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 |
|---|---|---|---|---|---|
| Ameritas Investment Partners, Inc. | 4,681 | $175.4K | 0.01% | −370−7.3% | Reduced |
| Ensign Peak Advisors, Inc | 4,070 | $152.5K | 0.00% | −7,000−63.2% | Reduced |
| Allworth Financial LP | 3,424 | $128.3K | 0.00% | +324+10.5% | Added |
| Sterling Capital Management LLC | 3,169 | $118.8K | 0.00% | −667−17.4% | Reduced |
| Fifth Third Bancorp | 2,538 | $95.1K | 0.00% | −571−18.4% | Reduced |
| State of Alaska, Department of Revenue | 2,542 | $95.0K | 0.00% | +97+4.0% | Added |
| SRS Capital Advisors, Inc. | 2,196 | $82.3K | 0.00% | −17,557−88.9% | Reduced |
| KBC Group NV | 2,169 | $81.0K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,812 | $68.0K | 0.00% | −184−9.2% | Reduced |
| Ancora Advisors, LLC | 1,791 | $67.1K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,800 | $67.0K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 1,784 | $66.9K | 0.00% | 00.0% | Unchanged |
| GGM Financials LLC | 1,706 | $63.9K | 0.03% | +15+0.9% | Added |
| Signaturefd, LLC | 1,488 | $55.8K | 0.00% | −8−0.5% | Reduced |
| Tower Research Capital LLC (TRC) | 1,417 | $53.1K | 0.00% | −2,325−62.1% | Reduced |
| Caldwell Trust Co | 1,300 | $48.7K | 0.00% | 00.0% | Unchanged |
| Strategic Investment Solutions, Inc. | 1,194 | $44.8K | 0.01% | +11+0.9% | Added |
| MAI Capital Management | 1,159 | $43.4K | 0.00% | −210−15.3% | Reduced |
| Covestor Ltd | 1,042 | $39.0K | 0.02% | +425+68.9% | Added |
| EverSource Wealth Advisors, LLC | 1,013 | $38.0K | 0.00% | +159+18.6% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 1,000 | $37.5K | 0.01% | +1,000 | New |
| GAMMA Investing LLC | 987 | $37.0K | 0.00% | +378+62.1% | Added |
| Indiana Trust & Investment Management CO | 902 | $33.8K | 0.01% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 840 | $31.5K | 0.00% | +15+1.8% | Added |
| Smartleaf Asset Management LLC | 796 | $30.0K | 0.00% | +609+325.7% | Added |
| Wellington Grp LLC | 768 | $28.8K | 0.01% | +768 | New |
| Nomura Asset Management Co Ltd | 750 | $28.1K | 0.00% | 00.0% | Unchanged |
| LSV Asset Management | 715 | $27.0K | 0.00% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 650 | $24.4K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 598 | $22.4K | 0.00% | +538+896.7% | Added |
| Essential Partners LLC | 516 | $19.3K | 0.01% | −157−23.3% | Reduced |
| Nisa Investment Advisors, LLC | 504 | $18.9K | 0.00% | −18−3.4% | Reduced |
| Global Retirement Partners, LLC | 476 | $17.8K | 0.00% | +476 | New |
| CX Institutional | 401 | $15.0K | 0.00% | +4+1.0% | Added |
| Danske Bank A/S | 400 | $15.0K | 0.00% | 00.0% | Unchanged |
| Westside Investment Management, Inc. | 390 | $14.6K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 363 | $13.6K | 0.00% | +116+47.0% | Added |
| Torren Management, LLC | 350 | $13.1K | 0.01% | +350 | New |
| Trust Co of Toledo NA | 321 | $12.0K | 0.00% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 317 | $12.0K | 0.00% | −5−1.6% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 320 | $12.0K | 0.00% | +54+20.3% | Added |
| Parallel Advisors, LLC | 310 | $11.7K | 0.00% | −38−10.9% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 310 | $11.6K | 0.00% | +310 | New |
| Los Angeles Capital Management LLC | 323 | $11.6K | 0.00% | +323 | New |
| Rockefeller Capital Management L.P. | 302 | $11.3K | 0.00% | −21−6.5% | Reduced |
| IFP Advisors, Inc | 301 | $11.3K | 0.00% | +62+25.9% | Added |
| Quarry LP | 280 | $10.5K | 0.00% | +39+16.2% | Added |
| Versant Capital Management, Inc | 231 | $8.66K | 0.00% | +115+99.1% | Added |
| Optiver Holding B.V. | 216 | $8.10K | 0.00% | −114−34.5% | Reduced |
| Root Financial Partners, LLC | 193 | $7.23K | 0.00% | +29+17.7% | Added |
| True Wealth Design, LLC | 155 | $5.81K | 0.00% | −72−31.7% | Reduced |
| Central Trust Co | 147 | $5.51K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 111 | $4.16K | 0.00% | −2,470−95.7% | Reduced |
| Bessemer Group Inc | 100 | $4.00K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 89 | $3.39K | 0.00% | 00.0% | Unchanged |
| Dogwood Wealth Management LLC | 62 | $2.32K | 0.00% | +62 | New |
| Northwestern Mutual Wealth Management Co | 59 | $2.21K | 0.00% | +3+5.4% | Added |
| Private Wealth Management Group, LLC | 55 | $2.06K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 52 | $1.95K | 0.00% | +15+40.5% | Added |
| CIBC Private Wealth Group, LLC | 50 | $1.87K | 0.00% | −1,164−95.9% | Reduced |
| JFS Wealth Advisors, LLC | 47 | $1.76K | 0.00% | +5+11.9% | Added |
| Bare Financial Services, Inc | 43 | $1.61K | 0.00% | +43 | New |
| UMA Financial Services, Inc. | 42 | $1.57K | 0.00% | +42 | New |
| Cary Street Partner Investment Advisory LLC | 40 | $1.50K | 0.00% | +6+17.6% | Added |
| WPG Advisers, LLC | 37 | $1.39K | 0.00% | 00.0% | Unchanged |
| Retirement Wealth Solutions LLC | 34 | $1.27K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 30 | $1.13K | 0.00% | +30 | New |
| Keating Financial Advisory Services, Inc. | 25 | $937 | 0.00% | +25 | New |
| SJS Investment Consulting Inc. | 24 | $900 | 0.00% | +18+300.0% | Added |
| Clearstead Advisors, LLC | 21 | $788 | 0.00% | −468−95.7% | Reduced |
| Kilter Group LLC | 20 | $750 | 0.00% | +20 | New |
| Massmutual Trust Co FSB | 19 | $712 | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 17 | $637 | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 12 | $450 | 0.00% | −9−42.9% | Reduced |
| DiNuzzo Private Wealth, Inc. | 12 | $450 | 0.00% | 00.0% | Unchanged |
| Trust Co | 12 | $450 | 0.00% | +12 | New |
| Rialto Wealth Management, LLC | 7 | $263 | 0.00% | +3+75.0% | Added |
| Bay Harbor Wealth Management, LLC | 6 | $224 | 0.00% | +1+20.0% | Added |
| SBI Securities Co., Ltd. | 5 | $187 | 0.00% | 00.0% | Unchanged |
| HFM Investment Advisors, LLC | 3 | $113 | 0.00% | 00.0% | Unchanged |
| Dunhill Financial, LLC | 1 | $43 | 0.00% | +1 | New |
| Capital Advisors, Ltd. LLC | 4 | $0 | 0.00% | 00.0% | Unchanged |
| 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 |