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 |
|---|---|---|---|---|---|
| Raffa Wealth Management, LLC | 1 | $39 | 0.00% | +1 | New |
| Twin Peaks Wealth Advisors, LLC | 1 | $39 | 0.00% | +1 | New |
| Curio Wealth, LLC | 1 | $39 | 0.00% | +1 | New |
| Dunhill Financial, LLC | 1 | $44 | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 2 | $77 | 0.00% | +2 | New |
| Caitong International Asset Management Co., Ltd | 2 | $77 | 0.00% | +2 | New |
| Vermillion Wealth Management, Inc. | 4 | $155 | 0.00% | +4 | New |
| HFM Investment Advisors, LLC | 5 | $194 | 0.00% | +2+66.7% | Added |
| SBI Securities Co., Ltd. | 6 | $232 | 0.00% | +1+20.0% | Added |
| Bay Harbor Wealth Management, LLC | 10 | $387 | 0.00% | +4+66.7% | Added |
| Trust Co | 12 | $465 | 0.00% | 00.0% | Unchanged |
| DiNuzzo Private Wealth, Inc. | 12 | $465 | 0.00% | 00.0% | Unchanged |
| Innovative Asset Advisors Group, LLC | 14 | $542 | 0.00% | +14 | New |
| Keating Financial Advisory Services, Inc. | 17 | $658 | 0.00% | −8−32.0% | Reduced |
| Huntington National Bank | 17 | $658 | 0.00% | 00.0% | Unchanged |
| Retirement Wealth Solutions LLC | 17 | $659 | 0.00% | −17−50.0% | Reduced |
| Rialto Wealth Management, LLC | 21 | $814 | 0.00% | +14+200.0% | Added |
| Capital Advisors, Ltd. LLC | 30 | $1.00K | 0.00% | +26+650.0% | Added |
| Parkside Financial Bank & Trust | 30 | $1.16K | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 31 | $1.20K | 0.00% | +7+29.2% | Added |
| JFS Wealth Advisors, LLC | 34 | $1.32K | 0.00% | −13−27.7% | Reduced |
| WPG Advisers, LLC | 37 | $1.43K | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 41 | $1.59K | 0.00% | −2−4.7% | Reduced |
| Cary Street Partner Investment Advisory LLC | 43 | $1.67K | 0.00% | +3+7.5% | Added |
| Private Wealth Management Group, LLC | 43 | $1.67K | 0.00% | −12−21.8% | Reduced |
| TD Capital Management LLC | 43 | $1.68K | 0.00% | +43 | New |
| Massmutual Trust Co FSB | 49 | $1.90K | 0.00% | +30+157.9% | Added |
| Fortitude Family Office, LLC | 50 | $1.94K | 0.00% | +38+316.7% | Added |
| Bell Investment Advisors, Inc | 52 | $2.01K | 0.00% | 00.0% | Unchanged |
| UMA Financial Services, Inc. | 56 | $2.17K | 0.00% | +14+33.3% | Added |
| CVA Family Office, LLC | 83 | $3.21K | 0.00% | +83 | New |
| Sound Income Strategies, LLC | 89 | $3.50K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 100 | $4.00K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 137 | $5.31K | 0.00% | −18−11.6% | Reduced |
| Kilter Group LLC | 141 | $5.46K | 0.00% | +121+605.0% | Added |
| Central Trust Co | 147 | $5.69K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 152 | $5.89K | 0.00% | −149−49.5% | Reduced |
| Quarry LP | 166 | $6.43K | 0.00% | −114−40.7% | Reduced |
| Advisory Services Network, LLC | 186 | $7.21K | 0.00% | +186 | New |
| Optiver Holding B.V. | 194 | $7.51K | 0.00% | −22−10.2% | Reduced |
| Root Financial Partners, LLC | 248 | $9.61K | 0.00% | +55+28.5% | Added |
| Pinnacle Wealth Planning Services, Inc. | 310 | $12.0K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 317 | $12.3K | 0.00% | +7+2.3% | Added |
| Trust Co of Toledo NA | 321 | $12.4K | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 348 | $13.5K | 0.00% | +28+8.8% | Added |
| JPL Wealth Management, LLC | 350 | $13.6K | 0.00% | +350 | New |
| Versant Capital Management, Inc | 358 | $13.9K | 0.00% | +127+55.0% | Added |
| Kemnay Advisory Services Inc. | 370 | $14.3K | 0.00% | +370 | New |
| Rothschild Investment LLC | 373 | $14.4K | 0.00% | +10+2.8% | Added |
| Essential Partners LLC | 397 | $15.4K | 0.01% | −119−23.1% | Reduced |
| Westside Investment Management, Inc. | 390 | $15.4K | 0.00% | 00.0% | Unchanged |
