William Blair Investment Management’s First Merchants FRME Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$30.6M	Buy	789,882 +25,978	+3%	+$1.01M	0.1%	186
2025 Q4	$28.6M	Sell	763,904 -79,270	-9%	-$2.94M	0.08%	206
2025 Q3	$31.8M	Buy	843,174 +118,495	+16%	+$4.73M	0.08%	203
2025 Q2	$27.8M	Sell	724,679 -59,782	-8%	-$2.21M	0.07%	234
2025 Q1	$31.7M	Sell	784,461 -36,188	-4%	-$1.51M	0.09%	208
2024 Q4	$32.7M	Buy	820,649 +19,932	+2%	+$806K	0.08%	229
2024 Q3	$29.8M	Sell	800,717 -24,536	-3%	-$908K	0.07%	239
2024 Q2	$27.5M	Sell	825,253 -1,666	-0.2%	-$55.7K	0.07%	245
2024 Q1	$28.9M	Buy	826,919 +535	+0.1%	+$18.4K	0.07%	250
2023 Q4	$30.6M	Sell	826,384 -16,991	-2%	-$526K	0.09%	225
2023 Q3	$23.5M	Sell	843,375 -65,740	-7%	-$1.97M	0.08%	252
2023 Q2	$25.7M	Buy	909,115 +17,184	+2%	+$488K	0.08%	250
2023 Q1	$29.4M	Buy	891,931 +2,067	+0.2%	+$81.9K	0.1%	223
2022 Q4	$36.6M	Sell	889,864 -33,822	-4%	-$1.43M	0.14%	149
2022 Q3	$35.7M	Sell	923,686 -19,228	-2%	-$763K	0.14%	151
2022 Q2	$33.6M	Sell	942,914 -23,820	-2%	-$938K	0.12%	192
2022 Q1	$40.2M	Sell	966,734 -12,163	-1%	-$528K	0.12%	184
2021 Q4	$41M	Buy	978,897 +152,700	+18%	+$6.4M	0.11%	197
2021 Q3	$34.6M	Buy	826,197 +824,522	+49,225%	+$33.5M	0.1%	240
2021 Q2	$70K	Buy	+1,675	New	+$76.4K	﹤0.01%	429