FMC
First Merchants Corp Portfolio holdings
AUM
$2.84B
Turnover
7.49%
1-Year Est. Return
15.58%
This Fund
S&P 500
This Quarter
Est. Return
+6.48%
1 Year Est. Return
+15.58%
3 Year Est. Return
+49.94%
5 Year Est. Return
+66.76%
10 Year Est. Return
+234.28%
AUM
$587M
AUM Growth
+$7.73M
(+1.3%)
Cap. Flow
-$27.6M
Cap. Flow
% of AUM
-4.7%
Top 10 Holdings %
Top 10 Hldgs %
24.5%
Holding
220
New
7
Increased
42
Reduced
127
Closed
7
Avg Time Held
2.4
years
Top 10 Avg Time Held
2.3
years
Top 20 Avg Time Held
2.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nucor
NUE
|
+$1.65M |
| 2 |
Signet Jewelers
SIG
|
+$1.53M |
| 3 |
Medtronic
MDT
|
+$773K |
| 4 |
Canadian National Railway
CNI
|
+$435K |
| 5 |
Carnival Corporation Ltd
CCL
|
+$364K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Home Depot
HD
|
+$1.81M |
| 2 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$1.45M |
| 3 |
Genuine Parts
GPC
|
+$1.3M |
| 4 |
Graco
GGG
|
+$1.27M |
| 5 |
Vanguard Total Bond Market
BND
|
+$939K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.84% |
| 2 | Financials | 14.31% |
| 3 | Industrials | 11.89% |
| 4 | Technology | 11.62% |
| 5 | Healthcare | 10.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Vanguard Short-Term Bond ETF
BSV
$45.4B
| $426K | 0.07% |
5,385
| – | – |
2017 Q3
1 quarter
|
|
177
Public Storage
PSA
$54B
| $418K | 0.07% |
2,000
| – | – |
2017 Q3
1 quarter
|
|
178
Bristol-Myers Squibb
BMY
$121B
| $417K | 0.07% |
6,795
-775
| -10% | -$48.5K |
2013 Q2
18 quarters
|
|
179
Schwab International Small-Cap Equity ETF
SCHC
$5.47B
| $401K | 0.07% |
10,950
-14,500
| -57% | -$525K |
2017 Q3
1 quarter
|
|
|
CELG
180
DELISTED
Celgene Corp
CELG
| $398K | 0.07% |
3,810
-4,675
| -55% | -$528K |
2017 Q3
1 quarter
|
|
181
DELISTED
Unilever NV New York Registry Shares
UN
| $386K | 0.07% |
6,850
| – | – |
2017 Q3
1 quarter
|
|
182
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.25B
| $365K | 0.06% |
7,205
+150
| +2% | +$7.72K |
2017 Q3
1 quarter
|
|
183
VanEck Preferred Securities ex Financials ETF
PFXF
$2.29B
| $350K | 0.06% |
17,800
-250
| -1% | -$4.97K |
2017 Q3
1 quarter
|
|
184
Goldman Sachs
GS
$256B
| $347K | 0.06% |
1,362
| – | – |
2017 Q3
1 quarter
|
|
185
Merck
MRK
$364B
| $345K | 0.06% |
6,424
-811
| -11% | -$45K |
2013 Q2
18 quarters
|
|
186
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.8B
| $343K | 0.06% |
3,920
-5
| -0.1% | -$438 |
2017 Q3
1 quarter
|
|
187
Alerian MLP ETF
AMLP
$12.6B
| $336K | 0.06% |
6,236
| – | – |
2013 Q2
18 quarters
|
|
188
Darden Restaurants
DRI
$23.6B
| $324K | 0.06% |
3,370
| – | – |
2017 Q3
1 quarter
|
|
189
Diageo
DEO
$51.2B
| $309K | 0.05% |
2,113
| – | – |
2017 Q3
1 quarter
|
|
190
Douglas Dynamics
PLOW
$920M
| $293K | 0.05% |
7,750
| – | – |
2017 Q3
1 quarter
|
|
191
NOV
NOV
$6.68B
| $292K | 0.05% |
8,106
-1,713
| -17% | -$57.9K |
2013 Q2
18 quarters
|
|
192
Elevance Health
ELV
$92.8B
| $288K | 0.05% |
+1,278
| New | +$272K |
2017 Q4
0 quarters
|
|
193
Bank of America
BAC
$359B
| $283K | 0.05% |
9,600
| – | – |
2017 Q3
1 quarter
|
|
194
Tractor Supply
TSCO
$17.1B
| $277K | 0.05% |
18,560
| – | – |
2017 Q3
1 quarter
|
|
195
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.13B
| $277K | 0.05% |
3,450
+100
| +3% | +$8.04K |
2017 Q3
1 quarter
|
|
196
National Fuel Gas
NFG
$7.53B
| $275K | 0.05% |
5,000
| – | – |
2017 Q3
1 quarter
|
|
197
Deere & Co
DE
$175B
| $269K | 0.05% |
+1,719
| New | +$241K |
2017 Q4
0 quarters
|
|
198
DELISTED
AvalonBay Communities
AVB
| $268K | 0.05% |
1,500
| – | – |
2017 Q3
1 quarter
|
|
199
Newell Brands
NWL
$2.33B
| $263K | 0.04% |
8,508
| – | – |
2016 Q2
6 quarters
|
|
200
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.2B
| $262K | 0.04% |
8,600
| – | – |
2017 Q3
1 quarter
|
|
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First Merchants Corp's Q4 2017 Portfolio in Review
As of Q4 2017, First Merchants Corp held 220 positions worth $587M, up 1.3% from $579M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
First Merchants Corp withdrew a net $27.6M in Q4 2017, closing 7 positions and reducing 127 holdings. Its most notable exit was Vanguard Global ex-US Real Estate ETF, an estimated $424K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 29% of assets, down from 29% a quarter earlier, followed by Financials and Industrials.
Against the trend, First Merchants Corp opened a new position in Signet Jewelers worth $1.41M.
- First Merchants Corp's largest Q4 2017 buy was Signet Jewelers: 24,977 shares worth $1.41M.
- First Merchants Corp added most to Nucor in Q4 2017, an estimated $1.65M increase.
- First Merchants Corp's biggest Q4 2017 reduction was Home Depot, cutting an estimated $1.81M.
- First Merchants Corp fully exited Vanguard Global ex-US Real Estate ETF in Q4 2017, selling an estimated $424K.
- First Merchants Corp's ten largest holdings make up 24% of its $587M portfolio in Q4 2017.
- First Merchants Corp opened 7 new positions and closed 7 in Q4 2017.
- First Merchants Corp's portfolio value rose 1.3% quarter-over-quarter to $587M.
Based on First Merchants Corp's 13F filing for Q4 2017, filed 30 Jan 2018.