First MerchantsFRME
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 278 institutions reported holding First Merchants Corp. (FRME) in their 13F filings, up 6 from Q1 2025. 35 opened new positions and 26 sold out. The largest holders were Vanguard Group Inc. ($236.9M), BlackRock, Inc. ($176.5M) and Dimensional Fund Advisors LP ($130.4M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Ken Fisher (0.0% of Fisher Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- First Merchants Corp.
- CUSIP
- 320817109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 35 | $27.4M |
| Exits | 26 | $10.2M |
All 13F filers, Q1 2025 → Q2 2025: 1,879,553 shares bought and 2,065,829 shares sold, net −186,276 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 278 holders
| Vanguard Group Inc. | 0.00% | Reduce -0.8% | 6,186,207 | $236.9M |
| BlackRock, Inc. | 0.00% | Reduce -3.7% | 4,609,263 | $176.5M |
| Dimensional Fund Advisors LP | 0.03% | Reduce -1.0% | 3,405,615 | $130.4M |
| Earnest Partners LLC | 0.44% | Add +0.4% | 2,571,917 | $98.5M |
| State Street Corp. | 0.00% | Add +0.3% | 2,005,625 | $76.8M |
| Geode Capital Management, LLC | 0.00% | Add +0.1% | 1,430,289 | $54.8M |
| American Century Companies Inc. | 0.02% | Add +2.5% | 1,127,423 | $43.2M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -4.4% | 926,422 | $35.5M |
| Nuveen, LLC | 0.01% | Add +51.2% | 916,637 | $35.1M |
| Victory Capital Management Inc. | 0.02% | Add +2.2% | 873,773 | $33.5M |
| Capital International Investors | 0.01% | No change | 818,755 | $31.4M |
| First Trust Advisors LP | 0.02% | Reduce -29.1% | 766,252 | $29.3M |
| Systematic Financial Management LP | 0.78% | Add +2.0% | 760,551 | $29.1M |
| Principal Financial Group Inc. | 0.02% | Reduce -1.7% | 758,138 | $29.0M |
| William Blair Investment Management, LLC | 0.07% | Reduce -7.6% | 724,679 | $27.8M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -2.6% | 693,422 | $26.6M |
| PL Capital Advisors, LLC | 8.77% | No change | 686,333 | $26.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -7.9% | 678,165 | $26.0M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.0% | 677,269 | $25.9M |
| Northern Trust Corp. | 0.00% | Reduce -4.9% | 569,915 | $21.8M |
| Public Employees Retirement Association of Colorado | 0.08% | No change | 546,322 | $20.9M |
| First Merchants Corp. | 0.80% | Reduce -0.5% | 539,726 | $20.7M |
| Manufacturers Life Insurance Company, The | 0.02% | Reduce -2.5% | 461,315 | $17.7M |
| Raymond James Financial Inc. | 0.01% | Reduce -3.7% | 459,479 | $17.6M |
| Fisher Asset Management | 0.01% | Reduce -11.0% | 441,788 | $16.9M |
| Bridgeway Capital Management, LLC | 0.36% | Add +7.6% | 397,123 | $15.2M |
| Ceredex Value Advisors LLC | 0.28% | Add +1.4% | 345,600 | $13.2M |
| Schroder Investment Management Group | 0.01% | Reduce -28.7% | 331,163 | $12.8M |
| Glenmede Investment Management, LP | 0.06% | — | 302,302 | $11.6M |
| MetLife Investment Management, LLC | 0.06% | Reduce -18.6% | 272,504 | $10.4M |
| Phocas Financial Corp. | 1.47% | Add +0.0% | 266,578 | $10.2M |
| Qube Research & Technologies Ltd | 0.01% | Add +169.3% | 261,904 | $10.0M |
| Morgan Stanley | 0.00% | Reduce -5.0% | 246,148 | $9.4M |
| Empowered Funds, LLC | 0.10% | Add +14.4% | 223,342 | $8.6M |
