First MerchantsFRME

13F holders, Q3 2025 (September 30)
282holders +4
30new positions
24sold out
7famous investors
$37.70avg. 13F price*

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

0100200300400 Q1 2024: 233Q1 2024Q2 2024: 231Q2 2024Q3 2024: 243Q3 2024Q4 2024: 253Q4 2024Q1 2025: 272Q1 2025Q2 2025: 278Q2 2025Q3 2025: 282Q3 2025Q4 2025: 282Q4 2025Q1 2026: 300Q1 2026Q2 2026: 308Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions30$22.8M
Exits24$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.

Show all 282 holders