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First Merchants

182 hedge funds and large institutions have $1.08B invested in First Merchants in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 52 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 52

3% more capital invested

Capital invested by funds: $1.05B → $1.08B (+$32.2M)

0.73% more ownership

Funds ownership: 71.92%72.65% (+0.73%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 184182 (-2)

Holders
182
Holders Change
-2
Holders Change %
-1.09%
% of All Funds
3.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
21
Increased
74
Reduced
52
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$10.9M +$825K +30,890 +8%
EAM
27
Eagle Asset Management
Florida
$10.5M +$5.86M +219,357 +129%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$10.1M +$160K +5,973 +2%
Wells Fargo
29
Wells Fargo
California
$9.77M +$2.42M +90,614 +34%
Bank of America
30
Bank of America
North Carolina
$7.95M +$1.83M +68,337 +31%
KCM
31
Kennedy Capital Management
Missouri
$7.84M +$1.3M +48,496 +21%
Nordea Investment Management
32
Nordea Investment Management
Sweden
$6.72M +$3.31M +123,799 +99%
PC
33
Pier Capital
Connecticut
$6.7M +$1.24M +46,514 +24%
BNP Paribas Asset Management
34
BNP Paribas Asset Management
France
$5.57M -$465K -17,408 -8%
PFC
35
Phocas Financial Corp
California
$4.81M -$405K -15,144 -8%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$4.79M +$18.6K +698 +0.4%
JP Morgan Chase
37
JP Morgan Chase
New York
$4.65M +$36.1K +1,350 +0.8%
First Trust Advisors
38
First Trust Advisors
Illinois
$3.77M -$232K -8,675 -6%
PPA
39
Parametric Portfolio Associates
Washington
$3.77M +$1.21M +45,302 +50%
SO
40
STRS Ohio
Ohio
$3.44M +$748K +28,000 +29%
Swiss National Bank
41
Swiss National Bank
Switzerland
$3.41M +$417K +15,600 +14%
Millennium Management
42
Millennium Management
New York
$3.34M +$2.11M +78,879 +186%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$3.29M -$46.2K -1,728 -1%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$3.21M +$86.7K +3,244 +3%
Russell Investments Group
45
Russell Investments Group
United Kingdom
$3.2M -$19.5K -730 -0.6%
MOACM
46
Mutual of America Capital Management
New York
$2.87M +$1M +37,589 +57%
State of New Jersey Common Pension Fund D
47
State of New Jersey Common Pension Fund D
New Jersey
$2.79M -$160K -6,004 -6%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$2.24M -$29K -1,085 -1%
AllianceBernstein
49
AllianceBernstein
Tennessee
$2.14M +$45.7K +1,711 +2%
FFBTD
50
First Financial Bank - Trust Division
Ohio
$2.09M

FRME Hedge Fund Activity: Q2 2020 in Review

182 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2020, worth a combined $1.08B — up 3.1% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of FRME and 21 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 74 added.

The largest buyer was Systematic Financial Management, adding an estimated $10.8M. The largest seller was Victory Capital Management, cutting an estimated $24.3M.

  • 182 institutional investors held First Merchants (FRME) as of Q2 2020, down from 184 in Q1 2020.
  • Funds reported $1.08B of First Merchants stock for Q2 2020, up 3.1% quarter-over-quarter.
  • 21 funds opened new First Merchants positions in Q2 2020 and 22 closed out, a net change of -1 holder.
  • The largest First Merchants buyer in Q2 2020 was Systematic Financial Management, an estimated $10.8M added.
  • The largest First Merchants seller in Q2 2020 was Victory Capital Management, an estimated $24.3M sold.

Based on aggregated 13F filings for Q2 2020.