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First Merchants

272 hedge funds and large institutions have $1.8B invested in First Merchants in 2025 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 78 increasing their positions, 95 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 16

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

8% more funds holding

Funds holding: 253272 (+19)

1.44% more ownership

Funds ownership: 74.4%75.84% (+1.4%)

3% more capital invested

Capital invested by funds: $1.74B → $1.8B (+$53.7M)

18% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 95

Holders
272
Holders Change
+19
Holders Change %
+7.51%
% of All Funds
3.65%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
37
Increased
78
Reduced
95
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PWMG
251
Private Wealth Management Group
New Jersey
$2.23K
CPG
252
Cornerstone Planning Group
New Jersey
$2K
HWM
253
Hemington Wealth Management
Virginia
$2K +$750 +18 +38%
FFA
254
Farther Finance Advisors
California
$1.97K -$42 -1 -2%
JWA
255
JFS Wealth Advisors
Pennsylvania
$1.62K
BIA
256
Bell Investment Advisors
California
$1.5K
WA
257
WPG Advisers
Maryland
$1.5K
PFBT
258
Parkside Financial Bank & Trust
Missouri
$1.22K +$1.25K +30 New
SPIA
259
Steward Partners Investment Advisory
New York
$971
SC
260
Stephens Consulting
Michigan
$809 +$833 +20 New
MPWT
261
MassMutual Private Wealth & Trust
Connecticut
$768 -$791 -19 -50%
HNB
262
Huntington National Bank
Ohio
$687 -$4.42K -106 -86%
DPW
263
DiNuzzo Private Wealth
Pennsylvania
$486
SIC
264
SJS Investment Consulting
Ohio
$445
GFPC
265
Global Financial Private Client
Florida
$445 +$292 +7 +175%
IA
266
IFP Advisors
Florida
$324
PTC
267
Private Trust Company
Ohio
$202
SS
268
SBI Securities
Japan
$162 +$125 +3 +300%
BHWM
269
Bay Harbor Wealth Management
Maryland
$121 +$125 +3 New
PWM
270
Parkworth Wealth Management
California
$81
HIA
271
HFM Investment Advisors
New Jersey
$81 +$83 +2 New
TWD
272
True Wealth Design
Ohio
$81 +$83 +2 New
EP
273
Edgestream Partners
New Jersey
-$1.6M -40,126 Closed
SGI
274
Summit Global Investments
Utah
-$811K -20,332 Closed
Natixis Advisors
275
Natixis Advisors
Massachusetts
-$570K -14,277 Closed

FRME Hedge Fund Activity: Q1 2025 in Review

272 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2025, worth a combined $1.8B — up 3.1% from $1.74B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FRME positions and 16 closed out — a net gain of 21 holders — while 78 added to existing stakes and 95 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $16.3M. The largest seller was American Century Companies, cutting an estimated $12.1M.

  • 272 institutional investors held First Merchants (FRME) as of Q1 2025, up from 253 in Q4 2024.
  • Funds reported $1.8B of First Merchants stock for Q1 2025, up 3.1% quarter-over-quarter.
  • 37 funds opened new First Merchants positions in Q1 2025 and 16 closed out, a net change of +21 holders.
  • The largest First Merchants buyer in Q1 2025 was First Trust Advisors, an estimated $16.3M added.
  • The largest First Merchants seller in Q1 2025 was American Century Companies, an estimated $12.1M sold.

Based on aggregated 13F filings for Q1 2025.