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, Q4 2025
Institutional positions in First Merchants Corp as of Dec 31, 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. Q3 2025
- Shares held
- 43.9M
- +44.9K (+0.1%) vs. Q3 2025
- Total value
- $1.65B
- −$7.88M (−0.5%) vs. Q3 2025
- New holders
- 32
- 98 more added
- Sold out
- 25
- 96 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Franklin Resources Inc | 55,678 | $2.09M | 0.00% | +5,027+9.9% | Added |
| BridgePort Financial Solutions, LLC | 58,107 | $2.18M | 0.59% | +2,281+4.1% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 62,610 | $2.35M | 0.00% | +62,610 | New |
| Trexquant Investment LP | 62,958 | $2.36M | 0.02% | −50,637−44.6% | Reduced |
| Principal Financial Group Inc | 64,083 | $2.40M | 0.00% | −646,425−91.0% | Reduced |
| Two Sigma Investments, LP | 65,339 | $2.45M | 0.00% | +33,090+102.6% | Added |
| Numerai GP LLC | 66,215 | $2.48M | 0.30% | +66,215 | New |
| Price T Rowe Associates Inc | 67,787 | $2.54M | 0.00% | +1,104+1.7% | Added |
| Alliancebernstein L.P. | 68,157 | $2.55M | 0.00% | 00.0% | Unchanged |
| Advisory Research Inc | 68,439 | $2.57M | 0.32% | −3,909−5.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 71,984 | $2.70M | 0.00% | +18,607+34.9% | Added |
| John W. Rosenthal Capital Management, Inc. | 72,064 | $2.70M | 2.50% | 00.0% | Unchanged |
| Quest Partners LLC | 72,395 | $2.71M | 0.15% | +16,051+28.5% | Added |
| Susquehanna International Group, LLP | 74,378 | $2.79M | 0.00% | +16,778+29.1% | Added |
| Stifel Financial Corp | 75,539 | $2.83M | 0.00% | +67,190+804.8% | Added |
| First Financial Bank - Trust Division | 75,779 | $2.84M | 0.23% | 00.0% | Unchanged |
| Inspire Advisors, LLC | 78,081 | $2.93M | 0.27% | +5,226+7.2% | Added |
| Creative Planning | 79,438 | $2.98M | 0.00% | +15,224+23.7% | Added |
| D. E. Shaw & Co., Inc. | 79,870 | $2.99M | 0.00% | −4,737−5.6% | Reduced |
| Mariner, LLC | 80,087 | $3.00M | 0.00% | +22,071+38.0% | Added |
| Rhumbline Advisers | 81,913 | $3.07M | 0.00% | −14,646−15.2% | Reduced |
| Invesco Ltd. | 82,206 | $3.08M | 0.00% | −18,358−18.3% | Reduced |
| Great Lakes Advisors, LLC | 93,324 | $3.50M | 0.03% | −1,798−1.9% | Reduced |
| Petiole USA ltd | 94,047 | $3.52M | 2.28% | 00.0% | Unchanged |
| Dark Forest Capital Management LP | 94,876 | $3.56M | 0.16% | +20,705+27.9% | Added |
| Mendon Capital Advisors Corp | 95,000 | $3.56M | 1.40% | +20,000+26.7% | Added |
| RMB Capital Management, LLC | 98,334 | $3.69M | 0.06% | +22,824+30.2% | Added |
| Wellington Management Group LLP | 99,379 | $3.72M | 0.00% | +99,379 | New |
| Tudor Investment Corp Et Al | 101,567 | $3.81M | 0.02% | +3,044+3.1% | Added |
| Point72 Asset Management, L.P. | 105,180 | $3.94M | 0.01% | +98,906+1,576.4% | Added |
| UBS Asset Management Americas Inc | 105,237 | $3.94M | 0.00% | −3,139−2.9% | Reduced |
| New York State Common Retirement Fund | 109,390 | $4.10M | 0.01% | +4,327+4.1% | Added |
| Barclays PLC | 110,964 | $4.16M | 0.00% | +20,186+22.2% | Added |
| SEI Investments Co | 111,136 | $4.17M | 0.00% | +2,431+2.2% | Added |
| Envestnet Asset Management Inc | 112,011 | $4.20M | 0.00% | −51,401−31.5% | Reduced |
| Swiss National Bank | 114,062 | $4.28M | 0.00% | +1,100+1.0% | Added |
| Ameriprise Financial Inc | 114,469 | $4.29M | 0.00% | −3,464−2.9% | Reduced |
| Nordea Investment Management AB | 121,570 | $4.56M | 0.00% | −17,598−12.6% | Reduced |
| Peregrine Capital Management LLC | 132,924 | $4.98M | 0.15% | −6,544−4.7% | Reduced |
| OneAscent Financial Services LLC | 136,069 | $5.10M | 0.47% | −9,573−6.6% | Reduced |
| UBS Group AG | 165,218 | $6.19M | 0.00% | +42,222+34.3% | Added |
| Bank of America Corp | 166,121 | $6.23M | 0.00% | −31,657−16.0% | Reduced |
| ProShare Advisors LLC | 169,166 | $6.34M | 0.01% | −154,014−47.7% | Reduced |
| Oberweis Asset Management Inc | 196,000 | $7.35M | 0.27% | 00.0% | Unchanged |
| Denali Advisors LLC | 205,200 | $7.69M | 0.85% | +24,600+13.6% | Added |
| Wells Fargo & Company | 218,925 | $8.21M | 0.00% | +8,933+4.3% | Added |
| Glenmede Trust Co NA | 260,721 | $9.77M | 0.05% | +260,721 | New |
