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 |
|---|---|---|---|---|---|
| Canada Pension Plan Investment Board | 6,800 | $263.4K | 0.00% | −900−11.7% | Reduced |
| Warren Averett Asset Management, LLC | 6,842 | $265.0K | 0.00% | +58+0.9% | Added |
| Norris Perne & French LLP | 6,846 | $265.1K | 0.01% | +12+0.2% | Added |
| Cary Street Partners Financial LLC | 6,849 | $265.3K | 0.01% | 00.0% | Unchanged |
| Entropy Technologies, LP | 6,964 | $269.7K | 0.01% | +6,964 | New |
| Integrated Investment Consultants, LLC | 7,146 | $276.8K | 0.06% | −121−1.7% | Reduced |
| Skopos Labs, Inc. | 7,174 | $277.9K | 0.01% | +7,174 | New |
| PDS Planning, Inc | 7,335 | $284.1K | 0.02% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 7,530 | $291.6K | 0.00% | +7,530 | New |
| Cranbrook Wealth Management, LLC | 7,707 | $298.5K | 0.06% | 00.0% | Unchanged |
| Kingsview Wealth Management, LLC | 7,770 | $300.9K | 0.00% | 00.0% | Unchanged |
| R Squared Ltd | 8,102 | $313.8K | 0.17% | +8,102 | New |
| Holocene Advisors, LP | 8,225 | $318.6K | 0.00% | +8,225 | New |
| Schonfeld Strategic Advisors LLC | 8,399 | $325.3K | 0.00% | −19,069−69.4% | Reduced |
| Rehmann Capital Advisory Group | 8,424 | $326.3K | 0.02% | −20.0% | Reduced |
| Royal Bank of Canada | 8,534 | $331.0K | 0.00% | −707−7.7% | Reduced |
| Sapient Capital LLC | 8,561 | $331.6K | 0.01% | −492−5.4% | Reduced |
| Great West Life Assurance Co | 8,901 | $345.0K | 0.00% | +122+1.4% | Added |
| Pictet Asset Management Holding SA | 8,911 | $345.1K | 0.00% | +1,334+17.6% | Added |
| Monarch Capital Management Inc | 8,918 | $345.4K | 0.08% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 9,353 | $362.2K | 0.00% | −242−2.5% | Reduced |
| RSM US Wealth Management LLC | 9,755 | $377.8K | 0.00% | +43+0.4% | Added |
| Prudential Financial Inc | 9,768 | $378.3K | 0.00% | +9,768 | New |
| HSBC Holdings PLC | 9,761 | $379.2K | 0.00% | −3,144−24.4% | Reduced |
| Connable Office Inc | 10,203 | $395.2K | 0.04% | −1,828−15.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 10,682 | $414.0K | 0.00% | +10,682 | New |
| EJF Capital LLC | 10,870 | $421.0K | 0.30% | −655−5.7% | Reduced |
| Voya Investment Management LLC | 10,883 | $421.5K | 0.00% | +466+4.5% | Added |
| Sterling Capital Management LLC | 11,078 | $429.1K | 0.01% | +7,909+249.6% | Added |
| Watershed Asset Management, L.L.C. | 11,139 | $431.4K | 0.45% | +11,139 | New |
| Kestra Private Wealth Services, LLC | 11,468 | $444.2K | 0.01% | +11,468 | New |
| Fifth Third Bancorp | 11,862 | $459.4K | 0.00% | +9,324+367.4% | Added |
| Intrepid Financial Planning Group LLC | 12,121 | $469.5K | 0.19% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 12,402 | $480.3K | 0.00% | −5,481−30.6% | Reduced |
| Ritholtz Wealth Management | 12,628 | $489.1K | 0.01% | +12,628 | New |
| JustInvest LLC | 12,739 | $493.4K | 0.00% | +12,739 | New |
| Wealth Enhancement Advisory Services, LLC | 12,738 | $502.3K | 0.00% | −941−6.9% | Reduced |
| Brevan Howard Capital Management LP | 13,040 | $505.0K | 0.01% | +7,331+128.4% | Added |
| Stock Yards Bank & Trust Co | 13,175 | $510.3K | 0.02% | +13,175 | New |
| Odyssean, LLC | 13,501 | $522.9K | 0.19% | +13,501 | New |
| CWM Advisors, LLC | 13,502 | $522.9K | 0.03% | +753+5.9% | Added |
| Venture Visionary Partners LLC | 13,554 | $525.0K | 0.02% | +7+0.1% | Added |
| Advisor Group Holdings, Inc. | 13,689 | $530.2K | 0.00% | −630−4.4% | Reduced |
| Freestone Grove Partners LP | 13,765 | $533.1K | 0.00% | +13,765 | New |
| KLP Kapitalforvaltning AS | 13,800 | $534.5K | 0.00% | +1,300+10.4% | Added |
| Kestra Advisory Services, LLC | 14,104 | $546.2K | 0.00% | +15+0.1% | Added |
| Centiva Capital, LP | 14,409 | $558.1K | 0.03% | +14,409 | New |
| XTX Topco Ltd | 14,414 | $558.3K | 0.01% | +14,414 | New |
| Susquehanna Portfolio Strategies, LLC | 14,431 | $558.9K | 0.01% | −11,159−43.6% | Reduced |
| Pathstone Holdings, LLC | 14,966 | $579.6K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 15,026 | $582.0K | 0.01% | −11,228−42.8% | Reduced |
