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First Merchants

194 hedge funds and large institutions have $1.6B invested in First Merchants in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 70 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 60

1.07% more ownership

Funds ownership: 70.89%71.97% (+1.1%)

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% more funds holding

Funds holding: 193194 (+1)

2% less capital invested

Capital invested by funds: $1.63B → $1.6B (-$26.3M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
194
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
4.43%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
18
Increased
70
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$12.3M -$1.34M -28,109 -9%
Charles Schwab
27
Charles Schwab
California
$12.1M +$1.72M +36,132 +15%
Nordea Investment Management
28
Nordea Investment Management
Sweden
$11.8M -$2.16M -45,432 -15%
EAM
29
Eagle Asset Management
Florida
$11.6M +$236K +4,951 +2%
TCIM
30
TIAA CREF Investment Management
New York
$9.84M -$464K -9,741 -4%
BNP Paribas Asset Management
31
BNP Paribas Asset Management
France
$9.81M +$61.8K +1,299 +0.6%
CCM
32
Castine Capital Management
Massachusetts
$9.78M -$719K -15,098 -6%
First Trust Advisors
33
First Trust Advisors
Illinois
$9.44M +$5.2M +109,254 +109%
RCAMU
34
Rothschild & Co Asset Management US
Connecticut
$9.05M -$4.45M -93,497 -32%
Morgan Stanley
35
Morgan Stanley
New York
$8.98M +$3.01M +63,278 +46%
Deutsche Bank
36
Deutsche Bank
Germany
$8.83M +$2.14M +45,060 +30%
PC
37
Pier Capital
Connecticut
$8.4M -$2.64M -55,553 -23%
FMC
38
First Merchants Corp
Indiana
$8.21M -$27.8K -584 -0.3%
CAM
39
ClariVest Asset Management
California
$7.97M -$3.27M -68,800 -28%
Robeco Institutional Asset Management
40
Robeco Institutional Asset Management
Netherlands
$7.44M
Cambridge Investment Research Advisors
41
Cambridge Investment Research Advisors
Iowa
$7.18M -$38.8K -815 -0.5%
Millennium Management
42
Millennium Management
New York
$6.79M +$530K +11,129 +8%
AQR Capital Management
43
AQR Capital Management
Connecticut
$6.57M -$1.03M -21,708 -13%
USAA
44
United Services Automobile Association
Texas
$6.28M +$191K +4,018 +3%
Natixis Advisors
45
Natixis Advisors
Massachusetts
$5.94M -$1.17M -24,564 -16%
Federated Hermes
46
Federated Hermes
Pennsylvania
$5.83M +$3.83M +80,555 +164%
QI
47
QS Investors
New York
$5.83M
MOACM
48
Mutual of America Capital Management
New York
$5.81M -$45.2K -949 -0.7%
Ameriprise
49
Ameriprise
Minnesota
$5.73M -$193K -4,063 -3%
Invesco
50
Invesco
Georgia
$5.61M +$329K +6,915 +6%

FRME Hedge Fund Activity: Q3 2018 in Review

194 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2018, worth a combined $1.6B — down 1.6% from $1.63B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FRME positions and 17 closed out — a net gain of 1 holder — while 70 added to existing stakes and 60 trimmed.

The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $20.6M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $18.4M.

  • 194 institutional investors held First Merchants (FRME) as of Q3 2018, up from 193 in Q2 2018.
  • Funds reported $1.6B of First Merchants stock for Q3 2018, down 1.6% quarter-over-quarter.
  • 18 funds opened new First Merchants positions in Q3 2018 and 17 closed out, a net change of +1 holder.
  • The largest First Merchants buyer in Q3 2018 was Cardinal Capital Management LLC (Connecticut), an estimated $20.6M added.
  • The largest First Merchants seller in Q3 2018 was Vaughan Nelson Investment Management, an estimated $18.4M sold.

Based on aggregated 13F filings for Q3 2018.