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, Q2 2025
Institutional positions in First Merchants Corp as of Jun 30, 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
- 278
- +10 vs. Q1 2025
- Shares held
- 44.2M
- +116.0K (+0.3%) vs. Q1 2025
- Total value
- $1.69B
- −$89.6M (−5.0%) vs. Q1 2025
- New holders
- 37
- 92 more added
- Sold out
- 27
- 88 more reduced
5 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 6,186,207 | $236.9M | 0.00% | −51,924−0.8% | Reduced |
| BlackRock, Inc. | 4,609,263 | $176.5M | 0.00% | −178,797−3.7% | Reduced |
| Dimensional Fund Advisors LP | 3,405,615 | $130.4M | 0.03% | −34,243−1.0% | Reduced |
| Earnest Partners LLC | 2,571,917 | $98.5M | 0.44% | +9,733+0.4% | Added |
| State Street Corp | 2,005,625 | $76.8M | 0.00% | +6,924+0.3% | Added |
| Geode Capital Management, LLC | 1,430,289 | $54.8M | 0.00% | +976+0.1% | Added |
| American Century Companies Inc | 1,127,423 | $43.2M | 0.02% | +27,965+2.5% | Added |
| Goldman Sachs Group Inc | 926,422 | $35.5M | 0.01% | −42,734−4.4% | Reduced |
| Nuveen, LLC | 916,637 | $35.1M | 0.01% | +310,233+51.2% | Added |
| Victory Capital Management Inc | 873,773 | $33.5M | 0.02% | +18,641+2.2% | Added |
| Capital International Investors | 818,755 | $31.4M | 0.01% | 00.0% | Unchanged |
| First Trust Advisors LP | 766,252 | $29.3M | 0.02% | −315,076−29.1% | Reduced |
| Systematic Financial Management LP | 760,551 | $29.1M | 0.78% | +15,143+2.0% | Added |
| Principal Financial Group Inc | 758,138 | $29.0M | 0.02% | −12,919−1.7% | Reduced |
| William Blair Investment Management, LLC | 724,679 | $27.8M | 0.07% | −59,782−7.6% | Reduced |
| Charles Schwab Investment Management Inc | 693,422 | $26.6M | 0.00% | −18,418−2.6% | Reduced |
| PL Capital Advisors, LLC | 686,333 | $26.3M | 8.77% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 678,165 | $26.0M | 0.00% | −57,963−7.9% | Reduced |
| Bank of New York Mellon Corp | 677,269 | $25.9M | 0.00% | −13,566−2.0% | Reduced |
| Northern Trust Corp | 569,915 | $21.8M | 0.00% | −29,193−4.9% | Reduced |
| Public Employees Retirement Association of Colorado | 546,322 | $20.9M | 0.08% | 00.0% | Unchanged |
| Terry L. Blaker | 539,726 | $20.7M | 0.80% | −2,884−0.5% | Reduced |
| Manufacturers Life Insurance Company, The | 461,315 | $17.7M | 0.02% | −11,659−2.5% | Reduced |
| Raymond James Financial Inc | 459,479 | $17.6M | 0.01% | −17,728−3.7% | Reduced |
| Fisher Asset Management, LLC | 441,788 | $16.9M | 0.01% | −54,489−11.0% | Reduced |
| Bridgeway Capital Management, LLC | 397,123 | $15.2M | 0.36% | +28,068+7.6% | Added |
| Ceredex Value Advisors LLC | 345,600 | $13.2M | 0.28% | +4,800+1.4% | Added |
| Schroder Investment Management Group | 331,163 | $12.8M | 0.01% | −133,493−28.7% | Reduced |
| Glenmede Investment Management, LP | 302,302 | $11.6M | 0.06% | +302,302 | New |
| MetLife Investment Management | 272,504 | $10.4M | 0.06% | −62,089−18.6% | Reduced |
| Phocas Financial Corp. | 266,578 | $10.2M | 1.47% | +400.0% | Added |
| Qube Research & Technologies Ltd | 261,904 | $10.0M | 0.01% | +164,664+169.3% | Added |
| Morgan Stanley | 246,148 | $9.43M | 0.00% | −12,933−5.0% | Reduced |
| Empowered Funds, LLC | 223,342 | $8.55M | 0.10% | +28,131+14.4% | Added |
| FMR LLC | 219,928 | $8.42M | 0.00% | −2,678−1.2% | Reduced |
| Bank of America Corp | 209,544 | $8.03M | 0.00% | +7,398+3.7% | Added |
| Wells Fargo & Company | 207,239 | $7.94M | 0.00% | +9,551+4.8% | Added |
| Oberweis Asset Management Inc | 196,000 | $7.51M | 0.33% | +17,600+9.9% | Added |
| UBS Asset Management Americas Inc | 192,563 | $7.38M | 0.00% | +59,778+45.0% | Added |
| STRS Ohio | 183,252 | $7.02M | 0.03% | +1,700+0.9% | Added |
| ProShare Advisors LLC | 175,476 | $6.72M | 0.01% | −8,527−4.6% | Reduced |
| Denali Advisors LLC | 174,384 | $6.68M | 0.70% | +14,005+8.7% | Added |
| Envestnet Asset Management Inc | 170,185 | $6.52M | 0.00% | −6,737−3.8% | Reduced |
| AQR Capital Management LLC | 163,691 | $6.27M | 0.01% | +45,041+38.0% | Added |
| Edgestream Partners, L.P. | 159,491 | $6.11M | 0.17% | +159,491 | New |
| Susquehanna International Group, LLP | 155,383 | $5.95M | 0.01% | +9,810+6.7% | Added |
| UBS Group AG | 154,359 | $5.91M | 0.00% | +46,406+43.0% | Added |
