World Markets Corp | 12,941 | $523.3K | 0.00% | +7,484+137.1% | Added |
| Brevan Howard Capital Management LP | 13,474 | $544.9K | 0.02% | +13,474 | New |
| Royal Bank of Canada | 13,496 | $545.0K | 0.00% | −2,928−17.8% | Reduced |
| Kennondale Capital Management LLC | 13,495 | $545.7K | 0.60% | 00.0% | Unchanged |
| Venture Visionary Partners LLC | 13,529 | $547.1K | 0.02% | −21−0.2% | Reduced |
| Ieq Capital, LLC | 13,694 | $553.8K | 0.00% | +13,694 | New |
| LPL Financial LLC | 13,850 | $560.1K | 0.00% | +588+4.4% | Added |
| Pathstone Holdings, LLC | 14,427 | $583.4K | 0.00% | −3,227−18.3% | Reduced |
| RSM US Wealth Management LLC | 14,430 | $583.6K | 0.01% | +8,813+156.9% | Added |
| Intrepid Financial Planning Group LLC | 14,682 | $593.7K | 0.27% | 00.0% | Unchanged |
| Sentinel Pension Advisors Inc | 15,228 | $615.8K | 0.11% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 15,419 | $623.5K | 0.01% | +9,763+172.6% | Added |
| Graham Capital Management, L.P. | 15,670 | $633.7K | 0.02% | +5,984+61.8% | Added |
| Voya Investment Management LLC | 16,022 | $647.9K | 0.00% | −1,572−8.9% | Reduced |
| SG Americas Securities, LLC | 16,267 | $658.0K | 0.00% | +16,267 | New |
| Arizona State Retirement System | 16,795 | $679.2K | 0.00% | −170−1.0% | Reduced |
| US Bancorp | 16,954 | $685.6K | 0.00% | −354−2.0% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 17,005 | $687.7K | 0.00% | +1,965+13.1% | Added |
| Kestra Advisory Services, LLC | 17,926 | $724.9K | 0.00% | +17,926 | New |
| Quadrant Capital Group LLC | 18,781 | $759.5K | 0.03% | +16,339+669.1% | Added |
| Integrity Wealth Advisors, Inc. | 19,000 | $768.4K | 0.56% | +19,000 | New |
| Advisor Group Holdings, Inc. | 21,126 | $854.5K | 0.00% | +1,849+9.6% | Added |
| Wesbanco Bank Inc | 21,140 | $854.9K | 0.03% | 00.0% | Unchanged |
| IFG Advisory, LLC | 21,370 | $864.2K | 0.05% | +26+0.1% | Added |
| Captrust Financial Advisors | 21,636 | $875.0K | 0.00% | +553+2.6% | Added |
| Chicago Partners Investment Group LLC | 23,650 | $879.1K | 0.03% | +351+1.5% | Added |
| BCGM Wealth Management, LLC | 22,668 | $916.7K | 0.28% | +60.0% | Added |
| XTX Topco Ltd | 22,764 | $920.6K | 0.05% | +22,764 | New |
| CBOE Vest Financial, LLC | 22,816 | $922.7K | 0.01% | +22,816 | New |
| The PNC Financial Services Group, Inc. | 24,573 | $993.7K | 0.00% | +1,008+4.3% | Added |
| Jones Financial Companies LLLP | 24,697 | $997.5K | 0.00% | +4,727+23.7% | Added |
| State Board of Administration of Florida Retirement System | 26,310 | $1.06M | 0.00% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 26,486 | $1.07M | 0.02% | +2,947+12.5% | Added |
| Two Sigma Advisers, LP | 26,574 | $1.07M | 0.00% | +16,200+156.2% | Added |
| Quantedge Capital Pte Ltd | 27,000 | $1.09M | 0.35% | +19,200+246.2% | Added |
| Waterfront Wealth Inc. | 27,140 | $1.10M | 0.27% | +232+0.9% | Added |
| Picton Mahoney Asset Management | 27,214 | $1.10M | 0.04% | +27,214 | New |
| Janus Henderson Group PLC | 27,284 | $1.10M | 0.00% | 00.0% | Unchanged |
| Corebridge Financial, Inc. | 28,572 | $1.16M | 0.01% | −423−1.5% | Reduced |
| Guggenheim Capital LLC | 29,581 | $1.20M | 0.01% | +846+2.9% | Added |
| Thrivent Financial for Lutherans | 28,574 | $1.22M | 0.00% | −19,903−41.1% | Reduced |
| Ensign Peak Advisors, Inc | 30,520 | $1.23M | 0.00% | 00.0% | Unchanged |
| Clarkston Capital Partners, LLC | 31,113 | $1.26M | 0.02% | −3,583−10.3% | Reduced |
| Paradigm Capital Management Inc | 32,000 | $1.29M | 0.07% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 32,701 | $1.32M | 0.00% | +261+0.8% | Added |
| Old National Bancorp | 33,115 | $1.34M | 0.04% | −11,024−25.0% | Reduced |
| Aurora Investment Counsel | 33,127 | $1.34M | 0.74% | −2,746−7.7% | Reduced |
| Prudential Financial Inc | 31,767 | $1.38M | 0.00% | +100.0% | Added |
| Russell Investments Group, Ltd. | 34,339 | $1.39M | 0.00% | +2,820+8.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 34,708 | $1.40M | 0.00% | +1,522+4.6% | Added |
| Stifel Financial Corp | 35,317 | $1.43M | 0.00% | −10,006−22.1% | Reduced |
| Rafferty Asset Management, LLC | 35,588 | $1.44M | 0.01% | −12,219−25.6% | Reduced |
| Jackson Creek Investment Advisors LLC | 35,761 | $1.45M | 0.46% | +35,761 | New |
| Teacher Retirement System of Texas | 38,459 | $1.56M | 0.01% | −8,130−17.5% | Reduced |
| Sanctuary Advisors, LLC | 40,530 | $1.64M | 0.01% | +1,203+3.1% | Added |
| Oppenheimer Asset Management Inc. | 41,288 | $1.67M | 0.02% | +387+0.9% | Added |
| Brandywine Global Investment Management, LLC | 41,760 | $1.69M | 0.01% | −1,510−3.5% | Reduced |
| Creative Planning | 42,454 | $1.72M | 0.00% | +6,415+17.8% | Added |
| Intech Investment Management LLC | 43,260 | $1.75M | 0.02% | +12,922+42.6% | Added |
| Deutsche Bank AG | 45,893 | $1.86M | 0.00% | −2,403−5.0% | Reduced |
| Two Sigma Investments, LP | 46,146 | $1.87M | 0.00% | +33,993+279.7% | Added |
| Franklin Resources Inc | 51,548 | $2.08M | 0.00% | +41,677+422.2% | Added |
| California State Teachers Retirement System | 53,641 | $2.17M | 0.00% | −1,033−1.9% | Reduced |
| Mariner, LLC | 59,564 | $2.41M | 0.00% | +844+1.4% | Added |
| Price T Rowe Associates Inc | 60,466 | $2.45M | 0.00% | +2,434+4.2% | Added |
| Cambridge Investment Research Advisors, Inc. | 61,373 | $2.48M | 0.01% | −403−0.7% | Reduced |
| Legal & General Group Plc | 63,851 | $2.58M | 0.00% | +721+1.1% | Added |
| Wellington Management Group LLP | 66,259 | $2.68M | 0.00% | +66,259 | New |