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 |
|---|---|---|---|---|---|
| Mercer Global Advisors Inc | 7,570 | $285.4K | 0.00% | +7,570 | New |
| Pictet Asset Management Holding SA | 7,577 | $285.7K | 0.00% | −2,401−24.1% | Reduced |
| Cranbrook Wealth Management, LLC | 7,707 | $290.6K | 0.06% | −3,744−32.7% | Reduced |
| Prudential Financial Inc | 7,764 | $292.7K | 0.00% | +75+1.0% | Added |
| Kingsview Wealth Management, LLC | 7,770 | $292.9K | 0.00% | 00.0% | Unchanged |
| Verition Fund Management LLC | 7,847 | $295.8K | 0.00% | +7,847 | New |
| Colony Group, LLC | 7,620 | $298.8K | 0.00% | +1,230+19.2% | Added |
| Stifel Financial Corp | 8,349 | $314.8K | 0.00% | −23,772−74.0% | Reduced |
| Sapient Capital LLC | 8,455 | $316.6K | 0.00% | 00.0% | Unchanged |
| Twinbeech Capital LP | 8,702 | $328.1K | 0.01% | +8,702 | New |
| Monarch Capital Management Inc | 8,918 | $336.2K | 0.08% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 9,067 | $341.8K | 0.00% | −8,909−49.6% | Reduced |
| Comerica Bank | 9,153 | $345.1K | 0.00% | +1,885+25.9% | Added |
| Atlas Brown,Inc. | 9,364 | $353.0K | 0.10% | −3,225−25.6% | Reduced |
| Entropy Technologies, LP | 9,700 | $365.7K | 0.03% | +9,700 | New |
| RSM US Wealth Management LLC | 9,818 | $370.1K | 0.00% | −4,462−31.2% | Reduced |
| Minerva Advisors LLC | 9,875 | $372.3K | 0.24% | 00.0% | Unchanged |
| Great West Life Assurance Co | 10,169 | $381.0K | 0.00% | −13−0.1% | Reduced |
| Rehmann Capital Advisory Group | 10,460 | $394.4K | 0.02% | −10.0% | Reduced |
| Cetera Investment Advisers | 10,692 | $403.1K | 0.00% | +3,888+57.1% | Added |
| Voya Investment Management LLC | 10,715 | $404.0K | 0.00% | −5,488−33.9% | Reduced |
| Semanteon Capital Management, LP | 10,807 | $407.4K | 0.51% | +10,807 | New |
| Ensign Peak Advisors, Inc | 11,070 | $417.3K | 0.00% | −13,850−55.6% | Reduced |
| Acadian Asset Management LLC | 11,657 | $439.0K | 0.00% | +11,657 | New |
| Connable Office Inc | 12,031 | $453.6K | 0.04% | 00.0% | Unchanged |
| CWM Advisors, LLC | 12,296 | $463.6K | 0.05% | +1,932+18.6% | Added |
| KLP Kapitalforvaltning AS | 12,500 | $471.3K | 0.00% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 12,516 | $472.0K | 0.00% | 00.0% | Unchanged |
| Cerity Partners LLC | 12,643 | $476.6K | 0.00% | +7,348+138.8% | Added |
| Weiss Asset Management LP | 12,930 | $487.5K | 0.01% | −15,203−54.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 12,822 | $487.9K | 0.00% | +6,417+100.2% | Added |
| Campbell & CO Investment Adviser LLC | 13,028 | $491.2K | 0.04% | +13,028 | New |
| Venture Visionary Partners LLC | 13,541 | $510.5K | 0.02% | +60.0% | Added |
| Kestra Advisory Services, LLC | 14,075 | $530.6K | 0.00% | +14+0.1% | Added |
| LPL Financial LLC | 14,632 | $551.6K | 0.00% | +613+4.4% | Added |
| Schonfeld Strategic Advisors LLC | 14,865 | $560.4K | 0.00% | −849−5.4% | Reduced |
| Royal Bank of Canada | 15,166 | $572.0K | 0.00% | +1,157+8.3% | Added |
| Sentinel Pension Advisors Inc | 15,228 | $574.1K | 0.09% | 00.0% | Unchanged |
| Occudo Quantitative Strategies LP | 15,704 | $592.0K | 0.07% | +15,704 | New |
| Larson Financial Group LLC | 15,821 | $596.5K | 0.02% | +12,812+425.8% | Added |
| Police & Firemen's Retirement System of New Jersey | 16,146 | $608.7K | 0.00% | +2,981+22.6% | Added |
| MQS Management LLC | 16,187 | $610.3K | 0.36% | +10,057+164.1% | Added |
| Intrepid Financial Planning Group LLC | 16,281 | $613.8K | 0.23% | +1,599+10.9% | Added |
| US Bancorp | 16,985 | $640.3K | 0.00% | +25+0.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 17,005 | $641.1K | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 17,032 | $642.0K | 0.00% | −10,268−37.6% | Reduced |
| Arizona State Retirement System | 17,225 | $649.4K | 0.00% | +165+1.0% | Added |
| Pathstone Holdings, LLC | 17,337 | $653.6K | 0.00% | +2,461+16.5% | Added |
| Engineers Gate Manager LP | 17,628 | $664.6K | 0.01% | +5,660+47.3% | Added |
| Gsa Capital Partners LLP | 18,182 | $685.0K | 0.06% | +18,182 | New |
