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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, 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.

Institutional holdersQ2 2025: 278 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 heldQ2 2025: $1.69B
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, Q2 2025

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q1 2025.

Institutions holding FRME in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital Advisors, Ltd. LLC4$00.00%00.0%Unchanged
Parkworth Wealth Management, Inc.2$770.00%00.0%Unchanged
HFM Investment Advisors, LLC3$1150.00%+1+50.0%Added
Twin Peaks Wealth Advisors, LLC3$1170.00%+3New
Rialto Wealth Management, LLC4$1540.00%+4New
Bay Harbor Wealth Management, LLC5$1910.00%+2+66.7%Added
Private Trust Co NA5$1920.00%00.0%Unchanged
SBI Securities Co., Ltd.5$1920.00%+1+25.0%Added
SJS Investment Consulting Inc.6$2300.00%−5−45.5%Reduced
DiNuzzo Private Wealth, Inc.12$4600.00%00.0%Unchanged
Fortitude Family Office, LLC16$6130.00%+16New
Essential Partners LLC16$6130.00%+16New
Huntington National Bank17$6510.00%00.0%Unchanged
Skopos Labs, Inc.18$6900.00%−60−76.9%Reduced
Massmutual Trust Co FSB19$7280.00%00.0%Unchanged
WPG Advisers, LLC37$1.42K0.00%00.0%Unchanged
Bell Investment Advisors, Inc37$1.42K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC42$1.61K0.00%+2+5.0%Added
Farther Finance Advisors, LLC48$1.84K0.00%−1−2.0%Reduced
Cary Street Partner Investment Advisory LLC48$1.84K0.00%−34−41.5%Reduced
Hemington Wealth Management66$2.00K0.00%+1+1.5%Added
Private Wealth Management Group, LLC55$2.11K0.00%00.0%Unchanged
Sound Income Strategies, LLC89$3.41K0.00%00.0%Unchanged
Bessemer Group Inc100$4.00K0.00%00.0%Unchanged
Versant Capital Management, Inc116$4.44K0.00%−2−1.7%Reduced
Smartleaf Asset Management LLC128$4.95K0.00%−267−67.6%Reduced
Northwestern Mutual Wealth Management Co135$5.17K0.00%00.0%Unchanged
Retirement Wealth Solutions LLC137$5.25K0.00%00.0%Unchanged
Hillsdale Investment Management Inc.140$5.36K0.00%−20−12.5%Reduced
True Wealth Design, LLC152$5.82K0.00%+150+7,500.0%Added
Rothschild Investment LLC165$6.32K0.00%+60+57.1%Added
Westside Investment Management, Inc.195$7.75K0.00%+195New
IFP Advisors, Inc218$8.35K0.00%+218Added
Central Trust Co294$11.3K0.00%00.0%Unchanged
Harbor Capital Advisors, Inc.317$12.0K0.00%−34−9.7%Reduced
Trust Co of Toledo NA321$12.3K0.00%+321New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.343$13.0K0.00%+343New
Parallel Advisors, LLC348$13.3K0.00%−41−10.5%Reduced
CX Institutional397$15.0K0.00%00.0%Unchanged
Danske Bank A/S400$15.3K0.00%+400New
GAMMA Investing LLC426$16.3K0.00%−99−18.9%Reduced
Federated Hermes, Inc.462$17.7K0.00%+54+13.2%Added
Point72 Asia (Singapore) Pte. Ltd.478$18.3K0.00%+185+63.1%Added
Covestor Ltd496$19.0K0.01%+225+83.0%Added
Nisa Investment Advisors, LLC504$19.3K0.00%+190+60.5%Added
Creative Financial Designs Inc650$24.9K0.00%00.0%Unchanged
LSV Asset Management715$27.0K0.00%00.0%Unchanged
Nomura Asset Management Co Ltd750$28.7K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC771$29.5K0.00%+604+361.7%Added