| FMR LLC | 0.00% | Reduce -1.2% | 219,928 | $8.4M |
| Bank of America Corp. | 0.00% | Add +3.7% | 209,544 | $8.0M |
| Wells Fargo & Company | 0.00% | Add +4.8% | 207,239 | $7.9M |
| Oberweis Asset Management Inc./ | 0.33% | Add +9.9% | 196,000 | $7.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +45.0% | 192,563 | $7.4M |
| STRS Ohio | 0.03% | Add +0.9% | 183,252 | $7.0M |
| ProShare Advisors LLC | 0.01% | Reduce -4.6% | 175,476 | $6.7M |
| Denali Advisors LLC | 0.70% | Add +8.7% | 174,384 | $6.7M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -3.8% | 170,185 | $6.5M |
| AQR Capital Management | 0.01% | Add +38.0% | 163,691 | $6.3M |
| Edgestream Partners, L.P. | 0.17% | New | 159,491 | $6.1M |
| Susquehanna International Group, LLP | 0.01% | Add +6.7% | 155,383 | $6.0M |
| UBS Group AG | 0.00% | Add +43.0% | 154,359 | $5.9M |
| OneAscent Financial Services LLC | 0.40% | Reduce -40.8% | 146,142 | $5.6M |
| Peregrine Capital Management LLC | 0.16% | Reduce -3.2% | 139,883 | $5.4M |
| Nordea Investment Management AB | 0.00% | Add +0.3% | 135,789 | $5.2M |
| Barclays PLC | 0.00% | Add +45.5% | 131,416 | $5.0M |
| Cubist Systematic Strategies, LLC | 0.05% | Reduce -37.6% | 126,051 | $4.8M |
| Invesco Ltd. | 0.00% | Reduce -14.6% | 116,588 | $4.5M |
| Dark Forest Capital Management LP | 0.17% | Reduce -19.5% | 113,040 | $4.3M |
| Mendon Capital Advisors Corp. | 2.08% | Reduce -14.4% | 112,250 | $4.3M |
| Swiss National Bank | 0.00% | Reduce -1.7% | 111,762 | $4.3M |
| Sei Investments Co. | 0.01% | Reduce -47.6% | 111,605 | $4.3M |
| Citigroup Inc. | 0.00% | Reduce -17.1% | 111,178 | $4.3M |
| Great Lakes Advisors, LLC | 0.03% | Reduce -3.2% | 108,524 | $4.2M |
| New York State Common Retirement Fund | 0.01% | Add +3.6% | 105,063 | $4.0M |
| Curi Capital, LLC | 0.07% | Reduce -19.6% | 100,475 | $3.8M |
| Petiole USA ltd | 2.55% | No change | 94,047 | $3.6M |
| Rhumbline Advisers | 0.00% | Add +3.4% | 92,809 | $3.6M |
| Trexquant Investment LP | 0.04% | Reduce -14.9% | 91,517 | $3.5M |
| Hotchkis & Wiley Capital Management LLC | 0.01% | Add +11.4% | 91,358 | $3.5M |
| Jane Street Group, LLC | 0.01% | Reduce -15.9% | 90,720 | $3.5M |
| Millennium Management | 0.00% | Add +801.8% | 88,431 | $3.4M |
| Corient Private Wealth LP | 0.00% | Reduce -0.1% | 78,558 | $3.0M |
| First Financial Bank - Trust Division | 0.26% | No change | 75,779 | $2.9M |
| Advisory Research Inc. | 0.44% | Reduce -4.9% | 75,438 | $2.9M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.79% | Reduce -1.7% | 72,305 | $2.8M |
| Inspire Advisors, LLC | 0.29% | New | 71,779 | $2.7M |
| Alliancebernstein L.P. | 0.00% | No change | 68,157 | $2.6M |
| Ameriprise Financial Inc. | 0.00% | Add +1.5% | 67,748 | $2.6M |
| Legal & General Group Plc | 0.00% | Add +0.8% | 64,350 | $2.5M |
| T. Rowe Price Associates Inc. | 0.00% | Add +5.4% | 63,726 | $2.4M |
| D. E. Shaw & Co. | 0.00% | New | 63,496 | $2.4M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Reduce -0.2% | 61,267 | $2.3M |
| Arrowstreet Capital, Limited Partnership | 0.00% | New | 58,011 | $2.2M |
| Marshall Wace, LLP | 0.00% | Add +886.7% | 56,654 | $2.2M |
| Mariner, LLC | 0.00% | Reduce -5.0% | 56,568 | $2.2M |
| Two Sigma Investments, LP | 0.00% | Add +19.7% | 55,243 | $2.1M |
| Wellington Management Group LLP | 0.00% | Reduce -17.1% | 54,922 | $2.1M |
