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 | |
|---|---|---|---|---|---|---|---|
201
Amgen
AMGN
$230B
| $248K | 0.04% |
1,424
+149
| +12% | +$26.4K |
2016 Q3
5 quarters
|
|
202
Illinois Tool Works
ITW
$76.7B
| $241K | 0.04% |
1,446
+46
| +3% | +$7.34K |
2017 Q2
2 quarters
|
|
203
iShares MSCI EAFE ETF
EFA
$76.3B
| $239K | 0.04% |
3,403
| – | – |
2016 Q2
6 quarters
|
|
204
APA Corp
APA
$16.6B
| $226K | 0.04% |
+5,353
| New | +$225K |
2017 Q4
0 quarters
|
|
205
Republic Services
RSG
$68.7B
| $223K | 0.04% |
3,300
| – | – |
2016 Q3
5 quarters
|
|
206
iShares China Large-Cap ETF
FXI
$3.9B
| $222K | 0.04% |
4,800
| – | – |
2017 Q3
1 quarter
|
|
207
CME Group
CME
$103B
| $219K | 0.04% |
1,500
-2,950
| -66% | -$420K |
2016 Q3
5 quarters
|
|
208
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$18.6B
| $218K | 0.04% |
2,150
| – | – |
2017 Q3
1 quarter
|
|
209
Simon Property Group
SPG
$64.3B
| $213K | 0.04% |
+1,243
| New | +$202K |
2017 Q4
0 quarters
|
|
210
Adobe
ADBE
$93.7B
| $210K | 0.04% |
+1,200
| New | +$206K |
2017 Q4
0 quarters
|
|
211
Schwab US TIPS ETF
SCHP
$16.3B
| $206K | 0.04% |
7,442
| – | – |
2017 Q3
1 quarter
|
|
212
Lockheed Martin
LMT
$121B
| $205K | 0.03% |
+639
| New | +$201K |
2017 Q4
0 quarters
|
|
213
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $201K | 0.03% |
6,750
| – | – |
2017 Q3
1 quarter
|
|
214
American Tower
AMT
$83.6B
| – | – |
-2,035
| Closed | -$278K | – |
|
215
Amazon
AMZN
$2.74T
| – | – |
-5,000
| Closed | -$240K | – |
|
216
Micron Technology
MU
$1.03T
| – | – |
-9,000
| Closed | -$354K | – |
|
217
iShares National Muni Bond ETF
MUB
$48.8B
| – | – |
-1,200
| Closed | -$133K | – |
|
218
Oceaneering
OII
$4.33B
| – | – |
-13,380
| Closed | -$351K | – |
|
219
Southern Company
SO
$103B
| – | – |
-4,400
| Closed | -$216K | – |
|
220
Vanguard Global ex-US Real Estate ETF
VNQI
$3.21B
| – | – |
-7,140
| Closed | -$424K | – |
|
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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.