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 |
|---|---|---|---|---|---|
| Ullmann Financial Group, Inc. | 5,602 | $211.2K | 0.02% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 5,527 | $208.0K | 0.00% | −55,740−91.0% | Reduced |
| Harbour Trust & Investment Management Co | 5,465 | $206.0K | 0.02% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 5,340 | $201.0K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 5,051 | $190.4K | 0.01% | −1,050−17.2% | Reduced |
| Sterling Capital Management LLC | 3,836 | $144.6K | 0.00% | +2,336+155.7% | Added |
| Tower Research Capital LLC (TRC) | 3,742 | $141.1K | 0.00% | −6,043−61.8% | Reduced |
| Fifth Third Bancorp | 3,109 | $117.2K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 3,100 | $116.9K | 0.00% | +279+9.9% | Added |
| Point72 Asia (Singapore) Pte. Ltd. | 2,596 | $97.9K | 0.02% | +2,118+443.1% | Added |
| Assetmark, Inc | 2,581 | $97.3K | 0.00% | −525−16.9% | Reduced |
| State of Alaska, Department of Revenue | 2,445 | $92.0K | 0.00% | +2,445 | New |
| Optimum Investment Advisors | 2,253 | $84.9K | 0.03% | 00.0% | Unchanged |
| KBC Group NV | 2,169 | $82.0K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 2,028 | $76.4K | 0.01% | +647+46.9% | Added |
| Amalgamated Bank | 1,996 | $75.0K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,800 | $68.0K | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,791 | $67.5K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 1,784 | $67.3K | 0.00% | 00.0% | Unchanged |
| GGM Financials LLC | 1,691 | $63.7K | 0.03% | +1,691 | New |
| Signaturefd, LLC | 1,496 | $56.4K | 0.00% | −52−3.4% | Reduced |
| MAI Capital Management | 1,369 | $51.6K | 0.00% | +28+2.1% | Added |
| Caldwell Trust Co | 1,300 | $49.0K | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 1,214 | $45.8K | 0.00% | 00.0% | Unchanged |
| Strategic Investment Solutions, Inc. | 1,183 | $44.6K | 0.01% | +10+0.9% | Added |
| Indiana Trust & Investment Management CO | 902 | $34.0K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 854 | $32.2K | 0.00% | +83+10.8% | Added |
| Public Employees Retirement System of Ohio | 825 | $31.1K | 0.00% | −4−0.5% | Reduced |
| Nomura Asset Management Co Ltd | 750 | $28.3K | 0.00% | 00.0% | Unchanged |
| LSV Asset Management | 715 | $27.0K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 673 | $25.4K | 0.01% | +657+4,106.3% | Added |
| Creative Financial Designs Inc | 650 | $24.5K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 617 | $23.0K | 0.01% | +121+24.4% | Added |
| GAMMA Investing LLC | 609 | $23.0K | 0.00% | +183+43.0% | Added |
| Nisa Investment Advisors, LLC | 522 | $19.7K | 0.00% | +18+3.6% | Added |
| Clearstead Advisors, LLC | 489 | $18.4K | 0.00% | −5,199−91.4% | Reduced |
| Quantbot Technologies LP | 459 | $17.3K | 0.00% | −14,639−97.0% | Reduced |
| Danske Bank A/S | 400 | $15.1K | 0.00% | 00.0% | Unchanged |
| CX Institutional | 397 | $15.0K | 0.00% | 00.0% | Unchanged |
| Westside Investment Management, Inc. | 390 | $14.7K | 0.00% | +195+100.0% | Added |
| JPL Wealth Management, LLC | 350 | $13.2K | 0.00% | +350 | New |
| Parallel Advisors, LLC | 348 | $13.1K | 0.00% | 00.0% | Unchanged |
| Optiver Holding B.V. | 330 | $12.4K | 0.00% | +330 | New |
| Rockefeller Capital Management L.P. | 323 | $12.2K | 0.00% | +323 | New |
| Trust Co of Toledo NA | 321 | $12.1K | 0.00% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 322 | $12.0K | 0.00% | +5+1.6% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 266 | $10.0K | 0.00% | −77−22.4% | Reduced |
| Rothschild Investment LLC | 247 | $9.31K | 0.00% | +82+49.7% | Added |
| Quarry LP | 241 | $9.09K | 0.00% | +241 | New |
| IFP Advisors, Inc | 239 | $9.01K | 0.00% | +21+9.6% | Added |
| True Wealth Design, LLC | 227 | $8.56K | 0.00% | +75+49.3% | Added |
| Smartleaf Asset Management LLC | 187 | $7.00K | 0.00% | +59+46.1% | Added |
| Root Financial Partners, LLC | 164 | $6.18K | 0.00% | +164 | New |
| Central Trust Co | 147 | $5.54K | 0.00% | −147−50.0% | Reduced |
| Hillsdale Investment Management Inc. | 140 | $5.28K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 116 | $4.37K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 100 | $4.00K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 89 | $3.32K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 60 | $2.26K | 0.00% | +12+25.0% | Added |
| Northwestern Mutual Wealth Management Co | 56 | $2.11K | 0.00% | −79−58.5% | Reduced |
| Stone House Investment Management, LLC | 56 | $2.11K | 0.00% | +56 | New |
| Private Wealth Management Group, LLC | 55 | $2.07K | 0.00% | 00.0% | Unchanged |
| Hemington Wealth Management | 72 | $2.00K | 0.00% | +6+9.1% | Added |
| JFS Wealth Advisors, LLC | 42 | $1.58K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 37 | $1.40K | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 37 | $1.40K | 0.00% | 00.0% | Unchanged |
| 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 |
| Fortitude Family Office, LLC | 21 | $792 | 0.00% | +5+31.3% | Added |
| Massmutual Trust Co FSB | 19 | $716 | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 17 | $641 | 0.00% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 15 | $566 | 0.00% | +15 | New |
| DiNuzzo Private Wealth, Inc. | 12 | $499 | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 7 | $264 | 0.00% | +7 | New |
| SJS Investment Consulting Inc. | 6 | $227 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 5 | $189 | 0.00% | 00.0% | Unchanged |
| Bay Harbor Wealth Management, LLC | 5 | $188 | 0.00% | 00.0% | Unchanged |
| Rialto Wealth Management, LLC | 4 | $151 | 0.00% | 00.0% | Unchanged |
| HFM Investment Advisors, LLC | 3 | $113 | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 2 | $75 | 0.00% | +2 | New |
| Capital Advisors, Ltd. LLC | 4 | $0 | 0.00% | 00.0% | Unchanged |
| Cloud Capital Management, LLC | 12 | $0 | 0.00% | +12 | New |
| 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 |