First MerchantsFRME
13F holders, Q4 2025 (December 31)282holders
27new positions
24sold out
7famous investors
$37.48avg. 13F price*
At the end of Q4 2025, 282 institutions reported holding First Merchants Corp. (FRME) in their 13F filings, unchanged from Q3 2025. 27 opened new positions and 24 sold out. The largest holders were Vanguard Group Inc. ($224.3M), BlackRock, Inc. ($174.0M) and Dimensional Fund Advisors LP ($124.4M). 7 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Israel Englander (0.0% of Millennium 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 27 | $18.4M |
| Exits | 24 | $15.5M |
All 13F filers, Q3 2025 → Q4 2025: 2,514,032 shares bought and 2,728,466 shares sold, net −214,434 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 282 holders
| Vanguard Group Inc. | 0.00% | Reduce -1.6% | 5,983,901 | $224.3M |
| BlackRock, Inc. | 0.00% | Add +1.7% | 4,643,686 | $174.0M |
| Dimensional Fund Advisors LP | 0.03% | Reduce -1.9% | 3,318,040 | $124.4M |
| Earnest Partners LLC | 0.37% | Reduce -5.5% | 2,310,372 | $86.6M |
| State Street Corp. | 0.00% | Reduce -3.9% | 1,974,973 | $74.0M |
| Geode Capital Management, LLC | 0.00% | Add +0.1% | 1,431,840 | $53.7M |
| Capital International Investors | 0.01% | No change | 1,346,300 | $50.5M |
| Nuveen, LLC | 0.01% | Add +10.9% | 1,058,247 | $39.7M |
| Victory Capital Management Inc. | 0.02% | Add +0.9% | 956,197 | $35.8M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -1.3% | 929,244 | $34.8M |
| Systematic Financial Management LP | 0.69% | Add +2.1% | 778,328 | $29.2M |
| Bank of New York Mellon Corp | 0.01% | Add +14.4% | 764,136 | $28.6M |
| William Blair Investment Management, LLC | 0.08% | Reduce -9.4% | 763,904 | $28.6M |
| First Trust Advisors LP | 0.02% | Add +15.0% | 715,488 | $26.8M |
| PL Capital Advisors, LLC | 8.11% | No change | 686,333 | $25.7M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -0.6% | 681,888 | $25.6M |
| FJ Capital Management LLC | 2.62% | Add +115.0% | 633,668 | $23.7M |
| Qube Research & Technologies Ltd | 0.03% | Add +59.6% | 627,759 | $23.5M |
| JPMorgan Chase & Co. | 0.00% | Reduce -12.5% | 605,427 | $22.7M |
| Northern Trust Corp. | 0.00% | Reduce -7.6% | 566,386 | $21.2M |
| Public Employees Retirement Association of Colorado | 0.08% | No change | 546,322 | $20.5M |
| First Merchants Corp. | 0.74% | Reduce -0.9% | 534,739 | $20.0M |
| Manufacturers Life Insurance Company, The | 0.01% | Reduce -3.0% | 437,278 | $16.4M |
| Ceredex Value Advisors LLC | 0.47% | Add +21.1% | 413,950 | $15.5M |
| Raymond James Financial Inc. | 0.00% | Reduce -8.9% | 410,023 | $15.4M |
| Bridgeway Capital Management, LLC | 0.31% | Reduce -2.0% | 390,605 | $14.6M |
| AQR Capital Management | 0.01% | Add +23.6% | 381,302 | $14.3M |
| Fisher Asset Management | 0.00% | Reduce -12.1% | 375,276 | $14.1M |
| Millennium Management | 0.01% | Add +53.2% | 357,426 | $13.4M |
| American Century Companies Inc. | 0.01% | Reduce -41.1% | 346,756 | $13.0M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | Add +3.8% | 333,596 | $12.5M |
| MetLife Investment Management, LLC | 0.06% | Reduce -1.6% | 314,574 | $11.8M |
| FMR LLC | 0.00% | Add +24.1% | 305,818 | $11.5M |
| Morgan Stanley | 0.00% | Add +3.2% | 291,208 | $10.9M |
| Phocas Financial Corp. | 1.32% | Reduce -0.2% | 271,481 | $10.2M |
| Glenmede Trust Co. NA | 0.05% | — | 260,721 | $9.8M |
| Wells Fargo & Company | 0.00% | Add +4.3% | 218,925 | $8.2M |
| Denali Advisors LLC | 0.85% | Add +13.6% | 205,200 | $7.7M |
| Oberweis Asset Management Inc./ | 0.27% | No change | 196,000 | $7.3M |
| ProShare Advisors LLC | 0.01% | Reduce -47.7% | 169,166 | $6.3M |
| Bank of America Corp. | 0.00% | Reduce -16.0% | 166,121 | $6.2M |
| UBS Group AG | 0.00% | Add +34.3% | 165,218 | $6.2M |
| OneAscent Financial Services LLC | 0.47% | Reduce -6.6% | 136,069 | $5.1M |
| Peregrine Capital Management LLC | 0.15% | Reduce -4.7% | 132,924 | $5.0M |
