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 |
|---|---|---|---|---|---|
| California State Teachers Retirement System | 54,061 | $2.04M | 0.00% | +30.0% | Added |
| Ieq Capital, LLC | 54,171 | $2.04M | 0.01% | +28,599+111.8% | Added |
| BridgePort Financial Solutions, LLC | 55,826 | $2.10M | 0.57% | +55,826 | New |
| Quest Partners LLC | 56,344 | $2.12M | 0.14% | +3,528+6.7% | Added |
| Susquehanna International Group, LLP | 57,600 | $2.17M | 0.00% | −97,783−62.9% | Reduced |
| Mariner, LLC | 58,016 | $2.19M | 0.00% | +1,448+2.6% | Added |
| Legal & General Group Plc | 60,795 | $2.29M | 0.00% | −3,555−5.5% | Reduced |
| Creative Planning | 64,214 | $2.42M | 0.00% | +15,282+31.2% | Added |
| Y-Intercept (Hong Kong) Ltd | 64,791 | $2.44M | 0.06% | +22,821+54.4% | Added |
| Citigroup Inc | 65,566 | $2.47M | 0.00% | −45,612−41.0% | Reduced |
| Price T Rowe Associates Inc | 66,683 | $2.51M | 0.00% | +2,957+4.6% | Added |
| Alliancebernstein L.P. | 68,157 | $2.57M | 0.00% | 00.0% | Unchanged |
| John W. Rosenthal Capital Management, Inc. | 72,064 | $2.72M | 2.61% | −241−0.3% | Reduced |
| Advisory Research Inc | 72,348 | $2.73M | 0.36% | −3,090−4.1% | Reduced |
| Inspire Advisors, LLC | 72,855 | $2.75M | 0.26% | +1,076+1.5% | Added |
| Dark Forest Capital Management LP | 74,171 | $2.80M | 0.11% | −38,869−34.4% | Reduced |
| Mendon Capital Advisors Corp | 75,000 | $2.83M | 1.29% | −37,250−33.2% | Reduced |
| RMB Capital Management, LLC | 75,510 | $2.85M | 0.05% | −24,965−24.8% | Reduced |
| First Financial Bank - Trust Division | 75,779 | $2.86M | 0.24% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 84,607 | $3.19M | 0.00% | +21,111+33.2% | Added |
| Barclays PLC | 90,778 | $3.42M | 0.00% | −40,638−30.9% | Reduced |
| Petiole USA ltd | 94,047 | $3.55M | 2.45% | 00.0% | Unchanged |
| Great Lakes Advisors, LLC | 95,122 | $3.59M | 0.03% | −13,402−12.3% | Reduced |
| Rhumbline Advisers | 96,559 | $3.64M | 0.00% | +3,750+4.0% | Added |
| Tudor Investment Corp Et Al | 98,523 | $3.71M | 0.02% | +53,953+121.1% | Added |
| Invesco Ltd. | 100,564 | $3.79M | 0.00% | −16,024−13.7% | Reduced |
| New York State Common Retirement Fund | 105,063 | $3.96M | 0.01% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 108,376 | $4.09M | 0.00% | −84,187−43.7% | Reduced |
| SEI Investments Co | 108,705 | $4.10M | 0.00% | −2,900−2.6% | Reduced |
| Swiss National Bank | 112,962 | $4.26M | 0.00% | +1,200+1.1% | Added |
| Trexquant Investment LP | 113,595 | $4.28M | 0.04% | +22,078+24.1% | Added |
| Cubist Systematic Strategies, LLC | 113,650 | $4.28M | 0.06% | −12,401−9.8% | Reduced |
| Ameriprise Financial Inc | 117,933 | $4.45M | 0.00% | +50,185+74.1% | Added |
| Jane Street Group, LLC | 119,581 | $4.51M | 0.01% | +28,861+31.8% | Added |
| UBS Group AG | 122,996 | $4.64M | 0.00% | −31,363−20.3% | Reduced |
| Nordea Investment Management AB | 139,168 | $5.24M | 0.00% | +3,379+2.5% | Added |
| Peregrine Capital Management LLC | 139,468 | $5.26M | 0.16% | −415−0.3% | Reduced |
| OneAscent Financial Services LLC | 145,642 | $5.49M | 0.37% | −500−0.3% | Reduced |
| Envestnet Asset Management Inc | 163,412 | $6.16M | 0.00% | −6,773−4.0% | Reduced |
| Denali Advisors LLC | 180,600 | $6.81M | 0.77% | +6,216+3.6% | Added |
| Oberweis Asset Management Inc | 196,000 | $7.39M | 0.28% | 00.0% | Unchanged |
| Bank of America Corp | 197,778 | $7.46M | 0.00% | −11,766−5.6% | Reduced |
| Wells Fargo & Company | 209,992 | $7.92M | 0.00% | +2,753+1.3% | Added |
| Millennium Management LLC | 233,264 | $8.79M | 0.01% | +144,833+163.8% | Added |
| Empowered Funds, LLC | 234,704 | $8.85M | 0.09% | +11,362+5.1% | Added |
| FMR LLC | 246,403 | $9.29M | 0.00% | +26,475+12.0% | Added |
| Phocas Financial Corp. | 272,129 | $10.3M | 1.33% | +5,551+2.1% | Added |
| Morgan Stanley | 282,173 | $10.6M | 0.00% | +36,025+14.6% | Added |
| Glenmede Investment Management, LP | 283,231 | $10.7M | 0.05% | −19,071−6.3% | Reduced |