| California State Teachers Retirement System | 0.00% | Add +0.8% | 54,058 | $2.1M |
| AlphaQuest LLC | 0.20% | Add +431.0% | 52,816 | $2.0M |
| Franklin Resources Inc. | 0.00% | Reduce -0.4% | 51,322 | $2.0M |
| Creative Planning | 0.00% | Add +15.3% | 48,932 | $1.9M |
| Tudor Investment Corporation | 0.01% | New | 44,570 | $1.7M |
| Rafferty Asset Management, LLC | 0.01% | Add +21.1% | 43,106 | $1.7M |
| Y-Intercept (Hong Kong) Ltd | 0.04% | New | 41,970 | $1.6M |
| Norges Bank | 0.00% | Reduce -59.2% | 41,425 | $1.6M |
| Deutsche Bank AG | 0.00% | Reduce -10.4% | 41,131 | $1.6M |
| Oppenheimer Asset Management Inc. | 0.02% | Reduce -2.0% | 40,459 | $1.5M |
| Guggenheim Capital LLC | 0.01% | Add +36.6% | 40,423 | $1.5M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.6% | 40,261 | $1.5M |
| Thrivent Financial for Lutherans | 0.00% | Add +26.2% | 36,065 | $1.4M |
| Teacher Retirement System of Texas | 0.01% | Reduce -6.4% | 36,012 | $1.4M |
| Sanctuary Advisors, LLC | 0.01% | Reduce -14.6% | 34,629 | $1.3M |
| Two Sigma Advisers, LP | 0.00% | Add +26.0% | 33,474 | $1.3M |
| Old National Bancorp | 0.02% | No change | 33,115 | $1.3M |
| Aurora Investment Counsel | 0.66% | Reduce -1.3% | 32,701 | $1.3M |
| Russell Investments Group, Ltd. | 0.00% | Reduce -5.4% | 32,493 | $1.2M |
| Stifel Financial Corp. | 0.00% | Reduce -9.1% | 32,121 | $1.2M |
| Paradigm Capital Management Inc. | 0.06% | No change | 32,000 | $1.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -7.8% | 31,991 | $1.2M |
| Intech Investment Management LLC | 0.01% | Reduce -27.0% | 31,571 | $1.2M |
| Clarkston Capital Partners, LLC | 0.03% | No change | 31,113 | $1.2M |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -6.2% | 30,670 | $1.2M |
| Jones Financial Companies LLLP | 0.00% | Add +21.5% | 30,010 | $1.2M |
| Cibc World Market Inc. | 0.00% | New | 29,623 | $1.1M |
| Wedge Capital Management L L P | 0.02% | Add +9.8% | 29,082 | $1.1M |
| Citadel Advisors | 0.00% | Reduce -65.7% | 29,065 | $1.1M |
| Weiss Asset Management LP | 0.02% | New | 28,133 | $1.1M |
| Waterfront Wealth Inc. | 0.24% | Add +1.0% | 27,412 | $1.0M |
| Janus Henderson Group PLC | 0.00% | No change | 27,284 | $1.0M |
| HRT Financial LP | 0.00% | New | 27,300 | $1.0M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 26,310 | $1.0M |
| Chicago Partners Investment Group LLC | 0.03% | Add +1.1% | 23,902 | $986K |
| Ieq Capital, LLC | 0.01% | Add +86.7% | 25,572 | $979K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -18.4% | 24,920 | $954K |
| PNC Financial Services Group, Inc. | 0.00% | Add +0.3% | 24,650 | $944K |
| BCGM Wealth Management, LLC | 0.24% | Add +0.0% | 22,674 | $868K |
| Natixis Advisors, LLC | 0.00% | New | 22,628 | $867K |
| IFG Advisory, LLC | 0.04% | No change | 21,370 | $818K |
| Wesbanco Bank Inc. | 0.02% | No change | 21,140 | $810K |
| Captrust Financial Advisors | 0.00% | Reduce -3.4% | 20,892 | $800K |
| Osaic Holdings, Inc. | 0.00% | Reduce -3.9% | 20,302 | $778K |
| Quadrant Capital Group LLC | 0.03% | Reduce -1.9% | 18,421 | $706K |
| Balyasny Asset Management L.P. | 0.00% | New | 17,976 | $688K |
| Arizona State Retirement System | 0.00% | Add +1.6% | 17,060 | $653K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 17,005 | $651K |
