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 |
|---|---|---|---|---|---|
| Thrivent Financial for Lutherans | 28,574 | $1.22M | 0.00% | −19,903−41.1% | Reduced |
| Guggenheim Capital LLC | 29,581 | $1.20M | 0.01% | +846+2.9% | Added |
| Corebridge Financial, Inc. | 28,572 | $1.16M | 0.01% | −423−1.5% | Reduced |
| Janus Henderson Group PLC | 27,284 | $1.10M | 0.00% | 00.0% | Unchanged |
| Picton Mahoney Asset Management | 27,214 | $1.10M | 0.04% | +27,214 | New |
| Waterfront Wealth Inc. | 27,140 | $1.10M | 0.27% | +232+0.9% | Added |
| Quantedge Capital Pte Ltd | 27,000 | $1.09M | 0.35% | +19,200+246.2% | Added |
| Two Sigma Advisers, LP | 26,574 | $1.07M | 0.00% | +16,200+156.2% | Added |
| Wedge Capital Management L L P | 26,486 | $1.07M | 0.02% | +2,947+12.5% | Added |
| State Board of Administration of Florida Retirement System | 26,310 | $1.06M | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 24,697 | $997.5K | 0.00% | +4,727+23.7% | Added |
| The PNC Financial Services Group, Inc. | 24,573 | $993.7K | 0.00% | +1,008+4.3% | Added |
| CBOE Vest Financial, LLC | 22,816 | $922.7K | 0.01% | +22,816 | New |
| XTX Topco Ltd | 22,764 | $920.6K | 0.05% | +22,764 | New |
| BCGM Wealth Management, LLC | 22,668 | $916.7K | 0.28% | +60.0% | Added |
| Chicago Partners Investment Group LLC | 23,650 | $879.1K | 0.03% | +351+1.5% | Added |
| Captrust Financial Advisors | 21,636 | $875.0K | 0.00% | +553+2.6% | Added |
| IFG Advisory, LLC | 21,370 | $864.2K | 0.05% | +26+0.1% | Added |
| Wesbanco Bank Inc | 21,140 | $854.9K | 0.03% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 21,126 | $854.5K | 0.00% | +1,849+9.6% | Added |
| Integrity Wealth Advisors, Inc. | 19,000 | $768.4K | 0.56% | +19,000 | New |
| Quadrant Capital Group LLC | 18,781 | $759.5K | 0.03% | +16,339+669.1% | Added |
| Kestra Advisory Services, LLC | 17,926 | $724.9K | 0.00% | +17,926 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 17,005 | $687.7K | 0.00% | +1,965+13.1% | Added |
| US Bancorp | 16,954 | $685.6K | 0.00% | −354−2.0% | Reduced |
| Arizona State Retirement System | 16,795 | $679.2K | 0.00% | −170−1.0% | Reduced |
| SG Americas Securities, LLC | 16,267 | $658.0K | 0.00% | +16,267 | New |
| Voya Investment Management LLC | 16,022 | $647.9K | 0.00% | −1,572−8.9% | Reduced |
| Graham Capital Management, L.P. | 15,670 | $633.7K | 0.02% | +5,984+61.8% | Added |
| Engineers Gate Manager LP | 15,419 | $623.5K | 0.01% | +9,763+172.6% | Added |
| Sentinel Pension Advisors Inc | 15,228 | $615.8K | 0.11% | 00.0% | Unchanged |
| Intrepid Financial Planning Group LLC | 14,682 | $593.7K | 0.27% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 14,430 | $583.6K | 0.01% | +8,813+156.9% | Added |
| Pathstone Holdings, LLC | 14,427 | $583.4K | 0.00% | −3,227−18.3% | Reduced |
| LPL Financial LLC | 13,850 | $560.1K | 0.00% | +588+4.4% | Added |
| Ieq Capital, LLC | 13,694 | $553.8K | 0.00% | +13,694 | New |
| Venture Visionary Partners LLC | 13,529 | $547.1K | 0.02% | −21−0.2% | Reduced |
| Kennondale Capital Management LLC | 13,495 | $545.7K | 0.60% | 00.0% | Unchanged |
| Royal Bank of Canada | 13,496 | $545.0K | 0.00% | −2,928−17.8% | Reduced |
| Brevan Howard Capital Management LP | 13,474 | $544.9K | 0.02% | +13,474 | New |
| CIBC World Markets Corp | 12,941 | $523.3K | 0.00% | +7,484+137.1% | Added |
| Handelsbanken Fonder AB | 12,516 | $506.0K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 12,444 | $503.2K | 0.01% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 12,310 | $497.8K | 0.00% | −11,461−48.2% | Reduced |
| Connable Office Inc | 12,031 | $486.5K | 0.05% | 00.0% | Unchanged |
| Integrated Investment Consultants, LLC | 11,701 | $473.2K | 0.09% | −71−0.6% | Reduced |
| EJF Capital LLC | 11,581 | $468.3K | 0.30% | −56−0.5% | Reduced |
| Cranbrook Wealth Management, LLC | 11,451 | $463.1K | 0.11% | 00.0% | Unchanged |
| Rehmann Capital Advisory Group | 11,446 | $462.9K | 0.03% | +12+0.1% | Added |
