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