Public Employees Retirement System of Ohio829$31.8K0.00%−51−5.8%Reduced
Clear Street Markets LLC832$31.9K0.01%+730+715.7%Added
Indiana Trust & Investment Management CO902$34.5K0.01%00.0%Unchanged
Strategic Investment Solutions, Inc.1,173$44.9K0.01%+12+1.0%Added
CIBC Private Wealth Group, LLC1,214$46.5K0.00%+220+22.1%Added
Caldwell Trust Co1,300$49.8K0.00%00.0%Unchanged
Thurston, Springer, Miller, Herd & Titak, Inc.1,318$50.5K0.01%00.0%Unchanged
MAI Capital Management1,341$51.4K0.00%+210+18.6%Added
Point72 (DIFC) Ltd1,381$52.9K0.00%+1,141+475.4%Added
Sterling Capital Management LLC1,500$57.5K0.00%+494+49.1%Added
Signaturefd, LLC1,548$59.3K0.00%−70−4.3%Reduced
Ronald Blue Trust, Inc.1,784$68.3K0.00%+885+98.4%Added
Ancora Advisors, LLC1,791$68.6K0.00%00.0%Unchanged
Capital Analysts, LLC1,800$69.0K0.00%00.0%Unchanged
Amalgamated Bank1,996$76.0K0.00%00.0%Unchanged
KBC Group NV2,169$83.0K0.00%−883−28.9%Reduced
Optimum Investment Advisors2,253$86.3K0.04%00.0%Unchanged
Aquatic Capital Management LLC2,751$105.4K0.00%+2,751New
Allworth Financial LP2,821$108.0K0.00%+6+0.2%Added
Larson Financial Group LLC3,009$115.3K0.00%+83+2.8%Added
Assetmark, Inc3,106$119.0K0.00%−40−1.3%Reduced
Fifth Third Bancorp3,109$119.1K0.00%−137−4.2%Reduced
Emerald Mutual Fund Advisers Trust4,767$182.6K0.01%00.0%Unchanged
Cerity Partners LLC5,295$202.8K0.00%+5,295New
New York State Teachers Retirement System5,340$205.0K0.00%00.0%Unchanged
State of Wisconsin Investment Board5,448$208.7K0.00%−654−10.7%Reduced
Harbour Trust & Investment Management Co5,465$209.3K0.02%00.0%Unchanged
Ullmann Financial Group, Inc.5,602$214.6K0.03%00.0%Unchanged
Clearstead Advisors, LLC5,688$217.9K0.00%+240+4.4%Added
HSBC Holdings PLC5,677$219.0K0.00%−1,089−16.1%Reduced
Warren Averett Asset Management, LLC5,756$220.5K0.00%−758−11.6%Reduced
Pathway Financial Advisers, LLC5,808$222.4K0.07%+58+1.0%Added
CWM, LLC6,070$232.0K0.00%+1,401+30.0%Added
Ameritas Investment Partners, Inc.6,101$233.7K0.01%00.0%Unchanged
MQS Management LLC6,130$234.8K0.13%+6,130New
Zhang Financial LLC6,258$239.7K0.01%00.0%Unchanged
Mount Yale Investment Advisors, LLC6,274$240.3K0.02%+6,274New
Colony Group, LLC6,390$244.7K0.00%+6,390New
Brinker Capital Investments, LLC6,489$248.5K0.00%+639+10.9%Added
HighTower Advisors, LLC6,532$250.2K0.00%+15+0.2%Added
Contravisory Investment Management, Inc.6,560$251.2K0.05%00.0%Unchanged
Goelzer Investment Management, Inc.6,765$259.1K0.01%00.0%Unchanged
Cetera Investment Advisers6,804$260.6K0.00%+161+2.4%Added
Wealth Enhancement Advisory Services, LLC6,405$261.0K0.00%+6,405New
Norris Perne & French LLP6,834$261.7K0.02%00.0%Unchanged
SG Americas Securities, LLC6,828$262.0K0.00%−9,439−58.0%Reduced
Cary Street Partners Financial LLC6,849$262.3K0.01%00.0%Unchanged
HighPoint Advisor Group LLC6,925$265.2K0.01%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.7,000$268.1K0.01%−2,988−29.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.7,047$269.9K0.00%+7,047New
CIBC World Markets Corp7,192$275.5K0.00%−5,749−44.4%Reduced