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