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First Merchants

183 hedge funds and large institutions have $1.5B invested in First Merchants in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 72 increasing their positions, 56 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

29% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 56

7% more capital invested

Capital invested by funds: $1.41B → $1.5B (+$97.4M)

2% less funds holding

Funds holding: 186183 (-3)

3.51% less ownership

Funds ownership: 74.79%71.27% (-3.5%)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
183
Holders Change
-3
Holders Change %
-1.61%
% of All Funds
4.01%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
20
Increased
72
Reduced
56
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$13.2M -$5.72M -153,225 -30%
Charles Schwab
27
Charles Schwab
California
$12.6M +$786K +21,039 +7%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$12.4M +$236K +6,306 +2%
KCM
29
Kennedy Capital Management
Missouri
$11.2M -$1.75M -46,907 -14%
Lord, Abbett & Co
30
Lord, Abbett & Co
New Jersey
$10.2M -$82.2K -2,200 -0.8%
Bank of America
31
Bank of America
North Carolina
$10.2M +$3.75M +100,276 +59%
N
32
Nuveen
North Carolina
$10.1M -$10.2M -272,732 -50%
BNP Paribas Asset Management
33
BNP Paribas Asset Management
France
$9.05M +$136K +3,638 +2%
American Century Companies
34
American Century Companies
Missouri
$7.35M +$1.87K +50 +0%
PFC
35
Phocas Financial Corp
California
$7.07M -$4.67K -125 -0.1%
PC
36
Pier Capital
Connecticut
$6.87M -$491K -13,156 -7%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$6.32M +$11.7K +313 +0.2%
First Trust Advisors
38
First Trust Advisors
Illinois
$6.32M +$496K +13,291 +9%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$5.89M +$1.95M +52,221 +50%
EAM
40
Eagle Asset Management
Florida
$5.17M -$4.91M -131,388 -49%
State of New Jersey Common Pension Fund D
41
State of New Jersey Common Pension Fund D
New Jersey
$4.67M +$4.64M +124,200 New
MOACM
42
Mutual of America Capital Management
New York
$4.53M -$1.19M -31,842 -21%
Nordea Investment Management
43
Nordea Investment Management
Sweden
$4.4M +$25.6K +686 +0.6%
Millennium Management
44
Millennium Management
New York
$4.28M +$3.58M +95,951 +540%
Natixis Advisors
45
Natixis Advisors
Massachusetts
$4.17M +$29.3K +784 +0.7%
PPA
46
Parametric Portfolio Associates
Washington
$4.04M +$781K +20,909 +24%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$3.94M +$438K +11,725 +13%
Russell Investments Group
48
Russell Investments Group
United Kingdom
$3.89M +$197K +5,265 +5%
QI
49
QS Investors
New York
$3.79M -$956K -25,598 -20%
Prudential Financial
50
Prudential Financial
New Jersey
$3.73M -$950K -25,433 -20%

FRME Hedge Fund Activity: Q3 2019 in Review

183 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2019, worth a combined $1.5B — up 6.9% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of FRME and 20 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 72 added.

The largest buyer was Victory Capital Management, adding an estimated $27.7M. The largest seller was Nuveen, cutting an estimated $10.2M.

  • 183 institutional investors held First Merchants (FRME) as of Q3 2019, down from 186 in Q2 2019.
  • Funds reported $1.5B of First Merchants stock for Q3 2019, up 6.9% quarter-over-quarter.
  • 20 funds opened new First Merchants positions in Q3 2019 and 23 closed out, a net change of -3 holders.
  • The largest First Merchants buyer in Q3 2019 was Victory Capital Management, an estimated $27.7M added.
  • The largest First Merchants seller in Q3 2019 was Nuveen, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2019.