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, Q1 2026
Institutional positions in First Merchants Corp as of Mar 31, 2026. 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
- 300
- +23 vs. Q4 2025
- Shares held
- 46.1M
- +8.26M (+21.8%) vs. Q4 2025
- Total value
- $1.79B
- +$366.4M (+25.8%) vs. Q4 2025
- New holders
- 53
- 128 more added
- Sold out
- 30
- 71 more reduced
5 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,899,356 | $189.8M | 0.00% | +255,670+5.5% | Added |
| Dimensional Fund Advisors LP | 3,596,017 | $139.3M | 0.03% | +277,977+8.4% | Added |
| Vanguard Portfolio Management LLC | 3,359,034 | $130.1M | 0.01% | +3,359,034 | New |
| Vanguard Capital Management LLC | 2,730,611 | $105.8M | 0.00% | +2,730,611 | New |
| Earnest Partners LLC | 2,255,590 | $87.4M | 0.36% | −54,782−2.4% | Reduced |
| State Street Corp | 2,239,768 | $86.7M | 0.00% | +264,795+13.4% | Added |
| Geode Capital Management, LLC | 1,573,781 | $61.0M | 0.00% | +141,941+9.9% | Added |
| Goldman Sachs Group Inc | 1,137,185 | $44.0M | 0.01% | +207,941+22.4% | Added |
| Nuveen, LLC | 1,043,323 | $40.4M | 0.01% | −14,924−1.4% | Reduced |
| Wellington Management Group LLP | 1,007,235 | $39.0M | 0.01% | +907,856+913.5% | Added |
| Victory Capital Management Inc | 994,995 | $38.5M | 0.02% | +38,798+4.1% | Added |
| Systematic Financial Management LP | 861,995 | $33.4M | 0.77% | +83,667+10.7% | Added |
| William Blair Investment Management, LLC | 789,882 | $30.6M | 0.10% | +25,978+3.4% | Added |
| Bank of New York Mellon Corp | 759,670 | $29.4M | 0.01% | −4,466−0.6% | Reduced |
| First Trust Advisors LP | 725,259 | $28.1M | 0.02% | +9,771+1.4% | Added |
| Charles Schwab Investment Management Inc | 719,425 | $27.9M | 0.00% | +37,537+5.5% | Added |
| FJ Capital Management LLC | 711,425 | $27.6M | 3.10% | +77,757+12.3% | Added |
| PL Capital Advisors, LLC | 686,333 | $26.6M | 8.02% | 00.0% | Unchanged |
| Northern Trust Corp | 653,359 | $25.3M | 0.00% | +86,973+15.4% | Added |
| Qube Research & Technologies Ltd | 650,399 | $25.2M | 0.04% | +22,640+3.6% | Added |
| Public Employees Retirement Association of Colorado | 546,322 | $21.2M | 0.08% | 00.0% | Unchanged |
| Terry L. Blaker | 525,158 | $20.3M | 0.77% | −9,581−1.8% | Reduced |
| JPMorgan Chase & Co | 529,718 | $20.2M | 0.00% | −75,709−12.5% | Reduced |
| Manufacturers Life Insurance Company, The | 433,049 | $16.8M | 0.01% | −4,229−1.0% | Reduced |
| Two Sigma Investments, LP | 405,552 | $15.7M | 0.01% | +340,213+520.7% | Added |
| AQR Capital Management LLC | 404,991 | $15.7M | 0.01% | +23,689+6.2% | Added |
| Vanguard Fiduciary Trust Co | 399,116 | $15.5M | 0.00% | +399,116 | New |
| Bridgeway Capital Management, LLC | 396,222 | $15.3M | 0.31% | +5,617+1.4% | Added |
| FMR LLC | 370,935 | $14.4M | 0.00% | +65,117+21.3% | Added |
