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First Merchants

145 hedge funds and large institutions have $635M invested in First Merchants in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 47 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

5% more capital invested

Capital invested by funds: $605M → $635M (+$30.8M)

1% less funds holding

Funds holding: 147145 (-2)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

15% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 47

Holders
145
Holders Change
-2
Holders Change %
-1.36%
% of All Funds
3.86%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
13
Increased
40
Reduced
47
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QI
26
QS Investors
New York
$4.9M -$9.11K -400 -0.2%
NFA
27
Nationwide Fund Advisors
Ohio
$4.32M -$47.8K -2,097 -1%
CAM
28
ClariVest Asset Management
California
$4.01M +$2.07M +91,019 +115%
JP Morgan Chase
29
JP Morgan Chase
New York
$3.86M -$572K -25,100 -13%
TCIM
30
TIAA CREF Investment Management
New York
$3.71M
KCM
31
Kennedy Capital Management
Missouri
$3.64M -$7.79K -342 -0.2%
Invesco
32
Invesco
Georgia
$3.63M +$1.01M +44,513 +41%
BCM
33
Bridgeway Capital Management
Texas
$3.55M +$9.11K +400 +0.3%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$3.35M
BMCMI
35
Bryn Mawr Capital Management Inc
Pennsylvania
$3.27M -$384K -16,844 -11%
JAM
36
Jacobs Asset Management
New York
$3.22M
MCM
37
McKinley Capital Management
Alaska
$3.19M +$979K +42,969 +47%
BNP Paribas Asset Management
38
BNP Paribas Asset Management
France
$3.07M -$256K -11,229 -8%
Morgan Stanley
39
Morgan Stanley
New York
$2.93M -$1.17M -51,417 -29%
Goldman Sachs
40
Goldman Sachs
New York
$2.85M +$182K +7,980 +7%
BIM
41
BlackRock Investment Management
Delaware
$2.82M +$12.8K +562 +0.5%
Principal Financial Group
42
Principal Financial Group
Iowa
$2.59M +$557K +24,457 +29%
Charles Schwab
43
Charles Schwab
California
$2.58M -$5.83K -256 -0.2%
FA
44
FCG Advisors
New Jersey
$2.57M -$45.2K -1,983 -2%
WA
45
Whitebox Advisors
Minnesota
$2.4M +$2.32M +102,004 New
BGIM
46
Brandywine Global Investment Management
Pennsylvania
$2.3M
MAM
47
Martingale Asset Management
Massachusetts
$2.18M +$159 +7 +0%
SAM
48
Shell Asset Management
Netherlands
$2.17M -$6.2K -272 -0.3%
Nordea Investment Management
49
Nordea Investment Management
Sweden
$2.14M +$2.07M +90,800 New
State Board of Administration of Florida Retirement System
50
State Board of Administration of Florida Retirement System
Florida
$1.99M

FRME Hedge Fund Activity: Q1 2015 in Review

145 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2015, worth a combined $635M — up 5.1% from $605M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of FRME and 13 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 40 added.

The largest buyer was Investment Counselors of Maryland, adding an estimated $5.02M. The largest seller was Mason Street Advisors, exiting entirely with an estimated $3.68M sold.

  • 145 institutional investors held First Merchants (FRME) as of Q1 2015, down from 147 in Q4 2014.
  • Funds reported $635M of First Merchants stock for Q1 2015, up 5.1% quarter-over-quarter.
  • 13 funds opened new First Merchants positions in Q1 2015 and 15 closed out, a net change of -2 holders.
  • The largest First Merchants buyer in Q1 2015 was Investment Counselors of Maryland, an estimated $5.02M added.
  • The largest First Merchants seller in Q1 2015 was Mason Street Advisors, an estimated $3.68M sold.

Based on aggregated 13F filings for Q1 2015.