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First Merchants

298 hedge funds and large institutions have $1.79B invested in First Merchants in 2026 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 127 increasing their positions, 70 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

242% more call options, than puts

Call options by funds: $806K | Put options by funds: $236K

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

81% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 70

71% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 31

9% more capital invested

Capital invested by funds: $1.64B → $1.79B (+$141M)

6% more funds holding

Funds holding: 281298 (+17)

3.13% less ownership

Funds ownership: 75.9%72.76% (-3.1%)

Holders
298
Holders Change
+17
Holders Change %
+6.05%
% of All Funds
3.67%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
53
Increased
127
Reduced
70
Closed
31
Calls
$806K
Puts
$236K
Net Calls
+$570K
Net Calls Change
+$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$190M +$9.98M +255,670 +6%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$139M +$10.9M +277,977 +8%
VPM
3
Vanguard Portfolio Management
Pennsylvania
$130M +$131M +3,359,034 New
VCM
4
Vanguard Capital Management
Pennsylvania
$106M +$107M +2,730,611 New
EARNEST Partners
5
EARNEST Partners
Georgia
$87.4M -$2.14M -54,782 -2%
State Street
6
State Street
Massachusetts
$86.7M +$10.3M +264,795 +13%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$61M +$5.54M +141,941 +10%
Goldman Sachs
8
Goldman Sachs
New York
$44M +$8.12M +207,941 +22%
N
9
Nuveen
North Carolina
$40.4M -$583K -14,924 -1%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$39M +$35.5M +907,856 +914%
Victory Capital Management
11
Victory Capital Management
Texas
$38.5M +$1.52M +38,798 +4%
SFM
12
Systematic Financial Management
New Jersey
$33.4M +$3.27M +83,667 +11%
William Blair Investment Management
13
William Blair Investment Management
Illinois
$30.6M +$1.01M +25,978 +3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$29.4M -$174K -4,466 -0.6%
First Trust Advisors
15
First Trust Advisors
Illinois
$28.1M +$382K +9,771 +1%
Charles Schwab
16
Charles Schwab
California
$27.9M +$1.47M +37,537 +6%
FCM
17
FJ Capital Management
Virginia
$27.6M +$3.04M +77,757 +12%
PCA
18
PL Capital Advisors
Florida
$26.6M
Northern Trust
19
Northern Trust
Illinois
$25.3M +$3.4M +86,973 +15%
Qube Research & Technologies (QRT)
20
Qube Research & Technologies (QRT)
United Kingdom
$25.2M +$884K +22,640 +4%
Public Employees Retirement Association of Colorado
21
Public Employees Retirement Association of Colorado
Colorado
$21.2M
FMC
22
First Merchants Corp
Indiana
$20.3M -$374K -9,581 -2%
JP Morgan Chase
23
JP Morgan Chase
New York
$20.2M -$2.96M -75,709 -13%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.8M -$165K -4,229 -1%
Two Sigma Investments
25
Two Sigma Investments
New York
$15.7M +$13.3M +340,213 +521%