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 |
|---|---|---|---|---|---|
| Aurora Investment Counsel | 32,701 | $1.25M | 0.66% | −426−1.3% | Reduced |
| Russell Investments Group, Ltd. | 32,493 | $1.24M | 0.00% | −1,846−5.4% | Reduced |
| Stifel Financial Corp | 32,121 | $1.23M | 0.00% | −3,196−9.0% | Reduced |
| Paradigm Capital Management Inc | 32,000 | $1.23M | 0.06% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 31,991 | $1.23M | 0.00% | −2,717−7.8% | Reduced |
| Intech Investment Management LLC | 31,571 | $1.21M | 0.01% | −11,689−27.0% | Reduced |
| Clarkston Capital Partners, LLC | 31,113 | $1.19M | 0.03% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 30,670 | $1.18M | 0.00% | −2,031−6.2% | Reduced |
| Jones Financial Companies LLLP | 30,010 | $1.16M | 0.00% | +5,313+21.5% | Added |
| CIBC World Markets Inc. | 29,623 | $1.13M | 0.00% | +29,623 | New |
| Wedge Capital Management L L P | 29,082 | $1.11M | 0.02% | +2,596+9.8% | Added |
| Citadel Advisors LLC | 29,065 | $1.11M | 0.00% | −55,553−65.7% | Reduced |
| Weiss Asset Management LP | 28,133 | $1.08M | 0.02% | +28,133 | New |
| Waterfront Wealth Inc. | 27,412 | $1.05M | 0.24% | +272+1.0% | Added |
| Janus Henderson Group PLC | 27,284 | $1.05M | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 27,300 | $1.04M | 0.00% | +27,300 | New |
| State Board of Administration of Florida Retirement System | 26,310 | $1.01M | 0.00% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 23,902 | $985.9K | 0.03% | +252+1.1% | Added |
| Ieq Capital, LLC | 25,572 | $979.4K | 0.01% | +11,878+86.7% | Added |
| Ensign Peak Advisors, Inc | 24,920 | $954.4K | 0.00% | −5,600−18.3% | Reduced |
| The PNC Financial Services Group, Inc. | 24,650 | $944.1K | 0.00% | +77+0.3% | Added |
| BCGM Wealth Management, LLC | 22,674 | $868.4K | 0.24% | +60.0% | Added |
| Natixis Advisors, L.P. | 22,628 | $867.0K | 0.00% | +22,628 | New |
| IFG Advisory, LLC | 21,370 | $818.5K | 0.04% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 21,140 | $809.7K | 0.02% | 00.0% | Unchanged |
| Captrust Financial Advisors | 20,892 | $800.2K | 0.00% | −744−3.4% | Reduced |
| Advisor Group Holdings, Inc. | 20,302 | $777.9K | 0.00% | −824−3.9% | Reduced |
| Quadrant Capital Group LLC | 18,421 | $705.5K | 0.03% | −360−1.9% | Reduced |
| Balyasny Asset Management LLC | 17,976 | $688.5K | 0.00% | +17,976 | New |
| Arizona State Retirement System | 17,060 | $653.4K | 0.00% | +265+1.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 17,005 | $651.3K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 16,960 | $649.6K | 0.00% | +60.0% | Added |
| Voya Investment Management LLC | 16,203 | $620.6K | 0.00% | +181+1.1% | Added |
| Schonfeld Strategic Advisors LLC | 15,714 | $601.8K | 0.00% | +15,714 | New |
| Elo Mutual Pension Insurance Co | 15,638 | $598.9K | 0.01% | +15,638 | New |
| Sentinel Pension Advisors Inc | 15,228 | $583.2K | 0.10% | 00.0% | Unchanged |
| Quantbot Technologies LP | 15,098 | $578.3K | 0.01% | +15,098 | New |
| Pathstone Holdings, LLC | 14,876 | $569.8K | 0.00% | +449+3.1% | Added |
| Intrepid Financial Planning Group LLC | 14,682 | $562.3K | 0.24% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 14,280 | $546.9K | 0.01% | −150−1.0% | Reduced |
| Brevan Howard Capital Management LP | 14,226 | $544.9K | 0.01% | +752+5.6% | Added |
| Kestra Advisory Services, LLC | 14,061 | $538.5K | 0.00% | −3,865−21.6% | Reduced |
| LPL Financial LLC | 14,019 | $536.9K | 0.00% | +169+1.2% | Added |
| Royal Bank of Canada | 14,009 | $536.0K | 0.00% | +513+3.8% | Added |
| Venture Visionary Partners LLC | 13,535 | $518.4K | 0.02% | +60.0% | Added |
| Kennondale Capital Management LLC | 13,495 | $516.9K | 0.53% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 13,165 | $504.2K | 0.00% | +721+5.8% | Added |
| Inceptionr LLC | 12,965 | $496.6K | 0.11% | +12,965 | New |
| Atlas Brown,Inc. | 12,589 | $482.2K | 0.15% | +6,184+96.5% | Added |