| KLP Kapitalforvaltning AS | 11,100 | $448.9K | 0.00% | −1,400−11.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 9,988 | $403.9K | 0.02% | −110−1.1% | Reduced |
| Quest Partners LLC | 9,946 | $402.2K | 0.04% | −12,759−56.2% | Reduced |
| Comerica Bank | 9,929 | $401.5K | 0.00% | +2,400+31.9% | Added |
| Minerva Advisors LLC | 9,875 | $399.3K | 0.28% | 00.0% | Unchanged |
| Millennium Management LLC | 9,806 | $396.6K | 0.00% | −19,340−66.4% | Reduced |
| Polymer Capital Management (US) LLC | 9,473 | $383.1K | 0.12% | +9,473 | New |
| Great West Life Assurance Co | 9,234 | $374.0K | 0.00% | +2,290+33.0% | Added |
| Pictet Asset Management Holding SA | 8,960 | $362.3K | 0.00% | +1,928+27.4% | Added |
| Monarch Capital Management Inc | 8,918 | $360.6K | 0.10% | 00.0% | Unchanged |
| Mach-1 Financial Group, Inc. | 8,522 | $344.6K | 0.10% | +8,522 | New |
| CWM Advisors, LLC | 8,473 | $342.6K | 0.04% | −1,582−15.7% | Reduced |
| Sapient Capital LLC | 8,455 | $341.9K | 0.01% | −79−0.9% | Reduced |
| Centiva Capital, LP | 7,940 | $321.1K | 0.02% | +7,940 | New |
| Kingsview Wealth Management, LLC | 7,770 | $314.2K | 0.01% | 00.0% | Unchanged |
| Schechter Investment Advisors, LLC | 7,388 | $298.8K | 0.02% | 00.0% | Unchanged |
| PDS Planning, Inc | 7,335 | $296.6K | 0.03% | +739+11.2% | Added |
| Cary Street Partners Financial LLC | 6,849 | $277.0K | 0.01% | −9−0.1% | Reduced |
| Norris Perne & French LLP | 6,834 | $276.4K | 0.02% | 00.0% | Unchanged |
| Johnson Investment Counsel Inc | 6,811 | $275.4K | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 6,766 | $274.6K | 0.00% | −1,679−19.9% | Reduced |
| Goelzer Investment Management, Inc. | 6,765 | $273.6K | 0.02% | 00.0% | Unchanged |
| Cetera Investment Advisers | 6,643 | $268.6K | 0.00% | −1,002−13.1% | Reduced |
| Contravisory Investment Management, Inc. | 6,560 | $265.3K | 0.06% | +6,560 | New |
| HighTower Advisors, LLC | 6,517 | $263.5K | 0.00% | −624−8.7% | Reduced |
| Warren Averett Asset Management, LLC | 6,514 | $263.4K | 0.00% | −4−0.1% | Reduced |
| Atlas Brown,Inc. | 6,405 | $259.0K | 0.09% | 00.0% | Unchanged |
| Zhang Financial LLC | 6,258 | $253.1K | 0.01% | 00.0% | Unchanged |
| HighPoint Advisor Group LLC | 6,925 | $248.7K | 0.01% | 00.0% | Unchanged |
| Evergreen Capital Management LLC | 6,107 | $247.0K | 0.01% | −119−1.9% | Reduced |
| State of Wisconsin Investment Board | 6,102 | $246.8K | 0.00% | +508+9.1% | Added |
| Ameritas Investment Partners, Inc. | 6,101 | $246.7K | 0.01% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 6,100 | $246.7K | 0.00% | −24,620−80.1% | Reduced |
| Advantage Alpha Capital Partners LP | 5,852 | $236.7K | 0.06% | −9,084−60.8% | Reduced |
| Brinker Capital Investments, LLC | 5,850 | $236.6K | 0.00% | −112−1.9% | Reduced |
| Orion Portfolio Solutions, LLC | 5,850 | $236.6K | 0.00% | −112−1.9% | Reduced |
| Pathway Financial Advisers, LLC | 5,750 | $232.5K | 0.08% | +48+0.8% | Added |
| Marshall Wace, LLP | 5,742 | $232.2K | 0.00% | +5,742 | New |
| Ullmann Financial Group, Inc. | 5,602 | $226.5K | 0.03% | 00.0% | Unchanged |
| Vident Advisory, LLC | 5,508 | $222.9K | 0.00% | +5,508 | New |
| Harbour Trust & Investment Management Co | 5,465 | $221.0K | 0.03% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 5,448 | $220.3K | 0.00% | −680−11.1% | Reduced |
| New York State Teachers Retirement System | 5,340 | $216.0K | 0.00% | +5,340 | New |
| Squarepoint Ops LLC | 5,341 | $216.0K | 0.00% | −11,433−68.2% | Reduced |
| 111 Capital | 5,168 | $209.0K | 0.04% | +5,168 | New |
| Emerald Mutual Fund Advisers Trust | 4,767 | $192.8K | 0.01% | 00.0% | Unchanged |
| CWM, LLC | 4,669 | $189.0K | 0.00% | +1,432+44.2% | Added |
| Tower Research Capital LLC (TRC) | 3,510 | $141.9K | 0.00% | +2,605+287.8% | Added |
| Point72 Asset Management, L.P. | 3,500 | $141.5K | 0.00% | +3,500 | New |
| BNP Paribas Arbitrage, SA | 3,384 | $136.8K | 0.00% | −3,939−53.8% | Reduced |
| Fifth Third Bancorp | 3,246 | $131.3K | 0.00% | 00.0% | Unchanged |