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 |
|---|---|---|---|---|---|
| Comerica Bank | 7,268 | $278.3K | 0.00% | −2,661−26.8% | Reduced |
| Integrated Investment Consultants, LLC | 7,268 | $278.4K | 0.05% | −4,433−37.9% | Reduced |
| PDS Planning, Inc | 7,335 | $280.9K | 0.02% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 7,686 | $294.4K | 0.01% | −7,984−51.0% | Reduced |
| Kingsview Wealth Management, LLC | 7,770 | $297.6K | 0.01% | 00.0% | Unchanged |
| Walleye Capital LLC | 7,922 | $303.4K | 0.00% | +7,922 | New |
| Aster Capital Management (DIFC) Ltd | 7,962 | $304.9K | 0.07% | +7,962 | New |
| Polymer Capital Management (US) LLC | 8,102 | $310.3K | 0.05% | −1,371−14.5% | Reduced |
| Prudential Financial Inc | 7,689 | $315.2K | 0.00% | −24,078−75.8% | Reduced |
| Sapient Capital LLC | 8,455 | $323.8K | 0.01% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 8,882 | $340.2K | 0.00% | +8,882 | New |
| Monarch Capital Management Inc | 8,918 | $341.6K | 0.09% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 9,065 | $347.2K | 0.00% | +5,681+167.9% | Added |
| ExodusPoint Capital Management, LP | 9,493 | $364.0K | 0.00% | +9,493 | New |
| Tower Research Capital LLC (TRC) | 9,785 | $374.8K | 0.01% | +6,275+178.8% | Added |
| DRW Securities, LLC | 9,837 | $376.8K | 0.03% | +9,837 | New |
| Minerva Advisors LLC | 9,875 | $378.2K | 0.25% | 00.0% | Unchanged |
| Pictet Asset Management Holding SA | 9,978 | $382.2K | 0.00% | +1,018+11.4% | Added |
| Great West Life Assurance Co | 10,182 | $390.0K | 0.00% | +948+10.3% | Added |
| CWM Advisors, LLC | 10,364 | $396.9K | 0.04% | +1,891+22.3% | Added |
| Rehmann Capital Advisory Group | 10,461 | $400.7K | 0.02% | −985−8.6% | Reduced |
| Cranbrook Wealth Management, LLC | 11,451 | $438.6K | 0.09% | 00.0% | Unchanged |
| EJF Capital LLC | 11,884 | $455.2K | 0.36% | +303+2.6% | Added |
| Engineers Gate Manager LP | 11,968 | $458.4K | 0.01% | −3,451−22.4% | Reduced |
| Connable Office Inc | 12,031 | $460.8K | 0.05% | 00.0% | Unchanged |
| Centiva Capital, LP | 12,081 | $462.7K | 0.03% | +4,141+52.2% | Added |
| KLP Kapitalforvaltning AS | 12,500 | $478.8K | 0.00% | +1,400+12.6% | Added |
| Handelsbanken Fonder AB | 12,516 | $479.0K | 0.00% | 00.0% | Unchanged |
| Atlas Brown,Inc. | 12,589 | $482.2K | 0.15% | +6,184+96.5% | Added |
| Inceptionr LLC | 12,965 | $496.6K | 0.11% | +12,965 | New |
| Police & Firemen's Retirement System of New Jersey | 13,165 | $504.2K | 0.00% | +721+5.8% | Added |
| Kennondale Capital Management LLC | 13,495 | $516.9K | 0.53% | 00.0% | Unchanged |
| Venture Visionary Partners LLC | 13,535 | $518.4K | 0.02% | +60.0% | Added |
| Royal Bank of Canada | 14,009 | $536.0K | 0.00% | +513+3.8% | Added |
| LPL Financial LLC | 14,019 | $536.9K | 0.00% | +169+1.2% | Added |
| Kestra Advisory Services, LLC | 14,061 | $538.5K | 0.00% | −3,865−21.6% | Reduced |
| Brevan Howard Capital Management LP | 14,226 | $544.9K | 0.01% | +752+5.6% | Added |
| RSM US Wealth Management LLC | 14,280 | $546.9K | 0.01% | −150−1.0% | Reduced |
| Intrepid Financial Planning Group LLC | 14,682 | $562.3K | 0.24% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 14,876 | $569.8K | 0.00% | +449+3.1% | Added |
| Quantbot Technologies LP | 15,098 | $578.3K | 0.01% | +15,098 | New |
| Sentinel Pension Advisors Inc | 15,228 | $583.2K | 0.10% | 00.0% | Unchanged |
| Elo Mutual Pension Insurance Co | 15,638 | $598.9K | 0.01% | +15,638 | New |
| Schonfeld Strategic Advisors LLC | 15,714 | $601.8K | 0.00% | +15,714 | New |
| Voya Investment Management LLC | 16,203 | $620.6K | 0.00% | +181+1.1% | Added |
| US Bancorp | 16,960 | $649.6K | 0.00% | +60.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 17,005 | $651.3K | 0.00% | 00.0% | Unchanged |
| Arizona State Retirement System | 17,060 | $653.4K | 0.00% | +265+1.6% | Added |
| Balyasny Asset Management LLC | 17,976 | $688.5K | 0.00% | +17,976 | New |
| Quadrant Capital Group LLC | 18,421 | $705.5K | 0.03% | −360−1.9% | Reduced |