| US Bancorp \de | 0.00% | Add +0.0% | 16,960 | $650K |
| Voya Investment Management LLC | 0.00% | Add +1.1% | 16,203 | $621K |
| Schonfeld Strategic Advisors LLC | 0.00% | New | 15,714 | $602K |
| Elo Mutual Pension Insurance Co | 0.01% | New | 15,638 | $599K |
| Sentinel Pension Advisors, LLC | 0.10% | No change | 15,228 | $583K |
| Quantbot Technologies LP | 0.01% | New | 15,098 | $578K |
| Pathstone Holdings, LLC | 0.00% | Add +3.1% | 14,876 | $570K |
| Intrepid Financial Planning Group LLC | 0.24% | No change | 14,682 | $562K |
| Choreo, LLC | 0.01% | Reduce -1.0% | 14,280 | $547K |
| Brevan Howard Capital Management LP | 0.01% | Add +5.6% | 14,226 | $545K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -21.6% | 14,061 | $539K |
| LPL Financial LLC | 0.00% | Add +1.2% | 14,019 | $537K |
| Royal Bank of Canada | 0.00% | Add +3.8% | 14,009 | $536K |
| Venture Visionary Partners LLC | 0.02% | Add +0.0% | 13,535 | $518K |
| Kennondale Capital Management LLC | 0.53% | No change | 13,495 | $517K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +5.8% | 13,165 | $504K |
| Inceptionr LLC | 0.11% | New | 12,965 | $497K |
| Atlas Brown,Inc. | 0.15% | Add +96.5% | 12,589 | $482K |
| Handelsbanken Fonder AB | 0.00% | No change | 12,516 | $479K |
| KLP Kapitalforvaltning As | 0.00% | Add +12.6% | 12,500 | $479K |
| Centiva Capital, LP | 0.03% | Add +52.1% | 12,081 | $463K |
| Connable Office Inc. | 0.05% | No change | 12,031 | $461K |
| Engineers Gate Manager LP | 0.01% | Reduce -22.4% | 11,968 | $458K |
| EJF Capital LP | 0.36% | Add +2.6% | 11,884 | $455K |
| Cranbrook Wealth Management, LLC | 0.09% | No change | 11,451 | $439K |
| Rehmann Capital Advisory Group | 0.02% | Reduce -8.6% | 10,461 | $401K |
| Inspire Investing, LLC | 0.04% | Add +22.3% | 10,364 | $397K |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +10.3% | 10,182 | $390K |
| Pictet Asset Management Holding SA | 0.00% | Add +11.4% | 9,978 | $382K |
| Minerva Advisors LLC | 0.25% | No change | 9,875 | $378K |
| DRW Securities, LLC | 0.03% | New | 9,837 | $377K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +178.8% | 9,785 | $375K |
| ExodusPoint Capital Management, LP | 0.00% | New | 9,493 | $364K |
| BNP Paribas Financial Markets | 0.00% | Add +167.9% | 9,065 | $347K |
| Monarch Capital Management Inc. | 0.09% | No change | 8,918 | $342K |
| Quantinno Capital Management LP | 0.00% | New | 8,882 | $340K |
| Sapient Capital LLC | 0.01% | No change | 8,455 | $324K |
| Prudential Financial Inc. | 0.00% | Reduce -75.8% | 7,689 | $315K |
| Polymer Capital Management (US) LLC | 0.05% | Reduce -14.5% | 8,102 | $310K |
| Aster Capital Management (DIFC) Ltd | 0.07% | New | 7,962 | $305K |
| Walleye Capital LLC | 0.00% | New | 7,922 | $303K |
| Kingsview Wealth Management, LLC | 0.01% | No change | 7,770 | $298K |
| Graham Capital Management, L.P. | 0.01% | Reduce -51.0% | 7,686 | $294K |
| PDS Planning, Inc | 0.02% | No change | 7,335 | $281K |
| Integrated Investment Consultants, LLC | 0.05% | Reduce -37.9% | 7,268 | $278K |
| Comerica Bank | 0.00% | Reduce -26.8% | 7,268 | $278K |
| Cibc World Markets Corp. | 0.00% | Reduce -44.4% | 7,192 | $275K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | New | 7,047 | $270K |