| American Century Companies Inc | 349,099 | $13.5M | 0.01% | +2,343+0.7% | Added |
| Fisher Asset Management, LLC | 348,861 | $13.5M | 0.00% | −26,415−7.0% | Reduced |
| Raymond James Financial Inc | 344,643 | $13.2M | 0.00% | −65,380−15.9% | Reduced |
| Millennium Management LLC | 328,936 | $12.7M | 0.01% | −28,490−8.0% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 328,017 | $12.7M | 0.04% | −5,579−1.7% | Reduced |
| MetLife Investment Management | 315,967 | $12.2M | 0.06% | +1,393+0.4% | Added |
| Alliancebernstein L.P. | 302,502 | $11.3M | 0.00% | +234,345+343.8% | Added |
| Bank of America Corp | 243,276 | $9.42M | 0.00% | +77,155+46.4% | Added |
| Glenmede Trust Co NA | 238,186 | $9.22M | 0.05% | −22,535−8.6% | Reduced |
| Morgan Stanley | 226,659 | $8.78M | 0.00% | −64,549−22.2% | Reduced |
| Empowered Funds, LLC | 223,027 | $8.64M | 0.06% | +223,027 | New |
| Phocas Financial Corp. | 212,220 | $8.22M | 1.29% | −59,261−21.8% | Reduced |
| Denali Advisors LLC | 205,200 | $7.95M | 0.88% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 201,524 | $7.81M | 0.01% | +127,146+170.9% | Added |
| Wells Fargo & Company | 174,599 | $6.76M | 0.00% | −44,326−20.2% | Reduced |
| ProShare Advisors LLC | 174,146 | $6.74M | 0.01% | +4,980+2.9% | Added |
| Citadel Advisors LLC | 155,213 | $6.01M | 0.00% | +113,113+268.7% | Added |
| SEI Investments Co | 147,699 | $5.72M | 0.01% | +36,563+32.9% | Added |
| Jane Street Group, LLC | 137,969 | $5.34M | 0.01% | +87,889+175.5% | Added |
| UBS Group AG | 131,851 | $5.11M | 0.00% | −33,367−20.2% | Reduced |
| Lynch & Associates | 130,000 | $5.03M | 0.95% | +130,000 | New |
| Envestnet Asset Management Inc | 124,713 | $4.83M | 0.00% | +12,702+11.3% | Added |
| Swiss National Bank | 124,162 | $4.81M | 0.00% | +10,100+8.9% | Added |
| Peregrine Capital Management LLC | 121,255 | $4.70M | 0.17% | −11,669−8.8% | Reduced |
| Nordea Investment Management AB | 117,441 | $4.51M | 0.00% | −4,129−3.4% | Reduced |
| Ameriprise Financial Inc | 114,475 | $4.43M | 0.00% | +60.0% | Added |
| New York State Common Retirement Fund | 112,110 | $4.34M | 0.01% | +2,720+2.5% | Added |
| Great Lakes Advisors, LLC | 108,713 | $4.21M | 0.03% | +15,389+16.5% | Added |
| O'Shaughnessy Asset Management, LLC | 105,259 | $4.08M | 0.02% | +95,122+938.4% | Added |
| UBS Asset Management Americas Inc | 104,637 | $4.05M | 0.00% | −600−0.6% | Reduced |
| Point72 Asset Management, L.P. | 104,585 | $4.05M | 0.01% | −595−0.6% | Reduced |
| Creative Planning | 103,293 | $4.00M | 0.00% | +23,855+30.0% | Added |
| RMB Capital Management, LLC | 98,347 | $3.81M | 0.07% | +130.0% | Added |
| Mendon Capital Advisors Corp | 97,500 | $3.78M | 1.46% | +2,500+2.6% | Added |
| OneAscent Financial Services LLC | 95,331 | $3.69M | 0.20% | −40,738−29.9% | Reduced |
