First MerchantsFRME
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 282 institutions reported holding First Merchants Corp. (FRME) in their 13F filings, up 4 from Q2 2025. 30 opened new positions and 24 sold out. The largest holders were Vanguard Group Inc. ($229.2M), BlackRock, Inc. ($172.1M) and Dimensional Fund Advisors LP ($127.5M). 7 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- First Merchants Corp.
- CUSIP
- 320817109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 30 | $22.8M |
| Exits | 24 | $24.4M |
All 13F filers, Q2 2025 → Q3 2025: 2,947,276 shares bought and 2,822,721 shares sold, net +124,555 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 282 holders
| Vanguard Group Inc. | 0.00% | Reduce -1.7% | 6,078,518 | $229.2M |
| BlackRock, Inc. | 0.00% | Reduce -1.0% | 4,565,192 | $172.1M |
| Dimensional Fund Advisors LP | 0.03% | Reduce -0.7% | 3,381,405 | $127.5M |
| Earnest Partners LLC | 0.40% | Reduce -4.9% | 2,445,904 | $92.2M |
| State Street Corp. | 0.00% | Add +2.5% | 2,055,124 | $77.5M |
| Geode Capital Management, LLC | 0.00% | Reduce -0.0% | 1,429,817 | $53.9M |
| Capital International Investors | 0.01% | Add +64.4% | 1,346,300 | $50.8M |
| Nuveen, LLC | 0.01% | Add +4.1% | 953,987 | $36.0M |
| Victory Capital Management Inc. | 0.02% | Add +8.4% | 947,498 | $35.7M |
| Goldman Sachs Group Inc. | 0.01% | Add +1.6% | 941,691 | $35.5M |
| William Blair Investment Management, LLC | 0.08% | Add +16.4% | 843,174 | $31.8M |
| Systematic Financial Management LP | 0.70% | Add +0.2% | 762,042 | $28.7M |
| Principal Financial Group Inc. | 0.01% | Reduce -6.3% | 710,508 | $26.8M |
| JPMorgan Chase & Co. | 0.00% | Add +2.0% | 691,565 | $26.1M |
| PL Capital Advisors, LLC | 8.59% | No change | 686,333 | $25.9M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -1.0% | 686,178 | $25.9M |
| Bank of New York Mellon Corp | 0.00% | Reduce -1.4% | 667,796 | $25.2M |
| First Trust Advisors LP | 0.02% | Reduce -18.8% | 622,273 | $23.5M |
| Northern Trust Corp. | 0.00% | Add +7.6% | 613,001 | $23.1M |
| American Century Companies Inc. | 0.01% | Reduce -47.8% | 588,719 | $22.2M |
| Public Employees Retirement Association of Colorado | 0.08% | No change | 546,322 | $20.6M |
| First Merchants Corp. | 0.77% | Add +0.0% | 539,754 | $20.3M |
| Manufacturers Life Insurance Company, The | 0.01% | Reduce -2.3% | 450,825 | $17.0M |
| Raymond James Financial Inc. | 0.01% | Reduce -2.1% | 449,988 | $17.0M |
| Fisher Asset Management | 0.01% | Reduce -3.3% | 427,119 | $16.1M |
| Bridgeway Capital Management, LLC | 0.32% | Add +0.3% | 398,498 | $15.0M |
| Qube Research & Technologies Ltd | 0.02% | Add +50.2% | 393,408 | $14.8M |
| Ceredex Value Advisors LLC | 0.30% | Reduce -1.1% | 341,950 | $12.9M |
| ProShare Advisors LLC | 0.03% | Add +84.2% | 323,180 | $12.2M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | Add +252.0% | 321,550 | $12.1M |
| MetLife Investment Management, LLC | 0.06% | Add +17.3% | 319,609 | $12.0M |
| AQR Capital Management | 0.01% | Add +88.4% | 308,407 | $11.6M |
| FJ Capital Management LLC | 1.19% | New | 294,718 | $11.1M |
| Glenmede Investment Management, LP | 0.05% | Reduce -6.3% | 283,231 | $10.7M |
| Morgan Stanley | 0.00% | Add +14.6% | 282,173 | $10.6M |
| Phocas Financial Corp. | 1.33% | Add +2.1% | 272,129 | $10.3M |
| FMR LLC | 0.00% | Add +12.0% | 246,403 | $9.3M |
| Empowered Funds, LLC | 0.09% | Add +5.1% | 234,704 | $8.8M |
| Millennium Management | 0.01% | Add +163.8% | 233,264 | $8.8M |
| Wells Fargo & Company | 0.00% | Add +1.3% | 209,992 | $7.9M |
| Bank of America Corp. | 0.00% | Reduce -5.6% | 197,778 | $7.5M |
| Oberweis Asset Management Inc./ | 0.28% | No change | 196,000 | $7.4M |
| Denali Advisors LLC | 0.77% | Add +3.6% | 180,600 | $6.8M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -4.0% | 163,412 | $6.2M |
| OneAscent Financial Services LLC | 0.37% | Reduce -0.3% | 145,642 | $5.5M |