| Handelsbanken Fonder AB | 12,516 | $479.0K | 0.00% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 12,500 | $478.8K | 0.00% | +1,400+12.6% | Added |
| Centiva Capital, LP | 12,081 | $462.7K | 0.03% | +4,141+52.2% | Added |
| Connable Office Inc | 12,031 | $460.8K | 0.05% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 11,968 | $458.4K | 0.01% | −3,451−22.4% | Reduced |
| EJF Capital LLC | 11,884 | $455.2K | 0.36% | +303+2.6% | Added |
| Cranbrook Wealth Management, LLC | 11,451 | $438.6K | 0.09% | 00.0% | Unchanged |
| Rehmann Capital Advisory Group | 10,461 | $400.7K | 0.02% | −985−8.6% | Reduced |
| CWM Advisors, LLC | 10,364 | $396.9K | 0.04% | +1,891+22.3% | Added |
| Great West Life Assurance Co | 10,182 | $390.0K | 0.00% | +948+10.3% | Added |
| Pictet Asset Management Holding SA | 9,978 | $382.2K | 0.00% | +1,018+11.4% | Added |
| Minerva Advisors LLC | 9,875 | $378.2K | 0.25% | 00.0% | Unchanged |
| DRW Securities, LLC | 9,837 | $376.8K | 0.03% | +9,837 | New |
| Tower Research Capital LLC (TRC) | 9,785 | $374.8K | 0.01% | +6,275+178.8% | Added |
| ExodusPoint Capital Management, LP | 9,493 | $364.0K | 0.00% | +9,493 | New |
| BNP Paribas Arbitrage, SA | 9,065 | $347.2K | 0.00% | +5,681+167.9% | Added |
| Monarch Capital Management Inc | 8,918 | $341.6K | 0.09% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 8,882 | $340.2K | 0.00% | +8,882 | New |
| Sapient Capital LLC | 8,455 | $323.8K | 0.01% | 00.0% | Unchanged |
| Prudential Financial Inc | 7,689 | $315.2K | 0.00% | −24,078−75.8% | Reduced |
| Polymer Capital Management (US) LLC | 8,102 | $310.3K | 0.05% | −1,371−14.5% | Reduced |
| Aster Capital Management (DIFC) Ltd | 7,962 | $304.9K | 0.07% | +7,962 | New |
| Walleye Capital LLC | 7,922 | $303.4K | 0.00% | +7,922 | New |
| Kingsview Wealth Management, LLC | 7,770 | $297.6K | 0.01% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 7,686 | $294.4K | 0.01% | −7,984−51.0% | Reduced |
| PDS Planning, Inc | 7,335 | $280.9K | 0.02% | 00.0% | Unchanged |
| Integrated Investment Consultants, LLC | 7,268 | $278.4K | 0.05% | −4,433−37.9% | Reduced |
| Comerica Bank | 7,268 | $278.3K | 0.00% | −2,661−26.8% | Reduced |
| CIBC World Markets Corp | 7,192 | $275.5K | 0.00% | −5,749−44.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 7,047 | $269.9K | 0.00% | +7,047 | New |
| Hennion & Walsh Asset Management, Inc. | 7,000 | $268.1K | 0.01% | −2,988−29.9% | Reduced |
| HighPoint Advisor Group LLC | 6,925 | $265.2K | 0.01% | 00.0% | Unchanged |
| Cary Street Partners Financial LLC | 6,849 | $262.3K | 0.01% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 6,828 | $262.0K | 0.00% | −9,439−58.0% | Reduced |
| Norris Perne & French LLP | 6,834 | $261.7K | 0.02% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 6,405 | $261.0K | 0.00% | +6,405 | New |
| Cetera Investment Advisers | 6,804 | $260.6K | 0.00% | +161+2.4% | Added |
| Goelzer Investment Management, Inc. | 6,765 | $259.1K | 0.01% | 00.0% | Unchanged |
| Contravisory Investment Management, Inc. | 6,560 | $251.2K | 0.05% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 6,532 | $250.2K | 0.00% | +15+0.2% | Added |
| Brinker Capital Investments, LLC | 6,489 | $248.5K | 0.00% | +639+10.9% | Added |
| Colony Group, LLC | 6,390 | $244.7K | 0.00% | +6,390 | New |
| Mount Yale Investment Advisors, LLC | 6,274 | $240.3K | 0.02% | +6,274 | New |
| Zhang Financial LLC | 6,258 | $239.7K | 0.01% | 00.0% | Unchanged |
| MQS Management LLC | 6,130 | $234.8K | 0.13% | +6,130 | New |
| Ameritas Investment Partners, Inc. | 6,101 | $233.7K | 0.01% | 00.0% | Unchanged |
| CWM, LLC | 6,070 | $232.0K | 0.00% | +1,401+30.0% | Added |
| Pathway Financial Advisers, LLC | 5,808 | $222.4K | 0.07% | +58+1.0% | Added |
| Warren Averett Asset Management, LLC | 5,756 | $220.5K | 0.00% | −758−11.6% | Reduced |
| HSBC Holdings PLC | 5,677 | $219.0K | 0.00% | −1,089−16.1% | Reduced |
| Clearstead Advisors, LLC | 5,688 | $217.9K | 0.00% | +240+4.4% | Added |