| Petiole USA ltd | 94,047 | $3.64M | 2.55% | 00.0% | Unchanged |
| Numerai GP LLC | 92,693 | $3.59M | 0.36% | +26,478+40.0% | Added |
| Franklin Resources Inc | 89,763 | $3.48M | 0.00% | +34,085+61.2% | Added |
| Dark Forest Capital Management LP | 87,816 | $3.40M | 0.30% | −7,060−7.4% | Reduced |
| Invesco Ltd. | 84,505 | $3.27M | 0.00% | +2,299+2.8% | Added |
| Rhumbline Advisers | 84,083 | $3.26M | 0.00% | +2,170+2.6% | Added |
| Y-Intercept (Hong Kong) Ltd | 84,049 | $3.26M | 0.06% | +75,579+892.3% | Added |
| Stifel Financial Corp | 83,913 | $3.25M | 0.00% | +8,374+11.1% | Added |
| Price T Rowe Associates Inc | 81,434 | $3.15M | 0.00% | +13,647+20.1% | Added |
| Cerity Partners LLC | 78,165 | $3.03M | 0.00% | +65,872+535.8% | Added |
| Mariner, LLC | 77,956 | $3.02M | 0.00% | −2,131−2.7% | Reduced |
| Citigroup Inc | 77,143 | $2.99M | 0.00% | +39,295+103.8% | Added |
| First Financial Bank - Trust Division | 75,779 | $2.93M | 0.24% | 00.0% | Unchanged |
| John W. Rosenthal Capital Management, Inc. | 72,064 | $2.79M | 2.73% | 00.0% | Unchanged |
| Inspire Advisors, LLC | 71,916 | $2.79M | 0.23% | −6,165−7.9% | Reduced |
| California State Teachers Retirement System | 70,839 | $2.74M | 0.00% | +16,873+31.3% | Added |
| Arrowstreet Capital, Limited Partnership | 70,413 | $2.73M | 0.00% | −1,571−2.2% | Reduced |
| Principal Financial Group Inc | 70,397 | $2.73M | 0.00% | +6,314+9.9% | Added |
| Advisory Research Inc | 67,634 | $2.62M | 0.32% | −805−1.2% | Reduced |
| HRT Financial LP | 67,168 | $2.60M | 0.01% | +33,531+99.7% | Added |
| Marshall Wace, LLP | 64,324 | $2.49M | 0.00% | +17,695+37.9% | Added |
| Occudo Quantitative Strategies LP | 57,523 | $2.33M | 0.13% | +32,877+133.4% | Added |
| Deutsche Bank AG | 59,661 | $2.31M | 0.00% | +10,499+21.4% | Added |
| Atom Investors LP | 59,404 | $2.30M | 0.16% | +21,546+56.9% | Added |
| Round Hill Asset Management | 58,496 | $2.27M | 1.48% | +58,496 | New |
| BridgePort Financial Solutions, LLC | 58,107 | $2.25M | 0.64% | 00.0% | Unchanged |
| Vanguard Asset Management, Ltd | 54,271 | $2.10M | 0.00% | +54,271 | New |
| Susquehanna Fundamental Investments, LLC | 53,415 | $2.07M | 0.08% | +33,619+169.8% | Added |
| Man Group plc | 51,042 | $1.98M | 0.00% | +6,585+14.8% | Added |
| Ieq Capital, LLC | 50,922 | $1.97M | 0.01% | +76+0.1% | Added |
| Vanguard Global Advisers, LLC | 48,652 | $1.88M | 0.00% | +48,652 | New |
| Legal & General Group Plc | 47,182 | $1.83M | 0.00% | −7,560−13.8% | Reduced |
| Barclays PLC | 44,496 | $1.72M | 0.00% | −66,468−59.9% | Reduced |
| CBOE Vest Financial, LLC | 41,609 | $1.61M | 0.02% | +3,298+8.6% | Added |
| Guggenheim Capital LLC | 41,606 | $1.61M | 0.01% | −323−0.8% | Reduced |
| Jones Financial Companies LLLP | 38,382 | $1.45M | 0.00% | +3,571+10.3% | Added |