| Sentinel Pension Advisors Inc | 15,228 | $589.8K | 0.09% | 00.0% | Unchanged |
| Cetera Investment Advisers | 15,239 | $590.2K | 0.00% | +4,558+42.7% | Added |
| Vanguard Investments Australia, Ltd. | 15,496 | $600.2K | 0.00% | +15,496 | New |
| Larson Financial Group LLC | 15,889 | $615.4K | 0.02% | +40+0.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 16,294 | $631.1K | 0.00% | −711−4.2% | Reduced |
| GWM Advisors LLC | 16,641 | $644.5K | 0.00% | +16,641 | New |
| State Board of Administration of Florida Retirement System | 16,882 | $653.8K | 0.00% | −9,428−35.8% | Reduced |
| Harbor Capital Advisors, Inc. | 16,978 | $658.0K | 0.05% | +16,661+5,255.8% | Added |
| US Bancorp | 17,012 | $658.9K | 0.00% | +58+0.3% | Added |
| Acadian Asset Management LLC | 17,075 | $661.0K | 0.00% | −1,501−8.1% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 17,211 | $666.6K | 0.01% | +1,065+6.6% | Added |
| Arizona State Retirement System | 17,281 | $669.3K | 0.00% | +1,177+7.3% | Added |
| Handelsbanken Fonder AB | 17,716 | $686.0K | 0.00% | +5,200+41.5% | Added |
| Stratos Wealth Partners, LTD. | 18,004 | $697.3K | 0.01% | +18,004 | New |
| Kennedy Capital Management, Inc. | 18,075 | $700.0K | 0.01% | +18,075 | New |
| Renaissance Technologies LLC | 18,788 | $727.7K | 0.00% | +18,788 | New |
| Thrivent Financial for Lutherans | 18,916 | $732.0K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 20,372 | $789.0K | 0.00% | −1,661−7.5% | Reduced |
| Fox Run Management, L.L.C. | 21,005 | $801.3K | 0.14% | +21,005 | New |
| Engineers Gate Manager LP | 20,972 | $812.2K | 0.01% | −19,740−48.5% | Reduced |
| Quadrant Capital Group LLC | 21,720 | $841.2K | 0.03% | −161−0.7% | Reduced |
| Edgestream Partners, L.P. | 22,324 | $864.6K | 0.03% | +22,324 | New |
| BCGM Wealth Management, LLC | 22,693 | $878.9K | 0.22% | +60.0% | Added |
| Bailard, Inc. | 22,700 | $879.2K | 0.02% | +200+0.9% | Added |
| Captrust Financial Advisors | 23,031 | $892.0K | 0.00% | +722+3.2% | Added |
| Elo Mutual Pension Insurance Co | 23,424 | $907.2K | 0.01% | −21,233−47.5% | Reduced |
| Minerva Advisors LLC | 23,662 | $916.4K | 0.59% | +13,787+139.6% | Added |
| BNP Paribas Arbitrage, SA | 24,178 | $936.4K | 0.00% | +3,226+15.4% | Added |
| STRS Ohio | 25,000 | $968.3K | 0.00% | +1,500+6.4% | Added |
| The PNC Financial Services Group, Inc. | 25,684 | $994.7K | 0.00% | +1,197+4.9% | Added |
| Chicago Partners Investment Group LLC | 25,657 | $1.04M | 0.02% | +393+1.6% | Added |
| Commonwealth Equity Services, LLC | 27,153 | $1.05M | 0.00% | −3,838−12.4% | Reduced |
| Janus Henderson Group PLC | 27,284 | $1.06M | 0.00% | 00.0% | Unchanged |
| Natixis Advisors, L.P. | 28,105 | $1.09M | 0.00% | −369−1.3% | Reduced |
| Waterfront Wealth Inc. | 28,184 | $1.09M | 0.20% | +275+1.0% | Added |
| Old National Bancorp | 28,415 | $1.10M | 0.02% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 29,266 | $1.13M | 0.00% | +2,474+9.2% | Added |
| Wedge Capital Management L L P | 29,323 | $1.14M | 0.02% | +67+0.2% | Added |
| Trexquant Investment LP | 29,415 | $1.14M | 0.01% | −33,543−53.3% | Reduced |
| Quantinno Capital Management LP | 29,669 | $1.15M | 0.00% | +3,374+12.8% | Added |
| LPL Financial LLC | 31,950 | $1.24M | 0.00% | −1,142−3.5% | Reduced |
| Paradigm Capital Management Inc | 32,000 | $1.24M | 0.05% | 00.0% | Unchanged |
| Sanctuary Advisors, LLC | 32,124 | $1.24M | 0.01% | +579+1.8% | Added |
| D. E. Shaw & Co., Inc. | 33,887 | $1.31M | 0.00% | −45,983−57.6% | Reduced |
| Russell Investments Group, Ltd. | 34,224 | $1.33M | 0.00% | −2,236−6.1% | Reduced |
| Oppenheimer Asset Management Inc. | 35,925 | $1.39M | 0.02% | +253+0.7% | Added |
| Rafferty Asset Management, LLC | 36,959 | $1.43M | 0.01% | −2,650−6.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 37,025 | $1.43M | 0.00% | +37,025 | New |
| Balyasny Asset Management LLC | 37,175 | $1.44M | 0.00% | +31,335+536.6% | Added |