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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, Q2 2026

Institutional positions in First Merchants Corp as of Jun 30, 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
308
+11 vs. Q1 2026
Shares held
46.7M
+601.4K (+1.3%) vs. Q1 2026
Total value
$2.04B
+$254.5M (+14.3%) vs. Q1 2026
New holders
34
128 more added
Sold out
23
87 more reduced

3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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.

Institutional holdersQ2 2026: 308 institutions
Q1 2021: 193 institutionsQ2 2021: 197 institutionsQ3 2021: 208 institutionsQ4 2021: 205 institutionsQ1 2022: 210 institutionsQ2 2022: 222 institutionsQ3 2022: 221 institutionsQ4 2022: 230 institutionsQ1 2023: 211 institutionsQ2 2023: 211 institutionsQ3 2023: 213 institutionsQ4 2023: 229 institutionsQ1 2024: 233 institutionsQ2 2024: 231 institutionsQ3 2024: 243 institutionsQ4 2024: 254 institutionsQ1 2025: 273 institutionsQ2 2025: 278 institutionsQ3 2025: 282 institutionsQ4 2025: 282 institutionsQ1 2026: 300 institutionsQ2 2026: 308 institutions
Value heldQ2 2026: $2.04B
Q1 2021: $1.89BQ2 2021: $1.69BQ3 2021: $1.66BQ4 2021: $1.66BQ1 2022: $1.76BQ2 2022: $1.54BQ3 2022: $1.66BQ4 2022: $1.78BQ1 2023: $1.42BQ2 2023: $1.21BQ3 2023: $1.20BQ4 2023: $1.63BQ1 2024: $1.50BQ2 2024: $1.42BQ3 2024: $1.60BQ4 2024: $1.74BQ1 2025: $1.80BQ2 2025: $1.69BQ3 2025: $1.67BQ4 2025: $1.65BQ1 2026: $1.79BQ2 2026: $2.04B
Institutions holding FRME and their total value by quarter
QuarterHoldersValue
Q2 2026308$2.04B
Q1 2026300$1.79B
Q4 2025282$1.65B
Q3 2025282$1.67B
Q2 2025278$1.69B
Q1 2025273$1.80B
Q4 2024254$1.74B
Q3 2024243$1.60B
Q2 2024231$1.42B
Q1 2024233$1.50B
Q4 2023229$1.63B
Q3 2023213$1.20B
Q2 2023211$1.21B
Q1 2023211$1.42B
Q4 2022230$1.78B
Q3 2022221$1.66B
Q2 2022222$1.54B
Q1 2022210$1.76B
Q4 2021205$1.66B
Q3 2021208$1.66B
Q2 2021197$1.69B
Q1 2021193$1.89B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding First Merchants Corp; share changes are against Q1 2026.