| OneAscent Financial Services LLC | 146,142 | $5.61M | 0.40% | −100,882−40.8% | Reduced |
| Peregrine Capital Management LLC | 139,883 | $5.36M | 0.16% | −4,681−3.2% | Reduced |
| Nordea Investment Management AB | 135,789 | $5.23M | 0.00% | +462+0.3% | Added |
| Barclays PLC | 131,416 | $5.03M | 0.00% | +41,104+45.5% | Added |
| Cubist Systematic Strategies, LLC | 126,051 | $4.83M | 0.05% | −76,004−37.6% | Reduced |
| Invesco Ltd. | 116,588 | $4.47M | 0.00% | −19,867−14.6% | Reduced |
| Dark Forest Capital Management LP | 113,040 | $4.33M | 0.17% | −27,398−19.5% | Reduced |
| Mendon Capital Advisors Corp | 112,250 | $4.30M | 2.17% | −18,875−14.4% | Reduced |
| Swiss National Bank | 111,762 | $4.28M | 0.00% | −1,900−1.7% | Reduced |
| SEI Investments Co | 111,605 | $4.27M | 0.00% | −101,431−47.6% | Reduced |
| Citigroup Inc | 111,178 | $4.26M | 0.00% | −22,851−17.0% | Reduced |
| Great Lakes Advisors, LLC | 108,524 | $4.16M | 0.03% | −3,601−3.2% | Reduced |
| New York State Common Retirement Fund | 105,063 | $4.02M | 0.01% | +3,700+3.7% | Added |
| RMB Capital Management, LLC | 100,475 | $3.85M | 0.07% | −24,525−19.6% | Reduced |
| Petiole USA ltd | 94,047 | $3.60M | 2.55% | 00.0% | Unchanged |
| Rhumbline Advisers | 92,809 | $3.55M | 0.00% | +3,017+3.4% | Added |
| Trexquant Investment LP | 91,517 | $3.51M | 0.04% | −16,073−14.9% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 91,358 | $3.50M | 0.01% | +9,370+11.4% | Added |
| Jane Street Group, LLC | 90,720 | $3.47M | 0.01% | −17,139−15.9% | Reduced |
| Millennium Management LLC | 88,431 | $3.39M | 0.00% | +78,625+801.8% | Added |
| CI Private Wealth, LLC | 78,558 | $3.01M | 0.00% | −51−0.1% | Reduced |
| First Financial Bank - Trust Division | 75,779 | $2.90M | 0.26% | 00.0% | Unchanged |
| Advisory Research Inc | 75,438 | $2.89M | 0.44% | −3,870−4.9% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 72,305 | $2.77M | 2.79% | −1,235−1.7% | Reduced |
| Inspire Advisors, LLC | 71,779 | $2.75M | 0.29% | +71,779 | New |
| Alliancebernstein L.P. | 68,157 | $2.61M | 0.00% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 67,748 | $2.59M | 0.00% | +1,008+1.5% | Added |
| Legal & General Group Plc | 64,350 | $2.46M | 0.00% | +499+0.8% | Added |
| Price T Rowe Associates Inc | 63,726 | $2.44M | 0.00% | +3,260+5.4% | Added |
| D. E. Shaw & Co., Inc. | 63,496 | $2.43M | 0.00% | +63,496 | New |
| Cambridge Investment Research Advisors, Inc. | 61,267 | $2.35M | 0.01% | −106−0.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 58,011 | $2.22M | 0.00% | +58,011 | New |
| Marshall Wace, LLP | 56,654 | $2.17M | 0.00% | +50,912+886.7% | Added |
| Mariner, LLC | 56,568 | $2.17M | 0.00% | −2,996−5.0% | Reduced |
| Two Sigma Investments, LP | 55,243 | $2.12M | 0.00% | +9,097+19.7% | Added |
| Wellington Management Group LLP | 54,922 | $2.10M | 0.00% | −11,337−17.1% | Reduced |
| California State Teachers Retirement System | 54,058 | $2.07M | 0.00% | +417+0.8% | Added |
| Quest Partners LLC | 52,816 | $2.02M | 0.20% | +42,870+431.0% | Added |
| Franklin Resources Inc | 51,322 | $1.97M | 0.00% | −226−0.4% | Reduced |
| Creative Planning | 48,932 | $1.87M | 0.00% | +6,478+15.3% | Added |
| Tudor Investment Corp Et Al | 44,570 | $1.71M | 0.01% | +44,570 | New |
| Rafferty Asset Management, LLC | 43,106 | $1.65M | 0.01% | +7,518+21.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 41,970 | $1.61M | 0.04% | +41,970 | New |
| Norges Bank | 41,425 | $1.59M | 0.00% | −60,097−59.2% | Reduced |
| Deutsche Bank AG | 41,131 | $1.58M | 0.00% | −4,762−10.4% | Reduced |
| Oppenheimer Asset Management Inc. | 40,459 | $1.55M | 0.02% | −829−2.0% | Reduced |
| Guggenheim Capital LLC | 40,423 | $1.55M | 0.01% | +10,842+36.7% | Added |
| Brandywine Global Investment Management, LLC | 40,261 | $1.54M | 0.01% | −1,499−3.6% | Reduced |
| Thrivent Financial for Lutherans | 36,065 | $1.38M | 0.00% | +7,491+26.2% | Added |
| Teacher Retirement System of Texas | 36,012 | $1.38M | 0.01% | −2,447−6.4% | Reduced |
| Sanctuary Advisors, LLC | 34,629 | $1.33M | 0.01% | −5,901−14.6% | Reduced |
| Two Sigma Advisers, LP | 33,474 | $1.28M | 0.00% | +6,900+26.0% | Added |
| Old National Bancorp | 33,115 | $1.27M | 0.02% | 00.0% | Unchanged |