| Hennion & Walsh Asset Management, Inc. | 0.01% | Reduce -29.9% | 7,000 | $268K |
| HighPoint Advisor Group LLC | 0.01% | No change | 6,925 | $265K |
| Cary Street Partners Financial LLC | 0.01% | No change | 6,849 | $262K |
| SG Americas Securities, LLC | 0.00% | Reduce -58.0% | 6,828 | $262K |
| Norris Perne & French LLP | 0.02% | No change | 6,834 | $262K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | New | 6,405 | $261K |
| Cetera Investment Advisers | 0.00% | Add +2.4% | 6,804 | $261K |
| Goelzer Investment Management, Inc. | 0.01% | No change | 6,765 | $259K |
| Contravisory Investment Management, Inc. | 0.05% | No change | 6,560 | $251K |
| HighTower Advisors, LLC | 0.00% | Add +0.2% | 6,532 | $250K |
| Orion Porfolio Solutions, LLC | 0.00% | Add +10.9% | 6,489 | $249K |
| Focus Partners Wealth | 0.00% | New | 6,390 | $245K |
| Elevation Point Wealth Partners, LLC | 0.02% | New | 6,274 | $240K |
| Zhang Financial LLC | 0.01% | No change | 6,258 | $240K |
| MQS Management LLC | 0.13% | New | 6,130 | $235K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 6,101 | $234K |
| Cwm, LLC | 0.00% | Add +30.0% | 6,070 | $232K |
| Arax Advisory Partners | 0.01% | New | 29 | $224K |
| Pathway Financial Advisers, LLC | 0.07% | Add +1.0% | 5,808 | $222K |
| Waverly Advisors, LLC | 0.00% | Reduce -11.6% | 5,756 | $220K |
| HSBC Holdings PLC | 0.00% | Reduce -16.1% | 5,677 | $219K |
| Clearstead Advisors, LLC | 0.00% | Add +4.4% | 5,688 | $218K |
| Ullmann Wealth Partners Group, LLC | 0.03% | No change | 5,602 | $215K |
| Harbour Trust & Investment Management Co | 0.02% | No change | 5,465 | $209K |
| State of Wisconsin Investment Board | 0.00% | Reduce -10.7% | 5,448 | $209K |
| New York State Teachers Retirement System | 0.00% | No change | 5,340 | $205K |
| Cerity Partners LLC | 0.00% | New | 5,295 | $203K |
| Emerald Mutual Fund Advisers Trust | 0.01% | No change | 4,767 | $183K |
| Fifth Third Bancorp | 0.00% | Reduce -4.2% | 3,109 | $119K |
| Assetmark, Inc. | 0.00% | Reduce -1.3% | 3,106 | $119K |
| Larson Financial Group LLC | 0.00% | Add +2.8% | 3,009 | $115K |
| Allworth Financial LP | 0.00% | Add +0.2% | 2,821 | $108K |
| Aquatic Capital Management LLC | 0.00% | New | 2,751 | $105K |
| Optimum Investment Advisors | 0.04% | No change | 2,253 | $86K |
| KBC Group NV | 0.00% | Reduce -28.9% | 2,169 | $83K |
| Amalgamated Bank | 0.00% | No change | 1,996 | $76K |
| Capital Analysts, LLC | 0.00% | No change | 1,800 | $69K |
| Ancora Advisors LLC | 0.00% | No change | 1,791 | $69K |
| Blue Trust, Inc. | 0.00% | Add +98.4% | 1,784 | $68K |
| Signaturefd, LLC | 0.00% | Reduce -4.3% | 1,548 | $59K |
| Sterling Capital Management LLC | 0.00% | Add +49.1% | 1,500 | $57K |
| Point72 (DIFC) Ltd | 0.00% | Add +475.4% | 1,381 | $53K |
| MAI Capital Management | 0.00% | Add +18.6% | 1,341 | $51K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.01% | No change | 1,318 | $50K |
| Caldwell Trust Co | 0.01% | No change | 1,300 | $50K |
| CIBC Private Wealth Group LLC | 0.00% | Add +22.1% | 1,214 | $46K |
| Strategic Investment Solutions, Inc. | 0.01% | Add +1.0% | 1,173 | $45K |
| Indiana Trust & Investment Management Co | 0.01% | No change | 902 | $35K |