| CX Institutional | 405 | $16.0K | 0.00% | +4+1.0% | Added |
| Assetmark, Inc | 441 | $17.1K | 0.00% | +330+297.3% | Added |
| Nisa Investment Advisors, LLC | 515 | $19.9K | 0.00% | +11+2.2% | Added |
| Northwestern Mutual Wealth Management Co | 558 | $21.6K | 0.00% | +499+845.8% | Added |
| Farther Finance Advisors, LLC | 587 | $23.1K | 0.00% | −11−1.8% | Reduced |
| Creative Financial Designs Inc | 650 | $25.2K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 650 | $25.2K | 0.00% | +348+115.2% | Added |
| Covestor Ltd | 678 | $26.0K | 0.02% | −364−34.9% | Reduced |
| LSV Asset Management | 715 | $28.0K | 0.00% | 00.0% | Unchanged |
| Nomura Asset Management Co Ltd | 750 | $29.0K | 0.00% | 00.0% | Unchanged |
| Wellington Grp LLC | 768 | $29.7K | 0.01% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 798 | $30.4K | 0.00% | +2+0.3% | Added |
| Indiana Trust & Investment Management CO | 902 | $34.9K | 0.01% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 904 | $35.0K | 0.00% | +64+7.6% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 1,000 | $38.7K | 0.02% | 00.0% | Unchanged |
| GAMMA Investing LLC | 1,123 | $43.5K | 0.00% | +136+13.8% | Added |
| EverSource Wealth Advisors, LLC | 1,146 | $44.4K | 0.00% | +133+13.1% | Added |
| Strategic Investment Solutions, Inc. | 1,206 | $46.7K | 0.01% | +12+1.0% | Added |
| MAI Capital Management | 1,255 | $48.6K | 0.00% | +96+8.3% | Added |
| Caldwell Trust Co | 1,300 | $50.3K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 1,373 | $53.2K | 0.00% | +1,050+325.1% | Added |
| GGM Financials LLC | 1,723 | $66.7K | 0.03% | +17+1.0% | Added |
| Ronald Blue Trust, Inc. | 1,784 | $69.1K | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,791 | $69.4K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,800 | $70.0K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 2,114 | $81.9K | 0.00% | +626+42.1% | Added |
| KBC Group NV | 2,169 | $84.0K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 2,370 | $91.8K | 0.00% | +174+7.9% | Added |
| Aquatic Capital Management LLC | 2,697 | $104.5K | 0.00% | −3,345−55.4% | Reduced |
| State of Alaska, Department of Revenue | 2,960 | $114.0K | 0.00% | +418+16.4% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 3,349 | $129.7K | 0.00% | −59,261−94.7% | Reduced |
| Allworth Financial LP | 3,581 | $138.7K | 0.00% | +157+4.6% | Added |
| Ensign Peak Advisors, Inc | 4,070 | $157.6K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 5,162 | $199.9K | 0.01% | +481+10.3% | Added |
| Colony Group, LLC | 5,283 | $204.6K | 0.00% | +5,283 | New |
| VestGen Advisors, LLC | 5,143 | $205.4K | 0.01% | +5,143 | New |
| Goelzer Investment Management, Inc. | 5,389 | $208.7K | 0.01% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 5,421 | $210.0K | 0.00% | +5,421 | New |
| Harbour Trust & Investment Management Co | 5,465 | $211.7K | 0.02% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 5,511 | $213.4K | 0.00% | +5,511 | New |
| Ullmann Financial Group, Inc. | 5,602 | $217.0K | 0.02% | +5,602 | New |
| Tower Research Capital LLC (TRC) | 5,651 | $218.9K | 0.01% | +4,234+298.8% | Added |
| Evergreen Capital Management LLC | 5,825 | $225.6K | 0.00% | 00.0% | Unchanged |
| Xponance, Inc. | 5,925 | $229.5K | 0.00% | +5,925 | New |
| Capstone Investment Advisors, LLC | 5,948 | $230.4K | 0.00% | +5,948 | New |
| Pathway Financial Advisers, LLC | 5,972 | $231.3K | 0.07% | +59+1.0% | Added |
| State of Wisconsin Investment Board | 6,090 | $235.9K | 0.00% | +6,090 | New |
| Zhang Financial LLC | 6,258 | $242.4K | 0.01% | 00.0% | Unchanged |
| Mount Yale Investment Advisors, LLC | 6,347 | $245.8K | 0.01% | +6,347 | New |