Vanguard Group
FRME icon

Vanguard Group’s First Merchants FRME Stock Holding History

Vanguard Group’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
2025
Q4 		$224M Sell
5,983,901
-94,617
-2% -$3.51M ﹤0.01% 1491
2025
Q3 		$229M Sell
6,078,518
-107,689
-2% -$4.3M ﹤0.01% 1475
2025
Q2 		$237M Sell
6,186,207
-51,924
-0.8% -$1.92M ﹤0.01% 1433
2025
Q1 		$252M Sell
6,238,131
-98,806
-2% -$4.12M ﹤0.01% 1367
2024
Q4 		$253M Buy
6,336,937
+138,689
+2% +$5.61M ﹤0.01% 1433
2024
Q3 		$231M Sell
6,198,248
-264,014
-4% -$9.77M ﹤0.01% 1474
2024
Q2 		$215M Sell
6,462,262
-68,049
-1% -$2.27M ﹤0.01% 1460
2024
Q1 		$228M Sell
6,530,311
-41,228
-0.6% -$1.42M ﹤0.01% 1426
2023
Q4 		$244M Buy
6,571,539
+32,126
+0.5% +$995K 0.01% 1392
2023
Q3 		$182M Buy
6,539,413
+84,858
+1% +$2.54M ﹤0.01% 1477
2023
Q2 		$182M Buy
6,454,555
+17,808
+0.3% +$505K ﹤0.01% 1510
2023
Q1 		$212M Buy
6,436,747
+10,670
+0.2% +$423K 0.01% 1419
2022
Q4 		$264M Buy
6,426,077
+164,992
+3% +$6.97M 0.01% 1262
2022
Q3 		$242M Buy
6,261,085
+134,383
+2% +$5.33M 0.01% 1279
2022
Q2 		$218M Buy
6,126,702
+417,734
+7% +$16.4M 0.01% 1369
2022
Q1 		$237M Buy
5,708,968
+426,862
+8% +$18.5M 0.01% 1443
2021
Q4 		$221M Buy
5,282,106
+117,029
+2% +$4.9M 0.01% 1548
2021
Q3 		$216M Sell
5,165,077
-52,389
-1% -$2.13M 0.01% 1552
2021
Q2 		$217M Buy
5,217,466
+85,925
+2% +$3.92M 0.01% 1582
2021
Q1 		$239M Buy
5,131,541
+101,637
+2% +$4.38M 0.01% 1483
2020
Q4 		$188M Buy
5,029,904
+143,520
+3% +$4.46M 0.01% 1498
2020
Q3 		$113M Sell
4,886,384
-256,903
-5% -$6.42M ﹤0.01% 1631
2020
Q2 		$142M Buy
5,143,287
+19,665
+0.4% +$525K 0.01% 1488
2020
Q1 		$136M Buy
5,123,622
+176,994
+4% +$6.46M 0.01% 1351
2019
Q4 		$206M Buy
4,946,628
+61,331
+1% +$2.45M 0.01% 1376
2019
Q3 		$184M Buy
4,885,297
+281,498
+6% +$10.5M 0.01% 1380
2019
Q2 		$174M Sell
4,603,799
-74,437
-2% -$2.73M 0.01% 1441
2019
Q1 		$172M Buy
4,678,236
+295,272
+7% +$11.3M 0.01% 1430
2018
Q4 		$150M Buy
4,382,964
+154,810
+4% +$6.29M 0.01% 1430
2018
Q3 		$190M Buy
4,228,154
+65,034
+2% +$3.1M 0.01% 1425
2018
Q2 		$193M Buy
4,163,120
+129,545
+3% +$5.81M 0.01% 1374
2018
Q1 		$168M Buy
4,033,575
+106,803
+3% +$4.57M 0.01% 1405
2017
Q4 		$165M Buy
3,926,772
+811,872
+26% +$34.7M 0.01% 1430
2017
Q3 		$134M Buy
3,114,900
+1,208,263
+63% +$48.1M 0.01% 1530
2017
Q2 		$76.5M Buy
1,906,637
+119,583
+7% +$4.82M ﹤0.01% 1813
2017
Q1 		$70.3M Buy
1,787,054
+91,051
+5% +$3.55M ﹤0.01% 1834
2016
Q4 		$63.9M Buy
1,696,003
+60,160
+4% +$1.91M ﹤0.01% 1857
2016
Q3 		$43.8M Buy
1,635,843
+43,489
+3% +$1.15M ﹤0.01% 1989
2016
Q2 		$39.7M Buy
1,592,354
+48,608
+3% +$1.21M ﹤0.01% 2009
2016
Q1 		$36.4M Buy
1,543,746
+157,035
+11% +$3.59M ﹤0.01% 2011
2015
Q4 		$35.3M Buy
1,386,711
+55,319
+4% +$1.46M ﹤0.01% 2042
2015
Q3 		$34.9M Buy
1,331,392
+21,362
+2% +$552K ﹤0.01% 2034
2015
Q2 		$32.4M Buy
1,310,030
+30,630
+2% +$722K ﹤0.01% 2142
2015
Q1 		$30.1M Buy
1,279,400
+46,480
+4% +$1.06M ﹤0.01% 2157
2014
Q4 		$28.1M Buy
1,232,920
+45,608
+4% +$991K ﹤0.01% 2107
2014
Q3 		$24M Buy
1,187,312
+58,209
+5% +$1.19M ﹤0.01% 2128
2014
Q2 		$23.9M Buy
1,129,103
+6,712
+0.6% +$140K ﹤0.01% 2149
2014
Q1 		$24.3M Buy
1,122,391
+68,430
+6% +$1.45M ﹤0.01% 2118
2013
Q4 		$24M Buy
1,053,961
+268,297
+34% +$5.37M ﹤0.01% 2103
2013
Q3 		$13.6M Buy
785,664
+27,369
+4% +$491K ﹤0.01% 2252
2013
Q2 		$13M Buy
+758,295
New +$12.2M ﹤0.01% 2220

Other funds holding FRME

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
EARNEST Partners
EARNEST Partners Atlanta, Georgia $24.3B AUM 34.41% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return
N
Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
SFM
Systematic Financial Management Teaneck, New Jersey $4.36B AUM 40.56% 1-Year Est. Return

Vanguard Group's FRME Position: Q4 2025 in Review

Vanguard Group reduced its First Merchants (FRME) stake by 1.6% in Q4 2025, selling an estimated $3.51M and leaving 5,983,901 shares worth $224M. The position accounts for ﹤0.01% of the portfolio, ranked #1491.

Vanguard Group first reported a position in FRME in Q2 2013 and has held it in 51 quarters since. The position peaked at $264M in Q4 2022. 281 funds tracked by Wall St. Rank hold FRME as of Q4 2025.

  • Vanguard Group held 5,983,901 shares of First Merchants worth $224M as of Q4 2025.
  • Vanguard Group sold 94,617 First Merchants shares in Q4 2025, an estimated $3.51M.
  • First Merchants made up ﹤0.01% of Vanguard Group's portfolio in Q4 2025, its #1491 holding.
  • Vanguard Group first reported a position in First Merchants in Q2 2013 and has held it in 51 quarters since.
  • Vanguard Group's First Merchants position peaked at $264M in Q4 2022.
  • 281 funds tracked by Wall St. Rank held First Merchants as of Q4 2025.

Based on Vanguard Group's 13F filing for Q4 2025, filed 29 Jan 2026.