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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, 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.

Institutional holdersQ1 2025: 273 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 heldQ1 2025: $1.80B
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, Q1 2025

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q4 2024.

Institutions holding FRME in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Assetmark, Inc3,146$127.2K0.00%−333−9.6%Reduced
KBC Group NV3,052$123.0K0.00%00.0%Unchanged
Larson Financial Group LLC2,926$118.3K0.01%00.0%Unchanged
Allworth Financial LP2,815$102.7K0.00%+87+3.2%Added
Optimum Investment Advisors2,253$91.1K0.04%00.0%Unchanged
Amalgamated Bank1,996$81.0K0.00%+7+0.4%Added
Capital Analysts, LLC1,800$73.0K0.00%00.0%Unchanged
Ancora Advisors, LLC1,791$72.4K0.00%00.0%Unchanged
Signaturefd, LLC1,618$65.4K0.00%−40−2.4%Reduced
Spectrum Wealth Counsel, LLC1,380$55.8K0.01%+1,380New
Thurston, Springer, Miller, Herd & Titak, Inc.1,318$53.3K0.01%+1,000+314.5%Added
Caldwell Trust Co1,300$52.6K0.01%00.0%Unchanged
Strategic Investment Solutions, Inc.1,161$46.9K0.01%+10+0.9%Added
Westend Capital Management, LLC1,149$46.5K0.02%+1,149New
MAI Capital Management1,131$45.7K0.00%−244−17.7%Reduced
Sterling Capital Management LLC1,006$40.7K0.00%−832−45.3%Reduced
Indiana Trust & Investment Management CO902$36.5K0.01%00.0%Unchanged
Ronald Blue Trust, Inc.899$36.4K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio880$35.6K0.00%+6+0.7%Added
CIBC Private Wealth Group, LLC994$35.0K0.00%00.0%Unchanged
Coldstream Capital Management Inc810$32.8K0.00%+810New
Nomura Asset Management Co Ltd750$30.3K0.00%00.0%Unchanged
LSV Asset Management715$29.0K0.00%−1,457−67.1%Reduced
Creative Financial Designs Inc650$26.3K0.00%00.0%Unchanged
Lindbrook Capital, LLC555$22.4K0.00%00.0%Unchanged
GAMMA Investing LLC525$21.2K0.00%+332+172.0%Added
Meeder Asset Management Inc523$21.1K0.00%+523New
Federated Hermes, Inc.408$16.5K0.00%−521−56.1%Reduced
CX Institutional397$16.0K0.00%+397New
Smartleaf Asset Management LLC395$16.0K0.00%−189−32.4%Reduced
Parallel Advisors, LLC389$15.7K0.00%00.0%Unchanged
Harbor Capital Advisors, Inc.351$14.0K0.00%−15,037−97.7%Reduced
Nisa Investment Advisors, LLC314$12.7K0.00%−975−75.6%Reduced
Central Trust Co294$11.9K0.00%00.0%Unchanged
Point72 Asia (Singapore) Pte. Ltd.293$11.8K0.00%−2,810−90.6%Reduced
Covestor Ltd271$11.0K0.01%−428−61.2%Reduced
Point72 (DIFC) Ltd240$9.71K0.00%+240New
EverSource Wealth Advisors, LLC167$6.75K0.00%+130+351.4%Added
Hillsdale Investment Management Inc.160$6.47K0.00%+160New
Retirement Wealth Solutions LLC137$5.54K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co135$5.45K0.00%00.0%Unchanged
Versant Capital Management, Inc118$4.77K0.00%+118New
Rothschild Investment LLC105$4.25K0.00%+35+50.0%Added
Clear Street Markets LLC102$4.13K0.00%+102New
Bessemer Group Inc100$4.00K0.00%−5−4.8%Reduced
Sound Income Strategies, LLC89$3.60K0.00%00.0%Unchanged
Cary Street Partner Investment Advisory LLC82$3.32K0.00%+57+228.0%Added
Skopos Labs, Inc.78$3.15K0.00%+78New
Carolinas Wealth Consulting LLC70$2.83K0.00%00.0%Unchanged
Mather Group, LLC.62$2.51K0.00%00.0%Unchanged
Private Wealth Management Group, LLC55$2.23K0.00%00.0%Unchanged
Cornerstone Planning Group LLC54$2.00K0.00%00.0%Unchanged
Hemington Wealth Management65$2.00K0.00%+18+38.3%Added
Farther Finance Advisors, LLC49$1.97K0.00%−1−2.0%Reduced
JFS Wealth Advisors, LLC40$1.62K0.00%00.0%Unchanged
Bell Investment Advisors, Inc37$1.50K0.00%00.0%Unchanged
WPG Advisers, LLC37$1.50K0.00%00.0%Unchanged
Parkside Financial Bank & Trust30$1.22K0.00%+30New
Steward Partners Investment Advisory, LLC24$9710.00%00.0%Unchanged
Stephens Consulting, LLC20$8090.00%+20New
Massmutual Trust Co FSB19$7680.00%−19−50.0%Reduced
Huntington National Bank17$6870.00%−106−86.2%Reduced
DiNuzzo Private Wealth, Inc.12$4860.00%00.0%Unchanged
SJS Investment Consulting Inc.11$4450.00%00.0%Unchanged
Global Financial Private Client, LLC11$4450.00%+7+175.0%Added
IFP Advisors, Inc0$3240.00%0Unchanged
Private Trust Co NA5$2020.00%00.0%Unchanged
SBI Securities Co., Ltd.4$1620.00%+3+300.0%Added
Bay Harbor Wealth Management, LLC3$1210.00%+3New
Parkworth Wealth Management, Inc.2$810.00%00.0%Unchanged
True Wealth Design, LLC2$810.00%+2New
HFM Investment Advisors, LLC2$810.00%+2New
Capital Advisors, Ltd. LLC4$00.00%00.0%Unchanged
Proequities, Inc.0$00.00%−25−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−40,126−100.0%Sold out
Summit Global Investments0$00.00%−20,332−100.0%Sold out
Natixis Advisors, L.P.0$00.00%−14,277−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−13,509−100.0%Sold out
Verition Fund Management LLC0$00.00%−8,277−100.0%Sold out
Savant Capital, LLC0$00.00%−6,124−100.0%Sold out
Profund Advisors LLC0$00.00%−5,975−100.0%Sold out
Valeo Financial Advisors, LLC0$00.00%−5,835−100.0%Sold out
Harbour Investments, Inc.0$00.00%−5,813−100.0%Sold out
City Center Advisors, LLC0$00.00%−5,486−100.0%Sold out
Security Financial Services, INC.0$00.00%−5,296−100.0%Sold out
Sciencast Management LP0$00.00%−5,083−100.0%Sold out
Quarry LP0$00.00%−638−100.0%Sold out
R Squared Ltd0$00.00%−260−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−186−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed
Mesirow Institutional Investment Management, Inc.––––Not filed
Cassady Schiller Wealth Management, LLC––––Not filed