| Peregrine Capital Management LLC | 0.16% | Reduce -0.3% | 139,468 | $5.3M |
| Nordea Investment Management AB | 0.00% | Add +2.5% | 139,168 | $5.2M |
| UBS Group AG | 0.00% | Reduce -20.3% | 122,996 | $4.6M |
| Jane Street Group, LLC | 0.01% | Add +31.8% | 119,581 | $4.5M |
| Ameriprise Financial Inc. | 0.00% | Add +74.1% | 117,933 | $4.4M |
| Cubist Systematic Strategies, LLC | 0.06% | Reduce -9.8% | 113,650 | $4.3M |
| Trexquant Investment LP | 0.04% | Add +24.1% | 113,595 | $4.3M |
| Swiss National Bank | 0.00% | Add +1.1% | 112,962 | $4.3M |
| Sei Investments Co. | 0.00% | Reduce -2.6% | 108,705 | $4.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -43.7% | 108,376 | $4.1M |
| New York State Common Retirement Fund | 0.01% | No change | 105,063 | $4.0M |
| Invesco Ltd. | 0.00% | Reduce -13.7% | 100,564 | $3.8M |
| Tudor Investment Corporation | 0.02% | Add +121.0% | 98,523 | $3.7M |
| Rhumbline Advisers | 0.00% | Add +4.0% | 96,559 | $3.6M |
| Great Lakes Advisors, LLC | 0.03% | Reduce -12.3% | 95,122 | $3.6M |
| Petiole USA ltd | 2.45% | No change | 94,047 | $3.5M |
| Barclays PLC | 0.00% | Reduce -30.9% | 90,778 | $3.4M |
| D. E. Shaw & Co. | 0.00% | Add +33.3% | 84,607 | $3.2M |
| First Financial Bank - Trust Division | 0.24% | No change | 75,779 | $2.9M |
| Curi Capital, LLC | 0.05% | Reduce -24.9% | 75,510 | $2.8M |
| Mendon Capital Advisors Corp. | 1.29% | Reduce -33.2% | 75,000 | $2.8M |
| Dark Forest Capital Management LP | 0.11% | Reduce -34.4% | 74,171 | $2.8M |
| Inspire Advisors, LLC | 0.26% | Add +1.5% | 72,855 | $2.7M |
| Advisory Research Inc. | 0.36% | Reduce -4.1% | 72,348 | $2.7M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.61% | Reduce -0.3% | 72,064 | $2.7M |
| Alliancebernstein L.P. | 0.00% | No change | 68,157 | $2.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +4.6% | 66,683 | $2.5M |
| Citigroup Inc. | 0.00% | Reduce -41.0% | 65,566 | $2.5M |
| Y-Intercept (Hong Kong) Ltd | 0.06% | Add +54.4% | 64,791 | $2.4M |
| Creative Planning | 0.00% | Add +31.2% | 64,214 | $2.4M |
| Legal & General Group Plc | 0.00% | Reduce -5.5% | 60,795 | $2.3M |
| Mariner, LLC | 0.00% | Add +2.6% | 58,016 | $2.2M |
| Susquehanna International Group, LLP | 0.00% | Reduce -62.9% | 57,600 | $2.2M |
| AlphaQuest LLC | 0.14% | Add +6.7% | 56,344 | $2.1M |
| BridgePort Financial Solutions, LLC | 0.57% | New | 55,826 | $2.1M |
| Ieq Capital, LLC | 0.01% | Add +111.8% | 54,171 | $2.0M |
| California State Teachers Retirement System | 0.00% | Add +0.0% | 54,061 | $2.0M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -8.0% | 53,377 | $2.0M |
| Franklin Resources Inc. | 0.00% | Reduce -1.3% | 50,651 | $1.9M |
| Rafferty Asset Management, LLC | 0.01% | Add +14.5% | 49,356 | $1.9M |
| Edgestream Partners, L.P. | 0.05% | Reduce -70.6% | 46,955 | $1.8M |
| Deutsche Bank AG | 0.00% | Add +12.8% | 46,380 | $1.7M |
| Guggenheim Capital LLC | 0.01% | Add +5.7% | 42,705 | $1.6M |
| Oppenheimer Asset Management Inc. | 0.02% | Reduce -1.2% | 39,980 | $1.5M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.5% | 38,873 | $1.5M |
| Elo Mutual Pension Insurance Co | 0.02% | Add +137.4% | 37,124 | $1.4M |
| Sanctuary Advisors, LLC | 0.01% | Add +3.7% | 35,913 | $1.4M |
| Russell Investments Group, Ltd. | 0.00% | Add +9.7% | 35,658 | $1.3M |
| Susquehanna Portfolio Strategies, LLC | 0.02% | New | 35,013 | $1.3M |
| Clarkston Capital Partners, LLC | 0.03% | Add +11.5% | 34,696 | $1.3M |
| Vest Financial, LLC | 0.02% | New | 34,399 | $1.3M |
| Jones Financial Companies LLLP | 0.00% | Add +8.9% | 32,669 | $1.2M |
| Old National Bancorp | 0.02% | No change | 33,115 | $1.2M |
| Commonwealth Equity Services, LLC | 0.00% | Add +6.3% | 32,593 | $1.2M |
| Two Sigma Investments, LP | 0.00% | Reduce -41.6% | 32,249 | $1.2M |
"% of holder's portfolio" is FRME's weight in each manager's 13F, not the share of First Merchants Corp. the manager owns.