| FJ Capital Management LLC | 294,718 | $11.1M | 1.19% | +294,718 | New |
| AQR Capital Management LLC | 308,407 | $11.6M | 0.01% | +144,716+88.4% | Added |
| MetLife Investment Management | 319,609 | $12.0M | 0.06% | +47,105+17.3% | Added |
| Hotchkis & Wiley Capital Management LLC | 321,550 | $12.1M | 0.04% | +230,192+252.0% | Added |
| ProShare Advisors LLC | 323,180 | $12.2M | 0.03% | +147,704+84.2% | Added |
| Ceredex Value Advisors LLC | 341,950 | $12.9M | 0.30% | −3,650−1.1% | Reduced |
| Qube Research & Technologies Ltd | 393,408 | $14.8M | 0.02% | +131,504+50.2% | Added |
| Bridgeway Capital Management, LLC | 398,498 | $15.0M | 0.32% | +1,375+0.3% | Added |
| Fisher Asset Management, LLC | 427,119 | $16.1M | 0.01% | −14,669−3.3% | Reduced |
| Raymond James Financial Inc | 449,988 | $17.0M | 0.01% | −9,491−2.1% | Reduced |
| Manufacturers Life Insurance Company, The | 450,825 | $17.0M | 0.01% | −10,490−2.3% | Reduced |
| Terry L. Blaker | 539,754 | $20.3M | 0.77% | +280.0% | Added |
| Public Employees Retirement Association of Colorado | 546,322 | $20.6M | 0.08% | 00.0% | Unchanged |
| American Century Companies Inc | 588,719 | $22.2M | 0.01% | −538,704−47.8% | Reduced |
| Northern Trust Corp | 613,001 | $23.1M | 0.00% | +43,086+7.6% | Added |
| First Trust Advisors LP | 622,273 | $23.5M | 0.02% | −143,979−18.8% | Reduced |
| Bank of New York Mellon Corp | 667,796 | $25.2M | 0.00% | −9,473−1.4% | Reduced |
| Charles Schwab Investment Management Inc | 686,178 | $25.9M | 0.00% | −7,244−1.0% | Reduced |
| PL Capital Advisors, LLC | 686,333 | $25.9M | 8.59% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 691,565 | $26.1M | 0.00% | +13,400+2.0% | Added |
| Principal Financial Group Inc | 710,508 | $26.8M | 0.01% | −47,630−6.3% | Reduced |
| Systematic Financial Management LP | 762,042 | $28.7M | 0.70% | +1,491+0.2% | Added |
| William Blair Investment Management, LLC | 843,174 | $31.8M | 0.08% | +118,495+16.4% | Added |
| Goldman Sachs Group Inc | 941,691 | $35.5M | 0.01% | +15,269+1.6% | Added |
| Victory Capital Management Inc | 947,498 | $35.7M | 0.02% | +73,725+8.4% | Added |
| Nuveen, LLC | 953,987 | $36.0M | 0.01% | +37,350+4.1% | Added |
| Capital International Investors | 1,346,300 | $50.8M | 0.01% | +527,545+64.4% | Added |
| Geode Capital Management, LLC | 1,429,817 | $53.9M | 0.00% | −4720.0% | Reduced |
| State Street Corp | 2,055,124 | $77.5M | 0.00% | +49,499+2.5% | Added |
| Earnest Partners LLC | 2,445,904 | $92.2M | 0.40% | −126,013−4.9% | Reduced |
| Dimensional Fund Advisors LP | 3,381,405 | $127.5M | 0.03% | −24,210−0.7% | Reduced |
| BlackRock, Inc. | 4,565,192 | $172.1M | 0.00% | −44,071−1.0% | Reduced |
| Vanguard Group Inc | 6,078,518 | $229.2M | 0.00% | −107,689−1.7% | Reduced |
| Schroder Investment Management Group | 0 | $0 | 0.00% | −331,163−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −56,654−100.0% | Sold out |
| Wellington Management Group LLP | 0 | $0 | 0.00% | −54,922−100.0% | Sold out |
| Aurora Investment Counsel | 0 | $0 | 0.00% | −32,701−100.0% | Sold out |
| CIBC World Markets Inc. | 0 | $0 | 0.00% | −29,623−100.0% | Sold out |
| Wesbanco Bank Inc | 0 | $0 | 0.00% | −21,140−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −14,226−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −12,965−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −12,081−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −9,837−100.0% | Sold out |
| Polymer Capital Management (US) LLC | 0 | $0 | 0.00% | −8,102−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −7,962−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −7,922−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −7,686−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −7,047−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −6,560−100.0% | Sold out |
| Mount Yale Investment Advisors, LLC | 0 | $0 | 0.00% | −6,274−100.0% | Sold out |
| Emerald Mutual Fund Advisers Trust | 0 | $0 | 0.00% | −4,767−100.0% | Sold out |