Institutions holding FRME in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Global Advisers, LLC47,176$2.06M0.00%−1,476−3.0%Reduced
CBOE Vest Financial, LLC42,174$1.84M0.02%+565+1.4%Added
Engineers Gate Manager LP42,082$1.84M0.02%+21,110+100.7%Added
John W. Rosenthal Capital Management, Inc.41,164$1.80M1.57%−30,900−42.9%Reduced
Jones Financial Companies LLLP40,266$1.76M0.00%+1,884+4.9%Added
Guggenheim Capital LLC38,013$1.66M0.01%−3,593−8.6%Reduced
Point72 Asset Management, L.P.35,203$1.54M0.00%−69,382−66.3%Reduced
Oppenheimer Asset Management Inc.35,196$1.54M0.02%−729−2.0%Reduced
LPL Financial LLC34,502$1.51M0.00%+2,552+8.0%Added
Rafferty Asset Management, LLC32,416$1.42M0.00%−4,543−12.3%Reduced
Jain Global LLC31,453$1.37M0.02%+31,453New
Sanctuary Advisors, LLC31,235$1.36M0.01%−889−2.8%Reduced
Odyssean, LLC30,458$1.33M0.22%+16,957+125.6%Added
Kennedy Capital Management, Inc.30,363$1.33M0.02%+12,288+68.0%Added
Trexquant Investment LP29,504$1.29M0.01%+89+0.3%Added
Mirae Asset Global ETFs Holdings Ltd.29,339$1.28M0.00%+73+0.2%Added
Wedge Capital Management L L P28,732$1.26M0.02%−591−2.0%Reduced
Old National Bancorp28,415$1.24M0.02%00.0%Unchanged
Waterfront Wealth Inc.28,440$1.23M0.19%+256+0.9%Added
BNP Paribas Arbitrage, SA27,687$1.21M0.00%+3,509+14.5%Added
Commonwealth Equity Services, LLC27,676$1.21M0.00%+523+1.9%Added
Quantbot Technologies LP27,675$1.21M0.05%+27,675New
Paradigm Capital Management Inc27,500$1.20M0.03%−4,500−14.1%Reduced
Jupiter Topco LLC27,284$1.19M0.00%+27,284New
STRS Ohio27,100$1.18M0.00%+2,100+8.4%Added
Natixis Advisors, L.P.26,814$1.17M0.00%−1,291−4.6%Reduced
The PNC Financial Services Group, Inc.26,797$1.17M0.00%+1,113+4.3%Added
Captrust Financial Advisors26,574$1.16M0.00%+3,543+15.4%Added
Chicago Partners Investment Group LLC26,101$1.09M0.02%+444+1.7%Added
Allianz Asset Management GmbH24,360$1.06M0.00%+24,360New
Bailard, Inc.23,700$1.04M0.02%+1,000+4.4%Added
Minerva Advisors LLC23,662$1.03M0.65%00.0%Unchanged
BCGM Wealth Management, LLC22,645$989.4K0.21%−48−0.2%Reduced
State Board of Administration of Florida Retirement System22,481$982.2K0.00%+5,599+33.2%Added
Thrivent Financial for Lutherans22,005$961.0K0.00%+3,089+16.3%Added
Mirabella Financial Services LLP21,887$956.2K0.09%+21,887New
Quadrant Capital Group LLC21,770$951.1K0.03%+50+0.2%Added
Freestone Grove Partners LP21,313$931.2K0.01%+7,548+54.8%Added
Squarepoint Ops LLC20,981$916.7K0.00%+20,981New
Harbor Capital Advisors, Inc.19,975$873.0K0.06%+2,997+17.7%Added
Wealth Enhancement Advisory Services, LLC19,971$860.7K0.00%+7,233+56.8%Added
SG Americas Securities, LLC19,367$846.0K0.00%+19,367New
Police & Firemen's Retirement System of New Jersey18,792$821.0K0.01%+1,581+9.2%Added
Stratos Wealth Partners, LTD.18,323$800.5K0.01%+319+1.8%Added
Brevan Howard Capital Management LP18,054$788.8K0.01%+5,014+38.5%Added
Handelsbanken Fonder AB17,716$774.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)17,637$770.6K0.00%+1,343+8.2%Added
Arizona State Retirement System17,473$763.4K0.00%+192+1.1%Added
Aquatic Capital Management LLC17,251$753.7K0.03%+14,554+539.6%Added