| Summit Securities Group LLC | 0.01% | Add +715.7% | 832 | $32K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -5.8% | 829 | $32K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +361.7% | 771 | $30K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 750 | $29K |
| LSV Asset Management | 0.00% | No change | 715 | $27K |
| Creative Financial Designs Inc. | 0.00% | No change | 650 | $25K |
| Nisa Investment Advisors, LLC | 0.00% | Add +60.5% | 504 | $19K |
| Covestor Ltd | 0.01% | Add +83.0% | 496 | $19K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.00% | Add +63.1% | 478 | $18K |
| Federated Hermes, Inc. | 0.00% | Add +13.2% | 462 | $18K |
| GAMMA Investing LLC | 0.00% | Reduce -18.9% | 426 | $16K |
| Danske Bank A/S | 0.00% | New | 400 | $15K |
| CX Institutional | 0.00% | No change | 397 | $15K |
| Parallel Advisors, LLC | 0.00% | Reduce -10.5% | 348 | $13K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 343 | $13K |
| Trust Co. of Toledo NA | 0.00% | New | 321 | $12K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -9.7% | 317 | $12K |
| CENTRAL TRUST Co | 0.00% | No change | 294 | $11K |
| IFP Advisors, Inc | 0.00% | Add +0.0% | 218 | $8K |
| Westside Investment Management, Inc. | 0.00% | New | 195 | $8K |
| Rothschild Investment LLC | 0.00% | Add +57.1% | 165 | $6K |
| True Wealth Design, LLC | 0.00% | Add +7500.0% | 152 | $6K |
| Hillsdale Investment Management Inc. | 0.00% | Reduce -12.5% | 140 | $5K |
| Retirement Wealth Solutions LLC | 0.00% | No change | 137 | $5K |
| Northwestern Mutual Wealth Management Co. | 0.00% | No change | 135 | $5K |
| Smartleaf Asset Management LLC | 0.00% | Reduce -67.6% | 128 | $5K |
| Versant Capital Management, Inc | 0.00% | Reduce -1.7% | 116 | $4K |
| Bessemer Group Inc. | 0.00% | No change | 100 | $4K |
| Sound Income Strategies, LLC | 0.00% | No change | 89 | $3K |
| Private Wealth Management Group, LLC | 0.00% | No change | 55 | $2K |
| Hemington Wealth Management | 0.00% | Add +1.5% | 66 | $2K |
| Cary Street Partners Investment Advisory LLC | 0.00% | Reduce -41.5% | 48 | $2K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -2.0% | 48 | $2K |
| JFS Wealth Advisors, LLC | 0.00% | Add +5.0% | 42 | $2K |
| Bell Investment Advisors, Inc | 0.00% | No change | 37 | $1K |
| WPG Advisers, LLC | 0.00% | No change | 37 | $1K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 19 | $728 |
| Brooklyn Investment Group | 0.00% | Reduce -76.9% | 18 | $690 |
| Huntington National Bank | 0.00% | No change | 17 | $651 |
| Fortitude Family Office, LLC | 0.00% | New | 16 | $613 |
| Essential Partners LLC | 0.00% | — | 16 | $613 |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 12 | $460 |
| SJS Investment Consulting Inc. | 0.00% | Reduce -45.5% | 6 | $230 |
| Private Trust Co. NA | 0.00% | No change | 5 | $192 |
| SBI Securities Co., Ltd. | 0.00% | Add +25.0% | 5 | $192 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +66.7% | 5 | $191 |
| Rialto Wealth Management, LLC | 0.00% | New | 4 | $154 |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 3 | $117 |
| HFM Investment Advisors, LLC | 0.00% | Add +50.0% | 3 | $115 |
| Parkworth Wealth Management, Inc. | 0.00% | No change | 2 | $77 |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 4 | $0 |
"% of holder's portfolio" is FRME's weight in each manager's 13F, not the share of First Merchants Corp. the manager owns.