| Quadrant Capital Group LLC | 18,421 | $694.5K | 0.02% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 17,135 | $702.5K | 0.00% | −3,167−15.6% | Reduced |
| Thrivent Financial for Lutherans | 18,916 | $713.0K | 0.00% | −17,149−47.6% | Reduced |
| Aquatic Capital Management LLC | 19,013 | $716.8K | 0.01% | +16,262+591.1% | Added |
| Kennondale Capital Management LLC | 19,259 | $726.1K | 0.56% | +5,764+42.7% | Added |
| CI Private Wealth, LLC | 19,275 | $726.7K | 0.00% | −59,283−75.5% | Reduced |
| SRS Capital Advisors, Inc. | 19,753 | $744.7K | 0.01% | +19,724+68,013.8% | Added |
| Quantinno Capital Management LP | 19,852 | $748.4K | 0.00% | +10,970+123.5% | Added |
| Bailard, Inc. | 20,000 | $754.0K | 0.02% | +20,000 | New |
| CWM, LLC | 20,514 | $773.0K | 0.00% | +14,444+238.0% | Added |
| IFG Advisory, LLC | 20,995 | $791.5K | 0.04% | −375−1.8% | Reduced |
| Voloridge Investment Management, LLC | 21,598 | $814.2K | 0.00% | +21,598 | New |
| Teacher Retirement System of Texas | 21,744 | $819.7K | 0.00% | −14,268−39.6% | Reduced |
| Man Group plc | 21,916 | $826.2K | 0.00% | +21,916 | New |
| Captrust Financial Advisors | 22,380 | $843.7K | 0.00% | +1,488+7.1% | Added |
| Natixis Advisors, L.P. | 22,474 | $847.0K | 0.00% | −154−0.7% | Reduced |
| BCGM Wealth Management, LLC | 22,680 | $855.0K | 0.22% | +60.0% | Added |
| STRS Ohio | 23,500 | $886.0K | 0.00% | −159,752−87.2% | Reduced |
| Chicago Partners Investment Group LLC | 24,929 | $912.2K | 0.02% | +1,027+4.3% | Added |
| ExodusPoint Capital Management, LP | 24,535 | $925.0K | 0.01% | +15,042+158.5% | Added |
| State Board of Administration of Florida Retirement System | 26,310 | $991.9K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 26,858 | $1.01M | 0.00% | −2,207−7.6% | Reduced |
| Waterfront Wealth Inc. | 27,653 | $1.02M | 0.21% | +241+0.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 27,119 | $1.02M | 0.00% | −4,872−15.2% | Reduced |
| Janus Henderson Group PLC | 27,284 | $1.03M | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 28,017 | $1.06M | 0.00% | +3,367+13.7% | Added |
| BNP Paribas Arbitrage, SA | 28,467 | $1.07M | 0.00% | +19,402+214.0% | Added |
| Wedge Capital Management L L P | 28,683 | $1.08M | 0.02% | −399−1.4% | Reduced |
| Intech Investment Management LLC | 28,937 | $1.09M | 0.01% | −2,634−8.3% | Reduced |
| EJF Capital LLC | 29,697 | $1.12M | 0.65% | +17,813+149.9% | Added |
| SG Americas Securities, LLC | 30,156 | $1.14M | 0.00% | +23,328+341.7% | Added |
| Paradigm Capital Management Inc | 32,000 | $1.21M | 0.05% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 32,249 | $1.22M | 0.00% | −22,994−41.6% | Reduced |
| Commonwealth Equity Services, LLC | 32,593 | $1.23M | 0.00% | +1,923+6.3% | Added |
| Old National Bancorp | 33,115 | $1.25M | 0.02% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 32,669 | $1.25M | 0.00% | +2,659+8.9% | Added |
| CBOE Vest Financial, LLC | 34,399 | $1.30M | 0.02% | +34,399 | New |
| Clarkston Capital Partners, LLC | 34,696 | $1.31M | 0.03% | +3,583+11.5% | Added |
| Susquehanna Portfolio Strategies, LLC | 35,013 | $1.32M | 0.02% | +35,013 | New |
| Russell Investments Group, Ltd. | 35,658 | $1.34M | 0.00% | +3,165+9.7% | Added |
| Sanctuary Advisors, LLC | 35,913 | $1.35M | 0.01% | +1,284+3.7% | Added |
| Elo Mutual Pension Insurance Co | 37,124 | $1.40M | 0.02% | +21,486+137.4% | Added |
| Brandywine Global Investment Management, LLC | 38,873 | $1.47M | 0.01% | −1,388−3.4% | Reduced |
| Oppenheimer Asset Management Inc. | 39,980 | $1.51M | 0.02% | −479−1.2% | Reduced |
| Guggenheim Capital LLC | 42,705 | $1.61M | 0.01% | +2,282+5.6% | Added |
| Deutsche Bank AG | 46,380 | $1.75M | 0.00% | +5,249+12.8% | Added |
| Edgestream Partners, L.P. | 46,955 | $1.77M | 0.05% | −112,536−70.6% | Reduced |
| Rafferty Asset Management, LLC | 49,356 | $1.86M | 0.01% | +6,250+14.5% | Added |
| Franklin Resources Inc | 50,651 | $1.91M | 0.00% | −671−1.3% | Reduced |
| Arrowstreet Capital, Limited Partnership | 53,377 | $2.01M | 0.00% | −4,634−8.0% | Reduced |