IFG Advisory, LLC16,855$736.4K0.03%+16,855New
US Bancorp16,721$730.5K0.00%−291−1.7%Reduced
Barclays PLC16,705$729.8K0.00%−27,791−62.5%Reduced
Mercer Global Advisors Inc16,391$716.1K0.00%+7,038+75.2%Added
Fox Run Management, L.L.C.16,224$708.8K0.12%−4,781−22.8%Reduced
CWM Advisors, LLC15,849$692.4K0.03%+2,347+17.4%Added
Sentinel Pension Advisors Inc15,228$679.0K0.09%00.0%Unchanged
Vanguard Investments Australia, Ltd.15,496$677.0K0.00%00.0%Unchanged
GWM Advisors LLC15,294$668.2K0.00%−1,347−8.1%Reduced
JustInvest LLC15,241$665.9K0.01%+2,502+19.6%Added
Cetera Investment Advisers14,969$654.0K0.00%−270−1.8%Reduced
Pathstone Holdings, LLC14,953$653.3K0.00%−13−0.1%Reduced
Kestra Advisory Services, LLC14,605$638.1K0.00%+501+3.6%Added
Susquehanna Portfolio Strategies, LLC14,431$630.5K0.01%00.0%Unchanged
Evergreen Capital Management LLC13,889$606.8K0.01%+8,064+138.4%Added
Advisor Group Holdings, Inc.13,817$603.8K0.00%+128+0.9%Added
KLP Kapitalforvaltning AS13,800$602.9K0.00%00.0%Unchanged
Venture Visionary Partners LLC13,562$592.5K0.02%+8+0.1%Added
Stock Yards Bank & Trust Co12,500$546.1K0.02%−675−5.1%Reduced
Intech Investment Management LLC12,493$545.8K0.01%−2,533−16.9%Reduced
Intrepid Financial Planning Group LLC12,121$529.6K0.18%00.0%Unchanged
RSM US Wealth Management LLC12,018$525.1K0.01%+2,263+23.2%Added
Voya Investment Management LLC11,987$523.7K0.00%+1,104+10.1%Added
Fifth Third Bancorp11,883$519.2K0.00%+21+0.2%Added
Kestra Private Wealth Services, LLC11,468$501.1K0.01%00.0%Unchanged
Capstone Investment Advisors, LLC11,210$489.8K0.00%+5,262+88.5%Added
Watershed Asset Management, L.L.C.11,139$486.7K0.44%00.0%Unchanged
Ritholtz Wealth Management10,904$476.4K0.01%−1,724−13.7%Reduced
EJF Capital LLC10,632$464.5K0.31%−238−2.2%Reduced
Royal Bank of Canada10,470$457.0K0.00%+1,936+22.7%Added
Cambridge Investment Research Advisors, Inc.10,195$445.0K0.00%−487−4.6%Reduced
Great West Life Assurance Co10,088$440.0K0.00%+1,187+13.3%Added
Neuberger Berman Group LLC9,948$434.6K0.00%+4,527+83.5%Added
Larson Financial Group LLC9,574$418.3K0.01%−6,315−39.7%Reduced
Connable Office Inc9,430$412.0K0.04%−773−7.6%Reduced
Teacher Retirement System of Texas9,403$410.8K0.00%−2,999−24.2%Reduced
CI Private Wealth, LLC9,137$399.2K0.00%+9,137New
Centiva Capital, LP9,122$398.5K0.01%−5,287−36.7%Reduced
Pictet Asset Management Holding SA8,911$389.3K0.00%00.0%Unchanged
State of Wisconsin Investment Board8,487$370.8K0.00%+2,397+39.4%Added
Sapient Capital LLC8,455$369.4K0.00%−106−1.2%Reduced
Monarch Capital Management Inc8,418$367.8K0.08%−500−5.6%Reduced
SRS Capital Advisors, Inc.8,354$365.0K0.00%+5,984+252.5%Added
Keybank National Association7,980$348.6K0.00%+7,980New
Kingsview Wealth Management, LLC7,770$339.5K0.00%00.0%Unchanged
Warren Averett Asset Management, LLC7,724$337.5K0.00%+882+12.9%Added
Cranbrook Wealth Management, LLC7,707$336.7K0.06%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC7,682$335.6K0.00%+152+2.0%Added
DRW Securities, LLC7,444$325.2K0.02%+7,444New
PDS Planning, Inc7,335$320.5K0.02%00.0%Unchanged
Rehmann Capital Advisory Group7,235$316.1K0.01%−1,189−14.1%Reduced