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, Q3 2025
Institutional positions in First Merchants Corp as of Sep 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
- 282
- +7 vs. Q2 2025
- Shares held
- 44.3M
- +130.8K (+0.3%) vs. Q2 2025
- Total value
- $1.67B
- −$21.8M (−1.3%) vs. Q2 2025
- New holders
- 31
- 106 more added
- Sold out
- 24
- 80 more reduced
3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital Advisors, Ltd. LLC | 4 | $0 | 0.00% | 00.0% | Unchanged |
| Cloud Capital Management, LLC | 12 | $0 | 0.00% | +12 | New |
| Mather Group, LLC. | 2 | $75 | 0.00% | +2 | New |
| HFM Investment Advisors, LLC | 3 | $113 | 0.00% | 00.0% | Unchanged |
| Rialto Wealth Management, LLC | 4 | $151 | 0.00% | 00.0% | Unchanged |
| Bay Harbor Wealth Management, LLC | 5 | $188 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 5 | $189 | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 6 | $227 | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 7 | $264 | 0.00% | +7 | New |
| DiNuzzo Private Wealth, Inc. | 12 | $499 | 0.00% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 15 | $566 | 0.00% | +15 | New |
| Huntington National Bank | 17 | $641 | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 19 | $716 | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 21 | $792 | 0.00% | +5+31.3% | Added |
| Retirement Wealth Solutions LLC | 34 | $1.28K | 0.00% | −103−75.2% | Reduced |
| Cary Street Partner Investment Advisory LLC | 34 | $1.28K | 0.00% | −14−29.2% | Reduced |
| Bell Investment Advisors, Inc | 37 | $1.40K | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 37 | $1.40K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 42 | $1.58K | 0.00% | 00.0% | Unchanged |
| Hemington Wealth Management | 72 | $2.00K | 0.00% | +6+9.1% | Added |
| Private Wealth Management Group, LLC | 55 | $2.07K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 56 | $2.11K | 0.00% | +56 | New |
| Northwestern Mutual Wealth Management Co | 56 | $2.11K | 0.00% | −79−58.5% | Reduced |
| Farther Finance Advisors, LLC | 60 | $2.26K | 0.00% | +12+25.0% | Added |
| Sound Income Strategies, LLC | 89 | $3.32K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 100 | $4.00K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 116 | $4.37K | 0.00% | 00.0% | Unchanged |
| Hillsdale Investment Management Inc. | 140 | $5.28K | 0.00% | 00.0% | Unchanged |
| Central Trust Co | 147 | $5.54K | 0.00% | −147−50.0% | Reduced |
| Root Financial Partners, LLC | 164 | $6.18K | 0.00% | +164 | New |
| Smartleaf Asset Management LLC | 187 | $7.00K | 0.00% | +59+46.1% | Added |
| True Wealth Design, LLC | 227 | $8.56K | 0.00% | +75+49.3% | Added |
| IFP Advisors, Inc | 239 | $9.01K | 0.00% | +21+9.6% | Added |
| Quarry LP | 241 | $9.09K | 0.00% | +241 | New |
| Rothschild Investment LLC | 247 | $9.31K | 0.00% | +82+49.7% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 266 | $10.0K | 0.00% | −77−22.4% | Reduced |
| Harbor Capital Advisors, Inc. | 322 | $12.0K | 0.00% | +5+1.6% | Added |
| Trust Co of Toledo NA | 321 | $12.1K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 323 | $12.2K | 0.00% | +323 | New |
| Optiver Holding B.V. | 330 | $12.4K | 0.00% | +330 | New |
| Parallel Advisors, LLC | 348 | $13.1K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 350 | $13.2K | 0.00% | +350 | New |
| Westside Investment Management, Inc. | 390 | $14.7K | 0.00% | +195+100.0% | Added |
| CX Institutional | 397 | $15.0K | 0.00% | 00.0% | Unchanged |
| Danske Bank A/S | 400 | $15.1K | 0.00% | 00.0% | Unchanged |
| Quantbot Technologies LP | 459 | $17.3K | 0.00% | −14,639−97.0% | Reduced |
| Clearstead Advisors, LLC | 489 | $18.4K | 0.00% | −5,199−91.4% | Reduced |
| Nisa Investment Advisors, LLC | 522 | $19.7K | 0.00% | +18+3.6% | Added |
| GAMMA Investing LLC | 609 | $23.0K | 0.00% | +183+43.0% | Added |
