Monarch Capital Management’s First Merchants FRME Stock Holding History

Monarch Capital Management’s Portfolio FRME Stock Details FRME Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$368K	Sell	8,418 -500	-6%	-$20.3K	0.08%	114
2026 Q1	$345K	Hold	8,918	–	–	0.08%	109
2025 Q4	$334K	Hold	8,918	–	–	0.08%	110
2025 Q3	$336K	Hold	8,918	–	–	0.08%	110
2025 Q2	$342K	Hold	8,918	–	–	0.09%	104
2025 Q1	$361K	Hold	8,918	–	–	0.1%	101
2024 Q4	$356K	Sell	8,918 -800	-8%	-$32.4K	0.1%	101
2024 Q3	$362K	Hold	9,718	–	–	0.1%	101
2024 Q2	$324K	Hold	9,718	–	–	0.1%	101
2024 Q1	$339K	Hold	9,718	–	–	0.1%	100
2023 Q4	$360K	Hold	9,718	–	–	0.11%	98
2023 Q3	$270K	Hold	9,718	–	–	0.09%	103
2023 Q2	$274K	Hold	9,718	–	–	0.08%	103
2023 Q1	$320K	Hold	9,718	–	–	0.1%	101
2022 Q4	$400K	Hold	9,718	–	–	0.12%	92
2022 Q3	$376K	Hold	9,718	–	–	0.12%	92
2022 Q2	$346K	Hold	9,718	–	–	0.1%	99
2022 Q1	$404K	Hold	9,718	–	–	0.11%	99
2021 Q4	$407K	Hold	9,718	–	–	0.1%	96
2021 Q3	$407K	Hold	9,718	–	–	0.11%	94
2021 Q2	$405K	Hold	9,718	–	–	0.12%	94
2021 Q1	$452K	Sell	9,718 -200	-2%	-$8.62K	0.13%	85
2020 Q4	$371K	Hold	9,918	–	–	0.12%	88
2020 Q3	$230K	Hold	9,918	–	–	0.08%	94
2020 Q2	$273K	Hold	9,918	–	–	0.1%	89
2020 Q1	$263K	Hold	9,918	–	–	0.11%	86
2019 Q4	$412K	Sell	9,918 -413	-4%	-$16.5K	0.13%	80
2019 Q3	$389K	Hold	10,331	–	–	0.14%	79
2019 Q2	$392K	Hold	10,331	–	–	0.14%	80
2019 Q1	$381K	Hold	10,331	–	–	0.14%	81
2018 Q4	$354K	Hold	10,331	–	–	0.14%	78
2018 Q3	$465K	Hold	10,331	–	–	0.17%	76
2018 Q2	$479K	Hold	10,331	–	–	0.18%	72
2018 Q1	$431K	Hold	10,331	–	–	0.17%	73
2017 Q4	$435K	Hold	10,331	–	–	0.16%	73
2017 Q3	$444K	Buy	+10,331	New	+$411K	0.17%	73

Other funds holding FRME

PCA

PL Capital Advisors Naples, Florida $360M AUM 32.54% 1-Year Est. Return

FMC

First Merchants Corp Muncie, Indiana $2.84B AUM 15.58% 1-Year Est. Return

PFC

Phocas Financial Corp Alameda, California $721M AUM 63.77% 1-Year Est. Return

Lynch & Associates Newburgh, Indiana $573M AUM 21.74% 1-Year Est. Return

New York State Common Retirement Fund Albany, New York $79.3B AUM 43.63% 1-Year Est. Return

PCM

Peregrine Capital Management Minneapolis, Minnesota $3.08B AUM 29.51% 1-Year Est. Return

FFBTD

First Financial Bank - Trust Division Hamilton, Ohio $1.4B AUM 23.96% 1-Year Est. Return

BFS

BridgePort Financial Solutions Fairfield, Iowa $393M AUM 22.24% 1-Year Est. Return

YIH

Y-Intercept (HK) Hong Kong $5.05B AUM 17.89% 1-Year Est. Return

Vest Financial Mclean, Virginia $9.52B AUM 31.6% 1-Year Est. Return

Monarch Capital Management's FRME Position: Q2 2026 in Review

Monarch Capital Management reduced its First Merchants (FRME) stake by 5.6% in Q2 2026, selling an estimated $20.3K and leaving 8,418 shares worth $368K. The position accounts for 0.08% of the portfolio, ranked #114.

Monarch Capital Management first reported a position in FRME in Q3 2017 and has held it in 36 quarters since. The position peaked at $479K in Q2 2018. 81 funds tracked by Wall St. Rank hold FRME as of Q2 2026.

Monarch Capital Management held 8,418 shares of First Merchants worth $368K as of Q2 2026.
Monarch Capital Management sold 500 First Merchants shares in Q2 2026, an estimated $20.3K.
First Merchants made up 0.08% of Monarch Capital Management's portfolio in Q2 2026, its #114 holding.
Monarch Capital Management first reported a position in First Merchants in Q3 2017 and has held it in 36 quarters since.
Monarch Capital Management's First Merchants position peaked at $479K in Q2 2018.
81 funds tracked by Wall St. Rank held First Merchants as of Q2 2026.

Based on Monarch Capital Management's 13F filing for Q2 2026, filed 22 Jul 2026.