| Phocas Financial Corp. | 271,481 | $10.2M | 1.32% | −648−0.2% | Reduced |
| Morgan Stanley | 291,208 | $10.9M | 0.00% | +9,035+3.2% | Added |
| FMR LLC | 305,818 | $11.5M | 0.00% | +59,415+24.1% | Added |
| MetLife Investment Management | 314,574 | $11.8M | 0.06% | −5,035−1.6% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 333,596 | $12.5M | 0.04% | +12,046+3.7% | Added |
| American Century Companies Inc | 346,756 | $13.0M | 0.01% | −241,963−41.1% | Reduced |
| Millennium Management LLC | 357,426 | $13.4M | 0.01% | +124,162+53.2% | Added |
| Fisher Asset Management, LLC | 375,276 | $14.1M | 0.00% | −51,843−12.1% | Reduced |
| AQR Capital Management LLC | 381,302 | $14.3M | 0.01% | +72,895+23.6% | Added |
| Bridgeway Capital Management, LLC | 390,605 | $14.6M | 0.31% | −7,893−2.0% | Reduced |
| Raymond James Financial Inc | 410,023 | $15.4M | 0.00% | −39,965−8.9% | Reduced |
| Ceredex Value Advisors LLC | 413,950 | $15.5M | 0.47% | +72,000+21.1% | Added |
| Manufacturers Life Insurance Company, The | 437,278 | $16.4M | 0.01% | −13,547−3.0% | Reduced |
| Terry L. Blaker | 534,739 | $20.0M | 0.74% | −5,015−0.9% | Reduced |
| Public Employees Retirement Association of Colorado | 546,322 | $20.5M | 0.08% | 00.0% | Unchanged |
| Northern Trust Corp | 566,386 | $21.2M | 0.00% | −46,615−7.6% | Reduced |
| JPMorgan Chase & Co | 605,427 | $22.7M | 0.00% | −86,138−12.5% | Reduced |
| Qube Research & Technologies Ltd | 627,759 | $23.5M | 0.03% | +234,351+59.6% | Added |
| FJ Capital Management LLC | 633,668 | $23.7M | 2.62% | +338,950+115.0% | Added |
| Charles Schwab Investment Management Inc | 681,888 | $25.6M | 0.00% | −4,290−0.6% | Reduced |
| PL Capital Advisors, LLC | 686,333 | $25.7M | 8.11% | 00.0% | Unchanged |
| First Trust Advisors LP | 715,488 | $26.8M | 0.02% | +93,215+15.0% | Added |
| William Blair Investment Management, LLC | 763,904 | $28.6M | 0.08% | −79,270−9.4% | Reduced |
| Bank of New York Mellon Corp | 764,136 | $28.6M | 0.01% | +96,340+14.4% | Added |
| Systematic Financial Management LP | 778,328 | $29.2M | 0.69% | +16,286+2.1% | Added |
| Goldman Sachs Group Inc | 929,244 | $34.8M | 0.00% | −12,447−1.3% | Reduced |
| Victory Capital Management Inc | 956,197 | $35.8M | 0.02% | +8,699+0.9% | Added |
| Nuveen, LLC | 1,058,247 | $39.7M | 0.01% | +104,260+10.9% | Added |
| Capital International Investors | 1,346,300 | $50.5M | 0.01% | 00.0% | Unchanged |
| Geode Capital Management, LLC | 1,431,840 | $53.7M | 0.00% | +2,023+0.1% | Added |
| State Street Corp | 1,974,973 | $74.0M | 0.00% | −80,151−3.9% | Reduced |
| Earnest Partners LLC | 2,310,372 | $86.6M | 0.37% | −135,532−5.5% | Reduced |
| Dimensional Fund Advisors LP | 3,318,040 | $124.4M | 0.03% | −63,365−1.9% | Reduced |
| BlackRock, Inc. | 4,643,686 | $174.0M | 0.00% | +78,494+1.7% | Added |
| Vanguard Group Inc | 5,983,901 | $224.3M | 0.00% | −94,617−1.6% | Reduced |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −234,704−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −46,955−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −19,275−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −18,182−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −12,930−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −10,807−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −9,700−100.0% | Sold out |
| Atlas Brown,Inc. | 0 | $0 | 0.00% | −9,364−100.0% | Sold out |
| Colony Group, LLC | 0 | $0 | 0.00% | −7,620−100.0% | Sold out |
| Prudential Financial Inc | 0 | $0 | 0.00% | −7,764−100.0% | Sold out |
| Hennion & Walsh Asset Management, Inc. | 0 | $0 | 0.00% | −6,839−100.0% | Sold out |
| HighTower Advisors, LLC | 0 | $0 | 0.00% | −6,571−100.0% | Sold out |
| Brinker Capital Investments, LLC | 0 | $0 | 0.00% | −6,361−100.0% | Sold out |
| State of Wisconsin Investment Board | 0 | $0 | 0.00% | −5,806−100.0% | Sold out |
| Ullmann Financial Group, Inc. | 0 | $0 | 0.00% | −5,602−100.0% | Sold out |
| Cambridge Investment Research Advisors, Inc. | 0 | $0 | 0.00% | −5,527−100.0% | Sold out |
| New York State Teachers Retirement System | 0 | $0 | 0.00% | −5,340−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −459−100.0% | Sold out |