| Nordea Investment Management AB | 0.00% | Reduce -12.7% | 121,570 | $4.6M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.9% | 114,469 | $4.3M |
| Swiss National Bank | 0.00% | Add +1.0% | 114,062 | $4.3M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -31.4% | 112,011 | $4.2M |
| Sei Investments Co. | 0.00% | Add +2.2% | 111,136 | $4.2M |
| Barclays PLC | 0.00% | Add +22.2% | 110,964 | $4.2M |
| New York State Common Retirement Fund | 0.01% | Add +4.1% | 109,390 | $4.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -2.9% | 105,237 | $3.9M |
| Point72 Asset Management | 0.01% | Add +1576.4% | 105,180 | $3.9M |
| Tudor Investment Corporation | 0.02% | Add +3.1% | 101,567 | $3.8M |
| Wellington Management Group LLP | 0.00% | New | 99,379 | $3.7M |
| Curi Capital, LLC | 0.06% | Add +30.2% | 98,334 | $3.7M |
| Mendon Capital Advisors Corp. | 1.40% | Add +26.7% | 95,000 | $3.6M |
| Dark Forest Capital Management LP | 0.16% | Add +27.9% | 94,876 | $3.6M |
| Petiole USA ltd | 2.28% | No change | 94,047 | $3.5M |
| Great Lakes Advisors, LLC | 0.03% | Reduce -1.9% | 93,324 | $3.5M |
| Invesco Ltd. | 0.00% | Reduce -18.3% | 82,206 | $3.1M |
| Rhumbline Advisers | 0.00% | Reduce -15.2% | 81,913 | $3.1M |
| Mariner, LLC | 0.00% | Add +38.0% | 80,087 | $3.0M |
| D. E. Shaw & Co. | 0.00% | Reduce -5.6% | 79,870 | $3.0M |
| Creative Planning | 0.00% | Add +23.7% | 79,438 | $3.0M |
| Inspire Advisors, LLC | 0.27% | Add +7.2% | 78,081 | $2.9M |
| First Financial Bank - Trust Division | 0.23% | No change | 75,779 | $2.8M |
| Stifel Financial Corp. | 0.00% | Add +804.8% | 75,539 | $2.8M |
| Susquehanna International Group, LLP | 0.00% | Add +29.1% | 74,378 | $2.8M |
| AlphaQuest LLC | 0.15% | Add +28.5% | 72,395 | $2.7M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.50% | No change | 72,064 | $2.7M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Add +34.9% | 71,984 | $2.7M |
| Advisory Research Inc. | 0.32% | Reduce -5.4% | 68,439 | $2.6M |
| Alliancebernstein L.P. | 0.00% | No change | 68,157 | $2.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +1.7% | 67,787 | $2.5M |
| Numerai GP LLC | 0.30% | New | 66,215 | $2.5M |
| Two Sigma Investments, LP | 0.00% | Add +102.6% | 65,339 | $2.4M |
| Principal Financial Group Inc. | 0.00% | Reduce -91.0% | 64,083 | $2.4M |
| Trexquant Investment LP | 0.02% | Reduce -44.6% | 62,958 | $2.4M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.00% | New | 62,610 | $2.3M |
| BridgePort Financial Solutions, LLC | 0.59% | Add +4.1% | 58,107 | $2.2M |
| Franklin Resources Inc. | 0.00% | Add +9.9% | 55,678 | $2.1M |
| Legal & General Group Plc | 0.00% | Reduce -10.0% | 54,742 | $2.1M |
| California State Teachers Retirement System | 0.00% | Reduce -0.2% | 53,966 | $2.0M |
| Ieq Capital, LLC | 0.01% | Reduce -6.1% | 50,846 | $1.9M |
| SG Americas Securities, LLC | 0.00% | Add +66.5% | 50,226 | $1.9M |
| Jane Street Group, LLC | 0.00% | Reduce -58.1% | 50,080 | $1.9M |
| Versor Investments LP | 0.29% | New | 50,000 | $1.9M |
| Deutsche Bank AG | 0.00% | Add +6.0% | 49,162 | $1.8M |
| Marshall Wace, LLP | 0.00% | New | 46,629 | $1.7M |
| Elo Mutual Pension Insurance Co | 0.03% | Add +20.3% | 44,657 | $1.7M |
| Man Group plc | 0.00% | Add +102.8% | 44,457 | $1.7M |
| Citadel Advisors | 0.00% | Add +56.8% | 42,100 | $1.6M |
| Guggenheim Capital LLC | 0.01% | Reduce -1.8% | 41,929 | $1.6M |
| Engineers Gate Manager LP | 0.02% | Add +130.9% | 40,712 | $1.5M |
| Rafferty Asset Management, LLC | 0.01% | Reduce -19.8% | 39,609 | $1.5M |
| Vest Financial, LLC | 0.02% | Add +11.4% | 38,311 | $1.4M |
| Atom Investors LP | 0.11% | New | 37,858 | $1.4M |
| Citigroup Inc. | 0.00% | Reduce -42.3% | 37,848 | $1.4M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.0% | 37,695 | $1.4M |
"% of holder's portfolio" is FRME's weight in each manager's 13F, not the share of First Merchants Corp. the manager owns.