| Advisor Group Holdings, Inc. | 20,302 | $777.9K | 0.00% | −824−3.9% | Reduced |
| Captrust Financial Advisors | 20,892 | $800.2K | 0.00% | −744−3.4% | Reduced |
| Wesbanco Bank Inc | 21,140 | $809.7K | 0.02% | 00.0% | Unchanged |
| IFG Advisory, LLC | 21,370 | $818.5K | 0.04% | 00.0% | Unchanged |
| Natixis Advisors, L.P. | 22,628 | $867.0K | 0.00% | +22,628 | New |
| BCGM Wealth Management, LLC | 22,674 | $868.4K | 0.24% | +60.0% | Added |
| The PNC Financial Services Group, Inc. | 24,650 | $944.1K | 0.00% | +77+0.3% | Added |
| Ensign Peak Advisors, Inc | 24,920 | $954.4K | 0.00% | −5,600−18.3% | Reduced |
| Ieq Capital, LLC | 25,572 | $979.4K | 0.01% | +11,878+86.7% | Added |
| Chicago Partners Investment Group LLC | 23,902 | $985.9K | 0.03% | +252+1.1% | Added |
| State Board of Administration of Florida Retirement System | 26,310 | $1.01M | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 27,300 | $1.04M | 0.00% | +27,300 | New |
| Janus Henderson Group PLC | 27,284 | $1.05M | 0.00% | 00.0% | Unchanged |
| Waterfront Wealth Inc. | 27,412 | $1.05M | 0.24% | +272+1.0% | Added |
| Weiss Asset Management LP | 28,133 | $1.08M | 0.02% | +28,133 | New |
| Citadel Advisors LLC | 29,065 | $1.11M | 0.00% | −55,553−65.7% | Reduced |
| Wedge Capital Management L L P | 29,082 | $1.11M | 0.02% | +2,596+9.8% | Added |
| CIBC World Markets Inc. | 29,623 | $1.13M | 0.00% | +29,623 | New |
| Jones Financial Companies LLLP | 30,010 | $1.16M | 0.00% | +5,313+21.5% | Added |
| Commonwealth Equity Services, LLC | 30,670 | $1.18M | 0.00% | −2,031−6.2% | Reduced |
| Clarkston Capital Partners, LLC | 31,113 | $1.19M | 0.03% | 00.0% | Unchanged |
| Intech Investment Management LLC | 31,571 | $1.21M | 0.01% | −11,689−27.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 31,991 | $1.23M | 0.00% | −2,717−7.8% | Reduced |
| Paradigm Capital Management Inc | 32,000 | $1.23M | 0.06% | 00.0% | Unchanged |
| Stifel Financial Corp | 32,121 | $1.23M | 0.00% | −3,196−9.0% | Reduced |
| Russell Investments Group, Ltd. | 32,493 | $1.24M | 0.00% | −1,846−5.4% | Reduced |
| Aurora Investment Counsel | 32,701 | $1.25M | 0.66% | −426−1.3% | Reduced |
| Old National Bancorp | 33,115 | $1.27M | 0.02% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 33,474 | $1.28M | 0.00% | +6,900+26.0% | Added |
| Sanctuary Advisors, LLC | 34,629 | $1.33M | 0.01% | −5,901−14.6% | Reduced |
| Teacher Retirement System of Texas | 36,012 | $1.38M | 0.01% | −2,447−6.4% | Reduced |
| Thrivent Financial for Lutherans | 36,065 | $1.38M | 0.00% | +7,491+26.2% | Added |
| Brandywine Global Investment Management, LLC | 40,261 | $1.54M | 0.01% | −1,499−3.6% | Reduced |
| Guggenheim Capital LLC | 40,423 | $1.55M | 0.01% | +10,842+36.7% | Added |
| Oppenheimer Asset Management Inc. | 40,459 | $1.55M | 0.02% | −829−2.0% | Reduced |
| Deutsche Bank AG | 41,131 | $1.58M | 0.00% | −4,762−10.4% | Reduced |
| Norges Bank | 41,425 | $1.59M | 0.00% | −60,097−59.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 41,970 | $1.61M | 0.04% | +41,970 | New |
| Rafferty Asset Management, LLC | 43,106 | $1.65M | 0.01% | +7,518+21.1% | Added |
| Tudor Investment Corp Et Al | 44,570 | $1.71M | 0.01% | +44,570 | New |
| Creative Planning | 48,932 | $1.87M | 0.00% | +6,478+15.3% | Added |
| Franklin Resources Inc | 51,322 | $1.97M | 0.00% | −226−0.4% | Reduced |
| Quest Partners LLC | 52,816 | $2.02M | 0.20% | +42,870+431.0% | Added |
| California State Teachers Retirement System | 54,058 | $2.07M | 0.00% | +417+0.8% | Added |
| Wellington Management Group LLP | 54,922 | $2.10M | 0.00% | −11,337−17.1% | Reduced |
| Two Sigma Investments, LP | 55,243 | $2.12M | 0.00% | +9,097+19.7% | Added |
| Mariner, LLC | 56,568 | $2.17M | 0.00% | −2,996−5.0% | Reduced |
| Marshall Wace, LLP | 56,654 | $2.17M | 0.00% | +50,912+886.7% | Added |
| Arrowstreet Capital, Limited Partnership | 58,011 | $2.22M | 0.00% | +58,011 | New |
| Cambridge Investment Research Advisors, Inc. | 61,267 | $2.35M | 0.01% | −106−0.2% | Reduced |