First Merchants Corp Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$1.21B |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$71.1M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$18.2M |
| 4 |
First Merchants
FRME
|
+$15.5M |
| 5 |
iShares US Technology ETF
IYW
|
+$14.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Franklin Electric
FELE
|
+$3.48M |
| 2 |
JPMorgan Chase
JPM
|
+$2.09M |
| 3 |
State Street Real Estate Select Sector SPDR ETF
XLRE
|
+$1.44M |
| 4 |
PBCT
People's United Financial Inc
PBCT
|
+$1.18M |
| 5 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$1.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 10.53% |
| 2 | Technology | 9.27% |
| 3 | Healthcare | 8.82% |
| 4 | Industrials | 8.34% |
| 5 | Consumer Staples | 5.41% |
Similar funds
First Merchants Corp's Q3 2019 Portfolio in Review
As of Q3 2019, First Merchants Corp held 270 positions worth $941M, up 50% from $628M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
First Merchants Corp deployed $1.5B of net new capital in Q3 2019, opening 68 new positions and adding to 95 existing holdings. Its largest new stake was iShares Core US Aggregate Bond ETF: 632,444 shares worth $71.6M.
By sector, the portfolio is most concentrated in Financials at 11% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Franklin Electric, an estimated $3.48M trimmed.
- First Merchants Corp's largest Q3 2019 buy was iShares Core US Aggregate Bond ETF: 632,444 shares worth $71.6M.
- First Merchants Corp added most to Berkshire Hathaway Class A in Q3 2019, an estimated $1.21B increase.
- First Merchants Corp's biggest Q3 2019 reduction was Franklin Electric, cutting an estimated $3.48M.
- First Merchants Corp fully exited APA Corp in Q3 2019, selling an estimated $1.02M.
- First Merchants Corp's ten largest holdings make up 24% of its $941M portfolio in Q3 2019.
- First Merchants Corp opened 68 new positions and closed 8 in Q3 2019.
- First Merchants Corp's portfolio value rose 50% quarter-over-quarter to $941M.
Based on First Merchants Corp's 13F filing for Q3 2019, filed 24 Oct 2019.