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