| Covestor Ltd | 617 | $23.0K | 0.01% | +121+24.4% | Added |
| Creative Financial Designs Inc | 650 | $24.5K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 673 | $25.4K | 0.01% | +657+4,106.3% | Added |
| LSV Asset Management | 715 | $27.0K | 0.00% | 00.0% | Unchanged |
| Nomura Asset Management Co Ltd | 750 | $28.3K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 825 | $31.1K | 0.00% | −4−0.5% | Reduced |
| EverSource Wealth Advisors, LLC | 854 | $32.2K | 0.00% | +83+10.8% | Added |
| Indiana Trust & Investment Management CO | 902 | $34.0K | 0.01% | 00.0% | Unchanged |
| Strategic Investment Solutions, Inc. | 1,183 | $44.6K | 0.01% | +10+0.9% | Added |
| CIBC Private Wealth Group, LLC | 1,214 | $45.8K | 0.00% | 00.0% | Unchanged |
| Caldwell Trust Co | 1,300 | $49.0K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 1,369 | $51.6K | 0.00% | +28+2.1% | Added |
| Signaturefd, LLC | 1,496 | $56.4K | 0.00% | −52−3.4% | Reduced |
| GGM Financials LLC | 1,691 | $63.7K | 0.03% | +1,691 | New |
| Ronald Blue Trust, Inc. | 1,784 | $67.3K | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,791 | $67.5K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,800 | $68.0K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,996 | $75.0K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 2,028 | $76.4K | 0.01% | +647+46.9% | Added |
| KBC Group NV | 2,169 | $82.0K | 0.00% | 00.0% | Unchanged |
| Optimum Investment Advisors | 2,253 | $84.9K | 0.03% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 2,445 | $92.0K | 0.00% | +2,445 | New |
| Assetmark, Inc | 2,581 | $97.3K | 0.00% | −525−16.9% | Reduced |
| Point72 Asia (Singapore) Pte. Ltd. | 2,596 | $97.9K | 0.02% | +2,118+443.1% | Added |
| Allworth Financial LP | 3,100 | $116.9K | 0.00% | +279+9.9% | Added |
| Fifth Third Bancorp | 3,109 | $117.2K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 3,742 | $141.1K | 0.00% | −6,043−61.8% | Reduced |
| Sterling Capital Management LLC | 3,836 | $144.6K | 0.00% | +2,336+155.7% | Added |
| Ameritas Investment Partners, Inc. | 5,051 | $190.4K | 0.01% | −1,050−17.2% | Reduced |
| New York State Teachers Retirement System | 5,340 | $201.0K | 0.00% | 00.0% | Unchanged |
| Harbour Trust & Investment Management Co | 5,465 | $206.0K | 0.02% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 5,527 | $208.0K | 0.00% | −55,740−91.0% | Reduced |
| Ullmann Financial Group, Inc. | 5,602 | $211.2K | 0.02% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 5,806 | $218.9K | 0.00% | +358+6.6% | Added |
| Pathway Financial Advisers, LLC | 5,860 | $220.9K | 0.06% | +52+0.9% | Added |
| CIBC Bancorp USA Inc. | 6,222 | $234.6K | 0.00% | +6,222 | New |
| Zhang Financial LLC | 6,258 | $235.9K | 0.01% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 6,274 | $236.5K | 0.00% | +6,274 | New |
| Brinker Capital Investments, LLC | 6,361 | $239.8K | 0.00% | −128−2.0% | Reduced |
| HSBC Holdings PLC | 6,555 | $245.2K | 0.00% | +878+15.5% | Added |
| O'Shaughnessy Asset Management, LLC | 6,525 | $246.0K | 0.00% | +6,525 | New |
| HighTower Advisors, LLC | 6,571 | $247.7K | 0.00% | +39+0.6% | Added |
| Warren Averett Asset Management, LLC | 6,649 | $250.7K | 0.00% | +893+15.5% | Added |
| Two Sigma Advisers, LP | 6,721 | $253.4K | 0.00% | −26,753−79.9% | Reduced |
| Goelzer Investment Management, Inc. | 6,765 | $255.0K | 0.01% | 00.0% | Unchanged |
| Norris Perne & French LLP | 6,834 | $257.6K | 0.02% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 6,839 | $257.8K | 0.01% | −161−2.3% | Reduced |
| Cary Street Partners Financial LLC | 6,849 | $258.2K | 0.01% | 00.0% | Unchanged |
| HighPoint Advisor Group LLC | 6,925 | $261.1K | 0.01% | 00.0% | Unchanged |
| Integrated Investment Consultants, LLC | 7,268 | $274.0K | 0.05% | 00.0% | Unchanged |
| PDS Planning, Inc | 7,335 | $276.5K | 0.02% | 00.0% | Unchanged |